Stocks to Watch for November 3: ITC, CONCOR, Marico, Petronet LNG, and more


Petronet LNG, Marico, CONCOR, Granules India, PTC India and GSFC are among the stocks likely to be in focus on Tuesday after reporting their September…

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Petronet LNG |  The firm reported a 9.1% quarter-on-quarter increase in standalone net profit to ₹1,235.4 crore for the second quarter of FY27, up from ₹1,132 crore in the previous quarter.  Revenue from operations rose 29.6% sequentially to ₹7,200 crore from ₹5,554 crore in the preceding quarter. EBITDA increased 8.6% to ₹1,663 crore, compared with ₹1,532 crore in the previous quarter. EBITDA margin, however, narrowed to 23% from 28%.

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Marico |  Consolidated net profit rose 29.2% year-on-year to ₹558 crore, against ₹432 crore in the year-ago quarter. This was higher than the CNBC-TV18 poll estimate of ₹533 crore. Revenue grew 13% to ₹3,897 crore from ₹3,450 crore, but missed the poll estimate of ₹4,048 crore. EBITDA increased 26.6% to ₹709 crore, compared with ₹560 crore a year ago, beating the estimate of ₹699 crore. The EBITDA margin expanded to 18% from 16% in the corresponding quarter last year, also ahead of the poll estimate of 17.3%.

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Container Corporation of India | CONCOR reported a subdued performance for the September quarter, with net profit declining 6.8% year-on-year to ₹353 crore. The company had reported a net profit of ₹379 crore in the corresponding quarter last year. Revenue from operations rose marginally by 1% to ₹2,379 crore from ₹2,355 crore a year ago. EBITDA declined 4.5% to ₹550 crore, compared with ₹576 crore in the year-ago period. EBITDA margin contracted to 23% from 25% a year earlier.

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Granules India Ltd | Drug firm reported a 39.2% year-on-year (YoY) increase in consolidated net profit to ₹182 crore for the second quarter, compared with ₹131 crore in the corresponding period last year. Revenue from operations rose 20.3% to ₹1,560 crore from ₹1,297 crore a year ago. EBITDA increased 21.3% YoY to ₹337.4 crore, compared with ₹278.1 crore in the year-ago quarter. The EBITDA margin improved to 21.6% from 21.4% in the corresponding quarter last year.

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PTC India | Firm reported a 24.8% year-on-year decline in net profit to ₹143.68 crore for the second quarter of FY27, compared with ₹191 crore in the corresponding quarter last year. Revenue rose 6.5% year-on-year to ₹5,812 crore from ₹5,458 crore in the year-ago period. EBITDA fell 48.1% to ₹142.8 crore, compared with ₹275.4 crore a year earlier.

Deepak Fertilisers share price

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Gujarat State Fertilizers & Chemicals Ltd | GSFC  reported a 38.2% year-on-year (YoY) decline in net profit to ₹200.2 crore for the second quarter, compared with ₹324.1 crore in the corresponding period last year. Revenue from operations increased 48.8% YoY to ₹4,741 crore from ₹3,187 crore in the year-ago quarter.

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IDBI Bank | Its employees and officers have begun a two-day nationwide strike on November 2, stepping up their opposition to the proposed sale of a controlling stake in the lender to Canada’s Fairfax Financial Holdings. The protest is scheduled across IDBI Bank branches and offices on November 2 and 3.



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