Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, and order wins, here’s a quick look at which stocks will be in focus in today's trade:
Bajaj Auto, Cipla, Hyundai Motor India, Indian Oil Corporation, BHEL, Bosch, JSW Energy, JSW Infrastructure, CG Power and Industrial Solutions, Colgate Palmolive, CSB Bank, Exide Industries, GMR Airports, Hindustan Zinc, Home First Finance Company, Le Travenues Technology, Mahindra & Mahindra Financial Services, Mahanagar Gas, Motilal Oswal Financial Services, Novartis India, Piramal Pharma, RITES, Route Mobile, R R Kabel, SBI Cards and Payment Services, SIS, Star Health and Allied Insurance Company, Baazar Style Retail, Suzlon Energy, TTK Prestige, TVS Motor Company, and UTI AMC will announce their quarterly earnings on January 28.
Tata Steel Q3 (Consolidated YoY)
Profit plunges 43.4% to Rs 295.5 crore Vs Rs 522.1 crore
Revenue declines 3% to Rs 53,648.3 crore Vs Rs 55,311.9 crore
EBITDA falls 5.7% to Rs 5,903.5 crore Vs Rs 6,263.6 crore
Margin drops 30 bps to 11% Vs 11.3%
Exceptional loss at Rs 126.2 crore Vs loss at Rs 334.13 crore
Coal India Q3 (Consolidated YoY)
Profit declines 17.5% to Rs 8,491.2 crore Vs Rs 10,291.7 crore
Revenue falls 1% to Rs 35,779.8 crore Vs Rs 36,154 crore
EBITDA drops 5% to Rs 12,317.2 crore Vs Rs 12,970.7 crore
Margin slips 150 bps to 34.4% Vs 35.9%
Kaynes Technology India Q3 (Consolidated YoY)
Profit surges 47% to Rs 66.5 crore Vs Rs 45.2 crore
Revenue increases 29.8% to Rs 661.2 crore Vs Rs 509.3 crore
EBITDA zooms 34.6% to Rs 94 crore Vs Rs 69.9 crore
Margin jumps 50 bps to 14.2% Vs 13.7%
Bajaj Housing Finance Q3 (YoY)
Profit grows 25% to Rs 548 crore Vs Rs 437 crore
Net interest income increases 25% to Rs 806 crore Vs Rs 645 crore
Emami Q3 (Consolidated YoY)
Profit rises 7% to Rs 279 crore Vs Rs 260.7 crore
Revenue increases 5.3% to Rs 1,049.5 crore Vs Rs 996.3 crore
EBITDA jumps 7.6% to Rs 338.7 crore Vs Rs 314.87 crore
Margin expands 70 bps to 32.3% Vs 31.6%
Piramal Enterprises Q3 (Consolidated YoY)
Profit at Rs 39 crore Vs loss of Rs 2,378 crore
Net interest income grows 13% to Rs 940 crore Vs Rs 835 crore
360 ONE WAM Q3 (Consolidated YoY)
Profit zooms 43.9% to Rs 276.5 crore Vs Rs 192.1 crore
Revenue increases 20.7% to Rs 759.8 crore Vs Rs 629.8 crore
Company enters into definitive agreement to acquire Batlivala & Karani (B&K) Securities, subject to regulatory approvals
Prudent Corporate Advisory Services Q3 (Consolidated YoY)
Profit jumps 35% to Rs 48.2 crore Vs Rs 35.7 crore
Revenue grows 35.8% to Rs 285 crore Vs Rs 209.9 crore
Indraprastha Gas Q3 (Standalone QoQ)
Profit sinks 33.7% to Rs 285.8 crore Vs Rs 431.1 crore
Revenue grows 1.7% to Rs 3,759 crore Vs Rs 3,697.3 crore
EBITDA falls 32.1% to Rs 363.6 crore Vs Rs 535.9 crore
Margin drops sharply to 9.7% Vs 14.5%
Federal Bank Q3 (Standalone YoY)
Profit declines 5.1% to Rs 955.4 crore Vs Rs 1,006.7 crore
Net interest income rises 14.5% to Rs 2,431.3 crore Vs Rs 2,123.4 crore
Provisions and contingencies spike to Rs 292.33 crore Vs Rs 91.22 crore
Provisions and contingencies jump to Rs 292.33 crore Vs Rs 158.35 crore (QoQ)
Gross NPA falls to 1.95% Vs 2.09% (QoQ)
Net NPA drops to 0.49% Vs 0.57% (QoQ)
Updater Services Q3 (Consolidated YoY)
Profit zooms 51.7% to Rs 31.2 crore Vs Rs 20.5 crore
Revenue grows 9.3% to Rs 694.9 crore Vs Rs 636 crore
Railtel Corporation of India Q3 (YoY)
Profit rises 4.7% to 65.05 crore Vs Rs 62.1 crore
Revenue increases 14.85% to Rs 767.6 crore Vs Rs 668.4 crore
Union Bank Of India Q3 (Standalone YoY)
Profit zooms 28.2% to Rs 4,603.6 crore Vs Rs 3,589.9 crore
Net interest income rises 0.8% to Rs 9,240.3 crore Vs Rs 9,168 crore
Provisions and contingencies plunge to Rs 1,599.1 crore Vs Rs 1,747.8 crore
Provisions and contingencies fall to Rs 1,599.1 crore Vs Rs 1,712.2 crore (QoQ)
Gross NPA drops to 3.85% Vs 4.36% (QoQ)
Net NPA declines to 0.82% Vs 0.98% (QoQ)
Prataap Snacks Q3 (YoY)
Loss stands at Rs 37.9 crore Vs profit of Rs 10.8 crore
Revenue grows 8.9% to Rs 444.6 crore Vs Rs 408.3 crore
Mahindra Logistics Q3 (Consolidated YoY)
Loss narrows to Rs 9.03 crore Vs loss of Rs 17.4 crore
Revenue grows 14.1% to Rs 1,594.2 crore Vs Rs 1,397.2 crore
Petronet LNG Q3 (Standalone QoQ)
Profit rises 2.3% to Rs 867 crore Vs Rs 847.6 crore
Revenue declines 6.1% to Rs 12,227 crore Vs Rs 13,021.8 crore
Company to sign definitive agreement with Deepak Phenolics for sale & purchase of propylene & hydrogen
Maharashtra Seamless Q3 (Consolidated YoY)
Profit tanks 32.6% to Rs 186.1 crore Vs Rs 276.2 crore
Revenue declines 1.6% to Rs 1,408.1 crore Vs Rs 1,431.1 crore
Board appoints Arup Mandal as Chief Financial Officer of the company, effective January 27
Board reappoints Saket Jindal as Managing Director of the company for five years, effective April 1, 2025
Aditya Birla Sun Life AMC Q3 (Consolidated YoY)
Profit grows 7.2% to Rs 224.5 crore Vs Rs 209.3 crore
Revenue zooms 30.4% to Rs 445.1 crore Vs Rs 341.5 crore
Stocks To Watch
The company's subsidiary, TP Solar, has signed a contract worth Rs 455 crore with Maharashtra State Power Generation Company to supply 300 MWp ALMM modules for the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0 project.
FrieslandCampina has selected Wipro to manage its core IT services for a period of five and a half years.
The company has raised Rs 1,300 crore by allotting 8.66 crore equity shares to qualified institutional buyers (including Smallcap World Fund, Societe Generale, Citigroup Global Markets Mauritius, Shine Star Build Cap, and Morgan Stanley Asia Singapore) at a price of Rs 150 per share.
The company has secured a purchase order from Bharat Heavy Electricals (BHEL) for the supply of advanced, high-complexity rotating airfoils for supercritical turbines.
The real estate development company has signed an agreement for a large industrial park in Ahmedabad, with a total estimated area of 440 acres and a topline potential of Rs 1,350 crore.
Bank of Baroda has executed a business transfer agreement with Bank Dhofar to transfer the business undertaken by its Oman branch to Bank Dhofar.
Bharat Aggarwal has resigned from the position of Business Head of Unsecured Lending at the company, effective January 27.
Bulk Deals
Porinju Veliyath's Equity Intelligence India has acquired a 0.5% stake in the company at an average price of Rs 234.63 per share.
Stock Trades Ex-Date for Split
Mazda
Stocks Trade Ex-Dividend
Wipro, Zensar Technologies, Tips Music, Wendt (India), Mangalam Industrial Finance
Stock Trades Ex-Date for Income Distribution (InvIT)
IndiGrid Infrastructure Trust
F&O Ban
IndiaMART InterMESH, Manappuram Finance, Mahanagar Gas, Punjab National Bank
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