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Stocks in News Today
Last Updated: 17th January 2025 - 11:19 am
Our analysts at 5paisa scan through the financial markets and select the few trending stocks in the news and in the limelight for the day. Here is the list of a few trending stocks with their latest News and Updates.
Trending Stocks Today: 17-Jan-2025
1. Reliance Industries Ltd
Reliance Industries Ltd (RIL) posted a 7.4% increase in net profit for the December quarter, driven by a recovery in retail operations and higher telecom earnings. Consolidated net profit stood at ₹18,540 crore, or ₹13.70 per share, compared to ₹17,265 crore, or ₹12.76 a share, in the same period last year. Sequentially, profits rose from ₹16,563 crore in Q2 FY25.
2. LTI Mindtree
LTIMindtree recorded a 7.14% year-on-year drop in net profit, reaching ₹1,085.4 crore for the December quarter. In contrast, revenue from operations climbed 7.14% year-on-year to ₹9,660.9 crore. Sequentially, while profits dipped 13.23%, revenues saw a moderate growth of 2.41%, showcasing some resilience in its operations.
3. Infosys
Infosys reported an 11.46% year-on-year growth in consolidated net profit, reaching ₹6,806 crore in Q3 FY25. Revenue for the quarter rose 7.58% to ₹41,764 crore compared to ₹38,821 crore in the same quarter last year. The IT services giant highlighted steady business momentum in its regulatory filing.
4. Axis Bank
Axis Bank posted a 4% year-on-year rise in standalone net profit, amounting to ₹6,304 crore for the December quarter, up from ₹6,071 crore in the prior-year period. Total income climbed to ₹36,926 crore, compared to ₹33,516 crore in Q3 FY24. The bank’s interest income also grew, hitting ₹30,954 crore, a jump from ₹27,961 crore last year.
5. Havells
Havells India Ltd reported a 3.45% year-on-year drop in consolidated net profit to ₹277.96 crore for the December quarter. Despite the decline in profit, revenue from operations rose 10.76% to ₹4,888.98 crore, up from ₹4,413.86 crore a year ago. Total income, including other income, also grew by 10.81% to reach ₹4,953.31 crore.
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5paisa Research Team
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