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:
ICICI Lombard General Insurance Company, ICICI Prudential Life Insurance Company, Tata Elxsi, 5paisa Capital, Just Dial, Bank of Maharashtra, Navkar Corporation, Oriental Hotels, Sigma Solve, and Tokyo Plast International will release their quarterly earnings on January 13.
Tata Consultancy Services (TCS) Q3 (Consolidated YoY)
Profit falls 13.9% to Rs 10,657 crore Vs Rs 12,380 crore
Revenue grows 4.9% to Rs 67,087 crore Vs Rs 63,973 crore
EBIT rises 7.9% to Rs 16,889 crore Vs Rs 15,657 crore
EBIT margin expands to 25.17% Vs 24.47%
Exceptional loss stands at Rs 3,391 crore Vs Nil
TCS announces third interim dividend of Rs 11 per share & special dividend of Rs 46 per share
HCL Technologies Q3 (Consolidated YoY)
Profit drops 11.2% to Rs 4,076 crore Vs Rs 4,591 crore
Revenue jumps 13.3% to Rs 33,872 crore Vs Rs 29,890 crore
EBIT increases 8% to Rs 6,285 crore Vs Rs 5,821 crore
EBIT margin falls to 18.55% Vs 19.47%
Exceptional loss at Rs 956 crore Vs Nil
Revenue in dollar terms soars 7.4% to $3,793 million Vs $3,533 million
HCL Tech to pay interim dividend of Rs 12 per share
FY26 Guidance
HCLTech revises constant currency revenue growth guidance to 4-4.5% from 3-5%
Company raises services constant currency revenue growth guidance to 4.75-5.25% from 4-5%
EBIT margin guidance remains unchanged at 17-18%
Anand Rathi Wealth Q3 (Consolidated YoY)
Profit soars 29.6% to Rs 99.77 crore Vs Rs 76.95 crore
Revenue grows 22.2% to Rs 289.6 crore Vs Rs 237 crore
GTPL Hathway Q3 (Consolidated YoY)
Profit increases 8.2% to Rs 11 crore Vs Rs 10.17 crore
Revenue rises 5.1% to Rs 932.6 crore Vs Rs 887.3 crore
Adani Energy Solutions Q3 (YoY)
Collection efficiency remains at 101.75%
System availability remains at 99.69% levels
Company installs 18.88 lakh new meters, taking total to 92.5 lakh smart meters
Order book remains at 2.46 crore meters with a revenue potential of Rs 29,519 crore
Stocks to Watch
The Board has approved the opening of the Qualified Institutions Placement (QIP) issue on January 12, with a floor price of Rs 387.74 per share. According to CNBC-TV18, quoting sources, the issue size is likely to be around Rs 4,150 crore.
KP Group has entered into a Memorandum of Understanding (MoU) with the Gujarat government for the development of renewable energy projects worth Rs 4,000 crore in Gujarat.
Under the MoU, KP Group proposes to establish renewable energy projects with a total capacity of approximately 855 MW, comprising solar power projects and ISTS-connected wind–solar hybrid power projects.
The company has received a Letter of Acceptance from South Eastern Coalfields for a project worth Rs 4,038 crore at the Porda Chimtapani Open Cast project in Chhattisgarh.
The Board has given in-principle approval for the listing of the company’s subsidiary, NLC India Renewables (NIRL), through the dilution of up to 25% of its equity stake in one or more tranches via a public offer.
Further, the Board has announced an interim dividend of Rs 3.60 per share for FY26. The record date has been fixed as January 16 to determine the members entitled to receive the interim dividend.
Additionally, the Board approved an investment of up to Rs 66.60 crore in one or more tranches in NLC India Renewables, as and when required, to fund green energy projects to be executed through joint venture companies.
Bulk Deals
Everest Corporation has bought 2.73 lakh shares (equivalent to 1.99% of the paid-up equity) in Apollo Techno at Rs 132.6 per share, amounting to Rs 3.6 crore.
Royal Alpha Opportunity Fund, an alternate investment fund owned by Royal Alpha Growth, has acquired 79,200 equity shares (a 1.26% stake) in KV Toys India at Rs 326.27 per share, amounting to Rs 2.58 crore.
Shanti Educational Initiatives
Mauritius-based investment firm Multitude Growth Funds has picked up 10.58 lakh shares (a 0.65% stake) in Shanti Educational Initiatives at Rs 170 per share, amounting to nearly Rs 18 crore.
Investor Pankaj Prasoon has bought 1.4 lakh shares in the IT solutions company at Rs 330.14 per share, amounting to Rs 4.63 crore. Meanwhile, BNP Paribas Financial Markets sold 1.39 lakh shares at Rs 330.07 per share, amounting to Rs 4.59 crore.
SME Listing
Gabion Technologies India
Stock Trades Ex-Date for Bonus
Authum Investment & Infrastructure
Stocks in F&O ban
Sammaan Capital
SAIL
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