30 Jan , 2025 By : Debdeep Gupta
Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, order wins, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:
Results Today
Larsen & Toubro, Adani Enterprises, Adani Ports and Special Economic Zone, Bajaj Finserv, Shree Cement, GAIL (India), Bank of Baroda, PB Fintech, AAVAS Financiers, Astral, Bharat Electronics, Biocon, CARE Ratings, Coromandel International, Dabur India, Indegene, Jindal Steel & Power, Kalyan Jewellers India, Dr Lal PathLabs, Navin Fluorine International, Phoenix Mills, Prestige Estates Projects, Voltamp Transformers, and Waaree Energies will announce their quarterly earnings on January 30.
Quarterly Earnings
Tata Motors Q3 (Consolidated YoY)
Profit falls 22.4% to Rs 5,451 crore Vs Rs 7,025 crore
Revenue grows 2.7% to Rs 1,13,575 crore Vs Rs 1,10,577 crore
EBITDA declines 15% to Rs 13,032 crore Vs Rs 15,333 crore
Margin drops 240 bps to 11.5% Vs 13.9%
JLR says Q3 revenue grows 1.5%, EBITDA falls 200 bps to 14.2%, EBIT rises 20 bps to 9%
JLR on track to achieve its profitability and cash flow targets in FY25, with EBIT margin at 8.5% or more, and positive net cash
Bajaj Finance Q3 (Consolidated YoY)
Profit jumps 18% to Rs 4,308 crore Vs Rs 3,639 crore
Pre-provisioning operating profit rises 27% to Rs 7,805 crore Vs Rs 6,142 crore
Net interest income increases 23% to Rs 9,382 crore Vs Rs 7,655 crore
Assets under management grow by 28% to Rs 3,98,043 crore Vs Rs 3,10,968 crore
Voltas Q3 (Consolidated YoY)
Profit stands at Rs 130.8 crore Vs loss of Rs 27.6 crore
Revenue grows 18.3% to Rs 3,105.1 crore Vs Rs 2,625.7 crore
EBITDA spikes 594.5% to Rs 197.4 crore Vs Rs 28.4 crore
Margin expands sharply to 6.4% Vs 1.1%
Brigade Enterprises Q3 (Consolidated YoY)
Profit zooms 221.5% to Rs 236.2 crore Vs Rs 73.5 crore
Revenue grows 24.7% to Rs 1,463.9 crore Vs Rs 1,173.8 crore
EBITDA jumps 57.88% to Rs 413.7 crore Vs Rs 262 crore
Margin expands to 28.3% Vs 22.3%
Quess Corp Q3 (Consolidated YoY)
Profit grows 34% to Rs 85 crore Vs Rs 64 crore
Revenue increases 14% to Rs 5,519 crore Vs Rs 4,842 crore
EBITDA rises 6% to Rs 197 crore Vs Rs 186 crore
Margin expands 26 bps to 3.6% Vs 3.8%
eClerx Services Q3 (Consolidated YoY)
Profit falls 1.1% to Rs 137.1 crore Vs Rs 138.6 crore
Revenue rises 13.4% to Rs 853.8 crore Vs Rs 752.8 crore
Tamilnad Mercantile Bank Q3 (YoY)
Profit grows 6% to Rs 300 crore Vs Rs 284 crore
Net interest income increases 6.2% to Rs 570 crore Vs Rs 537 crore
Gross NPA falls to 1.32% Vs 1.37% (QoQ)
Net NPA declines to 0.41% Vs 0.46% (QoQ)
Capital Small Finance Bank Q3 (YoY)
Profit soars 17.7% to Rs 34.05 crore Vs Rs 28.9 crore
Net interest income jumps 22.5% to Rs 107.1 crore Vs Rs 87.4 crore
Gross NPA rises to 2.67% Vs 2.61% (QoQ)
Net NPA increases to 1.35% Vs 1.29% (QoQ)
JK Paper Q3 (Consolidated YoY)
Profit plunges 72.4% to Rs 65.3 crore Vs Rs 236.4 crore
Revenue falls 2.7% to Rs 1,733 crore Vs Rs 1,781.7 crore
Company to acquire 65% stake in Quadragen VetHealth for Rs 300 crore
Raymond Q3 (Consolidated YoY)
Profit jumps 74.8% to Rs 72.3 crore Vs Rs 41.4 crore
Revenue grows 40.6% to Rs 953.9 crore Vs Rs 678.5 crore
Samhi Hotels Q3 (Consolidated YoY)
Profit stands at Rs 22.8 crore Vs loss of Rs 74.4 crore
Revenue grows 10.4% to Rs 295.8 crore Vs Rs 267.8 crore
Exceptional item at Nil Vs loss at Rs 76.8 crore
IFB Agro Industries Q3 (Consolidated YoY)
Profit stands at Rs 11.3 crore Vs loss of Rs 5 crore
Revenue grows 16.3% to Rs 419.6 crore Vs Rs 360.8 crore
Chalet Hotels Q3 (Consolidated YoY)
Profit zooms 36.6% to Rs 96.5 crore Vs Rs 70.6 crore
Revenue jumps 22.5% to Rs 457.8 crore Vs Rs 373.7 crore
Hitachi Energy India Q3 (Consolidated YoY)
Profit spikes 498% to Rs 137.4 crore Vs Rs 23 crore
Revenue soars 27.2% to Rs 1,620.3 crore Vs Rs 1,274.2 crore
Jindal Stainless Q3 (Consolidated YoY)
Profit falls 5.4% to Rs 654.8 crore Vs Rs 692.3 crore
Revenue grows 8.5% to Rs 9,907.3 crore Vs Rs 9,127.5 crore
Restaurant Brands Asia Q3 (Consolidated YoY)
Loss widens to Rs 50.4 crore Vs loss of Rs 36.2 crore
Revenue grows 5.8% to Rs 639 crore Vs Rs 604.2 crore
SRF Q3 (Consolidated YoY)
Profit rises 7% to Rs 271.1 crore Vs Rs 253.4 crore
Revenue grows 14.4% to Rs 3,491.3 crore Vs Rs 3,053 crore
Ask Automotive Q3 (Consolidated YoY)
Profit zooms 32% to Rs 65.9 crore Vs Rs 49.9 crore
Revenue grows 20.1% to Rs 915.1 crore Vs Rs 761.7 crore
Blue Star Q3 (Consolidated YoY)
Profit jumps 32% to Rs 132.5 crore Vs Rs 100.5 crore
Revenue increases 25.3% to Rs 2,807.4 crore Vs Rs 2,241.2 crore
EBITDA soars 34.8% to Rs 209.4 crore Vs Rs 155.4 crore
Margin expands to 7.5% Vs 6.9%
Blue Dart Express Q3 (Consolidated YoY)
Profit falls 8.9% to Rs 81 crore Vs Rs 88.9 crore
Revenue increases 9.3% to Rs 1,511.7 crore Vs Rs 1,382.9 crore
Stocks To Watch
Infosys
The digital services and consulting company has expanded its collaboration with Siemens AG to accelerate its digital learning initiatives using generative AI.
GR Infraprojects
The company has emerged as the L-1 bidder for a project worth Rs 262.3 crore from Western Railways. The project involves the EPC tender for gauge conversion of 38.9 km of track and associated work from Kosamba to Umarpada at the Kosamba-Umarpada section in the Vadodara division of Western Railways.
Afcons Infrastructure
The company has received the Letter of Award for a project worth Rs 1,283 crore from Hindustan Gateway Container Terminal Kandla. The project involves the design and construction of the marine package for the container terminal at Tuna Tekra, India (Package-1).
Sona BLW Precision Forgings
The mobility technology solutions company has signed a memorandum of understanding (MOU) with Ubifly Technologies (The ePlane Co.) for the development of powertrains for eVTOLs and drones, including gearboxes, motors, inverters, and related components and systems.
3M India
Vidya Sarathy has resigned as Whole-time Director and Chief Financial Officer of the company, effective January 29. The company has appointed Prasad Balakrishnan as interim Chief Financial Officer, effective January 30.
JK Cement
The company has agreed with Gujarat Mineral Development Corporation (GMDC) for the long-term limestone supply. This will help the company consolidate its position in the West market shortly.
Bulk Deals
Avalon Technologies
Axis Mutual Fund bought a 1.11% stake in Avalon at an average price of Rs 621 per share, valued at Rs 45.68 crore. However, HDFC Focused 30 Fund sold a 1.12% stake at an average price of Rs 620.94 per share, amounting to Rs 46.26 crore.
Shanti Educational Initiatives
Elysian Wealth Fund bought a 0.52% stake (8,48,676 shares) in the company at an average price of Rs 122 per share. However, Albula Investment Fund sold a 0.52% stake (8.5 lakh shares) at the same price.
SME Listing on January 30
CLN Energy
Stock Trades Ex-Date for Reduction of Capital
Burnpur Cement
Stocks Trade Ex-Dividend
Balkrishna Industries, Coforge, Housing & Urban Development Corporation, Siemens, Transport Corporation of India, Accelya Solutions India
Stock Trades Ex-Date for Income Distribution
IRB InvIT Fund
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