Stocks to Watch Today: Kotak Mahindra Bank, ICICI Bank, RailTel, Vakrangee, Medi Assist, RCF, Honasa Consumer, Muthoot Finance in Focus – February 13
Stocks to Watch Today: The stock market is poised for an eventful trading session today, February 13, with several key stocks expected to be in the limelight. From regulatory updates to earnings reports, corporate deals, and significant investments, investors must stay updated on the latest developments.
Stocks to Watch Today
Kotak Mahindra Bank
The Reserve Bank of India (RBI) has lifted restrictions imposed on Kotak Mahindra Bank, enabling the lender to onboard new customers via digital banking channels and issue fresh credit cards. The bank had been under RBI restrictions since April 2024. This regulatory relief is expected to boost Kotak Bank’s stock performance today.
ICICI Bank
ICICI Prudential Asset Management, a joint venture between ICICI Bank and Prudential plc, is under evaluation for a potential public listing. If this IPO proceeds, it will be a significant move in the asset management industry. ICICI Bank intends to retain a majority stake, ensuring its continued dominance in the sector.
RailTel Corporation of India
RailTel has secured multiple high-value contracts, including a ₹123.13 crore work order from the Bihar Education Project Council and another ₹14.71 crore contract from the Airports Authority of India in Chennai. These orders strengthen RailTel’s revenue pipeline, making it an important stock to watch.
Vakrangee
The RBI has extended Vakrangee’s authorization to operate White Label ATMs until March 31, 2026. As of January 2025, Vakrangee manages 6,035 ATMs across India. This regulatory nod ensures business continuity and growth potential for the company.
Medi Assist Healthcare Services
Aditya Birla Sun Life Mutual Fund acquired a 1.56% stake in Medi Assist for ₹54.22 crore in a bulk deal. This investment signals institutional confidence in the company’s growth trajectory.
Rashtriya Chemicals & Fertilizers (RCF)
RCF delivered an outstanding Q3 performance, with net profit surging 615% to ₹80.2 crore, compared to ₹11.2 crore in the previous year. Despite a 7.9% decline in revenue, the significant jump in profitability may positively impact stock sentiment.
Honasa Consumer (Mamaearth Parent Company)
Honasa Consumer reported a marginal increase of 0.5% in net profit to ₹26.02 crore in Q3, while revenue grew 6% to ₹517.5 crore. The company’s stable performance keeps it in focus for investors tracking the consumer goods sector.
Muthoot Finance
Muthoot Finance posted a stellar Q3 earnings report, with net profit soaring 32.7% to ₹1,363.1 crore and net interest income increasing by 42.8% to ₹2,721.4 crore. The gold financing company’s strong financials are expected to drive investor interest.
Key Quarterly Earnings Announcements
Several companies are scheduled to release their quarterly earnings today, including:
- Hindalco Industries
- Ipca Laboratories
- Deepak Nitrite
- Godfrey Phillips
- Manappuram Finance
- SJVN
- United Breweries
Investors should track these announcements closely as they can impact market trends.
Significant Corporate Developments
- Bharat Forge has partnered with VEDA Aeronautics for developing unmanned aerial vehicles and high-speed aerial weapon systems.
- Tata Power Renewable Energy signed an MoU with ONGC to explore battery energy storage solutions.
- RITES partnered with C-DAC to enhance IT solutions in consultancy services.
- ONGC & NTPC Green Energy completed a major ₹19,500 crore acquisition of Ayana Renewable Power.
Stock Market Bulk Deals
The following bulk deals took place recently:
| Stock | Buyer/Seller | Stake Bought/Sold | Value (₹ Crore) |
|---|---|---|---|
| Medi Assist Healthcare | Aditya Birla Sun Life Mutual Fund | 1.56% | 54.22 |
| Prataap Snacks | Bharat Value Fund (Buyer) | 2.56% | 70.12 |
| Prataap Snacks | Malabar India Fund (Seller) | 0.66% | 18.25 |
| Kisan Mouldings | Apollo Pipes (Buyer) | 0.50% | – |
Financial Ratios of Key Stocks in Focus
| Stock | P/E Ratio | P/B Ratio | ROE (%) | Debt-to-Equity Ratio |
|---|---|---|---|---|
| Kotak Mahindra Bank | 21.5 | 3.2 | 13.2 | 1.1 |
| ICICI Bank | 17.3 | 2.9 | 14.8 | 0.9 |
| RailTel Corporation | 14.6 | 2.5 | 16.0 | 0.5 |
| Vakrangee | 12.8 | 1.9 | 9.5 | 0.3 |
| Medi Assist | 25.2 | 4.1 | 18.3 | 0.2 |
| RCF | 10.5 | 1.6 | 15.0 | 0.8 |
| Honasa Consumer | 35.6 | 5.8 | 12.0 | 0.4 |
| Muthoot Finance | 14.2 | 2.1 | 22.5 | 2.0 |
Market Outlook
With major earnings reports, regulatory developments, and strategic partnerships in focus, today’s stock market session is expected to be volatile. Investors should closely monitor movements in banking, consumer goods, and infrastructure stocks.
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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.