Stocks to Watch Today, November 3: Several stocks are likely to remain in focus during Tuesday’s trading session following quarterly earnings announcements, business developments and corporate updates.
ITC, Amara Raja Energy & Mobility, Marico and Devyani International will be watched after reporting their Q2 FY27 results. NBCC is in focus after signing a Rs 2,000 crore projects MoU with the Bihar government, while Jupiter Wagons secured orders worth over Rs 324 crore. Dr Reddy’s Laboratories received tentative USFDA approval for an HIV prevention drug. Meanwhile, Bajaj Auto, NALCO, Larsen & Toubro and Bank of India are also among the stocks to watch today.
Stocks to Watch Today
Here’s the list of stocks to watch in today’s trading session:
| Stocks in focus | Why in focus |
| ITC | Q2 net profit falls 18.45% to Rs 4,229 crore |
| Amara Raja Energy & Mobility | Q2 profit declines 44.8%; battery expansion plans |
| NBCC | Signs Rs 2,000 crore projects MoU with Bihar government |
| NALCO | Q2 net profit rises 28.3% to Rs 1,835 crore |
| Tata Investment | Q2 revenue declines 20.6% to Rs 122.30 crore |
| Dr Reddy’s Laboratories | Gets tentative USFDA approval for HIV prevention drug |
| Jupiter Wagons | Secures orders worth over Rs 324 crore |
| Sri Lotus Developers | Promoter to sell up to 2.38 crore shares |
| Bank of India | Revises FD rates; offers up to 7.5% interest |
| Marico | Q2 net profit jumps 29.16% to Rs 558 crore |
| Devyani International | Returns to profit in Q2; revenue rises 10.36% |
| Larsen & Toubro | Secures significant construction orders |
| Bajaj Auto | October sales jump 14% to 5.91 lakh units |
ITC
Q2 profit falls 18.45%
ITC ‘s consolidated net profit fell to Rs 4,229 crore in the second quarter of FY27. Net revenue rose 5% to Rs 20,454 crore from Rs 19,455 crore a year earlier.
Amara Raja Energy & Mobility
Q2 profit declines 44.8%
Amara Raja Energy & Mobility reported a 44.8 per cent decline in Q2 profit due to higher costs. The company plans to launch a battery services subsidiary and expand manufacturing.
Signs Rs 2,000 crore Bihar projects MoU
NBCC signed an MoU with the Bihar government to develop four residential and commercial projects in Patna, estimated to cost Rs 2,000 crore.
NALCO
Q2 net profit rises 28.3%
NALCO reported a 28.3 per cent year-on-year increase in Q2 consolidated net profit to Rs 1,835 crore. Revenue from operations stood at Rs 5,419.44 crore.
Q2 revenue declines 20.6%
Tata Investment reported a 20.6 per cent year-on-year decline in consolidated revenue from operations to Rs 122.30 crore in Q2 FY27.
Gets USFDA nod for HIV prevention drug
Dr Reddy’s Laboratories received tentative approval from the US health regulator for injectable lenacapavir, used to reduce the risk of HIV-1 infection.
Secures orders worth Rs 324 crore
Jupiter Wagons secured private sector orders worth over Rs 324 crore for ACT2 automobile carrier wagons from GATX India and Chetak International.
Promoter to sell up to 2.38 crore shares
Sri Lotus Developers said one of its promoters will sell up to 2.38 crore shares through stock exchanges to meet minimum public shareholding norms.
Revises fixed deposit rates
Bank of India revised its fixed deposit rates, offering interest of up to 7.5 per cent to super senior citizens under its new 500-day Star Akshay FD scheme.
Marico
Q2 net profit jumps 29.16%
Marico reported a 29.16 per cent year-on-year rise in Q2 FY27 consolidated net profit to Rs 558 crore. Revenue increased 12.95 per cent to Rs 3,897 crore.
Returns to profit in Q2
Devyani International reported a net profit of Rs 3.46 crore in Q2 FY27, against a loss last year. Revenue rose 10.36 per cent to Rs 1,519.42 crore.
Secures significant construction orders
Larsen & Toubro secured significant orders for new construction projects, including high-rise residential towers in Mumbai and Bengaluru.
October sales jump 14%
Bajaj Auto reported a 14 per cent year-on-year increase in October wholesales to 5,91,876 units, with both two-wheeler and commercial vehicle segments recording double-digit growth.
(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.)