Tata Motors, Titan, Zomato, Suzlon Energy, IndiGo, and Other Stocks to Monitor

Stocks to Monitor November 3: The GFT Nifty on the NSE IX down 13.5 points, or 0.07 percent, to 19,346.5, indicating that Dalal Street will likely have a poor start to the week. These are a number of equities that will be watched closely today for different reasons.

Titan, Zomato, JSW Infra, MRF, Escorts Kubota, Bharat Dynamics, Indigo Paints, Shipping Corp, and MSTC are among the companies that reported their Q2 results today.

Suzlon Energy: Thanks to better operational performance, Suzlon Energy recorded a 79% increase in net profit for the quarter that ended in September, reaching Rs 102 crore.

Tata Motors: Compared to a net loss of Rs 944 crore during the same time last year, Tata Motors reported a consolidated net profit of Rs 3,764 crore for Q2FY24. Operating sales for the firm increased 32% YoY to exceed Rs 1.05 trillion.

Adani Green: According to Bloomberg, the renewable energy company is in negotiations to borrow up to $1.8 billion with a consortium of international lenders.

IEX: The company reported a consolidated net profit for the September quarter of Rs 86.46 crore, an increase of more than 21% YoY. Revenue reached Rs 109 crore, up 14% YoY.

Adani Enterprises: It revealed that its Q2 earnings dropped by 50% YoY to Rs 228 crore. Additionally, net sales fell 41% to Rs 22,517 crore.

Concor: In Q2FY24, its consolidated net profit increased by 22% YoY to Rs 481.76 crore. Revenue reached Rs 2,195 crore, up 10.5% YoY.

Tatva Chintan Pharma: Consolidated profit increased to Rs 7.8 crore, or 9.4% YoY. In Q2FY24, revenue increased by 7.3% to Rs 96.7 crore.

Gujarat Gas: The company reported a 26% decrease in Q2 earnings to Rs 298 crore from Rs 404 crore in the same period last year. Revenue dropped by more than 2% to Rs 3,991 crore.