Stocks to Watch, October 9: Tata Elxsi, TCS, GM Breweries, Senco Gold, CONCOR, Lupin, Coal India, Prestige Estates, Ajmera Realty

The PSU posted a 10.54% year-on-year (YoY) increase in total throughput to 14,40,724 Twenty-Foot Equivalent Units (TEUs) during the reporting quarter, compared to 13,03,402 in the corresponding period of the previous fiscal year, it said in a regulatory filing.

The MoU aims to improve rail infrastructure for Coal India and its subsidiaries. It is a non-binding agreement that outlines the intent of both companies to work together on rail development projects related to CIL’s operations.

This week, the Maharatna PSU also entered into an agreement with Chhattisgarh Mineral Development Corporation (CMDC). The non-binding Memorandum of Understanding aims to collaborate on the exploration and extraction of critical minerals and other minerals of mutual interest.

In a regulatory filing on Wednesday, the company noted that the growth in sales bookings, or pre-sales, was driven by robust demand across markets and segments.

Sales volume for the quarter stood at 4.42 million square feet, up 47% year-on-year.

The company sold 2,069 units during the July-September period.

The multiplex operator said the dine-in cinema is a first-of-its-kind experience where “blockbuster films meet gourmet dining”.

"This format transforms the cinema into a lifestyle destination, giving audiences the freedom to enjoy chef-curated meals in-seat, without stepping out of the auditorium or even purchasing a movie ticket," PVR INOX said in a statement.

The dine-in concept at M5 ECity Mall is built around the idea that cinema should be more than a film, and it should be a complete evening of entertainment, food, and comfort, it added.

Guests can choose from a range of curated in-house food and beverage brands, each designed to enhance the cinematic journey, it said.

The company had a consolidated net profit of ₹21.24 crore in the quarter ended on June 30, 2024, according to a regulatory filing.

Total income rose to ₹919.73 crore in the quarter against ₹254.09 crore in the same period a year ago.

Saatvik Green Energy Ltd manufactures high-efficiency solar PV modules.

The company was listed on the exchanges last month.

For the first half of the year (H1), our performance was robust, with total revenue growing 17.8% YoY. During H1 FY26, the retail business grew by 16% with a Same-Store Sales Growth (SSSG) of 7.5%.

In the second quarter (Q2), despite factors like the highest-ever gold prices, our total revenue grew by 6.5% YoY. This performance was achieved amidst factors like a high base effect due to a custom duty cut in Q2 FY25, a Shraddh season (September 7th to 21st), and a shift of consumer demand for a certain section of consumers towards capital goods due to a significant GST reduction. Moreover, in Kolkata and West Bengal, rains and a flood-like situation after Shraddh also impacted the momentum.

With a projected cumulative investment of $250 million, including research & development, infrastructure, and capital expenditures over a five-year period, the new site will have the capacity to accommodate the production of more than 25 critical respiratory medicines, the Mumbai-based drug maker said in a regulatory filing.

The Florida-based plant would produce products like albuterol inhalers for children with asthma, it added.

By strengthening domestic manufacturing and enhancing supply chain diversification, this critical project will enhance medicine security and strengthen the company's position as a global respiratory leader, it said.

Locally, the infrastructure will generate over 200 new long-term, skilled jobs by 2030 in Broward County.

"The airline will operate daily flights to Port Blair from Kolkata and Delhi, and to Udaipur from Delhi and Mumbai, offering travellers the perfect opportunity to plan their winter getaways," a release said.

While Port Blair services have commenced, flights to Udaipur from Delhi and Mumbai will begin from November 6.

SpiceJet, which had faced headwinds, is working on expanding its operational fleet and adding new routes.

"The airline is set to more than double both its daily flights and operational fleet this winter, with several exciting new destinations on the horizon," the carrier said.

Copenhagen is IndiGo's 44th international and 138th destination overall. The airline, which is expanding its international network, in July started operating services to Amsterdam and Manchester from Mumbai.

The services to Copenhagen, which also mark the carrier's entry into the Scandinavian region of Europe, will be operated three times a week with the leased Boeing 787-9 Dreamliner aircraft.

The airline will also be launching flights to London and Athens.

With a fleet of over 400 planes, IndiGo operates around 2,200 flights daily.

The auto major on Wednesday announced the setting up of its 5,000th Arena Service touchpoint in Coimbatore.

The company sells its product range in the country through Arena and Nexa sales networks.

"We plan to continuously expand our network in the future as well. In FY 2024-25, we opened 460 service touchpoints under ARENA and NEXA channels, and in FY 2025-26, we plan to add a total of 500 service workshops to our network," Maruti Suzuki MD and CEO Hisashi Takeuchi said in a statement.

Its sales bookings, or pre-sales, stood at ₹254 crore in the year-ago period.

During the first half of this fiscal year, the sales bookings rose 48% to ₹828 crore from ₹560 crore in the corresponding period of the preceding financial year, the company said in a regulatory filing.

Mumbai-based Ajmera Realty & Infra India is one of the leading developers in the country.