Stocks to Watch on June 13: L&T Finance, Nestle, Sobha, Whirlpool, Torrent Pharma

Stocks to Watch on June 13: L&T Finance, Nestle, Sobha, Whirlpool, Torrent Pharma

L&T Finance

Results: Q4FY23 net profit up 43% YoY to ₹1,128 crore
Loan growth: 19% YoY to ₹1.52 lakh crore
Asset quality improves: Gross NPA down to 2.3% from 2.8%
Outlook: Reduction in wholesale funding to drive margins

Nestle

Results: Q1FY23 revenue up 16% YoY to ₹4,000 crore
Volume growth: 13.2% YoY
Price hikes boost margins: EBITDA margin expands to 24.1% from 22.9%
Outlook: Inflationary pressures remain, but demand outlook strong

Sobha

Results: Q4FY23 sales value up 22% YoY to ₹1,213 crore
Bookings: 15% YoY growth to ₹1,154 crore
Launch of new projects: Strong pipeline of residential and commercial projects
Outlook: Real estate market outlook remains positive

Whirlpool

Results: Q4FY23 revenue up 14% YoY to ₹2,517 crore
Volume growth: 10% YoY
Supply chain constraints ease: Production ramps up
Outlook: Raw material costs and inflationary pressures to moderate

Torrent Pharma

Results: Q4FY23 revenue up 11% YoY to ₹2,320 crore
Growth in domestic and international markets
Debt reduction: Net debt down to ₹2,400 crore
Outlook: Expanding product portfolio to drive growth

Other Stocks to Watch

Cipla: Q4FY23 results expected
HDFC Life: Q1FY23 results expected
HDFC AMC: Q1FY23 results expected
UltraTech Cement: Q4FY23 results expected
Maruti Suzuki: Monthly sales numbers for May

Disclaimer: This information is for educational purposes only and should not be taken as investment advice. Consult with a qualified financial advisor before making any investment decisions.