Stocks in news: Bajaj Finance, Maruti, Tata Motors, SBI Card, Suzlon Energy

Domestic markets witnessed volatility but managed to close in positive territory, taking a breather after Monday’s decline. In today's trade, shares of Bajaj Finance, Maruti, Tata Motors, SBI Card, Suzlon Energy among others will be in focus due to various news developments and third quarter results.

Bajaj Finance, Maruti, Tata Motors, Adani Power and Ambuja Cements
Shares of Bajaj Finance, Maruti, Tata Motors, Adani Power and Ambuja Cements will be in focus as the companies will announce their third quarter results today.

Motilal Oswal
Motilal Oswal Financial Services (MOFSL) reported a 14% year-on-year decline in its December quarter consolidated net profit at Rs 565 crore versus Rs 660 crore reported in the year ago period.

Bajaj Auto
Bajaj Auto reported 3% year-on-year (YoY) growth in its standalone net profit at Rs 2,109 crore for the quarter ended December 2024 while revenue from operations increased 6% to Rs 12,807 crore.

Mahindra Finance
Mahindra Finance's Q3FY25 profit increased by 63% YoY to Rs 899 crore. Meanwhile, assets under management (AUM) rose 19% YoY to Rs 1.15 lakh crore.

Hyundai Motor
Hyundai Motor India reported an 18% year-on-year fall in its December quarter consolidated net profit at Rs 1,161 crore versus Rs 1,425 crore posted in the year ago period.

Suzlon Energy
Suzlon Energy's net profit jumped over 90% year-over-year (YoY) to Rs 386.92 crore for the third quarter ended December 2024, while its revenue grew by more than 91% YoY to Rs 2,969 crore.

JSW Steel
JSW Steel extended long stop date for acquisition Of 92.19% stake of Minas de Revuboe buyout to June 30 from January 31.

Piramal Pharma
Piramal Pharma's net profit fell 63% YoY to Rs 3.7 crore in the third quarter, while revenues stood at Rs 2,204 crore in the same period.

JSW Energy
JSW Energy reported a 32% year-on-year drop in net profit for the third quarter at Rs 157.5 crore, compared with Rs 232 crore in the last year period.

BHEL
BHEL reported a net profit of Rs 135 crore in the December quarter, revenue from operations jumped 32% YoY to Rs 7,277 crore in the same period.

MGL
MGL posted a net profit of Rs 225 crore in the October-December 2024 period. Revenue from operations in the same period stood at Rs 1758 crore.

SBI Card
SBI Card's net profit fell 30% YoY to Rs 383 crore, while net interest income is down about Rs 3,790 crore in the last year period.

Religare Enterprises
Sebi has returned a letter from US based investors Digvijay Laxmansinh Gaekwad and Danny Gaekwad Developments & Investments, Florida which sought the market regulator's approval to submit a competing open offer for equity shares of Religare Enterprises.