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Auto stocks to be in focus: Auto companies including Tata Motors, Ashok Leyland, Bajaj Auto, Hero MotoCorp, Maruti Suzuki India, TVS Motor Company, Escorts, and Eicher Motors will be in focus ahead of monthly sales volume numbers for January 2023.

Coal India: The country's largest coal mining company recorded profit at Rs 7,719 crore for the quarter ended December FY23, rising 69 percent YoY on the back of higher add-on over the notified price in e-auction sale of 14.65 million tonnes (MTs) of coal during the quarter. Consolidated revenue grew by 24 percent YoY to Rs 35,169 crore for the quarter with strong realisation. The realisation per tonne of coal was Rs 5,046 under the auction segment, in Q3FY23 against Rs 1,947 per tonne for the comparable quarter in FY22. The jump was Rs 3,099 per tonne or 159 percent.

Great Eastern Shipping: The company reported a 205 percent year-on-year growth in consolidated profit at Rs 627.2 crore for the quarter ended December FY23 led by healthy topline and operating performance. Revenue from operations at Rs 1,421 crore increased by 51.4 percent compared to the year-ago period.

Procter & Gamble Hygiene & Health Care: The FMCG company recorded a 2.2 percent year-on-year decline in profit at Rs 207.5 crore for the quarter ended December FY23 hit by weak operating margin and muted topline growth. Revenue grew by 4 percent to Rs 1,137.4 crore compared to the year-ago period. At the operating level, EBITDA declined 2 percent YoY to Rs 290.5 crore and the margin dropped 158 bps YoY to 25.54 percent for the quarter. The company declared an interim dividend of Rs 80 per share.

RailTel Corporation of India: The company recorded a 52 percent year-on-year decline in consolidated profit at Rs 31.95 crore for the quarter ended December FY23 on a high base. The year-ago period included higher other income, which fell from Rs 56.46 crore in Q3FY22 to Rs 7.85 crore in Q3FY23. Revenue from operations grew by 9 percent YoY to Rs 454.32 crore for the quarter.

Cholamandalam Investment and Finance Company: The company recorded 31 percent year-on-year growth in profit at Rs 684 crore for December FY23 quarter. Net income jumped 22 percent YoY to Rs 1,832 crore, with disbursements rising 68 percent to Rs 17,559 crore for the quarter. Total AUM crossed the milestone of Rs 1 lakh crore at Rs 1.03 lakh crore, up 31 percent YoY. Despite high inflation and high interest rates, strong festive season sales and workforce returning to metro cities have helped drive growth.

Sterlite Technologies: The company has signed an agreement to sell its telecom product software business via a business transfer agreement by way of slump sale as a going concern to Skyvera through its Indian subsidiary. The company will receive $15 million from the sale of the telecom product software business. Skyvera LLC is an affiliate of TelcoDR, which is a US-headquartered global acquirer of telecommunication software businesses.