Stocks to Watch Today Power Grid, Divi’s Labs, ITC, Eicher Motors, Coal India, Market Overview: Union Budget Trading Session Ends Flat Markets experienced a period of volatility during the special trading session triggered by the Union Budget, but by the end of the session, the indices managed to close flat. Despite the choppy trading, certain stocks have attracted attention due to their financial performance, key announcements, and developments surrounding the companies. Today, shares of Power Grid, Divi’s Labs, ITC, Eicher Motors, Coal India, and others are likely to remain in focus.
Focus on Quarterly Results: Power Grid, Divi’s Labs, Tata Chemicals, and More
A host of companies are scheduled to announce their quarterly earnings, which will influence market movements today. Key companies to keep an eye on include:
- Power Grid Corporation of India
- Divi’s Laboratories
- General Insurance Corp
- Tata Chemicals
These companies are expected to report their earnings for Q3 FY25, and investors will be keen on understanding how they performed amidst the broader economic environment.
Eicher Motors: Strong Export Performance & Sales Growth
Eicher Motors has been performing well, driven by a notable increase in the exports of its flagship brand, Royal Enfield. Exports have nearly doubled, with a reported 11,575 units sold. Overall sales of Royal Enfield motorcycles grew by 6%, totaling 7.27 lakh units during the quarter, compared to 6.85 lakh units in the same period last year. This performance showcases strong demand for the premium motorcycles and is expected to positively impact the company’s stock.
GR Infraprojects: Profit Growth Amid Revenue Decline
GR Infraprojects reported a 7.8% increase in net profit for Q3 FY25, reaching ₹261.7 crore, compared to ₹242.7 crore in the previous year. However, the company’s revenue from operations saw a decline of 20.6%, falling to ₹1,694.5 crore from ₹2,134 crore year-on-year. The decline in revenue could be attributed to project execution delays or reduced demand in the infrastructure sector.
Hero MotoCorp: Domestic and International Sales Surge
Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, sold 442,873 units in January 2025. Out of this, 412,378 units were sold in the domestic market. These strong figures suggest healthy demand for Hero’s products and may lead to positive momentum in the stock price.
Anant Raj: Robust Profit Growth and Revenue Expansion
Anant Raj posted impressive results for the quarter ending December 2024, with net profit jumping 55%. The company’s revenue from operations also grew by around 36% year-on-year. This growth trajectory makes Anant Raj a stock to watch for potential investment.
RIL: Re-Entry of Shein into the Indian Market
Reliance Retail made a major move this week with the launch of the Chinese fast-fashion label Shein in India. This marks a significant re-entry of the brand, nearly five years after it was banned in India due to diplomatic tensions between India and China. This could impact the retail sector and the broader market as investors look for how this partnership plays out.
FMCG Sector: ITC, HUL, Dabur, Britannia, Marico in Focus
The FMCG (Fast Moving Consumer Goods) sector has been on investors’ radar, especially after a rally during the special Union Budget session. Shares of ITC, HUL, Dabur, Britannia, and Marico are expected to remain in focus, with investors keenly monitoring any updates on their financials and market share.
Lupin: FDA Approval for Manufacturing Facility
Lupin, a leading pharmaceutical company, received a clean report from the US FDA for its Somerset, New Jersey manufacturing facility. The approval comes after a pre-approval inspection for Edaravone oral suspension conducted between January 28 and February 1, 2025. This regulatory approval could have a positive impact on Lupin’s growth prospects and its stock price.
MOIL: Strong Production Growth
MOIL, the largest producer of manganese ore in India, reported an increase in both production and sales. The company produced 1.6 lakh tonnes of manganese ore, with sales of 1.57 lakh tonnes, reflecting a 17% YoY increase. This growth indicates strong demand for manganese ore and the company’s efficient operations.
NMDC: Strong Production in January
NMDC saw a 12% rise in its iron ore production, reaching 5.10 million tonnes in January 2025 compared to 4.54 million tonnes in the same period last year. However, sales fell by 2%, dropping to 4.48 million tonnes from 4.56 million tonnes in January 2024. Despite the slight dip in sales, the company’s improved production is likely to be viewed positively by investors.
Coal India: Minor Decline in Production, Steady Offtake
Coal India reported a slight 0.8% decrease in production, totaling 77.8 million tonnes in January 2025. However, its year-to-date production stands at 621 million tonnes, or 74% of its full-year target. On the other hand, off-take rose by 2.2%, reaching 68.6 million tonnes. The company’s ability to meet most of its production target despite the slight decline could offer reassurance to investors.
Aarti Industries: Decline in Net Profit Amid Revenue Growth
Aarti Industries, a leading specialty chemicals company, reported a significant 63% year-on-year decline in its net profit, which dropped to ₹46 crore compared to ₹124 crore in the same period last year. Despite this decline, the company’s revenue grew by 6%, reaching ₹1,840 crore. This mixed performance may lead to varied reactions in the market.
Stocks to Watch Today
|
Stock |
Key Event/Update |
Impact on Stock |
|
Power Grid |
Quarterly results announcement |
Market reaction based on performance |
|
Divi’s Labs |
Quarterly results announcement |
Market reaction based on performance |
|
Eicher Motors |
Sales growth in Royal Enfield exports and overall volume increase |
Positive sentiment due to strong sales |
|
GR Infraprojects |
Profit growth despite revenue decline |
Mixed sentiment due to revenue decline |
|
Hero MotoCorp |
Strong sales growth in domestic and international markets |
Positive market reaction |
|
Anant Raj |
55% increase in net profit, 36% growth in revenue |
Positive sentiment due to strong growth |
|
Reliance Industries |
Launch of Shein after 5 years |
Positive sentiment based on retail expansion |
|
ITC, HUL, Dabur, Marico, Britannia |
Continued interest from FMCG sector following budget rally |
Strong interest in FMCG stocks |
|
Lupin |
FDA approval for Somerset, NJ manufacturing facility |
Positive reaction due to regulatory approval |
|
MOIL |
17% growth in production and sales of manganese ore |
Positive sentiment based on strong growth |
|
NMDC |
12% growth in iron ore production, slight decline in sales |
Mixed sentiment due to sales dip |
|
Coal India |
0.8% decline in production, 2.2% rise in off-take |
Neutral to positive reaction |
|
Aarti Industries |
63% YoY decline in net profit, 6% revenue growth |
Mixed reaction due to profit decline |
Conclusion: Focus on Earnings, Strategic Developments, and Sector Trends
The stock market today will be influenced by the quarterly earnings announcements, strategic corporate developments, and key performance updates. Investors should watch the results of Power Grid, Divi’s Labs, ITC, Eicher Motors, and others closely, as these companies may offer crucial insights into their growth trajectories. Additionally, sector-specific trends, such as the performance of the FMCG sector, pharmaceuticals, and mining companies, are likely to dictate investor sentiment.
Disclaimer: The views expressed in this article are the opinions of the author and are not intended as financial advice. Please consult certified experts before making any investment decisions.