Market Commentary     20-Jan-25
Stock Alert
Stock Alert: Tech Mahindra, Wipro, Jio Financial Services, Kotak Mahindra Bank, Adani Energy Solutions
Securities in 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

Earnings Today:

AGI Greenpac, 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 declare their quarterly earnings later today.

Stocks to Watch:

Tech Mahindra’s consolidated net profit slipped 21.35% to Rs 983.2 crore in Q3 FY25 as against Rs 1,250.1 crore reported in Q3 FY24. However, revenue from operations declined marginally 0.2% to Rs 13,285.6 crore in the December quarter, from Rs 13,313.2 crore recorded in the preceding quarter of FY24.

Wipro’s consolidated net profit grew 4.51% to Rs 3,353.8 crore in Q3 FY25 as against Rs 3,208.8 crore posted in Q2 FY25. However, revenue from operations increased marginally to Rs 22,318.8 crore in the December 2024 quarter as against Rs 22,301.6 crore reported in the preceding quarter same year. the company’s board has declared an interim dividend of Rs 6 per equity share.

Jio Financial Services’ consolidated net profit marginally rose 0.32% to Rs 294.78 crore in Q3 FY25 as compared with Rs 293.82 crore in Q3 FY24. Total income jumped 8.34% to Rs 448.89 crore in Q3 FY25 as compared with Rs 414.33 crore in the corresponding quarter last year.

Kotak Mahindra Bank’s standalone net profit jumped 9.97% to Rs 3,304.80 crore on 13.86% rise in total income to Rs 16050.38 crore in Q3 FY25 over Q3 FY24.

ICICI Lombard’s net profit surged 67.89% to Rs 724.38 crore on 17.56% rise in total income to Rs 5,882.83 crore in Q3 FY25 over Q3 FY24.

5Paisa Capital’s consolidated net profit jumped 7.22% to Rs 16.17 crore in Q3 FY25 from Rs 15.08 crore reported in Q3 FY24. The company’s total income declined 14.97% year on year (YoY) to Rs 85.30 crore in the quarter ended 31 December 2024.

Dalmia Bharat’s wholly owned subsidiary, Dalmia Cement (Bharat) has entered into a share subscription and shareholders agreement to acquire 26% stake of Solis Urja Energy for total consideration of Rs 1,75 crore.

Adani Energy Solutions’ material subsidiary, Adani Electricity has entered into an agreement with Adani Properties to acquire 100% shareholding in Superheights Infraspace for Rs 475 crore. Superheights Infraspace holds development rights for 3,000 sq. m of land in Bandra Kurla Complex (BKC).

Previous News
  Kotak Mahindra Bank receives upgrade in ESG rating
 ( Corporate News - 25-Jun-25   19:02 )
  Kotak Mahindra Bank allots 43,589 equity shares under ESOP
 ( Corporate News - 24-Jun-25   15:44 )
  C.E. Info Systems Ltd leads losers in 'A' group
 ( Hot Pursuit - 12-Jun-25   15:00 )
  Paytm drops as government dismisses MDR speculation on UPI
 ( Hot Pursuit - 12-Jun-25   12:30 )
  One 97 Communications grants 23.70 lakh stock options under ESOS
 ( Corporate News - 12-Jun-25   09:15 )
  Kotak Mahindra Bank Ltd spurts 1.25%, gains for third straight session
 ( Hot Pursuit - 10-Jun-25   13:05 )
  One 97 Communications allots 1.93 lakh equity shares under ESOS
 ( Corporate News - 03-Jun-25   08:28 )
  Agi Greenpac records PAT of Rs 97 crore in Q4; EBITDA margin at 27%
 ( Hot Pursuit - 15-May-25   09:23 )
  AGI Greenpac to convene AGM
 ( Corporate News - 15-May-25   09:15 )
  Board of AGI Greenpac recommends final dividend
 ( Corporate News - 15-May-25   09:15 )
  AGI Greenpac standalone net profit rises 49.60% in the March 2025 quarter
 ( Results - Announcements 15-May-25   07:40 )
Other Stories
  Stock Alert: V2 Retail, Avenue Supermarts, Baazar Style Retail, RVNL
  03-Jul-25   07:59
  Stock Alert: Hyundai Motor India, Maruti Suzuki India, V-Mart Retail, JSW Energy
  02-Jul-25   07:58
  Stock Alert: Hindustan Copper, CG Power, BEL, Can Fin Homes
  01-Jul-25   08:05
  Stock Alert: Waaree Energies, Asian Paints, Rattanindia Ent, BHEL, Prestige Estates
  30-Jun-25   08:05
  Stock Alert: Hitachi Energy, Power Mech Projects, Torrent Pharma, Western Carriers
  27-Jun-25   08:04
  Stock Alert: Wheels India, Balaji Amines, Ask Automotive, CEAT, H.G. Infra Engg
  26-Jun-25   08:06
  Stock Alert: PTC Inds, Mastek, Aurobindo Pharma, JB Chemicals, Hindalco Inds
  25-Jun-25   08:07
  Stock Alert: Satin Creditcare, KPIT Tech, Lemon Tree Hotels, Metro Brands
  24-Jun-25   08:12
  Stock Alert: Lloyd Metals, CEAT, Waaree Renewable Tech, EMS, Interarch Building
  23-Jun-25   08:02
  Stock Alert: Mastek, Kaynes Tech, Kamat Hotels, Uno Minda, Natco Pharma
  20-Jun-25   08:04
Back Top