Stocks worth watching today: The Sensex and Nifty indices are expected to start trading on February 7 without much change, with the GIFT Nifty showing signs of a soft start for the broader index, edging up 8 points.

After falling in the previous session, the benchmark index rebounded and ended in the green on February 6, with the Nifty crossing the 21,900-point mark.

At the close, the Sensex index rose 454.67 points, or 0.63%, to 72,186.09 points; the Nifty index rose 157.70 points, or 0.72%, to close at 21,929.40 points.

Here are a bunch of stocks that will be on your radar on February 7th for a variety of reasons:

One 97 Communications: Paytm founder Vijay Shekhar Sharma met Finance Minister Nirmala Sitharaman, CNBC-TV18 reported citing sources. Sharma may have to discuss Paytm’s current situation.

Biocon: The biopharmaceutical company has received preliminary approval from the US FDA for its dasatinib tablet ANDA in doses of 20 mg, 50 mg, 70 mg, 80 mg, 100 mg and 140 mg. This product is indicated for the treatment of adults with Philadelphia chromosome-positive chronic myelogenous leukemia.

Kotak Mahindra Bank: The Competition Commission of India (CCI) has approved the acquisition of 70 per cent stake in Kotak Mahindra General Insurance Company by Zurich Insurance Company. Zurich Insurance will acquire 51% stake in Kotak Mahindra General Insurance Company through a combination of new growth capital and share purchases. In addition, Zurich Insurance will acquire an additional stake of up to 19% in Kotak Mahindra General Insurance over a period of time.

Britannia Industries: The biscuit maker posted a consolidated profit of Rs 555.66 crore in the quarter ended December FY24, a sharp decline of 40.4% from the same period last year due to a higher base. In Q3FY23, net profit included an abnormal gain of Rs 375.6 crore. Operating income for the quarter increased 1.4% year-on-year to 4,256.3 billion rupees.

Nestlé India: The FMCG leader is likely to report healthy double-digit earnings growth for the quarter ended December 31, 2023, when it reports earnings on Wednesday, February 7. Higher production and price-led growth along with operating leverage benefits are likely to help the company in the current quarter.

Tata Consumer Goods: The FMCG major, which will report third-quarter results on Wednesday, February 7, expects to post a double-digit profit in Q3FY24 on the back of continued volume growth in India and stable international business and operations Digital growth leverage benefits.

Berger Paints: The paint manufacturing company’s consolidated profit rose 49.2% year-on-year to Rs 300.2 crore during October-December FY24, driven by healthy operating figures and lower input costs. Operating income for the quarter rose 7% year-on-year to Rs 2,882 crore.

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