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  1. Stocks to watch, January 28: BHEL, Bajaj Auto, Cipla, Hyundai Motor India, RITES, Coal India, Tata Steel, Bajaj Housing Finance, and more

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Stocks to watch, January 28: BHEL, Bajaj Auto, Cipla, Hyundai Motor India, RITES, Coal India, Tata Steel, Bajaj Housing Finance, and more

Upstox

3 min read | Updated on January 28, 2025, 08:26 IST

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SUMMARY

Coal India Ltd (CIL) on Monday reported a 17.4% decline in consolidated net profit at ₹8,491.22 crore for the quarter ended December 31, 2024, on the back of lower sales. The filing said sales during October-December FY25 dropped to ₹32,358.98 crore from ₹33,011.11 crore logged a year ago.

At 8:12 AM, the GIFT NIFTY futures were trading at 22,939.50, up 19 points, or 0.08%

At 8:12 AM, the GIFT NIFTY futures were trading at 22,939.50, up 19 points, or 0.08%. | Image: Shutterstock

Stocks to Watch: The domestic equity market is expected to open with gains on Tuesday, January 28, after the DeepSeek scare caused a bloodbath in tech stocks on Wall Street.

At 8:12 AM, the GIFT NIFTY futures were trading at 22,939.50, up 19 points, or 0.08%. This implies that the NIFTY50 index will open 93 points higher.

Here is a list of stocks that are expected to remain in focus today.
Earnings today: A host of companies are scheduled to declare their Q3 results today. The list includes names such as BHEL, Bajaj Auto, Cipla, Bosch, Hyundai Motor India, Ideaforge Technology, CE Info Systems, RITES, SBI Card, and TVS Motor Company.
Coal India: State-owned Coal India Ltd (CIL) on Monday reported a 17.4% decline in consolidated net profit at ₹8,491.22 crore for the quarter ended December 31, 2024, on the back of lower sales.

The filing said sales during October-December FY25 dropped to ₹32,358.98 crore from ₹33,011.11 crore logged a year ago.

Total expenses of the coal behemoth during the third quarter rose to ₹26,201.55 crore from ₹25,132.87 crore earlier.

CIL accounts for over 80% of the domestic coal output.

Tata Steel: Tata Steel on Monday reported a 43.4% decline in consolidated net profit to ₹295.49 crore for the quarter ended on December 31, 2024, due to lower income.

The company had posted a consolidated net profit of ₹522.14 crore in the year-ago period.

The consolidated income declined to ₹53,869.33 crore in the October-December period from ₹55,539.77 crore in the corresponding quarter of the previous fiscal, according to an exchange filing by Tata Steel.

Total expenses of Tata Steel dropped to ₹52,118.09 crore over ₹53,351.13 in the year-ago period.

Petronet LNG: The company reported a 25.5% year-on-year (YoY) surge in net profit at ₹867 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, Petronet LNG posted a net profit of ₹1,190.3 crore.

Its revenue from operations dropped 17.09% to ₹12,227 crore against ₹14,747 crore in the year-ago period. Petronet LNG's revenue fell 6% quarter-on-quarter from ₹13,021.8 crore.

Bajaj Housing Finance: The company reported a net profit of ₹548.02 crore in Q3. This marks an increase of over 25% from the ₹436.97 crore net profit reported in the corresponding period of the previous financial year.

Its revenue from operations also rose nearly 26% on-year to ₹2,448.86 crore. The company had earlier reported a revenue of ₹1,946.18 crore in Q3 of the previous financial year.

Its net interest income (NII) increased by 25% to ₹806 crore from ₹645 crore in Q3 FY24.

(With inputs from PTI)

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