Stocks To Watch Today on February 4, 2025: Tata Chemicals, Mahanagar Gas and More

On Tuesday, February 4, 2025, the Indian benchmark indices Sensex and Nifty 50 are likely to open in green. Check out a few stocks that might be in focus during the trading session.

• Tata Chemicals

Tata Chemicals reported a net loss of ₹21 crore for the third quarter ending December 31, 2024, compared to a net profit of ₹194 crore during the same period last year. The loss includes an exceptional charge of ₹70 crore.

• Mahanagar Gas

Mahanagar Gas has finalised its investment in International Battery Company India Pvt Ltd, securing a 44% stake. The total investment made in IBC India was ₹35.36 crore.

• Garden Reach Shipbuilders

Garden Reach Shipbuilders, a government-owned company, released its December quarter results. The company’s revenue rose by 37% from the same quarter last year, amounting to ₹1,271 crore, while its net profit grew by 12%, reaching ₹98 crore.

• Welspun Enterprises

Welspun Enterprises reported a 13.4% decline in net profit year-on-year (YoY), amounting to ₹77.5 crore for Q3 FY25. Revenue from operations increased by 22.7%, reaching ₹866.9 crore, up from ₹706.7 crore a year earlier.

• Gland Pharma

Gland Pharma Ltd reported a 6.7% year-on-year (YoY) rise in net profit, reaching ₹204.7 crore for the third quarter ending December 31, 2024. This compares to a net profit of ₹191.9 crore in the same quarter of the previous year. However, revenue from operations declined by 10.4%, falling to ₹1,384 crore from ₹1,545.2 crore a year ago.

• KEC International

KEC International, an infrastructure company, reported a 33.8% year-on-year (YoY) increase in net profit, reaching ₹129.6 crore for Q3 FY25. The company’s revenue from operations grew by 6.8%, amounting to ₹5,349.4 crore, compared to ₹5,006.7 crore during the corresponding period of the previous year.

• Bombay Dyeing

Bombay Dyeing reported a 12.6% growth in revenue for Q3 FY25, with sales reaching ₹414.8 crore, up from ₹369.2 crore in the same quarter last year. The company achieved a positive EBITDA of ₹15.9 crore, compared to a loss of ₹24.2 crore in Q3 FY24

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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