Stocks to Watch: Gift Nifty is indicating the start of trading with gains in the domestic stock market today. However, at the global level, only red signals are still being received from most of the markets. A trading day ago, BSE Sensex and Nifty 50 had fallen sharply. At the end of the day, Sensex closed at 76330.01 with a fall of 1048.90 points or 1.36% and Nifty closed at 23085.95 with a slip of 1.47% or 345.55 points. Now if we talk about individual stocks today, the business results of some companies will come today, while the results of some have already come, due to which there may be movement in them and if five stocks are listed, there may be strong movement in some due to corporate action. Here we are talking about them.
Results coming today
HDFC Asset Management Company, Hathway Cable & Datacom, Network18 Media & Investments, Shoppers Stop, SRM Energy, Atishya, and Banaras Hotels will release December quarter results today.
Results of these companies
In December quarter, HCL Tech’s consolidated profit increased by 8% quarter-on-quarter to ₹4,591 crore, revenue increased by 3.6% to ₹29,890 crore, EBIT increased by 8.6% to ₹5,821 crore, EBIT margin increased by 0.90% to 19.5% and dollar revenue increased by 2.6% to $353.3 crore. But reached. The company has declared an interim dividend of Rs 18 per share. The company estimates revenue growth of 4.5-5% and EBIT margin growth of 18-19% for FY2025.
Angel One’s consolidated profit rose 8.1% year-on-year to ₹281.5 crore and revenue jumped 19.2% to ₹1,262.2 crore in the December quarter. The board has approved an interim dividend of Rs 11 per share. Apart from this, the board has also approved the appointment of Ambrish Kenghe as Group CEO from March 6.
In the December quarter, Anand Rathi Wealth’s consolidated profit increased by 33.2% to ₹77.3 crore, revenue increased by 29.9% to ₹237 crore, EBITDA also increased by 34.1% to ₹107 crore and margin by 1.50% to 45.2%.
Himadri Specialty Chemical
In the December quarter, on an annual basis, the consolidated profit of Himadri Specialty Chemical increased by 30.5% to ₹ 142.06 crore, revenue increased by 8.4% to ₹ 1,140.7 crore, EBITDA also increased by 27% to ₹ 220.9 crore and margin by 2.90 percent to 19.4%.
Delta Corp’s consolidated profit rose 3.6% year-on-year in the December quarter to ₹35.7 crore, but revenue fell 7.5% to ₹194.3 crore. EBITDA also fell by 42.4% to ₹32.1 crore during this period and margin fell by 10 per cent to 16.5%.
Stocks To Watch: These stocks will be in focus today
Bazel Projects has received an order from Adani Energy Solutions for supply of goods and services for construction of 400KV D/C Raipur-Tiroda (Quad ACSR Moose) transmission lines in Chhattisgarh and Maharashtra.
Its resolution professional has sent a letter of intent regarding the resolution plan presented by JSW Energy for KSK Mahanadi Power Company, which is going through the bankruptcy process. KSK Mahanadi Power Company has a 3,600 MW thermal power plant in Chhattisgarh.
Promoter Kinex India is set to sell 6.29% stake (1.91 crore shares) in Bartronix India through offer-for-sale (OFS) on January 14 and January 15. Its floor price is Rs 22 per share. The issue will open for non-retail investors on January 14 and for retail investors on January 15.
ITI has received an order worth Rs 35 crore from Sambalpur University of Odisha for Wi-Fi and LAN and an order worth Rs 29.14 crore from Central Railway for Integrated Security System. The company has now entered the security system and education/ICT domain.
Bharat Electronics Limited (BEL)
BEL has secured additional orders worth Rs 561 crore from December 23, 2024 till now. With this, its total order in the current financial year 2024-25 has now reached Rs 10,362 crore.
Hindusthan National Glass & Industries
The FIR has been lodged against Girish Siriram Juneja (company resolution professional), Ramchandra Parasam Une (plant head of Sinar plant), and Bharat Gupta (consultant partner-resolution professional at EY). However, Hindustan National Glass and Industries says that as per the rules, there is no need for disclosure regarding this FIR. Nevertheless, the company has disclosed this to ensure good governance.
Hina Nagarajan will now take up a new role within the Diageo Group and has resigned as MD and CEO of United Spirits with effect from March 31, 2025. The board has appointed Praveen Someshwar as MD and CEO, effective April 1, 2025.
The board of Zee Media Corporation has approved raising up to Rs 400 crore through equity shares, bonds, debentures, warrants or other means. Additionally, the Board has approved increasing the shareholding limit of FPIs and FIIs from 24% to 49%.
The board of Voltas has approved the appointment of Kishore Chandrasekaran as head of commercial air conditioning with effect from January 13.
Narasimha Raju KA, Chief Financial Officer, Vijaya Diagnostic Centre, has resigned with effect from March 31, 2025. The company has promoted Shiv Ram Raju, CFA as Vice President-Operations for the entire Vijaya Group. Apart from this, Praveen Velmuri has been made Vice President- Sales and Marketing and Gurram Vishal has also been made GM-Strategy.
Life Insurance Corporation (LIC)
The board of LIC has approved inflow of equity capital of about Rs 58.50 crore in its Sri Lankan subsidiary Life Insurance Corporation (Lanka). This will require approval from the Indian insurance regulator IRDAI and the Central Bank of Sri Lanka.
Indian Hotels Company has completed the acquisition of 55% stake in Rajscape Hotels for Rs 17.66 crore. Rajscape Hotels manages 16 hotels under the Tree of Life Resorts & Hotels brand.
Todd Christopher Morgan, Chief Technology and Innovation Officer of Lumax Industries, has resigned effective January 31.
Piramal Enterprises is expected to fetch $140 million in FY26 from its subsidiary following the sale of Life Molecular Imaging by Life Healthcare. Apart from this, it can get up to $60 million more from the profits and earnings from the Imaging Group in the subsequent years. Life Healthcare Group Holdings has entered into a binding agreement for the sale of Imaging Group to Life Molecular Imaging. Save Life Healthcare is part of the group that acquired Piramal Imaging SA from Piramal Enterprises in 2018.
Quess Corp has been informed by the Deputy Commissioner of Income Tax about the refund amount of Rs 20.74 crore for the financial year 2017-18.
Bulk Deals
Sundaram Mutual Fund sold 0.7% stake in Amrutanjan Healthcare at an average price of Rs 700 per share. Sundaram Mutual Fund held 1.68% stake in the company as of September 2024.
Today, Quadrant Future Tech and Capital Infra Trust InvIT are listed on BSE and NSE, while BR Goyal Infra and Avax Apparels and Ornaments are listed on BSE SME and Delta AutoCorp is listed on NSE SME.
Today is the ex-date of rights of GTT Data Solutions and income distribution of Energy Infra Trust.
You will not be able to take new F&O positions in Aarti Industries, Bandhan Bank, Hindustan Copper, L&T Finance, Manappuram Finance, RBL Bank today.
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