Top stocks for today - 23rd October 2024

23 Oct 2024 , 09:06 AM

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

Bajaj Finance: The company reported a 13% YoY growth in net profit for Q2 FY25, hitting ₹4,013.7 Crore, up from ₹3,550.8 Crore in the previous corresponding quarter. The company received a one-time gain of ₹2,544.11 Crore from selling its share in Bajaj Housing Finance Ltd (BHFL). 

Indus Towers: The telecom infrastructure provider recorded a 71.7% YoY increase in net profit to ₹2,223.5 Crore for the second quarter ended September 30, 2024. Indus Towers reported a net profit of ₹1,294.7 Crore for the same period in the previous fiscal year, according to a regulatory filing. 

Persistent Systems: The mid-tier IT services company reported a 23.4% YoY growth in net profit to ₹325 Crore for the second quarter ending September 30, 2024. In the preceding fiscal quarter, Persistent Systems reported a net profit of ₹263 Crore, according to a regulatory filing. The IT firm’s revenue from operations increased by 20.1% to ₹2,897 Crore from ₹2,412 Crore in the previous year.

Mahindra Finance: The non-bank lender recorded a 36% increase in its consolidated net profit for the quarter under review, reaching ₹390 Crore. Last year, the institution reported a post-tax profit of ₹287 Crore. In the September quarter, net revenue increased by 57% to ₹369 Crore, but fell 25% from the previous quarter’s ₹513 Crore.

ICICI Prudential Life: ICICI Prudential Life Insurance Company recorded a 3% profit gain for the quarter ending September 30, reaching ₹2.52 billion. This expansion occurs despite a loss in a critical margin due to increased sales of market-linked policies.

For feedback and suggestions, write to us at [e-mail]