Stocks To Watch For January 30: Tata Motors, Bajaj Finance, SRF, Blue Star, Voltas and more

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SUMMARY

From Tata Motors to Bajaj Finance and a whole host of Nifty 50 and F&O earnings, these are the stocks to watch out for ahead of Thursday's trading session.

Tata Motors share price, Tata Motors stock, Tata Motors shares, Tata Motors q2 results

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Tata Motors | Net profit down 23% to ₹5,451 crore. Revenue up 3% to ₹1.13 lakh crore Vs estimates of ₹1.16 lakh crore. EBITDA down 15% to ₹13,081 crore Vs estimate of ₹15,980 crore. EBITDA margin at 11.5% from 13.9% last year and Vs estimate of 13.7. The profit number mentioned is the profit attributable to owners, not profit after tax. For EBITDA and margin, numbers might look different from the actual release of the company as we don't factor in other income for these two numbers. JLR says on track to achieve its profitability and cash flow targets in financial year 2025. Maintain EBIT margin guidance of 8.5% or more and positive net cash.

Bajaj_Finance

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Bajaj Finance | Net profit of ₹4,308.2 crore, higher than poll of ₹4,098 crore. Net Interest Income of ₹9,382.4 crore, marginally higher than expectations of ₹9,335 crore. Net profit up 18.4% from last year, while Net Interest Income grew by 22.6%. Gross NPA at 1.12% from 1.06% in September. Net NPA at 0.48% from 0.46% in September. Provisions up 7% sequentially to ₹2,043.3 crore.

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SRF | Net profit up 7% to ₹271 crore. Revenue up 14.4% to ₹3,491.3 crore. EBITDA up 9.5% to ₹619.6 crore. EBITDA margin at 17.8% from 18.5% last year. Chemicals business revenue grew 7% to ₹1,496 crore. Packaging Films business grew 27% to ₹1,385 crore. Technical Textiles business grew 11% from last year to ₹510 crore.

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Voltas | Net profit at ₹130.8 crore, lower than CNBC-TV18 poll of ₹155 crore. Revenue at ₹3,105 crore versus estimates of ₹3,015 crore. EBITDA at ₹197.4 crore, marginally below expectations of ₹213 crore. EBITDA margin at 6.4%, lower than estimates of 7.1%. Voltas reported a net loss last year. Revenue has grown by 18.3% year-on-year.

As a bear case scenario, InCred sees the Nifty falling to levels of 21,016 with a less than 6% GDP growth, a wobbly coalition government, Brent Crude prices crossing $100 per barrel, inflation crossing 6%, poor distribution of rains and tariff barriers for exports, as per its note dated January 21.

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Nifty Earnings on Thursday | Adani Enterprises, Adani Ports, Bajaj Finserv, Bharat Electronics and L&T

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F&O Earnings On Thursday | Astral, Bank of Baroda, Biocon, CONCOR, Coromandel , Dabur, GAIL, JSPL, Kalyan Jewellers, Dr. Lal Pathlabs, Max Healthcare, Navin Fluorine, Prestige Estates, PB Fintech and Shree Cement

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