The Indian equity markets are likely to start on a positive note today, as suggested by the Gift Nifty, which traded at 22,941 at 8:30 AM. On Monday, the benchmark indices settled sharply lower, with the BSE Sensex declining by 824.29 points (1.08%) to 75,366.17 and the Nifty50 dropping 263 points (1.14%) to close at 22,829.15.

Here are some of the key stocks to keep an eye on for today’s trading session:

1. Tata Steel

  • The company’s consolidated adjusted EBITDA came in line with expectations.
  • Losses in the European business narrowed quarter-on-quarter, providing some relief.

2. Coal India

  • The company beat Q3 expectations due to better realizations and improved operating leverage.

3. Indraprastha Gas Limited (IGL)

  • Reported a strong Q3 performance, driven by healthy volumes.

4. Tata Power

  • Tata Power’s subsidiary secured a contract worth ₹455 crore for solar modules.

5. Piramal Enterprises

  • Disbursements rose by 8.7% year-on-year.
  • Net interest margin (NIM) improved to 5.7% from 4.9% YoY.

6. Wipro

  • Secured an IT operations order from FrieslandCampina, showcasing growth in its service portfolio.

7. Bajaj Housing Finance

  • Assets under management (AUM) grew by 26.05%.
  • Net interest income (NII) increased by 24.9% YoY.

8. 360 ONE

  • Revenue growth in Q3 was driven by annual recurring revenue (ARR).
  • Acquired B&K Securities for ₹1,884 crore.

9. Arvind SmartSpaces

  • Announced plans to develop a mega industrial park in Ahmedabad with a revenue potential of ₹1,350 crore.

10. Astec LifeSciences

  • EBITDA losses contracted, while revenue surged 84% YoY.

11. Aditya Birla Sun Life

  • EBITDA grew by 41.2%, with margins improving to 61.6% from 56.9% YoY.

12. Emami

  • EBITDA rose 7.6% YoY, with margins improving to 32.3% from 31.6% YoY.

13. Mahindra Logistics

  • EBITDA jumped 41.2%, with margins improving to 4.6% from 3.7% YoY.

14. Prataap Snacks

  • Reported a net loss and EBITDA loss compared to profits YoY, signaling challenges in the current quarter.

15. Updater Services

  • Net profit rose 52.2%, and revenue grew by 9.3% YoY.

16. Azad Engineering

  • Secured a purchase order for supercritical turbine components from BHEL.

17. Oriental Rail Infrastructure

  • Its subsidiary won an order worth ₹575 crore from Indian Railways.

18. AurionPro

  • EBITDA grew by 24%, with revenue rising 32% YoY.

19. Greenlam Industries

  • The company will consider a bonus issue of shares during its January 30 meeting.

20. Federal Bank

  • Business momentum hit a 14-quarter low, with net interest margin (NIM) dropping to an 18-quarter low of 3.11%.

21. Union Bank of India

  • YoY deposit growth was the lowest in 13 quarters, and advances growth was the lowest in 12 quarters.

22. Petronet LNG

  • Delivered mixed Q3 earnings, with revenue declining 6%.

23. Kaynes Technology

  • Q3 results fell below estimates, with EBITDA margin improving slightly to 14.2% from 13.7% YoY.

24. RailTel Corporation

  • EBITDA declined 6.6%, with margins falling to 15.8% from 19.4% YoY.

25. Paytm

  • Nakul Jain, the MD & CEO of Paytm Payments Services, has resigned, marking a leadership change.

26. Maharashtra Seamless

  • EBITDA declined by 24.4%, with margins shrinking to 19.9% from 25.9% YoY

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

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