SUMMARY
From Avenue Supermarts, PCBL, Just Dial reacting to their respective results to Biocon’s facility inspection outcome, these are some of the top stocks to watch out for ahead of Monday’s trading session on January 13.
Avenue Supermarts | Net profit up 4.8% to ₹723.7 crore. Revenue up 17.7% to ₹15,973 crore as shared in the business update. EBITDA up 8.7% to ₹1,217.3 crore. EBITDA margin at 7.6% from 8.3% last year. Anshul Asawa appointed as CEO Designate from March 15, 2025. Navil Noronha to complete his current term of five years as MD on January 31, 2026.
Just Dial | Net profit up 42.7% to ₹131.3 crore. Revenue up 8.4% to ₹287.3 crore. EBITDA up 44% to ₹86.6 crore. EBITDA margin at 30.1% from 22.7%.
PCBL | Net profit down 39.1% to ₹93.1 crore. Revenue up 21.3% to ₹2,010 crore. EBITDA up 13.7% to ₹317.4 crore. EBITDA margin at 15.8% from 16.9% last year. Declares interim dividend of ₹5.5 per share, record date for which has been fixed as January 16, 2025.
Adani Wilmar | Adani Commodities to exercise oversubscription of the OFS for another 1.51% stake. OFS to open for retail investors on Monday.
Waaree Energies | To acquire 100% stake in Enel Green Power India from Enel Green Power Development for ₹792 crore.
Indian Overseas Bank | Invites bids to sell 46 NPA accounts worth ₹11,433 crore. Eligible ARCs and other transferees can submit their EOIs by January 18, 2025. e-Auction of the 46 NPA accounts scheduled for January 30, 2025.
Biocon | USFDA classifies Biocon Biologics’ site in Johor, Malaysia as Voluntary Action Indicated (VAI). cGMP inspection conducted between September 15-27, 2024.