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Stocks in the news Adani Power: The Adani Group company has recorded more than 300-fold jump in consolidated net profit to Rs 2,738 crore for quarter ended December FY24, compared to Rs 8.8 crore in the year-ago period, backed by healthy topline and operating numbers. Consolidated revenue from operations grew by 67.3 percent year-on-year to Rs 12,991.4 crore. SBI Cards and Payment Services: The credit card issuing company has recorded a 7.8 percent on-year growth in profit at Rs 549 crore for October-December FY24, partly impacted by higher impairment on financial instruments. Revenue from operations for the quarter surged 31.8 percent to Rs 4,622 crore compared to year-ago period. Tata Technologies: The global engineering services company has registered a 14.7 percent year-on-year growth in consolidated profit at Rs 170.22 crore for quarter ended December FY24. Revenue from operations also grew by 14.7 percent to Rs 1,289.5 crore compared to year-ago period. Vedanta: The mining company has reported an 18.3 percent on-year decline in profit at Rs 2,013 crore for the third quarter of FY24 despite healthy operating numbers, impacted partly by finance cost. It had an exceptional gain of Rs 903 crore in Q3FY23. Revenue from operations grew by 4.2 percent YoY to Rs 35,541 crore for the quarter. SJVN: The company has secured full quoted capacity of 100 MW solar power project through eReverse Auction conducted by Gujarat Urja Vikas Nigam (GUVNL).

Results on January 29 ITC, Bajaj Finance, NTPC, GAIL (India), Bharat Petroleum Corporation, Vodafone Idea, Aditya Birla Sun Life AMC, Adani Green Energy, Marico, Bharat Electronics, CSB Bank, Mahindra Logistics, Muthoot Microfin, Nippon Life India Asset Management, Nuvoco Vistas Corporation, Piramal Enterprises, Petronet LNG, Restaurant Brands Asia, R R Kabel, UTI AMC .

Stocks in the news Axis Bank: The private sector lender recorded a 3.7 percent on-year growth in net profit at Rs 6,071.1 crore for the quarter ended December FY24, with stable asset quality. Net interest income during the quarter grew by 9.4 percent to Rs 12,532 crore compared to year-ago period. Mahanagar Gas: The natural gas distribution company registered a 84.33 percent on-year growth in consolidated net profit at Rs 317.2 crore for October-December FY24 quarter on lower cost of natural gas and traded items. Revenue from operations (excluding excise duty) fell 6.1 percent year-on-year to Rs 1,568.8 crore for the quarter. United Spirits: The alcoholic beverage company recorded a 63.5 percent on-year growth in consolidated net profit at Rs 350.2 crore for quarter ended December FY24, driven by healthy operating margin performance. Consolidated revenue from operations in Q3FY24 grew by eight percent to Rs 3,002 crore compared to year-ago period. Tata Elxsi: Tata Group's design-led technology services provider registered a net profit at Rs 206.4 crore for October-December quarter of FY24, growing 3.2 percent over previous quarter despite pressure in operating margin. Revenue from operations grew by 3.7 percent sequentially to Rs 914.2 crore in Q3FY24. JSW Energy: The power producing company clocked a 28.8 percent on-year growth in consolidated net profit at Rs 231.3 crore for the quarter ended December FY24, backed by robust operating performance with fall in fuel cost. Revenue from operations increased by 13.1 percent YoY to Rs 2,542.8 crore during the quarter. Lupin: The pharma company received tentative approval from the United States Food and Drug Administration (US FDA) for its abbreviated new drug application for Rivaroxaban tablets USP, 2.5 mg, 10 mg, 15 mg, and 20 mg, to market in the US.

Results on January 24 Bajaj Auto, Tata Steel, Tech Mahindra, TVS Motor Company, Canara Bank, DLF, ndian Oil Corporation, Aarti Drugs, Balkrishna Industries, Bharat Dynamics, CARE Ratings, Container Corporation of India, Dalmia Bharat, DCB Bank, Exide Industries, Indian Bank, Motilal Oswal Financial Services, PNB Housing Finance, RailTel Corporation of India, UCO Bank, Ujjivan Small Finance Bank.

Results on January 24 Bajaj Auto, Tata Steel, Tech Mahindra, TVS Motor Company, Canara Bank, DLF, ndian Oil Corporation, Aarti Drugs, Balkrishna Industries, Bharat Dynamics, CARE Ratings, Container Corporation of India, Dalmia Bharat, DCB Bank, Exide Industries, Indian Bank, Motilal Oswal Financial Services, PNB Housing Finance, RailTel Corporation of India, UCO Bank, Ujjivan Small Finance Bank.