Watch these stocks: BHEL, TVS Motors, Marico, Tata Motors, Blue Star

 Watch these stocks: BHEL, TVS Motors, Marico, Tata Motors, Blue Star

The following are the top stocks that may be the subject of today's trade:

TVS Motors: On October 30, TVS Motor Company released its quarterly reports for September 2023. The company said that, compared to ₹408 crore in Q2 of FY 2022–2023–23, its net profit increased by 32% to ₹537 crore in Q2 FY2023–24. In addition, the company said in a stock regulatory filing that its operational revenue in the September quarter of FY 2023–24 climbed by 13% to ₹8,145 crore from ₹7,219 crore in the previous year's second quarter.

Marico: On October 30, Marico Ltd. announced a consolidated net profit for the remainder of the second quarter of fiscal year 2023–24 (Q2FY24) of ₹360 crore. This represents a 17.3% increase over the ₹307 crore recorded in the same time last year. However, sequentially, the net profit decreased from ₹436 crore, which was recorded in the June 2023 quarter, by 17.5%. The consumer products company's operating sales, which came in at ₹2,476 crore, slightly decreased.

Tata Motors: In a significant win for the company, an arbitral panel has granted Tata Motors compensation of more than ₹766 crore for the damages sustained as a result of Trinamool Congress demonstrations that caused its small vehicle project in Singur, West Bengal, to be put on hold. According to a stock market report made on Monday by the Mumbai-based car manufacturer, the tribunal requested that the West Bengal government provide Tata Motors the compensation that is due, along with interest.

BHEL: Koppu Sadashiv Murthy was appointed as the company's chairman and managing director (CMD) by the board of directors on Monday. The Ministry of Heavy Industries notified BHEL on May 23 that Murthy's nomination as the Chief Medical Director (CMD) had been accepted by the nomination Committee of Cabinet (ACC). Currently, the official works for the firm as an Executive Director.

Triveni Engineering: According to financial figures released by the business on October 30, the net profit recorded by Triveni Engineering & Industries fell by 98% year-over-year to ₹29.1 crore in the second quarter of fiscal year 2023–24 (Q2FY24). The net profit for the same period last year was ₹1,388 crore. In the June 2023 quarter, the net profit was ₹67.6 crore, a 57% decrease sequentially.

GMR Airports Infrastructure: During the current fiscal year's July–September quarter, GMR Airports Infrastructure Ltd. (GIL) revealed on Monday that its consolidated net loss had decreased to ₹190 crore. The business declared a ₹197 crore net loss for the quarter that ended on September 30, 2022. According to a statement from GIL, the company's net income increased by 25% to ₹1,607 crore during the reporting period from ₹1,285 crore in the second quarter of the previous fiscal.

Blue Star: Thanks to growth and expansion in its margins, air conditioning and commercial refrigeration company Blue Star Ltd. recorded a 66% rise in consolidated net profit to ₹70.77 crore for the second quarter that concluded on September 30. An annual net profit of ₹42.64 crore was reported by the corporation, per a Blue Star regulatory filing. During the reviewed quarter, its operating revenue increased by 19.47%.

Vodafone Idea: Chief executive Akshaya Moondra said during the company's earnings call on Monday that Vodafone Idea Ltd. anticipates wrapping up negotiations to get capital from investors this quarter. According to Moondra, the founders' pledge to contribute an extra ₹2,000 crore is expected to accompany investments from outside parties. The telecom used bank loans to pay down its spectrum obligations in the most recent quarter, and it will repay this debt by the end of March.

Procter & Gamble Hygiene and Health Care Ltd., a manufacturer of FMCG goods, said on Monday that its first-quarter earnings after taxes increased by 36.44% to ₹210.69 crore. The corporation, which uses the July–June fiscal year, said in the equivalent quarter of the previous fiscal that it had made ₹154.41 crore in profit after taxes. Its net sales for the quarter under review were ₹1,135.06 crore, 9.04 percent higher.

Petronet LNG: On Monday, the Petronet LNG board authorized the ₹20,685 crore projected cost of constructing a petrochemical facility in Dahej, Gujarat. Speaking to the media, the company's CEO and MD, Akshay Kumar Singh, said that the project has received the necessary legislative permissions and would be ready in the next four years. The government is trying to turn the nation into a petrochemical center at the same time as the diversification towards petrochemicals.