CNBC-TV18's top stocks to watch out for on February 15

SUMMARY

The Indian market is likely to open higher on Monday following gains in Asian peers amid positive global cues. At 7:00 am, the SGX Nifty was trading 74.50 points or 0.49 percent higher at 15,232.50, indicating a positive start for the Sensex and Nifty50.

By CNBC-TV18Feb 15, 2021 7:32:56 AM IST (Published)

Bharti Airtel | The company said its board will meet on Feb 17 to discuss the future strategic plans and reorganisation of the shareholding framework of the subsidiary companies.

Tata Motors | The company has appointed Marc Llistosella as Chief Executive Officer and Managing Director effective 1st July 2021.

ONGC | The company’s Q3FY21 net profit fell 52.1 percent to Rs 1,378 crore from Rs 2,878 crore, while revenue declined to Rs 17,023.8 crore from Rs 17,148 crore, QoQ.

Vodafone Idea | The company reported narrowing of consolidated loss to Rs 4,532.1 crore in Q3FY21 from Rs 6,438.8 crore, YoY. The average revenue per user (ARPU) improved to Rs 121 from Rs 119, QoQ.

Lupin | Baltimore-based Lupin Pharmaceuticals Inc, an arm of Lupin, is recalling 46,479 bottles of anti-viral medication Oseltamivir Phosphate for Oral Suspension in the American market.

Aurobindo Pharma | The company’s East Windsor-based unit AuroMedics Pharma LLC is recalling 3,094 cartons of Acetaminophen injection in the American market.

Glenmark Pharmaceuticals | The company’s net profit in Q3FY21 rose 30.1 percent to Rs 248 crore from Rs 191 crore, while revenue increased 1.9 percent to Rs 2,787 crore from Rs 2,735.5 crore, YoY.

Indiabulls Housing Finance | The company’s net profit in Q3 FY21 rose 20.5 percent to Rs 329 crore from Rs 273 crore, while net interest income increased 10.7 percent to Rs 809 crore from Rs 731 crore, YoY.

Siemens | The company’s Q3FY21 consolidated net profit rose 11.2 percent to Rs 295.5 crore from 265.8 crore, while revenue increased 15.3 percent to Rs 2,925.5 crore from Rs 2,537 crore, YoY.

Godfrey Phillips India | The company’s Q3FY21 consolidated net profit increased 8.09 percent to Rs 123.10 crore from Rs 113.89 crore. The company approved the voluntary winding up of its wholly-owned subsidiary Flavors & More Inc. based in the US.

DHFL | The company posted a consolidated net loss of Rs 13,095.38 crore in Q3FY20 as against a net profit of Rs 934.31 crore, YoY. Sequentially, net loss widened from Rs 2,122.65 crore.

Srei Infrastructure Finance | The company posted a consolidated net loss of Rs 3,810 crore in Q3FY21 on account of higher and accelerated provisioning as a prudent measure. The company had reported a net profit of Rs 60 crore in the year-ago period.

Sterling and Wilson Solar | The company has bagged an order worth Rs 930 crore in Egypt from Saudi Arabia’s leading renewable energy company and is scheduled to be commissioned by the first quarter of 2022.

Sunteck Realty | The company’s Q3FY21 net profit declined 12 percent to Rs 22 crore from Rs 25 crore, while revenue rose 20 percent to Rs 205 crore from Rs 171 crore, YoY.

Mazagon Dock Shipbuilders | The company’s Q3FY21 net profit fell 32.3 percent to Rs 141.4 crore from Rs 208.7 crore, while revenue declined 19.3 percent to Rs 1,461.1 crore from Rs 1,810.9 crore, YoY.

Edelweiss Financial Services | The company reported a consolidated net loss of Rs 63 crore in Q3FY21 as against a net profit of Rs 35.32 crore, YoY. Revenue fell 17.2 percent YoY to Rs 2,191.34 crore.