Top gainers and losers today: Stocks that moved the most on January 14
Benchmark indices Nifty and Sensex closed the session with solid gains, although below their intraday highs, as a strong rally in banking, metal, and energy stocks boosted market sentiment.
Indian equity markets commenced trading on January 14 with a positive bias, snapping a four-day losing streak. NIFTY closed at 23,207.60 , up by 0.53 percent while Sensex closed at 76,499.63 , 0.22 percent higher. This upward movement was driven by investors' optimism following a cooling of CPI inflation to a four-month low of 5.22%. Sectorally, most indices traded in the green, with exceptions being IT and FMCG. The BSE Midcap index recorded a 1.5% gain, while the smallcap index saw a 1% increase. Adani Enterprises, Adani Ports, NTPC, Hindalco, and Tata Steel emerged as prominent gainers on the Nifty. Conversely, HCL Tech, HUL, Apollo Hospitals, Titan Company, and Infosys were among the notable losers.
2/11
Adani Enterprises (CMP: Rs 2,380.40 ; +6.98%) Shares of Adani Enterprises, the flagship company of the Adani Group, registered a 7 percent gain. Over the past year, the stock has seen a 52-week high of ₹3743 and a low of ₹2030, with a BSE volume of 85,370 shares traded. CARE Ratings had previously revised its outlook to stable on Adani Enterprises, in view of the indictment and civil complaint filed by the United States Department of Justice (DoJ) and United States Securities and Exchange Commission (SEC), on chairman of Adani Green Energy Solutions, Gautam Adani, who is also the chairman of Adani Enterprises and its impact on large-sized capex as well as fundraising plans of Adani Enterprises.
3/11
BSE (CMP: Rs 76,646.45 ; +0.41%) BSE shares rose over 4 percent after international brokerage Jefferies upgraded its rating on Asia's oldest bourse to 'hold'. According to the brokerage, BSE stands to benefit from strong growth tailwinds for India's capital markets. Further, the strong nominal growth in the earnings for Indian listed companies' corporate earnings acts as a powerful compounder.
4/11
Adani Energy Solutions (CMP: Rs 76,646.45 ; +12.09%) Shares of Adani Energy Solutions Ltd (AESL) jumped over 12% on January 14 after the firm announced its operational updates for the October-December quarter (Q3) of FY25. The company also announced that it has won two new projects during the quarter.
Piramal Enterprises (CMP: Rs 1,029.50 ; +8.61%) Shares of Piramal Enterprises rose more than 7 percent to Rs 1,022 on January 14 after the company announced it would receive $140 million from the sale of its Molecular Imaging business by Life Healthcare, expected to be completed by FY26. In addition to the $140 million, Piramal Enterprises may receive further payments in the coming years, based on eligible profits and future earnouts from the Imaging Group, with a maximum potential of $200 million.
6/11
MGL (CMP: Rs 1,269.90 ; +3.44%) Shares of MGL were trading higher by four percent early on the day. This comes after international broking house Morgan Stanley initiated coverage on city gas distribution player Mahanagar Gas Ltd (MGL) with an 'overweight' rating. The brokerage also issued a target price of Rs 1,606, which implies a 31 percent upside from the previous session's closing price.
7/11
HCL Tech (CMP: Rs 1,820.00 ; -8.52%) HCL Tech shares plunged 5 percent after brokerages remained on the sidelines after industry major HCLTech's Q3 earnings, though in line with expectations, failed to deliver upside triggers. While the management commentary over deal wins remained upbeat, the marginal revision in revenue growth guidance hinted at a weaker Q4 for HCLTech, leaving brokerages disappointed.
8/11
Angel One (CMP: Rs 2,370.05 ; -3.13%) Shares of Angel One fell over 5 percent to Rs 2,309 apiece on January 14 after the company reported its smallest quarterly profit increase since listing in 2020, as tighter regulations in the derivative sector weighed on performance. The company reported a third-quarter profit (Q3FY25) that rose 8 percent to Rs 281 crore from a year earlier. However, on a sequential basis, profit fell 33.5 percent. Total revenue from operations in Q3FY25 rose 19 percent from a year earlier, while it fell 17 percent compared to the second quarter.
United Spirits (CMP: Rs 1,406.00 ; -5.23%) Shares of United Spirits fell by more than 4 percent to Rs 1,411 on January 14 following the announcement of a leadership transition as part of its CEO succession plan. Macquarie analysts highlighted that the smoothness of the transition will be closely monitored and assigned an "underperform" rating on the stock, with a target price of Rs 1,175 per share, suggesting a downside potential of 16 percent from current levels.
10/11
Delta Corp (CMP: Rs 110.00 ; -0.39%) Shares of Delta Corp declined over 3 percent to Rs 106 on January 14 after the company reported a weak third-quarter performance for fiscal year 2024-25 (Q3FY25). The online gaming firm posted a modest 3.5 percent year-on-year (YoY) increase in net profit to Rs 35 crore in Q3FY25, while revenue dropped 7.5 percent YoY to Rs 194 crore
11/11
Anand Rathi Wealth (CMP: Rs 3,997.55 ; -0.31%) Shares of Anand Rathi Wealth declined by approximately 6 percent on January 14, following the release of its Q3 FY25 earnings report. Revenue for the quarter reached Rs 237 crore, a slight decrease from the previous quarter but a significant 26.6 percent increase year-over-year.
![United Spirits (CMP: Rs 1,406.00 ; -5.23%) Shares of United Spirits fell by more than 4 percent to Rs 1,411 on January 14 following the announcement of a leadership transition as part of its CEO succession plan. Macquarie analysts highlighted that the smoothness of the transition will be closely monitored and assigned an "underperform" rating on the stock, with a target price of Rs 1,175 per share, suggesting a downside potential of 16 percent from current levels.](https://images.moneycontrol.com/static-mcnews/2018/07/Liquor_spirits_united-spirits_beer.jpg "United Spirits (CMP: Rs 1,406.00 ; -5.23%) Shares of United Spirits fell by more than 4 percent to Rs 1,411 on January 14 following the announcement of a leadership transition as part of its CEO succession plan. Macquarie analysts highlighted that the smoothness of the transition will be closely monitored and assigned an "underperform" rating on the stock, with a target price of Rs 1,175 per share, suggesting a downside potential of 16 percent from current levels.")
