Stocks to Watch for November 12: Tata Power, Bajaj Finance, Mishra Dhatu, Life insurers and more
Résumé détaillé
From Tata Power, Mishra Dhatu Nigam and DCX Systems to Triveni Turbine and Bajaj Finance, here are the stocks to watch on Thursday, November 12.
Tata Power | Tata Power reported a 48.6% year-on-year increase in net profit to ₹1,366 crore in the second quarter of FY27, compared with ₹919 crore in the corresponding quarter last year. Revenue rose 27.1% to ₹19,636 crore from ₹15,444 crore, while EBITDA increased 11.1% to ₹3,667 crore from ₹3,302 crore. However, the EBITDA margin declined to 18.7% from 21.2% in the year-ago period. The company also reported a one-time gain of ₹119.2 crore in Q2 FY27. Separately, Tata Power has approved an investment of ₹11,871 crore for the development of a 1,800 MW pumped storage project in Maharashtra.
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