Markets are set to focus on major investments, acquisitions, earnings reports, and regulatory actions as several companies made key announcements. Here’s a look at the top stocks in focus for February 11, 2025:
Major Investments & Acquisitions
Aditya Birla Capital Limited (ABCL): The company announced an investment of ₹100 crore in the equity shares of Aditya Birla Capital Digital Limited (ABCDL). Despite this investment, the shareholding structure remains unchanged, and ABCDL will continue as a wholly-owned subsidiary.
Chalet Hotels: The board has approved the acquisition of Mahananda Spa and Resorts, a subsidiary of Mankind Pharma Limited, which owns The Westin Resort & Spa.
SBFC Finance: The company secured a ₹4,000 million investment from British International Investment (BII) to provide financing support for low-income MSMEs and women borrowers.
Samhi Hotels: The company has acquired a 100% stake in Duet India Hotels, which owns 116 rooms at Four Points by Sheraton, Chennai OMR, for an enterprise value of ₹53 million.
CWD Limited: The board has approved the issuance of 5,39,925 equity shares on a preferential basis.
Order Wins & Regulatory Actions
Shriram Properties: The company has signed a Joint Development Agreement (JDA) for a 3.2 lakh sq. ft. project at Koyambedu, Chennai, to be developed over the next three years.
BGR Energy: The CGST department in Mumbai has issued an order to recover ₹20.39 crore due to alleged excess tax collection. The company has stated this will not significantly impact operations and intends to appeal.
Rana Sugar: The company confirmed that Income Tax authorities conducted a search at its premises from February 6 to February 10, during which all electronic devices were seized.
Pharma & Aerospace Developments
Lupin: The company received USFDA approval for its Ipratropium Bromide Nasal Solution, a generic drug for treating nasal congestion. The product will be manufactured at Lupin’s Pithampur facility in India.
Dynamatic Technologies: The company has signed a strategic partnership with Deutsche Aircraft at Aero India 2025 in Bangalore to strengthen aerospace manufacturing capabilities.
Leadership Changes
Eicher Motors: The company announced Siddhartha Lal as the new Executive Chairman, following the retirement of Chairman S. Sandilya. Vinod Aggarwal has been appointed Vice Chairman (Non-Executive), while B. Govindarajan will serve as Managing Director.
Q3 Earnings Highlights
Grasim Industries: Reported a net loss of ₹168.7 crore, while revenue stood at ₹8,120.3 crore.
Bata India: Posted a 1.2% YoY increase in net profit to ₹58.7 crore, while revenue grew 1.7% YoY to ₹918.8 crore.
Ashoka Buildcon: Net profit surged 580% YoY to ₹655 crore, despite a 10% decline in revenue to ₹2,388 crore.
Honda India: Net profit fell 33% YoY to ₹19.09 crore, with revenue declining 22% to ₹204.18 crore.
Eicher Motors: Reported an 18% YoY rise in net profit to ₹1,171 crore, with revenue increasing 19% YoY to ₹4,973.12 crore.
MTAR Technologies: Net profit surged 53% YoY to ₹15.96 crore, while revenue jumped 47% YoY to ₹174.46 crore.
Avanti Feeds: Net profit grew 87% YoY to ₹135 crore, with revenue rising 9% YoY to ₹1,366 crore.
Nykaa: The beauty and fashion retailer reported a 51% YoY increase in net profit to ₹26 crore, while revenue rose 27% YoY to ₹2,267 crore.
Disclaimer: This article is for informational purposes only and should not be considered investment advice. Investors are advised to conduct their own research before making any financial decisions.
