JKB Financial Services Ltd.

As on : 03-Jan-2025

Market Commentary - Stock Alert
03-Jan-2025 08:36

Stock Alert: Hero Motocorp, MOIL, Bharti Airtel, Hindustan Zinc, Dmart

Securities in F&O Ban:

RBL Bank and Manappuram Finance shares were banned in F&O trading on 3 January 2025.

Stock to Watch:

Bharti Airtel has signed an agreement for acquisition of 26% stake in AMP Energy Green Three, a special performance vehicle formed for the purpose of owning and operating the captive power plant.

Hindustan Zinc has reported 2% YoY decline in mined metal production to 265 Kilotonnes for Q3 FY25.

Hero Motocorp's total sales declined 17.5% to 3.24 lakh units and the domestic sales fell 22% at 2.94 lakh units.

Capital Small Finance Bank reported total deposits of Rs 8,384 crore, up 12% year-on-year in Q3 FY25.

Bank of Maharashtra's total business jumped 16.87% YoY to 5,07,670 crore in December 2024.

PB Fintech has incorporated a wholly owned subsidiary by the name of PB Healthcare Services.

Avenue Supermarts (Dmart)'s standalone revenue from operations jumped 17.5% YoY at Rs 15,565 crore in Q3 FY25.

MOIL's production of manganese ore stood at 4.6 lakh tonnes, while the sales rose 13% to 3.88 lakh tonnes in third quarter FYF25.

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