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The company’s EBITDA margin stood at 12% in Q3 FY25 compared to 9.8% YoY. Shares of Welspun Corp Ltd ended at ₹732.00, up by ₹11.30, or 1.57%, on the BSE.

Consumption stocks dragged the indices lower, following a mixed set of earnings from Asian Paints and Titan, with Asian Paints, Nestlé, Titan, HUL, and Britannia leading the Nifty laggards. The Nifty FMCG index ended 1.6% lower.

Shares of Eveready Industries India ended at ₹348.95, down by ₹0.100 or 0.029% on the BSE.

Tata Group’s Trent Ltd is expected to report a 40% YoY rise in Q3FY25 profit, with revenue up 35%. However, margins may see slight pressure due to Zudio’s growing contribution.

Shares of Abbott India surged 5.60% higher at ₹27,605.45 on the BSE on Tuesday. The stock reacted positively to the results, with investor sentiment remaining strong.

Despite the upbeat results, shares of the company were trading 1.1% lower today at ₹9,640 on the BSE.

Record date for the dividend payout has been fixed as February 13, 2025 and the payout will be made to shareholders on or before March 7, 2025, the company said in its exchange filing.

Pratik Gupta, CEO & Co-Head of Kotak Institutional Equities expects the primary beneficiaries of the budget to be low-ticket discretionary items rather than staples or high-end goods like jewellery.

Excluding the exceptional item, Symphony’s bottomline was still lower by 44% on a year-on-year basis to ₹28 crore from a profit of ₹50 crore during the same quarter last year.

38 analysts have coverage on Bajaj Finance, out of which 28 of them have a “buy” rating. Among those, three analysts, from Phillip Securities, CLSA and BNP Paribas, expect the stock to touch levels of ₹10,000.