Indian equity markets head into the January 30 trading session with several stocks in focus, driven by quarterly earnings, order wins, and strategic announcements.
Stocks for trade today, Jan 30
Vedanta
Vedanta reported a 60.1% year-on-year increase in net profit. EBITDA rose 37% to ₹6,866 crore compared with ₹5,013 crore in the corresponding quarter last year.
Dixon Technologies
Dixon Technologies’ Q3 results were in line with estimates. Net profit increased 68% YoY.
REC Limited
REC posted flat net profit on a YoY basis. Net interest income rose 2.8% to ₹5,275 crore from ₹5,133 crore.
Tata Motors – Commercial Vehicles
Tata Motors’ CV segment recorded revenue growth of 17% YoY. Domestic volumes increased 18%, while exports rose 70%.
Nippon Life India AMC
Net profit increased 37% YoY. Revenue rose 20% to ₹705.3 crore from ₹587.9 crore.
Dabur India
Dabur’s Q3 results were in line with estimates. Net profit increased by over 7% YoY.
HUDCO
HUDCO reported a 3% decline in net profit. Net interest income rose 4.2% to ₹1,024 crore from ₹983 crore.
HPCL
HPCL signed an MoU with Oil India for collaboration on a compressed bio-gas development project.
Hindustan Aeronautics Limited
HAL received an order worth ₹1,800 crore from Pawan Hans for the supply of 10 Dhruv NG helicopters.
Syrma SGS Technology
Net profit rose to ₹102.7 crore from ₹48.7 crore YoY. EBITDA margin increased to 12.7% from 9%.
Usha Martin
Net profit grew over 16% YoY. EBITDA margin stood at 19.2% compared with 16.6% last year.
Carborundum Universal
Net profit came in at ₹75.9 crore versus ₹34.7 crore YoY. Revenue increased nearly 3%.
MTAR Technologies
EBITDA rose 80.7% YoY to ₹59.8 crore. EBITDA margin improved to 22% from 19%.
Niva Bupa Health Insurance
Gross premiums written increased 54% YoY, while net premiums written rose 53%.
Container Corporation of India
EBITDA rose 10.3% to ₹513 crore from ₹465.5 crore. EBITDA margin stood at 22.3% versus 21%.
Indegene
Revenue increased 31% YoY. EBITDA rose 21.9% to ₹159.9 crore from ₹131.2 crore.
ITC
Cigarette volumes grew 6.5% YoY, compared with expected growth of 5–6%.
Allied Blenders and Distillers
Net profit increased 11% YoY. EBITDA rose 14% to ₹137 crore from ₹120 crore.
Atlanta Electricals
The company secured multiple orders worth ₹288 crore.
Paytm
Paytm reported net profit of ₹225 crore versus a loss of ₹208 crore YoY. EBITDA stood at ₹156 crore compared with an EBITDA loss of ₹223 crore.
Orient Cement
Net profit rose to ₹27.8 crore from ₹10 crore YoY. EBITDA margin improved to 14.1% from 9%.
The Great Eastern Shipping Company
Net profit increased 37% YoY. EBITDA margin rose to 57.4% from 49.4%.
NTPC Green Energy
EBITDA increased 34% YoY to ₹567 crore. EBITDA margin stood at 86.8% compared with 84%.