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Business Standard
11-07-2025
- Business
- Business Standard
Stocks to Watch today, July 11: TCS, IREDA, ZEE, HUL, Tata Steel
Stocks to Watch today, July 11: Benchmark equity indices are poised for a bearish start as the earnings season for the first quarter of FY26 began on a subdued note. At 7:15 AM, GIFT Nifty futures were trading down by 127 points or 0.5 per cent, quoting 25,285, signalling a negative start. Global markets, on the other hand, experienced record gains, closing at all-time high levels. The tech-heavy index, Nasdaq, was trading at a record high level, quoting 20,630.66, up by 19 points. The S&P 500 index followed suit and settled at 6,280.46, up by 17 points or 0.27 per cent. The rally was mainly led by tech stocks, especially Wall Street's favourite, Nvidia. In the Asia-Pacific region, markets were trading in green with the Hang Seng index trading at 24,284.40, up by 256 points or 1.06 per cent. Japan's Nikkei was also up by 80 points or 0.2 per cent, trading at 39,727.18. CATCH STOCK MARKET UPDATES TODAY LIVE Here is a list of stocks to watch today: Tata Consultancy Services (TCS): The IT giant reported a revenue of ₹63,437 crore, reflecting a 1.3 per cent year-on-year (YoY) growth, though there was a 3.1 per cent Y-o-Y decline in constant currency terms, in the first quarter of FY26. The company posted an operating margin of 24.5 per cent, indicating a 30 basis points expansion quarter-on-quarter (Q-o-Q). Net income stood at ₹12,760 crore, a 6.0 per cent Y-o-Y increase, translating to a healthy net margin of 20.1 per cent. The company's workforce grew to 613,069 employees, with a net headcount addition of 6,071 on a Y-o-Y basis. Indian Renewable Energy Development Agency (IREDA): The company reported a 36 per cent decline in its standalone net profit for Q1FY26, coming in at ₹247 crore compared to ₹384 crore in the corresponding quarter of the previous fiscal year. Despite the drop in profit, the company saw a 29 per cent increase in revenue from operations figure, which rose to ₹1,947 crore from ₹1,510 crore Y-o-Y However, the company's asset quality weakened, with gross non-performing assets (NPA) increasing to 4.13 per cent from 2.45 per cent recorded in the previous quarter. Glenmark Pharmaceuticals: Ichnos Glenmark Innovation, Inc. (IGI), a wholly-owned subsidiary of Glenmark Pharmaceuticals, has announced its global plans for the commercialisation of ISB 2001, its lead investigational asset for oncology and autoimmune diseases. As per the exchange filing, IGI has entered into an exclusive licensing agreement with AbbVie, granting it rights to develop, manufacture and commercialise ISB 2001 in key markets including North America, Europe, Japan, and Greater China. TBO Tek: The company has set up a new wholly-owned subsidiary in Poland through its material subsidiary, Tek Travels DMCC. The new company has been established as part of TBO Tek's expansion plans. It will support Tek Travels DMCC by providing business services such as marketing and promotional activities. The company has an authorised and issued capital of 100 shares at 50 PLN each. Tata Steel: The Tata group firm has infused funds into its wholly-owned foreign subsidiary, T Steel Holdings Pte. Ltd (TSHP), by acquiring 124.63 crore equity shares of face value $0.1005 each. The total investment amounts to $125.25 million (₹1,073.63 crore). Following this transaction, TSHP remains a wholly-owned subsidiary of Tata Steel. Eicher Motors: VE Commercial Vehicles Ltd (VECV), a joint venture between Eicher Motors and the Volvo Group, has received a demand-cum-show cause notice from the Commissioner, CGST and Central Excise, Ujjain Commissionerate, Madhya Pradesh. The demand notice is regarding the pending GST amount of ₹168.19 crore, and the recovery of equivalent penalty and applicable interest from VECV. Lemon Tree Hotels: The company announced in its latest exchange filing that it has signed two license agreements for new properties, Lemon Tree Premier in Navi Mumbai and Lemon Tree Hotel in Jalgaon, both located in Maharashtra. The properties will be managed by Carnation Hotels Private Ltd., a wholly-owned subsidiary of Lemon Tree Hotels. JSW Infra: The company resolution plan (RP) for NCR Rail Infrastructure has been approved by the committee of creditors. As per the company's latest exchange filing, JSW Infra has received approval for its resolution plan for NCR Rail Infrastructure Limited under the Insolvency and Bankruptcy Code, 2016. The company was issued a Letter of Intent (LoI) by the Resolution Professional on July 10, 2025. However, the implementation of the resolution plan is subject to the terms of the LoI and necessary approvals from the NCLT and other relevant authorities. Hindustan Unilever (HUL): The FMCG giant has announced the appointment of Priya Nair as its new Managing Director and Chief Executive Officer (MD & CEO) for a five-year term, effective August 1. She will succeed Rohit Jawa, who will step down from the role on July 31. Nair, who currently holds the position of President, Beauty and wellbeing at Unilever, will also become a member of the HUL Board. Tata Elxsi: The Tata group firm reported its financial results for Q1FY26 with revenues from operations standing at ₹892.1 crore. The company recorded an Ebitda of ₹186.7 crore, whereas, Ebitda margin was at 20.9 per cent. The company's Profit After Tax (PAT) figure stood at ₹144.4 crore for the quarter ending June. PAT margin was recorded at 15 per cent. Aegis Logistics: The company, in its latest exchange filing, announced that it has executed a business transfer agreement (BTA) with its associate company, Aegis Vopak Terminals (AVTL). Under the BTA, the company will transfer its liquified petroleum gas (LPG) Terminal at Pipavav, with a cryogenic storage capacity of 48,000 MT, to AVTL by way of slump sale on a going concern basis for ₹428.40 crores.
India Today
13-06-2025
- Business
- India Today
Air India crash rattles hotel and ticketing stocks, as investor confidence wavers
The tragic crash of an Air India flight near Ahmedabad has not only left the nation grieving but has also shaken investor confidence, triggering a sharp fall in travel and tourism-related stocks on June PLATFORMS STOCKS SEE REDOnline travel companies were among the most affected. Shares of Thomas Cook India fell by 2.39%, trading at Rs 160.03 as of June 13, 1PM. TBO Tek dropped 1.10% to Rs 1,287.40, while Mahindra Holidays slipped 1.47% to Rs and Yatra Online also saw losses, down by 1.18% and 2.73%, respectively. Kranthi Bathini from WealthMills Securities said the decline in travel-related stocks is a short-term effect of the Air India crash. "In the longer run, we expect resilience in air travel. The travel and hospitality industries should do well over the medium to long term," he Bathini doesn't see any major fundamental impact from this one incident. Long-term investors, he said, can continue holding these stocks unless they no longer find them attractively priced. 'If the investor is a long-term investor, they can hold on to the stocks until and unless they don't find any valuation comfort in the particular stock,' he COMPANIES ALSO FEEL THE HEATHospitality stocks followed the downward trend. Shares of Indian Hotels Company (IHCL), the group behind the Taj Hotels, fell by 1.35% to Rs 734.75. Chalet Hotels and Lemon Tree Hotels also saw declines of about 1% and 0.03%, Schloss Bangalore, the newly listed company that operates Leela Hotels, saw its stock dip by over 3% to trade at Rs OPERATORS AND AIRLINES FEEL THE PINCHThe impact wasn't limited to hotels and airlines. Adani Enterprises, which runs the Sardar Vallabhbhai Patel International Airport in Ahmedabad, also saw its shares fall by more than 2%, trading at Rs 2491.40. The airport has been shut for operations following the GMR Airports' shares declined by around 1%. Airline stocks weren't spared either. Shares of IndiGo and SpiceJet also witnessed a decline in their share prices as investors weighed the possible impact of the crash on the TURN CAUTIOUS AFTER CRASHThe crash involved a London-bound Air India flight carrying more than 200 passengers, which went down in a residential area near the Ahmedabad airport. Tragically, nearly all 242 people on board lost their incident has reignited concerns over flight safety, prompting a cautious stance from investors and sending several sector stocks lower in early Watch
Time of India
26-05-2025
- Business
- Time of India
Buy TBO Tek, target price Rs 1,500: Anand Rathi
Anand Rathi suggests buying TBO Tek shares, targeting Rs 1500. The current market price is Rs 1322.75. They anticipate revenue growth, especially in hotels. EBITDA margin is expected to increase. Earnings per share are also projected to rise. Key risks include buyer retention and travel disruptions. Promoters hold a significant stake, followed by FIIs and DIIs. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads (Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of Please consult your financial adviser before taking any position in the stock/s mentioned.) Anand Rathi has a Buy call on TBO Tek Ltd. with a target price of Rs 1500.0. The current market price of TBO Tek Ltd. is Rs 1322.75 Time period given by analyst is year when TBO Tek Ltd. price can reach defined target. TBO Tek Ltd., incorporated in 2006, is a Small Cap company (having a market cap of Rs 14343.36 crore, operating in the General Tek's key products/revenue segments include Software Development Charges and Other Operating Revenue for the year ending the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 462.54 crore, up 5.42% from last quarter Total Income of Rs 438.76 crore and up 23.04 % from last year same quarter Total Income of Rs 375.91 crore. The company has reported net profit after tax of Rs 58.91 crore in latest company's top management includes Dhariwal, Pramanik, Bhatnagar, Dhawan, Bhatnagar, Nijhawan, Dhariwal, Kumar, Pramanik, Bhatnagar, Dhawan, Bhatnagar, Nijhawan, Kumar. Company has Price Waterhouse Chartered Accountants LLP as its auditors. As on 31-03-2025, the company has a total of 11 crore shares FY25-27, Anand Rathi expects overall revenue to grow at 23.2% CAGR, largely led by 28.8% growth in hotels and ancillary revenue, whereas the airline segment would remain flat. Further, they expect the EBITDA margin to increase ~100bps from 17.5% in FY25 to 18.5% by FY27, leading to 22.3% EPS CAG Rover FY25-27. Risks. Inability to retain buyers, discontinuing supply of inventory; external factors curbing held 44.41 per cent stake in the company as of 31-Mar-2025, while FIIs owned 31.61 per cent, DIIs 17.88 per cent.
Economic Times
26-05-2025
- Business
- Economic Times
Buy TBO Tek, target price Rs 1,500: Anand Rathi
Anand Rathi has a Buy call on TBO Tek Ltd. with a target price of Rs 1500.0. The current market price of TBO Tek Ltd. is Rs 1322.75 Time period given by analyst is year when TBO Tek Ltd. price can reach defined target. TBO Tek Ltd., incorporated in 2006, is a Small Cap company (having a market cap of Rs 14343.36 crore, operating in the General sector. ADVERTISEMENT TBO Tek's key products/revenue segments include Software Development Charges and Other Operating Revenue for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 462.54 crore, up 5.42% from last quarter Total Income of Rs 438.76 crore and up 23.04 % from last year same quarter Total Income of Rs 375.91 crore. The company has reported net profit after tax of Rs 58.91 crore in latest quarter. The company's top management includes Dhariwal, Pramanik, Bhatnagar, Dhawan, Bhatnagar, Nijhawan, Dhariwal, Kumar, Pramanik, Bhatnagar, Dhawan, Bhatnagar, Nijhawan, Kumar. Company has Price Waterhouse Chartered Accountants LLP as its auditors. As on 31-03-2025, the company has a total of 11 crore shares outstanding. Investment Rationale Over FY25-27, Anand Rathi expects overall revenue to grow at 23.2% CAGR, largely led by 28.8% growth in hotels and ancillary revenue, whereas the airline segment would remain flat. Further, they expect the EBITDA margin to increase ~100bps from 17.5% in FY25 to 18.5% by FY27, leading to 22.3% EPS CAG Rover FY25-27. Risks. Inability to retain buyers, discontinuing supply of inventory; external factors curbing travel. Promoter/FII Holdings Promoters held 44.41 per cent stake in the company as of 31-Mar-2025, while FIIs owned 31.61 per cent, DIIs 17.88 per cent. (You can now subscribe to our ETMarkets WhatsApp channel) Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of Please consult your financial adviser before taking any position in the stock/s mentioned.
Business Standard
23-05-2025
- Business
- Business Standard
TBO Tek consolidated net profit rises 26.33% in the March 2025 quarter
Sales rise 20.88% to Rs 446.13 crore Net profit of TBO Tek rose 26.33% to Rs 58.91 crore in the quarter ended March 2025 as against Rs 46.63 crore during the previous quarter ended March 2024. Sales rose 20.88% to Rs 446.13 crore in the quarter ended March 2025 as against Rs 369.07 crore during the previous quarter ended March 2024. For the full year,net profit rose 13.72% to Rs 229.89 crore in the year ended March 2025 as against Rs 202.15 crore during the previous year ended March 2024. Sales rose 24.74% to Rs 1737.47 crore in the year ended March 2025 as against Rs 1392.82 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 446.13369.07 21 1737.471392.82 25 OPM % 14.5117.77 - 15.8418.14 - PBDT 75.7468.30 11 313.74270.28 16 PBT 61.8553.29 16 261.86234.11 12 NP 58.9146.63 26 229.89202.15 14
