Force Motors, Hitachi Energy, Honeywell Automation, Voltas, RITES: Check top buzzing stocks of the day

3 min read | Updated on October 30, 2024, 13:03 IST

SUMMARY

At 12:50 pm, the S&P BSE SENSEX was trading at 80,272.71 levels, down 96 points, or 0.12% while the NSE's NIFTY50 index was trading at 24,451.10 points, down 16 points, or 0.06%.

Shares of Marico jumped as much as 9.1% to ₹687 apiece on Wednesday after the company released its financial results for the quarter ended September 2024.

Buzzing Stocks today: The domestic stocks were trading in negative territory in the afternoon deals on Wednesday, October 30.

At 12:50 pm, the S&P BSE SENSEX was trading at 80,272.71 levels, down 96 points, or 0.12% while the NSE's NIFTY50 index was trading at 24,451.10 points, down 16 points, or 0.06%.

Here is a list of stocks that are buzzing in today's trade.

Force Motors: Shares of Force Motors were locked in the 20% upper circuit limit of ₹7,654 apiece on the BSE after the company reported September quarter (Q2 FY25) numbers.

As per news reports, the company's consolidated net profit jumped 43.83% to ₹135.02 crore in Q2 FY25 as against ₹93.87 crore posted in Q2 FY24.

Revenue from operations grew 7.75% to ₹1,941.33 crore in the quarter ended 30 September 2024.

Marico: Shares of Marico jumped as much as 9.1% to ₹687 apiece on Wednesday after the company released its financial results for the quarter ended September 2024.

Marico reported a 20.27% jump in its consolidated net profit to ₹433 crore for the latest September quarter, aided by volume growth, pricing actions, and gains from the sale of fixed assets, according to a regulatory filing.

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Voltas: Shares of Voltas declined as much as 7.33% to ₹1,649.55 apiece on the BSE on Tuesday, October 30, a day after the company reported its September quarter results.

The air-conditioning maker and engineering services provider on Tuesday reported a more than two-fold jump in consolidated net profit to ₹132.83 crore for the September quarter.

The stock, however, recovered later and was trading nearly 3% lower at ₹1,718.85 on the BSE.

Data Patterns: The stock was trading 11% higher at ₹2,447.50 on the BSE. For the June quarter, the company’s revenue from operations grew 16% YoY to ₹104.08 crore in Q1FY25 compared to ₹89.69 crore in Q1FY24. Data Patterns PAT also surged nearly 27% to ₹32.79 crore in Q1FY25 compared to ₹25.83 crore in the same quarter of the preceding fiscal.

Honeywell Automation India: Shares of Honeywell Automation were trading 8% higher at ₹45,151.30 apiece on the BSE after the company reported its second-quarter results on Tuesday, October 29, 2024.

The company’s net profit fell 5.7% year-on-year, totaling ₹115 crore for the three months ended September 2024, down from ₹122 crore in the same quarter last year.

Hitachi Energy India: The stock was down 6% at ₹13,430 on the BSE after the company on Tuesday posted over 111% jump in net profit to ₹52.3 crore in the September quarter, mainly due to higher revenues.

In the quarter ended September 30, 2024, the orders totalled ₹1,952 crore, up 11.7% year-on-year from ₹1,747.1 crore in July-September 2023.

RITES: The stock was trading 2.58% higher at ₹302 on the BSE after the company signed a Memorandum of Understanding (MoU) under the Ministry of Steel.

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