[India] - Stocks to Watch: TCS, Tata Elxsi, NBCC, Zydus Lifesciences, JSW Steel

INSUBCONTINENT EXCLUSIVE:
Share Market Today: Tata Elxsi reported a 14.7 per cent year-on-year profit increase, at Rs 229 crore, driven by robust demand in its
transportation division
(Image: Bloomberg)3 min read Last Updated : Oct 11 2024 | 7:01 AM ISTStocks to Watch, Friday, October 11, 2024: GIFT Nifty futures, trading
at 25,090 around 6:50 AM, marginally below Nifty futures' last close, indicated a muted start for markets in India on Friday.Meanwhile, here
are a few stocks likely to be in focus during today's trading session:Click here to connect with us on WhatsAppTata Consultancy Services:
TCS reported a net profit of Rs 11,909 crore for Q2FY25, up 5 per cent year-on-year but down 1.08 per cent sequentially
Total contract value (TCV) for new deals was $8.6 billion, a slight increase from Q1 but down 23 per cent year-on-year
engineering and technology firm reported a 14.7 per cent year-on-year profit increase, at Rs 229 crore, driven by robust demand in its
transportation division
Revenue grew 8.3 per cent to Rs 955 crore, slightly below estimates
The transportation unit, accounting for 55.7 per cent of software development revenue, saw significant growth due to new contracts.Ola
Electric: The company is under scrutiny from the Ministry of Heavy Industries due to consumer complaints about delayed deliveries and
defective products
The company is cooperating with an investigation by the Automotive Research Association of India (ARAI) and aims to clarify compliance
timelines
share price has seen a recent uptick as it completes the migration of its payment handle and secures foreign direct investment clearance for
its Payment Aggregator license
With stable market share in UPI and plans to diversify into other financial services, the company aims for positive Adjusted EBITDA by Q4
Lifesciences: THe company has received US FDA's approval to produce its generic version of Paliperidone extended-release tablets for
treating schizophrenia.JSW Steel: The company has partnered with BHP and Carbon Clean to accelerate carbon capture technology in steelmaking
This initiative aims to reduce emissions and aligns with global sustainability efforts undertaken by the company.Puravankara: Despite strong
housing demand, Puravankara's sale bookings dropped 17 per cent year-on-year to Rs 1,331 crore in Q2FY25
The company plans to launch new projects worth over Rs 13,000 crore in the second half of the fiscal year.Vedanta: The company has linked
its metal quality analysis system with the London Metal Exchange, becoming the first Indian smelter to do so
This initiative aims to enhance supply chain operations and meet global quality standards.Q2 earnings today: Just Dial, Hathway Cable,
Reliance Industria Infrastructure and Plastiblends are among the nine companies reporting their Q2 results today.First Published: Oct 11
2024 | 6:56 AMIST