Which stocks can see action today?
New Delhi. After several days of decline, the stock market made a good comeback and closed in the green zone on Monday. Today on Tuesday too, a positive start is expected in the stock market, as GIFT Nifty is down 63 points or 0.24 percent at 25,922 at 7:30 am. However, it is estimated that market sentiment is likely to remain cautious after US President Donald Trump announced the imposition of new tariffs on countries trading with Iran. Meanwhile, let us know which shares will be in discussion today.
Quarterly results today - ICICI Lombard General Insurance Company, ICICI Prudential Life Insurance Company, Tata Elxsi, 5paisa Capital, Just Dial, Bank of Maharashtra, Navkar Corporation, Oriental Hotels, Sigma Solve and Tokyo Plast International will release their quarterly results on January 13.
October-December quarter results -
TCS - Profit fell 13.9% to ₹10,657 crore from ₹12,380 crore. Revenue increased by 4.9% to ₹67,087 crore, compared to ₹63,973 crore earlier. TCS has declared a third interim dividend of ₹11 per share and a special dividend of ₹46 per share.
HCL Technologies - Profit fell 11.2% to Rs 4,076 crore from Rs 4,591 crore. Revenue increased by 13.3% to Rs 33,872 crore, compared to Rs 29,890 crore. HCL Tech will pay an interim dividend of Rs 12 per share.
Anand Rathi Wealth - Profit increased by 29.6% to Rs 99.77 crore, compared to Rs 76.95 crore earlier. Revenue increased by 22.2% to Rs 289.6 crore, compared to Rs 237 crore earlier.
GTPL Hathway - Profit increased by 8.2% to Rs 11 crore, compared to Rs 10.17 crore earlier. Revenue increased by 5.1% to Rs 932.6 crore, compared to Rs 887.3 crore earlier.
Adani Energy Solutions - Collection efficiency remains at 101.75% and system availability remains at 99.69%. The company has installed 18.88 lakh new meters, taking the total number of smart meters to 92.5 lakh. The order book stands at 2.46 crore metres, with potential revenue of Rs 29,519 crore.
Biocon - The board has approved the opening of the Qualified Institutions Placement (QIP) issue on January 12, the floor price of which will be Rs 387.74 per share. The issue size is likely to be around Rs 4,150 crore.
KP Green Engineering - KP Group has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to develop renewable energy projects worth Rs 4,000 crore in Gujarat.
Sical Logistics - The company has received Letter of Acceptance from South Eastern Coalfields for Rs 4,038 crore project in Porda Chimtapani open cast project in Chhattisgarh.
NLC India - The Board has given in-principle approval for the listing of the company's subsidiary, NLC India Renewables (NIRL). This listing will be done through public offer by diluting its equity stake up to 25% in one or more tranches.
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(Disclaimer: Information about the upcoming IPO is given here, not investment advice. Jagran Business is not giving investment advice. Investing in the stock market is subject to market risks, so please consult a certified investment advisor before investing.)