Stocks in news: Bajaj Auto, Suzlon Energy, IRCTC, IndusInd Bank, SAIL

Markets traded subdued within a narrow range with a negative bias on Wednesday, continuing the ongoing consolidation phase. In today's trade, shares of Bajaj Auto, Suzlon Energy, IRCTC, IndusInd Bank, SAIL among others will be in focus due to various news developments and fourth quarter results.

IRCTC
Indian Railway Catering And Tourism Corporation (IRCTC) reported a 26% year-on-year growth in its Q4FY25 consolidated net profit at Rs 358 crore versus Rs 284 crore in the year ago period.

Bajaj Auto, Samvardhana Motherson, Suzlon
Shares of Bajaj Auto, Samvardhana Motherson and Suzlon will be in focus as the companies will announce their fourth quarter results today.


IndusInd Bank
Capital markets regulator Sebi has passed an ex-parte interim order against five senior executives including former CEO of IndusInd Bank in an insider trading case.

SAIL
SAIL reported an 11% rise in net profit to Rs 1,251 crore and a 4.9% increase in revenue to Rs 29,316 crore in Q4, compared to Rs 1,126 crore and Rs 27,958 crore respectively a year ago.

RITES
Rail India Technical and Economic Service (RITES) entered into an MoU with Shree Cement for development of rail infra and allied services.

Avanti Feeds
Avanti Feeds reported a 40% jump in net profit to Rs 157 crore and a 7.9% rise in revenue to Rs 1,385 crore in Q4.

Deepak Nitrite
Deepak Nitrite reported a 20% decline in net profit to Rs 202 crore while revenue rose 2% to Rs 2,180 crore in Q4.