Last updated: February 12, 2024 08:18 UTC

Stocks to watch on February 12: After a sluggish start, stocks rebounded to close higher on Friday, driven by buying in some heavyweight stocks.

Today’s earnings report for the third quarter: 63Moons, AllCargo Logistics, Avadh Sugar, BASF, Bharat Forge, BLS International Services, Chemplast Sanmar, Coal India, Edelweiss Financial Services, Hindustan Aeronautics, Mazagondock Shipbuilders, Samvardhana Motherson International, NHPC

Yatharth Hospital and Trauma Care: Healthcare providers Yatharth Hospital and Trauma Care Services on Sunday announced acquisition of 100 per cent stake in the 175-bed Asian Fidelis Hospital in Faridabad for an enterprise value of Rs 116 crore.

Prior to this, Yatharth Hospital announced a definitive agreement with Pristine Infracon and its shareholders to acquire 100% of the hospital from its existing shareholders, according to a company statement.

Indian Railway Catering and Tourism Corporation: IRCTC has established a wholly-owned subsidiary called “IRCTC Payments Ltd” to carry out payment aggregation business.

Oriental Publishing House: The Board of Directors has approved the establishment of a new manufacturing facility/factory for the new business of candle production.

JSW Group: JSW Group has signed a Rs 40,000-crore agreement with the Odisha government to set up electric vehicle (EV) and EV battery manufacturing projects in Cuttack and Paradip.

Dr. Reddy’s Laboratory: The company’s formulation manufacturing facility (FTO-3) in Bachupally, Hyderabad, has received an establishment inspection report (EIR) from the US FDA, which is classified as a Voluntary Action Instruction (VAI).

Railway company: The company received orders worth Rs 18.21 million from the Ministry of Defense.

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Easy travel planning: The board of directors has considered and approved in principle the proposal to open a five-star hotel in Ayodhya, less than a kilometer away from Shree Ram Mandir, by investing up to Rs 100 crore in Jeewani Hospitality Private Limited.

Oil and Gas Corporation of India: Oil and Natural Gas Corporation (ONGC) reported a 9.9% year-on-year decline in consolidated net profit to Rs 10,356 crore for the quarter ended December 2023.

Divi’s laboratory: Pharmaceutical major Divis Labs reported consolidated net profit of Rs 358 crore for the quarter ended December, up 17% from Rs 306 crore in the same period last year.

Alipay: One 97 Communications Ltd on Friday said it will set up a group advisory committee chaired by former SEBI chairman M. Damodaran to work with the board on strengthening compliance and regulatory matters.

Hong Nasa consumers: Honasa Consumer, which owns and operates Mamaearth, reported a 265% rise in consolidated net profit to Rs 26 crore in the quarter ended December.

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