Stocks to Watch: ITC, Tata Motors, Infosys and Others in News

Here are the key stocks to watch on August 2:ITC: The company reported a marginal decline in consolidated net profit to Rs 5,176.99 crore in the April-June quarter of FY25 as against Rs 5,189.61 crore in the year-ago period. Its revenue from operations increased 7.45 per cent to Rs 20,029.60 crore in June quarter compared to Rs 18,639.48 crore in the corresponding quarter of previous fiscal. FMCG – Others and Cigarettes delivered resilient performance amidst subdued demand conditions, the company said.Adani Enterprises: The flagship company of Adani Group reported consolidated net profit of Rs 1,458 crore in April-June quarter, up 116 per cent from Rs 675 crore in the same period of previous fiscal. The company posted a 3.6 times growth in earnings before interest, taxes, depreciation and amortization (EBITDA) to Rs 1,642 crore on growth in solar manufacturing and wind turbine businesses. Total income rose 13 per cent to Rs 26,067 crore.Tata Motors: The auto major reported a 74 per cent growth in consolidated net profit to Rs 5,566 crore in the June quarter compared to Rs 3,203 crore in the year-ago quarter.  Its total income increased to Rs 1,09,623 crore for the reported quarter against Rs 1,03,597 crore in the June quarter of the previous financial year, Tata Motors said in a regulatory filing.

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