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Stocks to watch: Shares of firms like HDFC Bank, HUL, Tata Technologies, RailTel, BPCL, Adani Energy, and others will be in focus on Wednesday’s trade
Stocks to Watch
Stocks To Watch On January 22: The markets saw a volatile session on Tuesday, ultimately closing down nearly 1.5%. In today’s trading, shares of HDFC Bank, HUL, Tata Technologies, JSW Steel, PNB Housing, and others will be in the spotlight following various news updates and third-quarter earnings reports.
Quarterly Watch: Key Earnings Announcements on January 22
Around 50 companies are set to announce their Q3 FY25 earnings today, keeping their share prices in focus throughout the trading session. Leading the earnings roster are HDFC Bank, Hindustan Unilever, Bharat Petroleum Corporation (BPCL), and Polycab India. Other noteworthy names include Pidilite Industries, Tata Communications, Indus Towers, Persistent Systems, and Coforge.
Adani Energy Solutions
Adani Energy Solutions (AESL) revealed its largest order to date—a Rs 25,000 crore HVDC project connecting Rajasthan and Uttar Pradesh. This win brings the company’s order book to Rs 54,761 crore, reinforcing its growing influence in India’s energy infrastructure sector.
PNB Housing Finance
PNB Housing Finance reported a 36% YoY increase in net profit for Q3 FY25, totaling Rs 471.4 crore. Net Interest Income surged by 15% to Rs 1,119 crore. The company’s share price closed at Rs 899.00 in the previous session, down 1.47%.
ICICI Prudential Life
ICICI Prudential Life saw a 43% YoY increase in net profit, reaching Rs 326 crore for Q3 FY25. Net premium income rose to Rs 12,261 crore. The stock closed at Rs 635.90, down 0.84% in the last session.
India Cements
India Cements reported a net loss of Rs 428.8 crore in Q3 FY25, compared to a loss of Rs 16.5 crore in the same period last year. Revenue declined by 15% YoY to Rs 940 crore, compared to Rs 1,113.06 crore in Q3 FY24. The stock tumbled over 8%, closing at Rs 348.35.
Cyient DLM
Cyient DLM reported a 38.4% YoY increase in revenue, totaling Rs 444.2 crore. However, net profit dropped sharply by 40.8% to Rs 10.9 crore. The stock ended the previous session down 0.55%.
JSW Steel
JSW Group has signed a memorandum of understanding with Maharashtra government for Rs 3-lakh crore investment in the state.
Adani Energy
Adani Energy’s share price will also be in focus today due to the latest developments.
UCO Bank
UCO Bank reported a 27.05% YoY increase in net profit for Q3 FY25, reaching Rs 638.83 crore, compared to Rs 502.83 crore in the same period last year. Total income surged 15.5% to Rs 7,405.89 crore, while Net Interest Income (NII) grew by 19.6% to Rs 2,377 crore. The stock closed at Rs 44.06, down 1.12%.
RailTel Corporation of India
RailTel secured a Rs 46.79 crore contract from North Western Railway for railway signalling systems.
Dalmia Bharat
Dalmia Bharat posted a 75.2% YoY drop in net profit for Q3 FY25, recording Rs 66 crore, down from Rs 266 crore last year. Revenue from operations declined by 11.7% YoY to Rs 3,181 crore. Despite the results, the stock rose by 1.31%, closing at Rs 1,774.95.
Tata Technologies
Tata Technologies saw a slight 1% YoY decline in net profit, posting Rs 168.6 crore for Q3 FY25, compared to Rs 170.2 crore in the previous year. Revenue from operations grew by 2.2% YoY to Rs 1,317.4 crore. The stock closed 0.44% higher at Rs 816.
JK Tyre & Industries
JK Tyre secured a $100 million sustainability-linked loan from the International Finance Corporation (IFC), with Rs 30 million directed to JK Tyre & Industries and the remaining Rs 70 million for Cavendish Industries, a key subsidiary.
Indiamart Intermesh
Indiamart Intermesh reported a strong 47.6% YoY growth in net profit, reaching Rs 121 crore for Q3 FY25. Revenue from operations rose by 16% to Rs 354.3 crore. The stock closed at Rs 2,296, up 1.15%.
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