Tata Motors, Maruti Suzuki, Tech Mahindra, HDFC and other hot stocks on February 2

Feb 2, 2022

By: c-rounak.jain@timesinternet.in

Credit: BCCL

Tata Motors

Reported its best sales month ever with a 51 percent surge in January 2022 at 40,777 units, when compared to the same period last year.

Credit: Tata Motors

Tata EV sales vroom

Its electric car sales shot up 463 percent to 2,892 units.

Credit: Tata Motors

Maruti Suzuki

Reported a decline of 7.25 percent in its sales, at 1,28,924 units in the first month of 2022 as against 1,39,002 units a year ago.

Credit: BCCL

Tech Mahindra

Reported a marginal increase in net profit to ₹1,378 crore in the December quarter as against ₹1,341 crore in the previous quarter. Revenue rose over 5 percent to ₹11,451 crore.

Credit: Tech Mahindra

Future Retail

Missed its December 31 payment deadline under the One Time Resolution agreement for an amount of ₹3,495 crore.

Credit: BCCL

HDFC

The private lender will declare its December quarter results today.

Credit: HDFC

Adani Ports

Net profit fell nearly 6 percent to ₹1,472 crore in the December quarter while revenue increased by a marginal 1 percent to ₹3,797 crore, year-on-year.

Credit: Adani Ports

Bajaj Auto

Reported a 15 percent fall in sales in January 2022, with 3,63,443 units sold as against 4,25,199 units a year ago.

Credit: Bajaj Auto

Earnings today

HDFC, Adani Green, Jubilant FoodWorks, M&M Financial Services, Tata Consumer, Windlas Biotech, Zee Entertainment, Balrampur Chini, Adani Total Gas, Apollo Tyres, among others.

Credit: Pixabay

Laxmi Organic

Reported over 80 percent increase in net profit to ₹82 crore in the December quarter while revenue nearly doubled to ₹860 crore from ₹436 crore, year-on-year.

Credit: Laxmi Organic

Auto stocks, Bank stocks, Tata Motors, BPCL and other hot stocks on February 1, with an eye on Budget 2022