Stocks To Watch: BPCL, L&T, Vodafone Idea, Adani Group, Devyani International, Jupiter Wagons, Happy Forgings, HAL, IRCTC, Gopal Snacks

GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a higher opening on Wednesday. Here’s a look at the key stocks to watch in trade.

Stocks in Focus: Here’s a comprehensive list of stocks to keep in mind before you start your day. From BPCL to Gopal Snacks, you can read about all the stocks that may see action in Wednesday’s trade. Previously, on Tuesday, the NSE Nifty 50 closed the session 178 points or 0.76% lower at 23,381.60, while the BSE Sensex lost 548.39 points or 0.70% to close at 77,311.80.

Stocks to watch on February 12, 2024 BPCL

BPCL is looking to move ahead with its exploration and production projects overseas, including in Brazil and Mozambique, the company’s director-finance Vetsa Rama Krishna Gupta told FE during the ongoing India Energy Week conference. The company will sign a liquefied natural gas (LNG) supply deal with Abu Dhabi National Oil Company (ADNOC) for a period of five years starting in FY26.

ALSO READBPCL to sign 5-year LNG supply deal with ADNOC L&T

Larsen & Toubro (L&T) chairman and managing director SN Subrahmanyan highlighted a severe labour shortage in India’s construction sector, attributing it to workers’ reluctance to migrate to other cities. Speaking at the CII South Global Linkages summit in Chennai, he pointed out that while many parts of the world experience heavy migration, India faces the opposite challenge.

Vodafone Idea

On the back of lower finance costs and a tariff hike in July, Vodafone Idea posted a smaller-than-expected net loss at Rs 6,609.3 crore during the October-December quarter. Its net loss in the preceding quarter was Rs 7,175.9 crore. Revenues during the quarter stood at Rs 11,117.3 crore, marking a 1.7% sequential increase, but below Bloomberg’s estimate of Rs 11,363 crore.

Adani Group

In a big breather to Adani Group, US President Donald Trump has issued an executive order instructing the Department of Justice to pause the enforcement of an almost five-decade-older law. This is the same law used for probing Gautam Adani in the bribery case.

Devyani International

Devyani International witnessed a slight uptick in demand in metro cities in the October-December quarter, non-executive chairman Ravi Jaipuria said on Tuesday. The company reported a net loss of Rs 7.6 crore in Q3 FY25 mainly due to a deferred tax liability of Rs 16.2 crore.

 » Read More

Related Articles

Income Tax Bill 2025: How is the new tax law different from the old one?

The new Income Tax Bill 2025, set to be tabled in Parliament on Thursday, marks a historic moment in India’s tax landscape, as it will replace the current year legislation introduced way back in 1961. The bill, once passed, will come into effect from April 1, 2026. “Aimed at overhauling the nation’s tax system, the

HAL shares fall 5%. Here’s what’s worrying investors…

Hindustan Aeronautics share price plunged 5% to the day’s low of Rs 3,470.05 after Indian Air Force Chief Air Chief Marshal A P Singh raised concerns over the delay in the delivery of Light Combat Aircraft (LCA)-Mk1A. It is better known as the fighter jet Tejas. Singh said he is not confident in HAL.  Singh

Hexaware Tech IPO GMP muted: Experts raise valuation concerns

Hexaware Technologies IPO opened for bidding today, February 12, and will remain open until February 14. The price band for the issue is set between Rs 674 to Rs 708 per share, with a total issue size of Rs 8,750 crore. Hexaware Technologies IPO: Structure The Carlyle-backed IPO is an OFS, meaning that no fresh

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Income Tax Bill 2025: How is the new tax law different from the old one?

The new Income Tax Bill 2025, set to be tabled in Parliament on Thursday, marks a historic moment in India’s tax landscape, as it will replace the current year legislation introduced way back in 1961. The bill, once passed, will come into effect from April 1, 2026. “Aimed at overhauling the nation’s tax system, the

HAL shares fall 5%. Here’s what’s worrying investors…

Hindustan Aeronautics share price plunged 5% to the day’s low of Rs 3,470.05 after Indian Air Force Chief Air Chief Marshal A P Singh raised concerns over the delay in the delivery of Light Combat Aircraft (LCA)-Mk1A. It is better known as the fighter jet Tejas. Singh said he is not confident in HAL.  Singh

Hexaware Tech IPO GMP muted: Experts raise valuation concerns

Hexaware Technologies IPO opened for bidding today, February 12, and will remain open until February 14. The price band for the issue is set between Rs 674 to Rs 708 per share, with a total issue size of Rs 8,750 crore. Hexaware Technologies IPO: Structure The Carlyle-backed IPO is an OFS, meaning that no fresh

When will the stock market stop falling? Look out for these signs…

The selling in the market just does not seem to end with the Sensex plunging nearly 2000 points in just five days. There are many reasons for the sharp downturn including the massive FII outflows, strengthening dollar and continued earnings disappointment. However, the questions that is worrying everyone is when will the market stop falling?

New Income Tax Bill: Key provisions in the bill taxpayers need to know

The New Income Tax Bill — to be called the Income-Tax Act, 2025, once passed – is set to be presented in Parliament on February 13, and aims to replace the six-decade-old Income Tax Act of 1961. It will extend to the whole of India and shall come into force on the 1st April, 2026.