A range of stocks is grabbing attention today following quarterly results, fund-raising initiatives, and strategic updates. Here’s a roundup:
- ICICI Bank: Posted mixed Q3 results as business momentum weakened, though return ratios remained steady.
- JSW Steel: Reported Q3 results above expectations, highlighting a strong recovery in its Indian subsidiaries.
- HCLTech: Joined Salesforce as an AgentForce partner to drive Agentic AI innovation.
- DLF: Recorded its highest-ever quarterly new sales bookings, with collections up 23% YoY.
- Adani Power: Approved fund-raising via NCDs worth ₹11,000 crore and plans to raise ₹5,000 crore through QIP and share issuance.
- Macrotech Developers: Achieved a 32% YoY growth in Q3 pre-sales and reduced debt by ₹610 crore.
- IndiGo: Reported earnings in line with expectations (excluding forex impact), with Q4 ASK guidance at 20% YoY growth.
- NTPC: Delivered muted Q3 results, with slow capacity addition impacting overall performance.
Disclaimer:
The above article is for informational purposes only. Please consult your financial advisor before making any investment decisions. Business Upturn does not recommend buying or selling any stock.