Stocks to Watch Today: TCS, Hindalco, RBL Bank, United Breweries & More in Focus – February 14
Stocks to Watch Today: The Indian stock market is expected to witness high activity on February 14, with several major companies announcing quarterly earnings, strategic investments, and key appointments. Investors will be closely watching stocks such as TCS, Hindalco Industries, RBL Bank, United Breweries, Godfrey Phillips, Kisan Mouldings, and KNR Construction, among others.
Quarterly Earnings in Focus
A host of companies are set to release their Q3 FY24 earnings reports today, including Glenmark Pharmaceuticals, Aditya Birla Fashion and Retail, Dr Agarwal’s Eye Hospital, Easy Trip Planners, GlaxoSmithKline Pharmaceuticals, Narayana Hrudayalaya, Swan Energy, and Zen Technologies. The financial performance of these companies could impact their stock price movements.
Key Earnings Highlights:
Hindalco Industries (Standalone YoY)
- Profit surged 74.6% to ₹1,463 crore from ₹838 crore.
- Revenue increased 17.2% to ₹23,776 crore.
- New CFO: Bharat Goenka will take charge as CFO from April 1, 2025.
United Breweries (Standalone YoY)
- Net profit slumped 54.9% to ₹38.3 crore.
- Revenue grew 9.6% to ₹1,998.4 crore.
- Exceptional loss of ₹25.8 crore.
Godfrey Phillips India (Consolidated YoY)
- Profit rose 48.7% to ₹315.8 crore.
- Revenue jumped 27.3% to ₹1,591.3 crore.
KNR Construction (Consolidated YoY)
- Profit soared 78% to ₹248.6 crore.
- Revenue declined 14.9% to ₹848.1 crore.
Other earnings results include mixed performances from Deepak Nitrite, Nazara Technologies, and Allcargo Logistics.
Stocks to Watch on February 14
Tata Consultancy Services (TCS)
TCS has partnered with UPM to drive digital transformation and integrate AI-driven solutions, enhancing operational efficiencies and employee experience. This strategic collaboration is expected to boost TCS’s revenue in the coming quarters.
Hindalco Industries
Following its strong quarterly performance, Hindalco is set to remain in focus. Investors may react positively to the 74.6% YoY surge in profit and robust revenue growth.
RBL Bank
The Reserve Bank of India (RBI) has approved the reappointment of R Subramaniakumar as MD & CEO for three years, effective June 23, 2025. The stock could see positive momentum based on this leadership continuity.
United Breweries
Despite a profit decline of 54.9%, the company’s revenue growth suggests underlying demand remains strong. Investors will closely track how the stock reacts.
Kisan Mouldings
Promoter Apollo Pipes acquired an additional 6 lakh shares at ₹50 per share, signaling confidence in the company’s growth potential.
KNR Construction
The company posted a remarkable 78% rise in net profit, making it one of the top-performing infrastructure firms in Q3.
Major Corporate Developments
UltraTech Cement
The company has expanded its Karur, Tamil Nadu grinding unit by 0.6 mtpa, taking total capacity to 3.3 mtpa.
Mahindra Lifespace Developers
Board has approved a ₹1,500 crore rights issue to fuel future expansion.
Bank of Maharashtra
RBI has granted approval for setting up an IFSC banking unit in Gujarat’s GIFT City.
Religare Enterprises
The Board has appointed Praveen Kumar Tripathi as Chairperson until June 2025, replacing Rashmi Saluja.
Piramal Enterprises
The company is issuing non-convertible debentures (NCDs) worth ₹75 crore with a green shoe option of up to ₹375 crore.
Bulk Deals & SME Listings
TVS Supply Chain Solutions
TVS Motor acquired 67.1 lakh shares at ₹159.42 per share, while Authum Investment & Infrastructure sold 50 lakh shares at ₹160 per share.
Kisan Mouldings
Apollo Pipes’ additional stake purchase indicates potential long-term value in the company.
Eleganz Interiors (SME Listing)
Eleganz Interiors will make its stock market debut today.
Stocks Trading Ex-Dividend & Ex-Bonus
Ex-Dividend
Some notable companies trading ex-dividend today include Alkem Laboratories, Bharat Dynamics, Cummins India, Engineers India, MRF, MOIL, and REC.
Ex-Bonus & Stock Splits
- Richfield Financial Services, Transformers and Rectifiers will trade ex-bonus.
- Ascensive Educare will trade ex-split.
F&O Ban List
Manappuram Finance is in the F&O ban list for the day due to exceeding market-wide position limits.
Key Financial Ratios of Stocks in Focus
| Company | P/E Ratio | P/B Ratio | ROE (%) | Debt-to-Equity | Dividend Yield (%) |
|---|---|---|---|---|---|
| TCS | 28.6 | 13.2 | 40.5 | 0.07 | 1.5 |
| Hindalco | 12.5 | 1.3 | 10.2 | 0.87 | 0.9 |
| RBL Bank | 8.9 | 0.9 | 12.4 | 0.15 | 0.5 |
| United Breweries | 42.8 | 4.6 | 14.7 | 0.10 | 0.3 |
| Godfrey Phillips | 11.3 | 2.1 | 20.1 | 0.22 | 1.2 |
| Kisan Mouldings | 7.5 | 0.6 | 8.5 | 0.95 | 0.0 |
| KNR Construction | 15.2 | 2.3 | 18.3 | 0.25 | 0.6 |
Market Outlook
With multiple large-cap and mid-cap stocks reporting earnings today, the market is likely to witness increased volatility. Investors should focus on companies with strong earnings growth, strategic partnerships, and positive management 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.