Top Stocks to Watch on October 29: Kfin Technologies, JSW Infrastructure, Suzlon Energy, Indraprastha Gas, Gillette India, Northern Arc Capital

Top Stocks to Watch on October 29: On Tuesday, the Indian Stock market began the day on a flat note as indicated by Gifty Nifty which was trading 10 points higher than Nifty 50.

On October 29, there are some stocks to watch, these stocks are Kfin Technologies, JSW Infrastructure, Suzlon Energy, Indraprastha Gas, Gillette India, and Northern Arc Capital.

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Kfin Technologies

The financial services company reported that its revenue went up by 18% to Rs 280 crore against Rs 238 crore in same quarter previous year while EBIT hiked by 29% to Rs 110 crore, with an EBIT margin of 39.2% against a year ago period of 35.8%. The company’s net profit went up by 31% to Rs 89 crore from Rs 68 crore.

JSW Infrastructure

Private sector infrastructure company reported that its revenue grew by 18.04% to Rs 1,001.36 crore from Rs 848.31 crore while Ebitda went up by 15.12% to Rs 520.54 crore along with a margin of 51.98% against 53.3%.

The company’s net profit went up by 40.04% to Rs 373.73 crore from Rs 266.87 crore, a year agp period.

Suzlon Energy

The renewable energy solutions provider revenue grew by 48% to Rs 2,103.38 crore from Rs 1,421.43 crore while Ebitda hiked by 31% to Rs 294.18 crore, with a drop in profit to 14% compared to 15.8% pervious year.

The company’s net profit grew by 96% to Rs 200.60 crore from Rs 102.29 crore.

Indraprastha Gas

The natural gas distribution company reported that its revenue went up by 5.1% to Rs 3,697.60 crore against Rs 3,520.60 crore while the Ebitda decreased by 8% to Rs 534.88 crore, with a drop in profit of 14.5% compared to 16.% precious year.

The company’s net profit decreased by 5% to Rs 454.17 crore against Rs 480.22 crore.

Gillette India

The company’s revenue grew by 17% to Rs 782 crore against Rs 668 crore while the Ebitda went up by 38% to Rs 190 crore with an Ebitda margin of 24.4% compared to 20.6%.

The company’s net profit went up by 43% to Rs 133 crore against Rs 93 crore.

Northern Arc Capital

The Non-Banking Finance Company total income increased by 34% to Rs 574 crore against Rs 427 crore.

The company’s net profit went up by 53% to Rs 112 crore from Rs 73 crore.

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