Stock Market Movers: Top Gainers & Losers on February 12
Stocks to Watch on February 12
Top Gainers:
Tata Consultancy Services:
As of February 12, at 9:45 AM, the stock is trading at Rs 3,963.55, up 1.22 per cent, with an intraday high of Rs 4,021.75.
TCS will modernize Muscat Clearing and Depository (MCD) using TCS BaNCS™ and Quartz™ to enhance Oman’s capital market. The upgrade will introduce advanced services like collateral management, risk management, and digital solutions. MCD’s CEO highlighted TCS’s expertise in market infrastructure, reinforcing its role in financial sector expansion. With a strong MEA presence, TCS continues to be a top digital transformation partner.
TCS reported Q3 FY'25 revenue of Rs 63,973 crores, up 5.6 per cent YoY, with dollar revenue at $7.54 billion, growing 3.6 per cent YoY. Operating margin improved to 24.5 per cent, net margin stood at 19.4 per cent, and EPS grew 6.4 per cent YoY. Free cash flow was $1.45 billion, with invested funds at $7.28 billion, while net cash from operations reached $1.54 billion, 105.3 per cent of net income.
Tech Mahindra
As of February 12, at 9:45 AM, the stock is trading at Rs 1,669.10, up 0.96 per cent, with an intraday high of Rs 1,689.40.
Q3 FY25 revenue stood at $1.567 billion, with constant currency growth of 1.3 per cent YoY and 1.2 per cent QoQ, though reported revenue declined due to currency fluctuations. EBIT margins improved to 10.2 per cent, driven by cost optimization under Project Fortius, while PAT reached $116 million with a 7.4 per cent margin. Free cash flow was strong at $199 million, achieving a 172 per cent PAT conversion, and DSO improved to 88 days. Deal wins totaled $745 million, with a strong pipeline across key verticals.
Infosys
As of February 12, at 9:45 AM, the stock is trading at Rs 1,875.65, up 0.86 per cent, with an intraday high of Rs 1,894.60.
Q3 FY'25 revenue grew 1.7 per cent QoQ and 6.1 per cent YoY in constant currency, driven by strong growth in Europe, India, and the Manufacturing sector. Large deals totaled $2.5 billion, with an operating margin of 21.3 per cent, while free cash flow hit a record $1.26 billion. Headcount increased by over 5,000, bringing the total workforce to 323,000 globally.
Top Losers:
Mahindra & Mahindra
As of February 12, at 9:45 AM, the stock is trading at Rs 2,967.50, down 3.84 per cent, with an intraday low of Rs 2,955.10.
Mahindra & Mahindra reported Q3 FY'25 revenue of Rs 41,470 crore, up 17 per cent YoY, while PAT rose 20 per cent to Rs 3,181 crore. YTD revenue and PAT grew 13 per cent and 20 per cent, respectively, driven by strong performance across all businesses. Consolidated PAT includes a Rs 304 crore gain from land sales, with key drivers being volume growth, market share gains, margin expansion, and new EV launches.
In January, the company produced 98,470 units, achieving sales of 82,028 units and exporting 3,404 units.
Bharat Electronics
As of February 12, at 9:45 AM, the stock is trading at Rs 257.95, down 2.68 per cent, with an intraday low of Rs 257.
In Q3 FY'25, turnover grew 23.41 per cent to Rs 14,174 crores, while PAT rose 42.34 per cent to Rs 3,183 crores, with an improved EBITDA margin of 28.07 per cent. EPS increased to Rs 4.36, and the order book stood at Rs 71,100 crores, with Rs 11,000 crores in inflows toward the Rs 25,000 crore FY'25 target. Management remains confident in achieving the target, citing multiple projects in the pipeline.
Management remains confident of achieving over 15 per cent revenue growth for FY'25, with EBITDA margins between 23-25 per cent. Order inflows are expected to exceed Rs 25,000 crores, driven by ongoing projects and new contracts.
Reliance Industries
As of February 12, at 9:45 AM, the stock is trading at Rs 1,202.10, down 2.65 per cent, with an intraday low of Rs 1,202.10.
Mumbai Indians have partnered with Oval Invincibles, expanding their global cricket footprint to seven teams across four continents. This partnership strengthens MI’s presence in England with a 49 per cent stake, pending approvals. Nita and Akash Ambani emphasized their commitment to talent development and fan engagement.
In Q3FY25, consolidated revenue and EBITDA grew 8 per cent, with PAT rising 12 per cent, driven by strong telecom tariff hikes and retail expansion. Jio’s ARPU increased to Rs 203, with 3.3 million new subscribers and a 22 per cent rise in data traffic, while its 5G customer base reached 170 million. Retail revenue crossed Rs 90,000 crores, growing 9 per cent YoY, fueled by strong festive demand, grocery B2C growth of 37 per cent, and 779 new store openings.
Disclaimer: The article is for informational purposes only and not investment advice.