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Stocks to watch today: The share price of Azad Engineering, Amara Raja Energy & Mobility Ltd, Tilaknagar Industries, NMDC and more firms are trending high on November 5, 2024 (Tuesday).
Trending Stocks on Nov 5, 2024: Tilaknagar Industries, Amara Raja (Pic: Depositphotos)
Mumbai: The share price of Tilaknagar Industries, Amara Raja Energy & Mobility Ltd, NMDC, Azad Engineering and more companies are in news on November 5, 2024 (Tuesday).
Tilaknagar Industries share price
Tilaknagar Industries share price jumped nearly 13 percent to Rs 328.50 per equity share after the company reported strong earnings in Q2 Results 2024-25. In its second quarter ending September 2024 (Q2 FY25) financials, the company reported revenue of Rs 823.3 crore as against 9.7 percent and a year-over-year (YoY) increase of 23.8 percent. The company’s EBITDA was recorded at Rs 68.33 crore in September 2024, an upside of 36.82 percent from Rs 49.94 crore in the second quarter of 2023-24. Tilaknagar Industries EPS rose to Rs 2.99 in September 2024 as against Rs 2.06 in July-September quarter of the previous financial year.
Azad Engineering share price
Azad Engineering share price appreciated 5 per cent to rs 1663 per equity share today morning. The stock has been gainsing since November 4 as the company sealed a deal for a Long-Term Contract & Price Agreement (LTCPA) with Mitsubishi Heavy Industries Limited (MHI), Japan, to supply highly engineered, complex rotating and stationary airfoils for advanced gas and thermal power turbine engines.
NMDC share price
NMDC shares were in green and gained over 2 per cent to Rs 231.62 per equity share. The stock has surged over 44 per cent in the last one year.
Amara Raja share price
Amara Raja share price went down by over 5 per cent to Rs 1,312. The stock dropped a day after the company declared its Q2 Results 2024-25. The firm mentioned that its standalone net profit increased 6.32 percent over the year-ago period to Rs 240.71 crore. Its revenue rose 11.55 percent year-on-year to Rs 3,135.83 crore.
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
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