NTPC, the government Navratna company, showcased mixed results in the first quarter. Despite a 9% increase in profit, the company faced mild revenue pressure. However, boosted margins due to reduced fuel costs might lead to action in its shares. Investors will keep a close eye on these stocks’ performance.
In a live deal show on CNBC-Awaaz, investors were suggested to consider 20 strong stocks, including UNITED BREWERIES and SONATA SOFT, for trading before the market opens. With the understanding and analysis of these stocks, investors have the opportunity to make rewarding investments.
Ashish Verma’s team highlighted the following stocks:
UNITED BREWERIES (Red): Profit declined from Rs 162 crore to Rs 136 crore in Q1 YoY. Income also decreased from Rs 2,439 crore to Rs 2,275 crore in Q1. EBITDA declined from Rs 265 crore to Rs 223 crore in Q1, resulting in an EBITDA margin decline from 11% to 9.8% in Q1.
FINO PAYMENTS BANK (Red): The company’s profit decreased by 15% in Q1 on a quarterly basis, indicating a possible stock decline due to weak results.
ORIENT ELECTRIC (Green): ICICI Prudential MF bought 29.68 lakh shares at Rs 222/share, indicating investor interest. Despite a profit decline from Rs 562 crore to Rs 405 crore in Q1 YoY, the stock is potentially on the rise.
Neeraj Vajpayee’s team highlighted the following stocks:
SONATA SOFT (Green): Profit increased from Rs 18 crore to Rs 22 crore in Q1 YoY. Income also increased from Rs 129 crore to Rs 148 crore in Q1. EBITDA surged from Rs 28 crore to Rs 32 crore in Q1.
GLENMARK PHARMA (Green): Profit increased from Rs 12 crore to Rs 25 crore in Q1 YoY. Income increased from Rs 368 crore to Rs 505 crore in Q1.
EQUITAS SF BANK (Green): Profit increased from Rs 97 crore to Rs 191 crore in Q1 YoY. NII also surged from Rs 581 crore to Rs 743 crore in Q1. Gross NPAs declined to 2.75%, and net NPAs declined to 1.18% in Q1.
VA TECH WABAG (Red): Profit declined by 53% in Q1 YoY. It decreased from Rs 42 crore to Rs 20 crore. EBITDA also declined by 79%, from Rs 50 crore to Rs 11 crore. Margins dropped from 45% to 7% in Q1.
