Suzlon Energy, JSW Energy, ITC Hotels, Bajaj Auto, Netweb: Check top buzzing stocks of the day

The benchmark equity indices on Wednesday, January 29, were trading in green, rising over 0.50%, during the late morning deals.

At 11:20 AM, the S&P BSE SENSEX was trading at 76,272.43, advancing 377.71 points, or 0.51%, while the NSE's NIFTY50 index was at 23,082.65, rising 125.40 points, or 0.55%.

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

On Tuesday, the company posted a 91% rise in its consolidated net profit to ₹388 crore for the latest December quarter, as compared to ₹204 crore post-tax profit in the quarter ended December 31, 2023.

Net revenue climbed to ₹2,969 crore in Q3 FY25, up from ₹1,553 crore a year back.

During the early trade, the stock was at ₹468.30 on BSE, sliding as much as 7.08%. On NSE, the shares were also down 8%.

The company reported a 27% year-on-year (y-o-y) decline in its consolidated net profit for the third quarter amid lower revenues from thermal and hydropower plants. Revenue of the JSW Group firm also fell to ₹2,640 crore in Q3FY25 from ₹2661 crore a year earlier.

On the BSE, shares were listed at ₹188 apiece. The implied price on the BSE was ₹270. Hence, this suggests that the stock was listed at a 30.3% discount on the BSE.

During the intraday trade, the company was down 5% on BSE at ₹178.60.

The company was up 2.65% on BSE during the intraday trade at ₹8,614.60.

The auto major posted an 8% jump in its consolidated net profit to ₹2,196 crore for the October-December quarter of the current fiscal (Q3 FY25) against ₹2,033 crore posted in the year-ago period. The auto major’s revenue from operations stood at ₹13,169 crore for the reporting quarter as compared to ₹12,165 crore in Q3 FY24.

The company reported 23% increase in revenue to ₹869 crore led by auto, industrial and railway businesses, which grew between 37% and 38% each on yearly basis.

During the intraday day, the stock was trading at ₹504.35 jumping 20% on BSE.

Syrma’s net profit for December quarter rose to ₹53 crore from ₹20.2 crore last year. This was also aided by a 134% jump in its other income to ₹22.2 crore.

The company was trading 16.05% higher on BSE at ₹2,184.25.

Ami Organics revenue from operations jumped 65.21% during the reporting quarter to ₹274.98 crore as compared to ₹166.44 crore in Q3 FY24. Its total expenses grew by 45.87% to Rs 213.32 crore y-o-y during the quarter.

“Netweb’s AI solutions portfolio is designed to provide multi-GPU/APU platforms that cater to both inference and training architectures. Our offerings include hardware, middleware, and utilities that seamlessly integrate with end-user applications like DeepSeek. As such, the performance acceleration enabled by platforms like DeepSeek will drive greater adoption of our solutions,” the company said in an exchange filing.

“Evolving platforms and technologies will significantly boost the adoption of our AI solutions, reaffirming ample growth potential. These developments align seamlessly with our product and solution design strategies. As a result, we do not view these advancements as a threat to our business; rather, we see them as a catalyst for further growth and innovation,” Netweb further said.

Shares of the company during the intraday trade rose 10% to hit upper circuit of ₹1,606.35 on BSE.

Sales of the company declined 80.63% to ₹17.61 crore in the reporting quarter as against ₹90.90 crore during the same quarter ended December 2023.

During noon, the company’s scrip was trading at ₹443.95 a piece, tumbling 7.95% on BSE.

In the early trade, the stock was trading at ₹1,625.80 apiece, reflecting an increase of 0.58% on the National Stock Exchange. At 11:20 AM, the company was trading 1.18% higher on BSE at ₹1,629.65.

The company's consolidated profit after tax increased 4% to ₹32.3 crore for the three-month period ended December 2024, compared to ₹31.1 crore in the year-ago period.

Revenue from operations grew 24.5% to ₹114.5 crore in the quarter under review as against ₹92 crore in the corresponding period last fiscal.