Domestic market continued to decline, benchmark indices sunk nearly 1.3% drop. Here, a number of stocks have been attracting attention because there has been large news and third-quarter reports.
HAL, Siemens, PFC, RVNL and Ashok Leyland are set to release their Q3 numbers today and that is making investors curious. The company TVS Motor made news signing an MOU with the government of Karnataka to set up an investment of ?2,000 crore for five years, thus enhancing its presence in the state.
Jupiter Wagons has secured a ?600 crore order from Ambuja Cements and ACC for the production of specialized wagons. Berger Paints announced a robust Q3, posting a net profit of ?295 crore, and BHEL has been awarded a ?6,200 crore project by the Damodar Valley Corporation.
Vodafone Idea cut its Q3 net loss to ?6,609 crore, an improvement from the prior year. For the December quarter, Net Profit (NP) of IRCTC increased by 14% to ?341 crore. In infrastructure news, HG Infra Engineering and DEC Infrastructure have been awarded a ?2,196 crore EPC project by the Rail Land Development Authority (RLDA).
These advances are set to keep investors on high alert, with stock prices moving throughout the trading day.