Stocks To Watch Today on November 08, 2024: NHPC, SAIL, ITD Cementation, Astral, Emami, RVNL and More Will be in Focus

The Indian benchmark indices Sensex and Nifty 50, are expected to open flat on Friday, November 08, 2024, amid positive global cues. Check out a few stocks that will be in focus during the trading session.

• NHPC

NHPC released its Q2FY25 results, in which it posted a 41.2% drop in profit while its revenue rose 4.1% to ₹3,051.9 crore.

• SAIL 

Steel Authority of India (SAIL) announced Q2 FY25 results, which recorded a 17% and 31.3% drop in revenue and profit to ₹24,675.2 crore and ₹897.2 crore, respectively.

• ITD Cementation

ITD Cementation announced Q2 FY25 results in which it posted a 34.4% growth in profit while its revenue rose 23.6% to ₹1,990.9 crore.

• Wipro

Wipro announced the launch of the Google Gemini Experience Zone to accelerate AI-driven innovation for enterprises.

• Embassy REIT

Embassy REIT has appointed Ritwik Bhattacharjee as its interim CEO. Bhattacharjee, who last held the position of Chief Investment Officer at the company, has been associated with the REIT since its listing and was a founding member of the team that helped list Embassy REIT in 2019.

There are also other companies such as Astral, Emami, RVNL, Emcure Pharmaceuticals, Lupin, and Indian Hotels Company that will be in focus on the back of Q2 FY25 earnings.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.