Stocks to watch, February 12: Jubilant FoodWorks, HAL, Honasa Consumer, SAIL, IRCTC, Lupin, HG Infra, and more

At 7:57 AM, the GIFT NIFTY futures were trading at 23,195 levels, up 22.50 points, or 0.10%. This suggests that the NIFTY50 index will open 41 points higher.

On the global front, stocks rose and US Treasury yields firmed on Wednesday as investors assessed the latest US tariff salvo along with Federal Reserve Chair Jerome Powell's signal of a patient path for rate cuts.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.32%, following a mixed session on Wall Street as gains in Coca-Cola and Apple offset losses in Tesla, according to a Reuters report.

Oil prices retreated from their recent peaks hit on the back of Russian and Iranian supply concerns, with Brent crude falling 0.36% to $76.72 per barrel. US crude similarly slid 0.41% to $73.02 a barrel. Spot gold held near a record high at $2,894 an ounce.

IRCTC had posted a ₹299.99 crore profit after tax in the year-ago period, the company said in a regulatory filing.

Total income increased to ₹1,281.20 crore from ₹1,161.04 crore in the year-ago period.

The company's board has approved a second interim dividend of ₹3 per equity share having a face value of ₹2 each for the financial year 2024-25.

The company had posted a consolidated net profit of ₹ 300.16 crore in the third quarter of last fiscal, Berger Paints India Ltd said in a regulatory filing.

Consolidated revenue from operations in the quarter under review stood at ₹ 2,975.06 crore against ₹ 2,881.83 crore in the corresponding period a year ago, it added.

Total expenses in the quarter stood at ₹ 2,608.13 crore, up from ₹ 2,504.32 crore in the year-ago period, the company said.

Revenue from operations zoomed 361.35% to ₹349.7 crore against ₹75.8 crore in the corresponding period of the preceding fiscal.

The project will be carried out through the engineering, procurement, and construction mode, within a timeframe of 45 months, according to an exchange filing on Tuesday. The contract involves "redevelopment of New Delhi railway station and construction of associated infrastructure," the filing said.

The teleco’s revenue from operations stood at ₹11,117.3 crore in the quarter under review, jumping 4.16% year-on-year (YoY) from ₹10,673.1 crore in the December quarter of the 2023-24 fiscal year (Q3 FY24).

The PSU posted a ₹422.92 crore profit for the year-ago period, the company said in an exchange filing. However, the company's total income rose to ₹ 24,723.43 crore from ₹ 23,492.33 crore in the same quarter last year.

Expenses surged to ₹24,560.47 crore from ₹23,140.81 crore in the year-ago period.

Revenue from operations in the reporting period also declined 11% year-on-year (YoY) to ₹2,613 crore. It was ₹2,929 crore in the same period of last year.