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

One 97 Communications Paytm, Zomato, APL Apollo Tubes, Central Bank of India, Dixon Technologies, IDBI Bank, Indian Overseas Bank, Indian Railway Finance Corporation, ICICI Securities, Jammu & Kashmir Bank, L&T Finance, MCX India, Newgen Software Technologies, Oberoi Realty, and Sunteck Realty will announce their quarterly earnings on January 20.

Quarterly Earnings

Wipro Q3 (Consolidated QoQ)

IT services revenue grows 0.4% to Rs 22,285.1 crore Vs Rs 22,195.7 crore

EBIT jumps 4.5% to Rs 3,899 crore Vs Rs 3,732.2 crore

Margin expands by 70 bps to 17.5% Vs 16.8%

The company declares interim dividend of Rs 6 per share

Dollar revenue declines 1.2% to $2,629.1 million Vs $2,660.1 million

Revenue in constant currency terms rises 0.1% against 0.6%

Wipro sees IT services revenue in Q4 in $2,602-2,655 million range, a growth of (-1%) to 1%

Tech Mahindra Q3 (Consolidated QoQ)

Profit falls 21.4% to Rs 983.2 crore Vs Rs 1,250.1 crore

Revenue declines 0.2% to Rs 13,285.6 crore Vs Rs 13,313.2 crore

EBIT grows 5.5% to Rs 1,350.2 crore Vs Rs 1,280.4 crore

Margin expands by 60 bps to 10.2% Vs 9.6%

Dollar revenue falls 1.3% to $1,567.5 million Vs $1,588.7 million

Kotak Mahindra Bank Q3 (Standalone YoY)

Profit grows 10% to Rs 3,304.8 crore Vs Rs 3,005.01 crore

Net interest income increases 9.8% to Rs 7,196.3 crore Vs Rs 6,553.5 crore

Provisions and contingencies zoom 37.1% to Rs 794.1 crore Vs Rs 579.1 crore

Provisions and contingencies spike 20.2% to Rs 794.1 crore Vs Rs 660.4 crore (QoQ)

Net NPA drops to 0.41% Vs 0.43% (QoQ)

Gross NPA rises to 1.50% Vs 1.49% (QoQ)

Bank to raise funds to Rs 10,000 crore via NCDs

RBL Bank Q3 (Standalone YoY)

Profit plunges 86% to Rs 33 crore Vs Rs 233 crore

Net interest income rises 3% to Rs 1,585 crore Vs Rs 1,546 crore

Tax credit at Rs 224.9 crore Vs tax expenses of Rs 74 crore

Provisions and contingencies jump 159.5% to Rs 1,188.9 crore Vs Rs 458.1 crore

Provisions and contingencies spike 92.3% to Rs 1,188.9 crore Vs Rs 618.3 crore (QoQ)

Net NPA drops to 0.53% Vs 0.79% (QoQ)

Gross NPA increases to 2.92% Vs 2.88% (QoQ)

Jio Financial Services Q3 (Consolidated YoY)

Profit rises 0.3% to Rs 294.8 crore Vs Rs 293.8 crore

Revenue grows 6% to Rs 438.4 crore Vs Rs 413.6 crore

Can Fin Homes Q3 (YoY)

Profit grows 6% to Rs 212.1 crore Vs Rs 200.1 crore

Net interest income rises 4.6% to Rs 350.5 crore Vs Rs 335.2 crore

Gross NPA increases to 0.92% Vs 0.88% (QoQ)

Net NPA climbs to 0.50% Vs 0.47%

Seshasayee Paper and Boards Q3 (Consolidated YoY)

Profit tanks 75.9% to Rs 16.6 crore Vs Rs 69 crore

Revenue declines 8.9% to Rs 431.3 crore Vs Rs 473.5 crore

Supreme Petrochem Q3 (YoY)

Profit grows 5.4% to Rs 71.4 crore Vs Rs 67.67 crore

Revenue jumps 18.3% to Rs 1,405.3 crore Vs Rs 1,187.7 crore

5paisa Capital Q3 (Consolidated YoY)

Profit increases 7.2% to Rs 16.2 crore Vs Rs 15.1 crore

Revenue falls 15% to Rs 85.3 crore Vs Rs 100.3 crore

ICICI Lombard General Insurance Company Q3 (YoY)

Profit zooms 67.9% to Rs 724.4 crore Vs Rs 431.5 crore

The combined ratio drops to 102.7% Vs 103.6%

Gross direct premium income declines 0.3% to Rs 6,214 crore Vs Rs 6,230 crore

Return on average equity jumps to 21.5% Vs 15.3%

Solvency ratio falls to 2.36x Vs 2.65x (QoQ)

Rallis India Q3 (YoY)

Profit sinks 54.2% to Rs 11 crore Vs Rs 24 crore

Revenue drops 12.7% to Rs 522 crore Vs Rs 598 crore

Ramkrishna Forgings Q3 (Consolidated YoY)

Profit rises 14.7% to Rs 99.6 crore Vs Rs 86.86 crore

Revenue grows 7.85% to Rs 1,073.8 crore Vs Rs 995.6 crore

Indian Hotels Q3 (Consolidated YoY)

Profit grows 32.6% to Rs 632.5 crore Vs Rs 476.9 crore

Revenue zooms 29% to Rs 2,533 crore Vs Rs 1,963.8 crore

Stocks To Watch

KP Energy

The company has commissioned a 6.3 MW (Phase-XI) ISTS-connected wind power project at the Sidhpur site in Devbhoomi Dwarka. With this, the entire 252 MW project capacity has been commissioned.

Gland Pharma

The company has received the Establishment Inspection Report for its Pashamylaram facility in Hyderabad from the US Food and Drug Administration (US FDA), indicating the closure of the inspection. The US FDA conducted a Good Manufacturing Practices inspection at the company's Pashamylaram facility from July 25 to August 2, 2024.

Camlin Fine Sciences

The Gujarat Pollution Control Board has issued an order to Camlin Fine Sciences to close its operations at the Bharuch unit. The action to close operations came due to allegations of contaminated water or wastewater found in the stormwater drain, minimal biomass observed in the aeration tank, and ETP sludge found stored in an open area near the ETP.

GMR Airports Infrastructure

Passenger traffic in December 2024 increased by 9% YoY and 6% MoM to 1.08 crore, while aircraft movements rose by 7% YoY and 5% MoM to 64,364.

Minda Corporation

The company has completed the acquisition of a 49% stake in Flash Electronics (India) from existing shareholders.

Fortis Healthcare

The company has acquired a 15.86% stake held by NYLIM Jacob Ballas India Fund III LLC and an 8.05% stake held by Resurgence PE Investments in Agilus Diagnostics. Further, in December 2024, it had already acquired a 7.61% stake held by the International Finance Corporation in Agilus. With these acquisitions, the company has acquired a total of 31.52% shareholding in Agilus held by PE investors. Consequently, the company's shareholding in Agilus increased to 89.2%.

Hitachi Energy

The Board has approved raising funds to Rs 4,200 crore via public issue, rights issue, preferential allotment, private placement, including qualified institutional placement (QIP) in one or more tranches.

Zydus Lifesciences

The pharma company has received approval from the USFDA to conduct a Phase II(b) clinical trial for Usnoflast. Usnoflast is a novel oral NLRP3 inflammasome inhibitor for patients with Amyotrophic Lateral Sclerosis (ALS).

Hyundai Motor India, TVS Motor Company

Hyundai Motor Company is exploring the possibility of joining hands with TVS Motor to conceptualize the development of advanced electric three-wheelers and micro four-wheelers in India. While no binding agreements have been explored or executed, Hyundai Motor is exploring the potential to offer design, engineering, and technology, while TVS Motor will explore manufacturing and marketing of the vehicles.

Dixon Technologies

The company's subsidiary, IsmartU India (IIPL), has entered into a binding Memorandum of Understanding with KHY Electronic India. Under the agreement, IIPL will acquire land, buildings, machinery, and other tangible assets from KHY for Rs 133 crore.

Ashapura Minechem

The company’s overseas subsidiary has entered into a long-term Memorandum of Understanding (MOU) with China Railway to jointly develop its Fako bauxite deposit in the Kindia region of Guinea. As per the MOU, China Railway will be responsible for the production of bauxite and provide logistic solutions, while Ashapura will be entirely responsible for sales and marketing, and providing technical support including quality assurance for the project.

Adani Energy Solutions

The company's subsidiary, Adani Electricity Mumbai (AEML), has executed a Share Purchase Agreement (SPA) with Adani Properties Private to acquire 100% equity shares of Superheights Infraspace. Superheights Infraspace holds development rights to land measuring 3,000 square meters at Bandra Kurla Complex, Mumbai, and AEML is developing a 220 kV extra-high-voltage (EHV) substation on said land.

DLF

The National Company Law Tribunal has approved the Scheme of Amalgamation involving the merger of seven wholly-owned subsidiary companies (namely Amon Estates, Calista Real Estates, Chevalier Builders & Constructions, Erasma Builders & Developers, Hestia Realtors, Laraine Builders & Constructions, and Snigdha Builders & Constructions) with DLF Southern Towns, a subsidiary of DLF.

Unitech

The Board of Directors has approved the proposal for 100% equity disinvestment of Unitech Power Transmission (UPTL), a wholly-owned subsidiary of Unitech, for Rs 50.89 crore, in favor of Auro Infra.

Bulk Deals

Apex Ecotech

Strategic Sixth Sense Capital Fund sold 68,800 equity shares at an average price of Rs 147.21 per share.

Kamdhenu Ventures

AL Maha Investment Fund PCC-Onyx Strategy bought 39.63 lakh shares in Kamdhenu Ventures at an average of Rs 17 per share.

Spacenet Enterprises India

Motilal Oswal Finvest has offloaded 64.99 lakh shares in Spacenet at an average price of Rs 7.32 per share.

Mainboard Listing on January 20

Laxmi Dental

SME Listing on January 20

Barflex Polyfilms

Stocks Trade Ex-Date for Split

Blue Cloud Softech Solutions, Nava

Stock Trades Ex-Date for Resolution Plan -Suspension

IMP Powers

F&O Ban

Can Fin Homes, Aarti Industries, Aditya Birla Fashion & Retail, Angel One, Bandhan Bank, Hindustan Copper, Kalyan Jewellers, L&T Finance, Manappuram Finance, RBL Bank