Stocks to Watch: Stocks of 10 companies will be under watch in the stock market on Friday, October 10. These include companies related to infra, IT, pharma, energy and banking sectors. Many companies have given information about new orders, quarterly results and fund raising. Know which 10 stocks may see the most movement in Friday’s trading session.
Construction company Afcons Infra has received new orders worth Rs 576 crore for civil and related infrastructure projects. The company said that this contract will further strengthen its project pipeline.
The profit of Tata Group company in the second quarter (Q2) has increased by 7.2% as compared to the previous quarter. Tata Elxsi’s revenue grew by 2.9%, while EBIT grew by 4.7%. The company’s margins also improved from 18.2% to 18.5%.
IT giant TCS’s profit declined by 3.8% in the second quarter compared to the previous quarter. At the same time, an increase of 3.7% was recorded in revenue. The company’s results have been better than estimates and a dividend of ₹11 per share has also been declared for investors.
The Commercial Appellate Division of Delhi High Court rejected the appeal of the Swiss pharma company. This allowed Natco Pharma to launch the generic version of Risdiplam in India. This medicine will be launched at a price of ₹15,900.
ICICI Prudential Life Insurance
The new business premium of the insurance company has increased by 6% on an annual basis. At the same time, there was an increase of 9% in total APE (Annual Premium Equivalent). However, retail APE has registered a decline of 9%.
The bank has approved raising Rs 250 crore through non-convertible debentures (NCD). The board has approved this capital raising plan in its meeting.
The government company has signed a Memorandum of Understanding (MoU) with the Gujarat government for the development of 15 GW capacity renewable projects. This MoU will strengthen the green energy portfolio of the company.
The digital brokerage company’s consolidated revenue declined 1% quarter-on-quarter to ₹77.3 crore. Profit declined 18% to ₹9.5 crore.
RailTel Corporation of India Limited said that it has received an order worth ₹18.22 crore from the Center for e-Governance (CEG), Karnataka. This order is for procurement of back-to-back OEM support for KSWAN 2.0 routers and switches. It is to be completed by 8 November 2025.
The company has signed an MoU with FlyFocus. Under this, the next generation Defender SIGINT (signals intelligence) UAV will be manufactured.
Disclaimer: The information provided here is being given for information only. It is important to mention here that investing in the market is subject to market risks. As an investor, always consult an expert before investing money. Moneycontrol never advises anyone to invest money here.