Kolkata: The next week is going to be important for the stock market. There are a few triggers for the investors such as the monetary policy announcements by the RBI, the emerging contours of the trade deal with the US, Q3FY26 financial results of several significant companies and corporate developments. The impact of all these developments could be seen in the market movement from tomorrow (Feb 9).
Q3 results expected next week
A few prominent companies will announce their Dec quarter financial results. These are Titan Company, Mahindra & Mahindra (M&M), Hindustan Unilever (HUL), ONGC, Hindustan Aeronautics (HAL), Eicher Motors, Lenskart Solutions etc. Stock movements will be significantly seen based on their results.
Corporate actions on these stocks
Investors will keep a close eye on stocks such as Bharat Dynamics (BDL), MRF, Hero MotoCorp, Cummins India, Rail Vikas Nigam (RVNL), Mazagon Dock Shipbuilders, CONCOR, and Power Grid. The reason: the impact of dividends, bonuses or other corporate actions may be visible on these counters. In excess of 40 companies are going to give dividends next week.
Reliance Industries: Reliance Industries has informed the bourses that its subsidiary Reliance Consumer Products has acquired a majority stake in the Australian ‘Better-For-You’ beverage company Goodness Group Global. This move takes Reliance formally into the Australian market.
State Bank of India: SBI delivered a strong performance in the December quarter, nothing up the highest profit in any quarter in this period. The bank’s net profit increased 24% year-on-year to Rs 21,028 crore, compared to Rs 16,891 crore in the same period last year.
Tata Steel: Tata Steel showed a tremendous surge in the December quarter. The company’s net profit increased by 723% year-on-year to Rs 2,688.7 crore, compared to just Rs 326.64 crore in the same quarter last year.
Kalyan Jewellers India: Jewelry retailer Kalyan Jewellers’ consolidated net profit increased by 90% year-on-year to Rs 416.3 crore in the December quarter.
BEML: BEML has approved the setting up of a new manufacturing unit in Madhya Pradesh. The company will invest approximately Rs 1,500 crore. This greenfield rail manufacturing plant, named ‘BRAHMA’, will be established in Umaria near Bhopal.
Kotak Mahindra Bank, IDBI Bank: Kotak Mahindra Bank has clarified that it has not submitted a financial bid in the disinvestment process of IDBI Bank. This news may impact the share prices of both banks.
Bosch India: Bosch India’s net profit in the December quarter increased by 16.1% year-on-year to Rs 532 crore, compared to Rs 458 crore in the same quarter last year.
Shree Cement: Shree Cement recorded a consolidated profit of Rs 268 crore in the December quarter, a 38% year-on-year increase. The company benefited from premium products and operational efficiency, although volume growth remained limited.
Crompton Greaves Consumer Electricals: The quarterly results were a bit weak. Consolidated net profit decreased by 9.75% to Rs 101 crore in the December quarter.
Ipca Laboratories: Ipca Labs has received relief on the regulatory front. The US FDA has granted the company’s Tarapur API plant VAI (Voluntary Action Indicated) status, indicating compliance with minimum standards.
JK Tyre & Industries: JK Tyre’s profit quadrupled in the December quarter to Rs 207 crore. The company’s revenue also increased by 15% year-on-year to Rs 4,223 crore.
Atul Auto: Atul Auto also delivered a strong performance. The company’s net profit increased by 98% year-on-year to Rs 15 crore, compared to Rs 8 crore in the same quarter last year.
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