Shares to Watch: Hindalco, Financial institution of Baroda, HCC, Nazara Tech, Religare Enterprises, and extra

Right here’s a fast have a look at shares prone to be in focus in as we speak’s commerce.

Hindalco Industries reported a 60 p.c development in its December quarter consolidated web revenue to ₹3,735 crore in comparison with ₹2,331 crore in the identical interval final 12 months. Income from operations in Q3FY25 stood at ₹58,390 crore, marking an 11 p.c improve from ₹52,808 crore reported within the year-ago quarter. The corporate posted a record-high aluminium upstream EBITDA of ₹4,222 crore, a 73 p.c improve, with an EBITDA margin of 42 p.c. 

Financial institution of Baroda‘s board permitted elevating funds amounting to ₹8,500 crore throughout its assembly on February 13. The financial institution plans to lift capital by a Certified Institutional Placement (QIP) or different modes, topic to regulatory approvals. The lender acknowledged in an alternate submitting that it goals to lift as much as ₹8,500 crore by way of frequent fairness capital by varied modes, together with QIP, in appropriate tranches as much as March 2028 and past as required.

Shriram Finance raised roughly USD 500 million ( ₹4,300 crore) by Exterior Business Borrowing (ECB) to assist enterprise development. This transaction represents the biggest SACE-covered mortgage facility raised by an NBFC in India, reinforcing SFL’s management in offshore fundraising and its capacity to diversify funding sources strategically.

Titagarh Rail Programs reported a 16 p.c year-on-year decline in web revenue to ₹62.8 crore for the third quarter ending December 31, 2024, in comparison with ₹74.8 crore in the identical interval final fiscal. Income from operations declined 5.5 p.c to ₹902.2 crore from ₹954.7 crore reported within the corresponding quarter of the previous fiscal.

Nazara Applied sciences posted a 53.6 p.c year-on-year decline in web revenue at ₹13.7 crore for Q3FY25 in comparison with ₹29.5 crore within the year-ago quarter. Nonetheless, income from operations surged 66.9 p.c to ₹534.7 crore from ₹320.4 crore reported within the corresponding interval final 12 months.

Piramal Enterprises permitted the issuance of secured, rated, listed, and redeemable non-convertible debentures (NCDs) value as much as ₹450 crore on a personal placement foundation. The issuance includes a base concern dimension of ₹75 crore, with a inexperienced shoe choice to retain oversubscription as much as ₹375 crore, aggregating to ₹450 crore. The NCDs carry an annual coupon price of 9.10 p.c, with curiosity paid yearly and on the redemption date. The debentures could have a tenure of roughly 10 years, maturing on February 23, 2035, and can be listed on the Wholesale Debt Market (WDM) phase of the NSE.

Religare Enterprises appointed Praveen Kumar Tripathi, a Non-Government Impartial Director, because the Chairperson of the corporate till June 30, 2025. The board permitted the appointment at its assembly on February 11, 2025. The corporate will appoint administrators as chairpersons on a rotational foundation, with every holding workplace for a calendar quarter. Tripathi is the primary to imagine the position below this technique, with the board set to find out the order of future appointments.

Manappuram Finance posted a web revenue of ₹453.4 crore in Q3FY25, marking a 5.8 p.c improve from ₹428.6 crore in the identical interval final 12 months. The corporate’s web curiosity earnings (NII) rose 13.7 p.c year-on-year to ₹1,160.9 crore from ₹1,021.2 crore in Q3FY24. Alongside its earnings, Manappuram Finance introduced plans to lift as much as USD 2 billion below its International Medium-Time period Word (GMTN) programme, aimed toward enhancing its funding flexibility and development prospects.

Hindustan Building Firm (HCC) reported a consolidated web lack of ₹38.92 crore in Q3FY25, primarily as a consequence of a change within the tax regime. Within the corresponding quarter final 12 months, the corporate posted a web lack of ₹233.22 crore. Complete earnings in Q3FY25 declined to ₹1,066.16 crore from ₹1,512.37 crore within the year-ago interval.

Godfrey Phillips India posted a 48.7 p.c year-on-year improve in web revenue at ₹315.9 crore for the third quarter ending December 31, 2024, in comparison with ₹212.4 crore within the corresponding quarter of the earlier fiscal. Income from operations surged 27.3 p.c to ₹1,591.2 crore from ₹1,249.6 crore in the identical interval final 12 months.

Mahindra Lifespace Builders introduced plans to lift as much as ₹1,500 crore by a rights concern. The corporate will finalize the report date quickly. The Board has licensed the Rights Subject Committee to proceed with the rights concern and decide phrases and situations, together with concern value, rights entitlement ratio, report date, timing, and phrases of cost.

Deepak Nitrite reported a pointy 51.5 p.c year-on-year decline in web revenue for Q3FY25 at ₹98 crore, in comparison with ₹202 crore within the corresponding interval final 12 months. The weak efficiency was pushed by decrease gross sales and a major drop in working margins. Income fell 5.3 p.c year-on-year to ₹1,903.4 crore from ₹2,009.2 crore, reflecting softer demand in key segments.

United Breweries posted a 54.9 p.c year-on-year decline in web revenue at ₹38.3 crore for Q3FY25, down from ₹84.9 crore within the year-ago quarter. The decline was partly as a consequence of an distinctive lack of ₹25.8 crore. Nonetheless, income rose 9.6 p.c year-on-year to ₹1,998.4 crore from ₹1,822.7 crore, pushed by increased gross sales volumes and an improved product combine.

KNR Constructions posted a 78.1 p.c year-on-year improve in web revenue at ₹248.6 crore for Q3FY25, in comparison with ₹139.6 crore in the identical interval final 12 months. Nonetheless, income from operations declined 14.9 p.c to ₹848 crore from ₹996 crore within the corresponding interval final fiscal.

ITI Ltd reported a web lack of ₹48.9 crore for Q3FY25, in comparison with a web lack of ₹101.3 crore within the year-ago quarter. Income from operations surged 299.73 p.c to ₹1,034.5 crore from ₹258.8 crore within the corresponding quarter final 12 months, pushed by robust operational efficiency regardless of elevated uncooked materials prices.

Carborundum Common reported a 68.8 p.c year-on-year decline in web revenue at ₹34.7 crore for Q3FY25, down from ₹111.3 crore in the identical interval final 12 months. Nonetheless, income from operations rose 9 p.c year-on-year to ₹1,255.5 crore from ₹1,151.4 crore within the corresponding interval of the previous fiscal.