Stocks to watch on Nov 5: BSE, Apollo Hospitals, Nykaa, PhysicsWallah, and more

Indian equity benchmarks closed higher for the fifth straight session on Wednesday, November 4, with the Sensex climbing 383.55 points, or 0.5%, to end at 77.301.40 points. The Nifty rose 149.75 points, or 0.6%, to end at 23,960.60 points.

Here are some of the stocks that will be in focus on Thursday, November 5:

BSE reported a consolidated net profit of Rs 809.15 crore for the September quarter, an increase of nearly 45% from Rs 558.43 crore in the year ago quarter. The exchange’s revenue for the quarter rose 34.1% year-on-year (YoY) to Rs 1,432.6 crore.

Apollo Hospitals reported a net profit of Rs 630 crore for the September quarter, up 32.1% YoY. Its revenue rose 23% to Rs 7,615 crore from Rs 6,189 crore a year ago.

Apollo Hospitals’ earnings before interest, tax, depreciation, and amortisation (EBITDA) was at Rs 1,191 crore for the quarter, up nearly 29% YoY, while EBITDA margin expanded to 15.6% from 14.9%.

FSN E-Commerce Ventures, which operates Nykaa, posted a net profit of Rs 101 crore for the quarter, up a whopping 197.1% YoY, or nearly three times. Its revenue rose 28% to Rs 3,006 crore.

Nykaa’s EBITDA rose 65.6% to Rs 263 crore, and EBITDA margin expanded to 8.7% from 6.8% in the year ago quarter.

FMCG major Dabur India reported an 11.7% YoY rise in consolidated net profit to Rs 505 crore for the September quarter, while revenue grew 11.6% to Rs 3,563 crore from Rs 3,191 crore a year ago.

The company’s revenue and net profit marginally beat Bloomberg estimates of Rs 3,553 crore and Rs 498 crore, respectively. EBITDA, including other income, grew 10.5% to ₹804.3 crore, with the margin declining 20 basis points to 22.6%.

Torrent Power posted a net profit of Rs 820 crore for the quarter, up 13.3% YoY. Its revenue rose 24.4% to Rs 9,802 crore for the quarter.

Torrent Power’s EBITDA rose 15.5% to Rs 1,739 crore, while the EBITDA margin contracted to 17.7% from 19.1% in the year ago quarter.

Afcons Infrastructure reported a net profit of Rs 41.3 crore for the quarter, up around 61% YoY. However, its revenue fell nearly 12% to Rs 2,635 crore for the quarter.

The company’s EBITDA fell 72% to Rs 91.7 crore, and the EBITDA margin shrunk to 3.5% from 11% in the year ago quarter.

PhysicsWallah’s net profit for the quarter more than doubled to Rs 146 crore, while revenue rose 18% to Rs 1,242 crore. The company’s EBITDA was up 53% at Rs 276 crore, with margin expanding to 22.2% from 17.2%.