Indian equity markets are likely to see stock-specific action on Thursday, January 22, as investors digest a series of quarterly earnings, acquisition announcements, project approvals and operational updates. With no broad market trigger dominating sentiment, company-level developments are expected to drive intraday movements.
Stocks to Watch Today – January 22
-
Jindal Stainless: Q3 results in line with expectations; calculated EBITDA per tonne increased 5.5%.
-
CESC: Arm signed an MoU with the Uttar Pradesh government to set up a solar power plant; proposed investment of around ₹3,800 crore.
-
Anant Raj: EBITDA rose 26.8% YoY; margin at 26.4% versus 25% last year.
-
Senco Gold: To acquire 68% stake in August Jewellery for ₹68 crore.
-
Gravita India: EBITDA up 49.3% YoY; margin improved to 11.8% from 8%.
-
eClerx Services: Board meeting scheduled on January 28 to consider a bonus issue.
-
Lemon Tree Hotels: Signed a new 85-room property in Madhya Pradesh.
-
EPACK Prefab: EBITDA grew 26% YoY; margin increased by 800 basis points.
-
Hindustan Petroleum Corporation Limited: GRMs at $8.9 per barrel versus estimate of $10 per barrel; EBITDA up 2% QoQ.
-
PNB Housing Finance: Net interest income slightly below estimates; credit cost remained mildly negative.
-
KEI Industries: Q3 performance below estimates; cables and wires revenue growth at 20% YoY versus estimated 25%.
-
Sagar Cements: Sales volume up 2% YoY; margin declined by 100 basis points.
-
UTI Asset Management Company: Continued market share decline across segments.
