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  1. Bharti Airtel, SBI, Tata Steel, ITC, Bikaji Foods: Check top buzzing stocks for the day

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Bharti Airtel, SBI, Tata Steel, ITC, Bikaji Foods: Check top buzzing stocks for the day

Ahana Chatterjee - image.jpg

6 min read | Updated on February 07, 2025, 12:27 IST

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SUMMARY

Share of the telecom giant Bharti Airtel soared over 5% on Friday as it reported multi fold jump in its consolidated net profit for December quarter

Shares of the State Bank of India was down 1.02% on BSE at ₹744.65 apiece. | Image: Shutterstock

Shares of the State Bank of India was down 1.02% on BSE at ₹744.65 apiece. | Image: Shutterstock

The benchmark equity indices on Friday, February 7, were trading in negative, during the noon session. The indices opened negative but had soared to green after the Reserve Bank of India’s policy announcement. However, it gave up the gains shortly.

At 12:15 PM, the S&P BSE SENSEX was trading at 77,915.07, falling 143.09 points, or 0.18%, while the NSE's NIFTY50 index was at 23,575.05, down 28.30 points, or 0.12%.

Here is a list of stocks that are buzzing in today's trade.
Bharti Airtel: Share of the telecom giant soared over 5% on Friday as it reported multi fold jump in its consolidated net profit for December quarter.

Bharti Airtel on Thursday reported more than five-fold jump in consolidated net profit to ₹16,134.6 crore boosted by consolidation of the Indus Tower business and benefits of tariff hikes flowing into the quarter. The company had posted a consolidated profit of ₹2,876.4 crore in the year-ago period.

India's second-largest telecom company posted quarterly revenue from operations of ₹45,129.3 crore, about 19% higher than ₹37,899.5 crore it posted in the year-ago period.

During the intraday trade, the company was trading 5.18% higher on BSE at ₹1,703.45.

ITC: Shares of diversified firm ITC Ltd slipped over 1.6% on Friday as the company reported a 7.27% decline in consolidated net profit to ₹5,013.16 crore for the December quarter. The company had posted a consolidated net profit of ₹5,406.52 crore in the year-ago period.

During the intraday trade, shares of the company was trading at ₹434 on BSE, falling 1.68% during the morning trade. However, on NSE, the scrip was down 1.54%.

ITC’s revenue from operations increased 9.05% to ₹20,349.96 crore during the reporting quarter as compared to ₹18,660.37 crore in the corresponding quarter of the previous fiscal year.

SBI: State Bank of India (SBI) saw a drop in its share price after the Reserve Bank of India on Friday cut its key lending rate by 25 basis points (bps) to 6.25% from 6.5%, keeping its stance ‘neutral’.

Shares of the country's largest lender was down 1.02% on BSE at ₹744.65 apiece.

SBI had posted an 84.32% surge in its standalone profit after tax to ₹16,891.44 crore in the quarter ended December 2025. In the year-ago quarter, the net profit was ₹9,163.96 crore. Its net interest income (NII) increased 4% to ₹41,446 crore in the third quarter of the financial year 2024-25, compared to ₹39,815 crore in the corresponding period last fiscal.

The bank's total income advanced 8.69% to ₹1,28,467 crore in the December quarter of the current fiscal against ₹1,18,193 crore in the same period a year ago.

Sonata Software: Shares of IT services firm Sonata Software declined over 16% as the company reported a 1.4% quarter-on-quarter (QoQ) decline in consolidated profit after tax (PAT) at ₹105 crore for the third quarter of fiscal 2025. The company had reported a net profit of ₹106.49 crore during the last quarter of the same fiscal year.

Shares of the company, during the intraday trade, was trading at ₹460.7 apiece on BSE, tumbling over 16.28%.

Sonata Software’s earnings before interest, taxes, depreciation and amortization (EBITDA) fell 7.8% QoQ to ₹163.6 crore, while the company’s cash and cash equivalents stood at ₹176 crore at the end of the quarter.

Jindal Steel and Power and Tata Steel: Shares of metal firms surged after the Reserve Bank of India on Friday cut its key lending rate by 25 basis points (bps) to 6.25% from 6.5%, keeping its stance ‘neutral’.

The cut is considered positive for real estate and infrastructure companies.

Shares of Jindal Steel and Power were at ₹841.40 a piece, rising 3.93%. Shares of Tata Power were trading 3.32% higher at ₹136.95 on BSE.

PG Electroplast: Shares of PG Electroplast, one of the leading names in the consumer durables space, rallied as much as 10.8% to ₹930.95 apiece on the BSE on Friday, February 7, a day after the company reported a strong set of numbers for the December quarter (Q3 FY25) of the financial year 2024-25.

For the quarter under review, PG Electroplast reported an operating revenue of ₹967.69 crore—a growth of 81.9% YoY. Quarterly EBITDA stood at ₹92.37 crore versus ₹47.00 crore in the year-ago period, a growth of 96.5%.

The company's net profit stood at ₹40.14 crore against ₹19.24 crore registered in the year-ago period—a growth of 108.7%.

Cochin Shipyard: Shares of the Cochin Shipyard dropped over 3% as the company reported 27.5% decline in its quarterly earnings to ₹176.99 crore for Q3FY25. The company has reported net profit of ₹244.38 crore for Q3FY24.

However, its net sales rose 8.64% to ₹1,147.64 crore during the reporting quarter from ₹1,056.40 crore in December 2023. Its EBITDA stood at ₹284.23 crore in December 2024 down 22.73% from ₹367.82 crore same period last fiscal year.

During the intraday trade, the company slipped 3.43% to ₹1362.95 apiece on BSE.

NCC: Infrastructure company NCC’s revenue for the December quarter declined 1.6% YoY to ₹4,670 crore. Its EBITDA also fell 15% on year to ₹410 crore, while margins dropped to 8.8% from 10.1% in Q3FY24. The construction firm’s net profit stood at ₹185 crore, marking a 12.9% YoY decline.

Shares of the company tumbled 11.07% on BSE during the intraday period to ₹211.20 apiece.

Hyderabad-based NCC also revised its revenue growth forecast for FY25 downward from 15% to 5%.

Bikaji Foods: Snacks manufacturer Bikaji Foods posted a 39% decline in its net profit year-on-year (YoY) to ₹28.6 crore in Q3FY25 as compared to ₹46.6 crore in the corresponding quarter last year.

However, revenue increased 14.5% YoY to ₹714.9 crore, supported by a 3% rise in volumes. Its EBITDA fell 26% YoY to ₹55.5 crore. The EBITDA margin contracted sharply by 425 basis points to 7.8%.

During the intraday trade, the shares of Bikaji Foods tanked 11.24% to ₹650 apiece on BSE.

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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.

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