Top 5 stocks for the day – 25th January 2023

Maruti Suzuki Ltd 

Net profits for Q3FY23 grew 129.7% yoy to Rs2,391 crore. Price hikes, improved demand for top end models and softening commodity cycle helped. Revenues were up 27%.

Bharti Airtel Ltd 

Bharti Airtel raised minimum tariff plans in 7 circles. Minimum tariffs are up nearly 40%-50% at Rs155. This is likely to help the ARPUs in the coming months.

Pidilite Industries Ltd 

Pidilite reported 14.3% lower net profits at Rs308 crore for Q3FY23. Profits were impacted by higher inventory stocking, even as revenues grew 5.2% yoy.

Rail Vikas Nigam Ltd 

RVNL has bagged Rs39 crore order from Southern Railway for providing automatic block signalling and block optimization in the Arakkkonam-Nagari section.

Triveni Engineering Ltd 

Triveni approved additional capex of Rs90 crore for sugar business and Rs100 crore capex for power transmission. Net profits were up 13% yoy at Rs147 crore in Q3FY23.