Top Stocks to Watch on November 14: Eicher Motors, Vodafone Idea (Vi), NBCC (India), Goodluck India, Tata Motors, PFC, Swiggy, Samhi Hotels

Top Stocks to Watch on November 14: The Indian stock market benchmark Nifty 50 and Sensex is expected to begin the day on a lower note because of mixed global issues.

On Wednesday, BSE Sensex closed at 77,690 levels, down by 984 points while the NSE Nifty50 closed at 23,559 levels, down by 324 points.

On November 14, Thursday, there are stocks to watch which can perform well today. These stocks are Eicher Motors, Vodafone Idea (Vi), NBCC (India), Goodluck India, Tata Motors, PFC, Swiggy, and Samhi Hotels.

Also Read: Delhi Chokes for Second Day as AQI Crosses 400, Remains in ‘Severe’ Zone

Eicher Motors

The Royal Enfield manufacturer reported an increase in net profit of 8.3% to Rs 1,100 crore in the second quarter against Rs 1,016 crore in the same period of FY24.

Eicher Motors' revenue from operations stood at Rs 4,263 crore, compared to Rs 4,115 crore in the same period last year.

Vodafone Idea

The telecom service provider reported that its net profit declined to Rs 7,175.9 crore against Rs 8,737 crore in the corresponding quarter previous year. The company's net loss of 11.5% is higher than the Rs 6,432 crore loss recorded in Q1.

NBCC

The company’s consolidated net profit increased by 53% to Rs 125.13 crore for the quarter against Rs 81.90 crore in the same period last year.

Goodluck India

The steel manufacturer reported that its profit after tax increased by 30% to Rs 45.06 crore in the second quarter against Rs 34.70 crore in the same period last year.

Tata Motors

The global automobile manufacturer Tata Motors is facing tough times after JSW MG Motor India launched the new MG Windsor, which is gathering momentum.

Power Finance Corporation

PFC CMD Parminder Chopra reported that the board has decided not to approve loans to the Shapoorji Pallonji group because it does not support taking "high-end exposure."

Swiggy

On Wednesday, shares of the food delivery platform were listed with a 17% gain on its stock market debut. The shares of the company closed at Rs 456, above the issue price of Rs 390.

Samhi Hotels

Samhi Hotels and Marriott International have formed an agreement to build three new hotels comprising more than 568 rooms across India.

Also Read: Top Stocks to Watch on November 13: Hyundai Motor India, Nykaa, Sula Vineyards, BSE, Reliance Industries (RIL), MTNL, SBI