Six Stocks in the News at Noon: Tata Motors, Bajaj Finance, Hitachi Energy, And More

Several stocks are making headlines in trade on Thursday amid the ongoing earnings season. From Tata Motors' disappointing results to a stellar performance by Hitachi Energy, here are six notable stocks that are in the news at noon.

Tata Motors Ltd. saw its stock tumble more than 9% early on Thursday following the release of its third-quarter results, which missed analysts' expectations. The automaker's profit fell by 22% to Rs 5,451 crore, compared to Bloomberg estimates of Rs 6,435 crore. The disappointing earnings report prompted major brokerages like Morgan Stanley and Goldman Sachs to lower their target prices for the stock.

Shares of Bajaj Finance Ltd. jumped over 6% on Thursday after the company announced strong third-quarter results, which included a 17% year-on-year increase in the consolidated net profit. Following the positive earnings report, the stock was upgraded by multiple brokerages, boosting investor confidence in the company’s performance.

The stock of Hitachi Energy India Ltd. surged nearly 20% on Thursday, hitting the upper circuit limit, after the company reported a remarkable near six-fold jump in its third-quarter net profit. The company's net profit soared to Rs 137 crore, compared to Rs 23 crore in the same period last year, driven by high order growth. Hitachi Energy’s strong performance has been bolstered by its triple-digit year-on-year order growth.

Whirlpool of India Ltd. saw its shares hit a near 10-month low on Thursday, with the stock locked in the 20% lower circuit after its parent company, Whirlpool Corp., revealed plans to reduce its stake to 20% by mid to late 2025. The appliance maker’s stock dropped in response to the news, as the parent company intends to sell its stake in one or more tranches, generating net proceeds of $550 million to $600 million.

Voltas Ltd. saw its stock decline by over 13% on Thursday despite the company reporting a recovery in its profit. The company posted a profit of Rs 132.13 crore for the third quarter, recovering from a loss of Rs 30.41 crore in the same period last year. However, the profit was below analyst expectations of Rs 158 crore, which led to a negative market reaction.

Shares of Jupiter Wagons Ltd. surged more than 12% on Thursday after the company posted a solid performance for the third quarter of fiscal 2025. The company’s net profit grew by 19.5% to Rs 97.3 crore, compared to Rs 81.4 crore for the same period last year. Jupiter Wagons also reported a 15% increase in revenue, reaching Rs 1,030 crore for the quarter, which further boosted investor sentiment.