Stocks to watch today: L&T, IRFC, Bank of Baroda, ONGC & more; check list

Q1 results today: IRFC, Bajaj Hindustan Sugar Ltd, Vodafone Idea, Hudco, Balrampur Chini Mills Limited, Voltas, SJVN Limited and Cera Sanitaryware, among others.

Larsen & Toubro: L&T Semiconductor Technologies Ltd, a wholly owned subsidiary of L&T, has completed the acquisition of a 100% stake in SiliConch Systems Private Ltd.

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Kotak Mahindra Bank: The private lender has acquired 30 lakh equity shares of ₹100 face value each of Open Network for Digital Commerce (ONDC) for ₹30 crore. "The Bank's current shareholding in ONDC is 5.10% of the current paid-up equity share capital of ONDC," according to an exchange filing.

Trent: Tata Group retail firm Trent Ltd posted a two-fold jump in consolidated net profit to ₹391.2 crore for Q1 FY25. The company had reported a net profit of ₹166.6 crore for the quarter ended June 2024.

Bank of Baroda: The public sector lender has increased lending rates by five basis points (bps) on its three-month, six-month, and one-year tenures.

ONGC: The Oil and Natural Gas Corporation (ONGC) has received a green light from the government for infusion of additional equity capital up to ₹10,501 crore in ONGC Petro additions Ltd (OPaL), conversion of back stopped Compulsorily Convertible Debentures (CCDs) valued ₹7,778 crore, and balance payment of ₹86 crore concerning share warrants, totalling ₹18,365 crore. "This will change the status of OPaL into subsidiary of ONGC with 95.69% equity stake," the company said.