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Stocks to Watch, November 13: Tata Steel, Bharat Dynamics, Eicher Motors, LG Electronics India, Asian Paints, Vedanta, Nazara Tech
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5 min read | Updated on November 13, 2025, 08:32 IST
SUMMARY
Stocks to Watch: Asian Paints, the country's largest paint maker, on Wednesday, November 12, reported a consolidated net profit of ₹1,018 crore in the second quarter of the current financial year, marking an increase of 47% from ₹694 crore in the same period last year.
The GIFT NIFTY futures suggest that the NIFTY50 index will open 36 points lower. | Image: Shutterstock
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The steel major on Wednesday reported an over fourfold jump in consolidated net profit to ₹3,183.09 crore in the September quarter, mainly supported by revenues from the India business.
It had clocked a net profit of ₹758.84 crore in the July-September period of FY25, the company said in an exchange filing.
The net loss widened as multiple factors, including foreign exchange loss, additional expenses related to grounded as well as reinducted aircraft, and airspace curbs, hit the budget carrier's bottom line.
Asian Paints shares surged as much as 6.83% to hit a fresh 52-week high of ₹2,838.70 after its earnings announcement.
The company's revenue in the July-September period advanced 6% to ₹8,531 crore from ₹8,028 crore in the year-ago period.
Asian Paints reported strong operational performance, as its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation), also known as operating profit, jumped 21% to ₹1,503 crore from ₹1,239 crore a year earlier.
The company reported revenue from operations of ₹539 crore for the quarter, marking a 16.5% increase from ₹462 crore in Q2 FY25.
The Bengaluru-based company's revenue from operations advanced 11% to ₹6,629 crore in the July to September period as compared to ₹5,976 crore in the year-ago period.
The company’s net income increased 15.3% to ₹7,516 crore in the reporting quarter from ₹6,519 crore on a year-on-year (YoY) basis.
The state-run fighter jet maker's operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), however, declined 5% to ₹1,558 crore as against ₹1,640 crore in the corresponding period last year.
In it was the central government's share of ₹988.88 crore.
A cheque for the amount was handed over to Coal and Mines Minister G Kishan Reddy by NALCO CMD Brijendra Pratap Singh in New Delhi.
NALCO, which commenced commercial operations in 1987, has consistently earned profits and declared dividends since 1992, the statement said.
The company has so far paid a cumulative dividend of ₹14,331 crore, of which ₹9,556 crore has been paid to the Centre, which currently holds 51.28% equity.
Nazara had registered a profit of ₹16.24 crore a year ago (that is Q2 FY25) and ₹51.34 crore in Q1 FY26.
In Q2 FY26, the company delivered revenues of ₹526.5 crore, up 65.1% year-on-year, and EBITDA of ₹62 crore, growing 146.4%. Growth during the quarter was led by improving retention, deeper LiveOps engagement, and cross-platform distribution across mobile, console, and PC, the company said.
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