Stocks to Watch for November 13: IRCTC, Oil India, M&M, Ola Electric, Hitachi Energy and more
Detailed summary
From Oil India reporting a 21.3% quarter-on-quarter decline in net profit to ₹2,259.42 crore in Q2 to Zee Entertainment approving a share buyback of up to 6.59 crore equity shares for an aggregate amount of ₹600 crore ;these are stocks to track ahead of Friday trading session.
Oil India | The upstream exploration and production firm reported a 21.3% quarter-on-quarter decline in net profit to ₹2,259.42 crore in Q2, compared with ₹2,870.21 crore in the previous quarter. Revenue, net of excise duty, increased 1.4% to ₹8,071.2 crore from ₹7,958.1 crore. EBITDA declined 26.5% QoQ to ₹3,001 crore from ₹4,084 crore, while EBITDA margin contracted to 37.2% from 51.3% in the preceding quarter. The company has declared an interim dividend of ₹7 per share, equivalent to 70% of its paid-up capital, for the financial year 2026-27. The dividend will be paid on or before December 12, 2026.
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