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:
HDFC Bank, Hindustan Unilever, Bharat Petroleum Corporation, Coforge, Elecon Engineering, Go Digit General Insurance, Gravita India, Heritage Foods, HUDCO, Laxmi Organic Industries, Nuvoco Vistas Corporation, Persistent Systems, Pidilite Industries, Polycab India, Tata Communications, Ujaas Energy, and Zensar Technologies will release quarterly earnings scorecard on January 22.
India Cements Q3 (Standalone YoY)
Net loss widens significantly to Rs 428.8 crore Vs loss of Rs 16.5 crore
Revenue drops 16.5% to Rs 903.2 crore Vs Rs 1,081.9 crore
Exceptional loss of Rs 190 crore Vs exceptional gain of Rs 26.2 crore
Dalmia Bharat Q3 (Consolidated YoY)
Profit sinks 75.2% to Rs 66 crore Vs Rs 266 crore
Revenue drops 11.7% to Rs 3,181 crore Vs Rs 3,604 crore
EBITDA plunges 34.4% to Rs 511 crore Vs Rs 779 crore
Margin falls sharply to 16.1% Vs 21.6%
Tata Technologies Q3 (Consolidated YoY)
Profit falls 0.9% to Rs 168.6 crore Vs Rs 170.2 crore
Revenue rises 2.2% to Rs 1,317.4 crore Vs Rs 1,289.5 crore
EBITDA declines 1.07% to Rs 234 crore Vs Rs 236.6 crore
Margin slips 50 bps to 17.8% Vs 18.3%
IndiaMART InterMESH Q3 (Consolidated YoY)
Profit soars 47.9% to Rs 121 crore Vs Rs 81.8 crore
Revenue grows 16.05% to Rs 354.3 crore Vs Rs 305.3 crore
EBITDA spikes 61.3% to Rs 138.2 crore Vs Rs 85.7 crore
Margin zooms to 39% Vs 28%
Cyient DLM Q3 (Consolidated YoY)
Profit tanks 40.4% to Rs 10.99 crore Vs Rs 18.44 crore
Revenue grows 38.4% to Rs 444.2 crore Vs Rs 321 crore
EBITDA declines 4.4% to Rs 28.1 crore Vs Rs 29.4 crore
Margin drops to 6.3% Vs 9.1%
Jana Small Finance Bank Q3 (YoY)
Profit declines 17.8% to Rs 110.7 crore Vs Rs 134.6 crore
Net interest income grows 8% to Rs 592.6 crore Vs Rs 548.5 crore
Gross NPA drops to 2.80% Vs 2.97% (QoQ)
Net NPA falls to 0.94% Vs 0.99% (QoQ)
KEI Industries Q3 (Consolidated YoY)
Profit grows 9.4% to Rs 164.8 crore Vs Rs 150.7 crore
Revenue grows 19.8% to Rs 2,467.3 crore Vs Rs 2,059.4 crore
Board re-appoints Rajeev Gupta as Executive Director (Finance) & CFO of the company for 5 years, effective June 1, 2025
Rossari Biotech Q3 (Consolidated YoY)
Profit declines 7.85 to Rs 31.7 crore Vs Rs 34.4 crore
Revenue grows 10.6% to Rs 512.7 crore Vs Rs 463.8 crore
Tanla Platforms Q3 (Consolidated YoY)
Profit drops 15.4% to Rs 118.5 crore Vs Rs 140.1 crore
Revenue declines 0.2% to Rs 1,000.4 crore Vs Rs 1,002.6 crore
PNB Housing Finance Q3 (Standalone YoY)
Profit zooms 36% to Rs 471.4 crore Vs Rs 346.5 crore
Revenue grows 10% to Rs 1,922.8 crore Vs Rs 1,748 crore
Stock To Watch
The company has received a work order worth Rs 46.79 crore from North Western Railway for signalling.
The International Finance Corporation has sanctioned a $100 million sustainability-linked loan to JK Tyre. The funding includes $30 million for JK Tyre & Industries and up to $70 million for Cavendish Industries (CIL), a subsidiary of JK Tyre.
The Board has approved a capital expenditure of Rs 342 crore for increasing the peptide synthesizer reactor capacity from 0.5 KL to 6.37 KL in Unit-1 and building an additional capacity of 52 KL in Unit-3.
Aditya Birla Fashion and Retail
The company announced the completion of a fundraise through a qualified institutional placement (QIP) of equity shares amounting to Rs 1,860 crore. The Board has approved the allotment of 6.85 crore equity shares to eligible qualified institutional buyers (including Amansa Holdings, SBI Life Insurance, Quant Mutual Fund, HDFC Life Insurance, BofA Securities Europe SA, Maybank Securities, and Aditya Birla Sun Life Trustee) at a price of Rs 271.3 per share.
The real estate developer has received call money on the first and final call aggregating to Rs 994.74 crore for the rights share issue.
Wendt GmbH is going to divest its entire ownership interest of 37.5% in the company through one or more transactions in the secondary market. Further, the company has entered into a Trademark Assignment Agreement with Wendt GmbH to acquire the absolute ownership of the 'Wendt' brand and trademarks, with over 60 registrations in 40 countries, owned by Wendt GmbH, for 3.8 million euros.
Bulk Deals
Incred Asset Management sold 1,81,577 equity shares in the company at an average price of Rs 325.22 per share. However, Suchita Sunil Manohar bought 1.42 lakh shares at an average price of Rs 326.59 per share.
SME Listing on January 22
Kabra Jewels, Rikhav Securities
Stocks Trade Ex-Dividend
Havells India, Bhansali Engineering Polymers, Anzen India Energy Yield Plus Trust
F&O Ban
Dixon Technologies, Mahanagar Gas, Aditya Birla Fashion & Retail, Angel One, Bandhan Bank, Can Fin Homes, Kalyan Jewellers, L&T Finance, Manappuram Finance, RBL Bank
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