Stocks in news: Stocks in news: Titan, Asian Paints, Power Grid, Nestle, Gland Pharma

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Markets began the week on a weak note, influenced by global cues, and declined by over half a percent. In today's trade, shares of Titan, Asian Paints, Power Grid, Nestle, Gland Pharma among others will be in focus due to various news developments and third quarter results.

Titan, Asian Paints, Tata Power
Shares of Titan, Asian Paints, Tata Power will be in focus as the companies will announce their quarterly results later today.


GRSE
Garden Reach Shipbuilders Engineers (GRSE) reported 11% year-on-year (YoY) growth in its net profit at Rs 98 crore for the quarter ended December 2024. The same stood at Rs 88 crore in the year-ago period.

Power Grid
Power Grid Corp missed third-quarter profit estimates, largely because of sluggish power demand. The state-run energy transmission company's consolidated net profit fell 4% to Rs 3862 crore.


Nestle India
Packaged foods maker Nestle SA is evaluating bringing its global partnership with Starbucks Corporation to India to develop and sell Starbucks' ready-to-drink coffees in the retail market outside cafes.

BPCL
BPCL has increased its capital spending target for 2025-26 by 42% YoY to Rs 18,500 crore as it expands its refining and petrochemical capacity.Gland Pharma
Gland Pharma posted a net profit of Rs 205 crore in the third quarter, while revenues stood at Rs 1,384 crore in the same period.Central Bank Of India
Central Bank Of India signed a co-lending partnership With Vastu Housing Finance to offer MSME loans at competitive rates.

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