Stocks To Watch Today: RIL, Infosys, Axis Bank, LTI Mindtree, BPCL And KPI Green Energy

Reliance Industries Ltd., Infosys Ltd., Axis Bank Ltd., LTI Mindtree Ltd. and Bharat Petroleum Corp. are some of the stocks that will be on the radar on Friday.

• Reliance Industries: The company announced its consolidated quarter-on-quarter, third-quarter earnings on Thursday. In the third quarter, RIL's net profit was up 13.5% at Rs 21,930 crore compared to the previous quarter's Rs 19,323 crore. The firm's revenue shot up 4% at Rs 2.39 lakh crore compared to Rs 2.32 lakh crore in the year ago period.

• Infosys: In the third quarter, Infosys' net profit was up 4.6% at Rs 6,806 crore compared to the previous quarter's Rs 6,506 crore. The firm's revenue shot up 1.9% at Rs 41,764 crore compared to Rs 40,986 crore in the year ago period.

• Axis Bank: In the third quarter, Axis Banks' net interest income (year-on-year) was up 9% at Rs 13,606 crore compared to Rs 12,532 crore in the previous fiscal. The firm's net profit (year-on-year) went up 3.8% to Rs 6,304 crore from the previous fiscal's Rs 6,071 crore.

• Indian Railway Finance Corp: The company received 'Excellent' rating by the Ministry of Finance in memorandum of understanding performance for Fiscal 2024.

• Havells India: In the third quarter, Havells India's net profit was down 3.5% at Rs 278 crore compared to the previous quarter's Rs 288 crore. The firm's revenue shot up 10.8% at Rs 4,889 crore compared to Rs 4,414 crore in the year ago period.

• Bharat Petroleum Corp.: BPCL has signed a loan agreement worth Rs 31,802 crore with a consortium of lenders led by the State Bank of India. The funds will be used to finance planned projects at Bina.

• HFCL: The firm said that it received an order of about Rs 2,501 crore from Bharat Sanchar Nigam Ltd.

• LTI Mindtree: In the third quarter, LTI Mindtree's net profit was down 13.3% at Rs 1,086 crore compared to the previous quarter's Rs 1,252 crore. The firm's revenue shot up by 2.4% at Rs 9,660 crore compared to Rs 9,433 crore in the year-ago period.

• AIA Engineering : The company completed setting up its rubber and composite liners plant At GIDC Estate In Ahmedabad. The plant starts commercial production effective today.

• KPI Green: KPI Green Energy has provided an update on its Gujarat Urja Vikas Nigam Ltd. 50 Megawatt (75.2 Megawatt peak Direct Current + 16.9 Megawatt Wind) independent power producer hybrid project. The company aims to complete the project ahead of schedule, exceeding expectations.