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IRCTC, HAL, Vodafone Idea, Jubilant Foodworks, Reliance Industries: Check top buzzing stocks of the day
5 min read | Updated on February 12, 2025, 12:12 IST
SUMMARY
Shares of IRCTC dropped more than 3% to hit a 52-week low of ₹722.05 per piece on the NSE
IRCON International shares tanked more than 9% to hit a fresh 52-week low of ₹159.61 per share on the NSE.
The domestic equity market was trading with significant cuts in the early trade on Wednesday, February 12, amid selling in all sectors except IT.
At 12 PM, the S&P BSE SENSEX was trading at 76,158.90, down 134.7 points, or 0.18%, while the NSE's NIFTY50 index was trading at 23,061.70, down 10.10 points, or 0.04%.
IRCTC reported a 13.7% increase in consolidated net profit to ₹341 crore for the December quarter compared to ₹300 crore in the year-ago period. Its revenue from operations rose by 10% to ₹1,224.7 crore in the third quarter from ₹1,115.5 crore in the same period of last year.
The company reported a 65% plunge in consolidated net profit to ₹86 crore for the October-December quarter of FY25 compared to ₹244 crore in the year-ago quarter.
The engineering and construction firm reported a 10% drop in consolidated revenue from operations to ₹2,612.86 crore for the third quarter of FY2024-25, compared to ₹2,929.54 crore in the same period of the last fiscal year.
The stock fell 2.7% to ₹8.58 per unit on the National Stock Exchange (NSE) at 9:22 am.
Vi reported narrowing consolidated losses to ₹6,609.3 crore in the third quarter of the current fiscal year, compared to ₹6,985.9 crore a year ago. Revenue from operations advanced 4% to ₹11,117.3 crore in the quarter under review as against ₹10,673.1 crore in the same period last year.
Average revenue per user (ARPU), a key metric for all telcos, increased sequentially by 4.7% to ₹173 in Q3 FY25, compared to ₹166 in the September quarter.
The company on Tuesday reported over 6% rise in consolidated profit after tax to ₹18 crore in the December quarter, on account of increased revenue. It posted ₹17 crore PAT in the year-ago period, the company said in a statement. The total revenue increased 30% to ₹345 crore from ₹266 crore in the same quarter a year ago.
During the intraday trade, the company was trading 15.82% lower at ₹592.40 on BSE. Gensol touched its 52-week low of ₹585.80 on Wednesday.
Shares of the company fell as much as 3% in the early trade to ₹641.35 apiece on the NSE.
The company, which is one of the largest steel producers in India, reported over a 66% decline in consolidated net profit to ₹141.89 crore for the December quarter, on account of increased expenses. It posted a ₹422.92 crore profit for the year-ago period, the company said in an exchange filing. The company's total income, however, rose to ₹24,723.43 crore from ₹23,492.33 crore in the same quarter a year ago.
“I can only tell you our requirements and what our worries are. You have to alleviate those worries and make us more confident. At the moment, I am just not confident of HAL, which is a very wrong thing to happen... Everything is ‘ho jayega’ (will happen) and ‘karenge’ (we will do it)!” Singh is heard saying in the clip shot on Monday and posted by on YouTube.
During the intraday trade, the company was trading at ₹3,603.40 apiece on BSE, falling 1.22%. Investors also remained cautious as the HAL is expected to announce its December quarter earnings on Wednesday.
The stock fell 8.2% to ₹294.5 per share on the National Stock Exchange (NSE) during the intraday period.
Gopal Snacks' net profit declined 70.3% to ₹5.3 crore in the quarter ended December 2024. In the year-ago period, the post-tax profit was ₹17.9 crore.
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