return to news
  1. Adani Enterprises, Grasim, Hindalco, Apollo Hospitals, Vodafone Idea: Check top buzzing stocks of the day

Market News

Adani Enterprises, Grasim, Hindalco, Apollo Hospitals, Vodafone Idea: Check top buzzing stocks of the day

Ahana Chatterjee - image.jpg

5 min read | Updated on February 11, 2025, 12:27 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

Shares of Gautam Adani-led firm advanced over 3% on Tuesday, February 11 after reports on US Congressmen writing to new Attorney General against Adani's indictment

Shares of Eicher Motors traded in the negative territory on Tuesday after the company released its financial results for the third quarter of the current fiscal year.

Shares of Eicher Motors traded in the negative territory on Tuesday after the company released its financial results for the third quarter of the current fiscal year.

The benchmark equity indices on Tuesday, February 11, were trading in negative, declining over 0.5% during the late morning deals.

At 12:15 PM, the S&P BSE SENSEX was trading at 76,893.69, falling 418.11 points, or 0.54%, while the NSE's NIFTY50 index was at 23,248.85, down 132.75 points, or 0.57%.

Here is a list of stocks that are buzzing in today's trade.
Adani Enterprises: Shares of Gautam Adani-led firm advanced over 3% on Tuesday, February 11 after reports on US Congressmen writing to new Attorney General against Adani's indictment.

Shares of the company was trading at ₹2,359.95 apiece, surging 3.02% on NSE.

As many as six US Congressmen have written to the newly appointed Attorney General of the United States against "questionable" decisions made by the US Department of Justice (DoJ) such as the indictment against the Adani Group in an alleged bribery scam, which "jeopardises the relationship with close ally India".

Grasim: Aditya Birla Group flagship Grasim Industries on Monday reported a 29.15% drop in its consolidated net profit to ₹1,844.29 crore for the quarter ending December 2024. The company had posted a net profit of ₹2,603.43 crore during the October-December quarter a year ago.

During the intraday period, the company was trading 1.63% higher on NSE at ₹2,513.6 apiece.

Its revenue from operations was up 8.84% to ₹34,792.85 crore during the quarter under review compared to ₹31,965.48 crore in the corresponding period of the previous fiscal.

The revenue growth was "up by 9% YoY, driven by all-round growth across key businesses," said an earning statement from Grasim Industries.

Infosys: Shares of the IT services company gained nearly 1% on Tuesday after Infosys laid off over 300 freshers who underwent foundational training at its Mysuru campus but could not clear internal assessments after three attempts.

Shares of the company was trading at ₹1,893.30 apiece, rising 0.62% during the intraday trade.

Hindalco: Shares of Hindalco came into focus after US President Donald Trump imposed 25% tariff on all steel and aluminium imports to the US. Many analysts believe Hindalco won’t be much impacted by this as its arm Novelis has invested $2.5 billion for a new plant in the US.

During the intraday trade, the company was trading 0.55% higher at ₹599.25 apiece on the 50-share index.

Apollo Hospitals: Apollo Hospitals’ consolidated profit increased 51.8% YoY to ₹372.3 crore in Q3FY25, from ₹245.3 crore in the same quarter previous fiscal year. The revenue from operations climbed 13.9% YoY to ₹5,526.9 crore in Q3FY25, from ₹4,850.6 crore in Q3FY24.

Shares of the hospital chain firm was plunged 6.18% on NSE to ₹6,343.25 during the intraday trade.

Eicher Motors: Shares of Eicher Motors traded in the negative territory on Tuesday after the company released its financial results for the third quarter of the current fiscal year.

The stock declined 6% during opening session. During the intraday trade, Eicher Motors was trading at ₹5,027.80 a piece, tanking 5.76% on NSE.

The company posted an 18% increase in its consolidated post-tax profit at ₹1,171 crore for the latest December quarter, compared to ₹996 crore in the year-ago period. However, it missed street estimates.

Delhivery: Shares of logistics company Delivery continued to tumble on Tuesday, February 11, for the second straight session. The company touched its intraday low of ₹288.80 apiece. During the intraday trade, Delhivery traded 2.93% lower on BSE at ₹288.75.

On February 10, the logistics unicorn shares had dived as much as 4.9% to hit their 52-week low of ₹299.8 apiece on the NSE during the day’s trade.

Delhivery reported a 114% year-on-year rise in its consolidated profit last week to ₹25 crore for the Q3FY25 compared to ₹11.7 crore a year ago. Sequentially, its net profit surged 145% from ₹10.20 crore.

Nykaa: Shares of Nykaa owner FSN e-commerce Ventures tumbled nearly 1% on Tuesday after the company reported a consolidated net profit of ₹26.12 crore for the quarter ended December 31, 2024 (Q3 FY25). The figure grew 61.4% on-year as the company had posted a profit of ₹16.18 crore in the year-ago period.

Shares were trading at ₹168.76 apiece on NSE, falling 0.40% during the day’s trade.

The company’s revenue from operations for the quarter under review came in at ₹2,267.21 crore, up 26.7% from ₹1,788.80 crore registered in the December 2023 quarter.

Vodafone Idea: Shares of Vodafone Idea Ltd, India’s third largest mobile telephone company, dropped over 2% in early trade on Tuesday, February 11, ahead of the announcement of the company’s earnings for the quarter ended December 2024 (Q3FY25).

Vodafone Idea shares fell as much as 2.4% to hit the day’s low of ₹8.9 apiece on Tuesday on the National Stock Exchange of India. The stock has fallen over 7.5% in the past five trading sessions, but is still up 15.5% in the last one month. Over the past one year, the share price has declined over 38%.

Experts are predicting Vodafone Idea to see wider losses in Q3FY25 compared with the year-ago period. However, revenue is expected to inch up on the back of an increase in average revenue per user (ARPU) after the company undertook 10-24% tariff hikes in July 2024 across all plans. Read more
Upstox

About The Author

Ahana Chatterjee - image.jpg
Ahana Chatterjee is a business journalist with 7 years of experience across several leading news platforms. At Upstox, she covers stock markets and corporate news.

Next Story