Stocks to Watch on February 10: BEL, LIC, Brainbees, Oil India, NHPC, Vedanta in Focus
BEL: As the stock market gears up for another eventful trading session on February 10, investors and traders will be closely watching several key stocks. From major order wins to financial results and regulatory actions, here’s a detailed look at some of the stocks in focus.
Bharat Electronics (BEL) – Major Order Win Boosts Prospects
Bharat Electronics Ltd (BEL), a Navratna Defence PSU, has secured fresh orders worth ₹962 crore. Among these, a significant contract worth ₹610 crore has been awarded for the supply of Electro-Optic Fire Control Systems (EOFCS) to the Indian Navy. This order strengthens BEL’s position in the defense sector and reflects the government’s push for indigenous defense manufacturing under the ‘Atmanirbhar Bharat’ initiative.
Investors will be keen to see how this latest order affects BEL’s stock performance and future revenue growth.
LIC – Profit Surge Despite Declining Premium Income
Life Insurance Corporation of India (LIC) posted a 16% year-on-year increase in net profit, reaching ₹11,009 crore. However, its net premium income fell by 9% to ₹1.07 lakh crore. The positive development for LIC was its improved gross NPA margin, which now stands at 1.64%, indicating stronger asset quality.
With LIC’s focus on profitability and improving operational efficiency, investors will analyze whether this trend continues in upcoming quarters.
Brainbees Solutions (FirstCry Parent) – Drastic Reduction in Losses
Brainbees Solutions, the parent company of FirstCry, has significantly reduced its losses by 69.2% in Q3 FY25. The company’s net loss dropped from ₹48.4 crore to ₹14.7 crore, signaling improved financial health.
With FirstCry’s dominance in the baby products market and expanding digital footprint, market participants will monitor whether this improved performance leads to sustained profitability.
Oil India – Profit Decline Amid Falling Revenue
State-run Oil India reported a 44% year-on-year drop in net profit, falling to ₹1,457 crore in Q3 FY25 from ₹2,607 crore last year. Revenue from operations also declined by 16.7% to ₹9,089 crore, primarily due to fluctuating crude oil prices and weak refining margins.
Despite this setback, Oil India remains a key player in the energy sector, and its future outlook will depend on global oil price trends and policy decisions.
NHPC – Profits Plummet Due to Rising Expenses
Hydropower major NHPC witnessed a 47% drop in net profit, coming in at ₹330.13 crore for the December quarter. Higher operational expenses contributed to this decline.
However, NHPC continues to be a leader in renewable energy, and any new project announcements or tariff revisions could influence its stock movement.
Vedanta – Facing Hefty Tax Demand
Mining giant Vedanta has received two orders from the Commissioner of Central Goods and Services Tax (CGST) & Central Excise, demanding a total penalty of ₹141.36 crore, along with applicable tax and interest.
This tax demand could put pressure on Vedanta’s stock in the short term, as investors assess the impact of regulatory issues on the company’s financials.
Key Financial Ratios of Stocks in Focus
| Stock | P/E Ratio | Market Cap (₹ Cr) | Revenue Growth | Net Profit Margin | Debt to Equity Ratio |
|---|---|---|---|---|---|
| Bharat Electronics | 28.5 | 98,200 | 14% | 12.5% | 0.22 |
| LIC | 10.2 | 600,000 | -9% | 5.4% | 0.05 |
| Brainbees (FirstCry) | N/A | 15,000 | 25% | -3.8% | 1.2 |
| Oil India | 6.8 | 28,500 | -16.7% | 10.2% | 0.35 |
| NHPC | 14.3 | 45,000 | 8% | 18.7% | 0.78 |
| Vedanta | 9.5 | 98,300 | 12% | 15.4% | 1.1 |
(Note: Financial ratios are approximate and based on recent data trends.)
Earnings to Watch on February 10
Several major companies are set to release their quarterly results, which could impact overall market sentiment:
- Eicher Motors, Grasim Industries, Apollo Hospitals, CRISIL, Escorts Kubota, Nykaa, and more will report their earnings.
- Stocks Trading Ex-Dividend: Aster DM Healthcare, GPT Infraprojects, Suraj Stainless, Indian Toners & Developers.
Market Outlook and Key Takeaways
- BEL’s recent defense order win could provide a positive boost to the stock.
- LIC’s profit growth amidst declining premium income could be a mixed signal for investors.
- Brainbees’ shrinking losses suggest operational improvements and a path toward profitability.
- Oil India and NHPC’s profit declines could weigh on investor sentiment, especially amid macroeconomic uncertainties.
- Vedanta’s tax penalty may create short-term volatility in its stock.
With these key developments in play, traders and long-term investors should closely monitor these stocks, keeping an eye on global economic trends, company earnings, and sectoral tailwinds to make informed decisions.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.