Top 5 stocks to watch for the day - 09th February 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.