Pre-Market Information – Bharti Airtel, IRCTC, Adani Wilmer, TVS Motors, and others in focus today

US Futures turned into green. Asian markets are mixed. SGX Nifty indicates a positive start for Indian markets.

The following stocks in focus today:

Adani Wilmar: Today it is the debut of Adani Wilmer on the stock exchanges. The issue price has been fixed at Rs 230 per share.

TVS Motor Company: The company reported net profit at Rs.288.3 Cr vs Rs.265.6 Cr YoY. Its revenue jumped to Rs.5706.4 Cr from Rs.5391.4 Cr YoY.

Tata Steel Long Products: Board meeting will be held on February 10 to consider proposal for raising funds.

NALCO: The company recorded higher profit at Rs.830.6 crore vs Rs.239.7 crore YoY. Its revenue jumped to Rs.3773.2 Cr vs Rs.2378.7 Cr YoY.

JM Financial: The company reported higher profit at Rs.260.7 Cr in vs Rs.250.1 Cr YoY. Its revenue increased to Rs.951.93 Cr from Rs.884.81 Cr YoY.

Castrol India: The company recorded higher profit at Rs.758.1 Cr in vs Rs.582.9 Cr YoY. Its revenue jumped to Rs.4192.1 Cr from Rs.2996.9 Cr YoY.

Chemcon Speciality Chemicals: The company reported lower profit at Rs.13.4 Cr vs Rs.16.4 Cr YoY. Its revenue declined to Rs.49.5 Cr from Rs.64.8 Cr YoY.

Biocon: The company received US FDA approval for its ANDA for Posaconazole delayed-release tablets.

Strides Pharma: The company board to consider raising funds via securities on February 10.

Today’s important results: 

Bharti Airtel, IRCTC, Bajaj Electricals, Godrej Consumer Products, Granules India, Heidelberg Cement India, Endurance Technologies, Escorts, Glenmark Life Sciences, Redington (India), Tata Teleservices (Maharashtra), NMDC, Praj Industries, Stove Kraft, RITES, and Astrazeneca Pharma.