Stocks To Watch Today, Feb 12: LG Electronics, Lenskart, M&M, Ather Energy, Federal Bank and others

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Stocks To Watch Today

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Stocks to watch today: Stocks to watch today include a mix of companies reporting Q3 results and firms announcing key corporate developments, keeping several counters firmly among the stocks in focus today. From sharp profit swings and revenue movements in quarterly earnings to stake sales, regulatory approvals, and strategic investments, the latest updates are likely to drive stock-specific action in today’s trade.

Investors tracking Q3 earnings season, bulk deals, government stake sales, and major business announcements may see heightened activity in these names as markets react to the fresh triggers.

Here is a list of stocks in focus today:

Quarterly Result Snapshot

CompanyProfit (Rs crore) Profit ChangeRevenue (Rs crore)Revenue Change
LG Electronics India89.7 vs 233.5-61.6%4,114.4 vs 4,395.5-6.4%
Lenskart Solutions131.03 vs 1.856,782.7%2,307.7 vs 1,668.8+38.3%
Amara Raja Energy & Mobility140.2 vs 298.4-53%3,410.2 vs 3,272.5+4.2%
AstraZeneca Pharma32.6 vs 30.85+5.6%611.6 vs 440.3+38.9%
Concord Biotech64.5 vs 75.9-15.1%277.8 vs 244.2+13.7%
NOCIL9.25 vs 12.9-28.3%315.8 vs 318.1-0.7%
IRCON International99.85 vs 86.1+16%2,119 vs 2,612.9-18.9%
Godrej Industries204.6 vs 188.2+8.7%5,051.2 vs 4,824.8+4.7%
Orkla India56.6 vs 65.9-14%636.1 vs 615.3+3.4%
Yatra Online8.3 vs 10.01-16.7%256.8 vs 235.3+9.2%
Mahindra & Mahindra Ltd5,021.47 vs 3,624.48+38.54%51,579.95 vs 41,464.98+24.39%

Aditya Birla Capital

Joe & Juice to Enter India

Aditya Birla Group on Wednesday announced that it is bringing Danish café chain ‘Joe & Juice’ to India.

Silverline Technologies

UAE Firm Shows Interest in 20 per cent Stake

UAE-based Trueledger Technologies FZE has expressed interest in making a strategic investment of up to a 20% stake in Silverline Technologies, according to a regulatory filing on Wednesday.

Investors Acquire 1.92 per cent Stake

Morgan Stanley, Goldman Sachs, Societe Generale, and Abu Dhabi Investment Authority, among others, collectively purchased a 1.92 per cent stake in Ather Energy from the National Investment and Infrastructure Fund for nearly Rs 521 crore through open market transactions on Wednesday.

Added to Notified Bank List

The Andhra Pradesh government has officially included AU Small Finance Bank Ltd in the list of notified banks to maintain accounts and manage funds of various government departments and offices, PTI reported.

TIAA Fund Sells 1.78 per cent Stake

TIAA-CREF Funds’ TIAA CREF Emerging Markets Equity Index Fund, managed by Teachers Advisors (an affiliate of Nuveen), sold 87.3 lakh shares, representing a 1.78 per cent stake, in Sterlite Technologies at Rs 144.81 per share. The transaction amounted to Rs 126.4 crore.

BHEL

Government Stake Sale Subscribed Over Two Times

The government’s stake sale in BHEL was subscribed more than two times on Wednesday, with institutional investors placing bids worth over Rs 5,650 crore on the first day of the sale.

Launches AI-Based Fraud Alert

Airtel on Wednesday unveiled ‘Fraud Alert,’ an AI-powered solution aimed at providing real-time protection to customers against OTP-related bank frauds.

RBI Approves Stake Acquisition

The Reserve Bank of India has approved ICICI Prudential Asset Management Company, along with group entities of ICICI Bank, to acquire up to a 9.95 per cent stake in Federal Bank.

Stock Market on Wednesday, February 11

Indian stock market indices Sensex and Nifty 50 remained in a range today (Tuesday, February 11) and ended almost unchanged. The NSE Nifty managed to cross the 26,000-mark in intraday and make a high of 26,009.40. It added just 18.70 points or 0.072 per cent to end at 25,953.85.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)

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