Top stocks for today - 28th October 2024

28 Oct 2024 , 08:33 AM

Here are some of the stocks that may see significant price movement today.

Coal India: On Friday (October 25), CIL announced a 21.9% year-on-year (YoY) fall in net profit to ₹6,289 Crore for the second quarter ending September 30, 2024. The company’s revenue from operations decreased 6.4% to ₹30,672.9 Crore, compared to ₹32,776 Crore in the previous fiscal year. 

Bank of Baroda: In the second quarter of FY25, Bank of Baroda’s net profit was ₹5,238 Crore, up 23.2% from ₹4,253 Crore in the previous year. The bank recorded net interest income of ₹11,622 Crore, up 7.3% from ₹10,831 Crore in Q2FY24. 

Shriram Finance: Shriram Finance Ltd reported an 18.3% YoY rise in net profit to ₹2,071.3 Crore for the second quarter ending September 30, 2024. According to a regulatory filing, Shriram Finance reported a net profit of ₹1,750.8 Crore in the preceding fiscal quarter. 

Balkrishna Industries: Balkrishna Industries Ltd, a tyre manufacturer, reported a 0.14% year-on-year (YoY) decline in net profit to ₹346.9 Crore for the second quarter ending September 30, 2024. The company announced that the board of directors declared a second interim dividend of ₹4 per equity share (200%) on equity shares of ₹2 each (face value) for the financial year 2024-25. 

ICICI Bank: The company stated in a regulatory filing that it logged a net profit of ₹11,745.9 Crore in the September quarter, exceeding the Street expectations of ₹11,029.8 Crore. It was 14.5% more than the previous year’s net profit of ₹10,261 Crore. The net interest income was ₹20,048 Crore. The NII was 9.5% higher than last year’s ₹18,307.9 Crore.

Hindustan Zinc: Vedanta Group CEO Arun Misra announced intentions to invest up to $2 billion (about ₹17,000 Crore) to increase production capacity to 2 million tonnes over the next few years. 

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