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Top 5 stocks to watch for the day - 09th February 2023
Feb 9, 2023
Here are the top 5 action stocks for the day
Larsen & Toubro Ltd
L&T and Ministry of Defence have signed an agreement for procurement of 41 modular bridges worth Rs2,585 crore from L&T for the Indian army (engineering corps).
Trent Ltd
Trent reported 20% higher net profits for Q3FY23 at Rs167 crore while revenues were up 54% yoy at Rs2,303 crore. EBITDA margins fell 415 bps on provision reversals.
Cummins India Ltd
Cummins net profits grew 49% you to Rs360 crore for Q3FY23. Total revenues were up 26% at Rs2,181 crore. EBITDA margins have expanded by 331 basis points.
Bharti Airtel Ltd
Bharti Airtel announced a strategic partnership with Vultr to offer cloud solutions to Indian companies. Airtel will offer the Vultr digital suite to its enterprise customers
Adani Wilmar Ltd
Net profits rose 16% yoy for Q3FY23 at Rs246 crore while revenues were up 7% at Rs15,438 crore. Growth came largely from the edible oils business.
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