As Indian equity benchmarks Sensex and Nifty50 kick off the first trading session of 2025, market sentiment will be shaped by various corporate developments and macroeconomic updates. The previous session wrapped up 2024 with mixed sentiments. The Sensex fell 109 points, or 0.1%, to end at 78,139, while the Nifty50 remained almost unchanged at 23,645.
Key Stocks in Focus
SJVN
The company has signed an MoU with the Bihar government for the development of the 1000 MW Hathidah Durgawati Pumped Storage Project.
Kalpataru Projects
Kalpataru Projects has secured new orders worth ₹1,011 crore.
Dynacons
Dynacons has bagged a ₹280 crore data center project from Canara Bank.
Indo-Tech Transformers
The company has won a ₹117.17 crore order for the supply of 150 MVA transformers.
BMW Industries
The company has secured new long-term work orders valued at ₹364.7 crore.
Jagatjit Industries
The company has ended its manufacturing agreement with Hindustan Unilever.
Suzlon Energy
CRISIL has upgraded the rating of Suzlon Energy’s wholly-owned subsidiary SE Forge Limited to BBB+.
RPP Infra Projects
The company is entering a partnership with Paper Pack Packaging Industry, contributing up to ₹80 million with a 95% profit-sharing arrangement.
Aviation Stocks
Jet fuel prices have been reduced by ₹1,401 per kiloliter to ₹90,455.47 per kiloliter in Delhi.
IREDA
Indian Renewable Energy Development Agency (IREDA) has reported a doubling of loans sanctioned, with its book size nearing ₹70,000 crore.
PayTM
NPCI has extended the 30% volume cap for third-party application providers (TPAPs) by two years until December 31, 2026.
Telecom Stocks
The Department of Telecommunications has released the Telecommunications (Right of Way) Rules, 2024, aimed at improving the management of underground communications infrastructure.
Macrotech/Signature/Oberoi
Mumbai registered 12,363 property transactions in December 2024, the highest in 13 years.
PNC Infratech
The company has received approval from NHAI for divestment in its Rajasthan Highways subsidiary.
Power Grid Corporation
The company has incorporated a subsidiary to develop Rajasthan’s intra-state transmission system.
Jupiter Wagons
The company has increased its stake in subsidiary Jupiter Electric Mobility from 60% to 75%.
Lemon Tree Hotels
The company announced the resignation of its Group Company Secretary and Compliance Officer, effective January 31, 2025.
Bank of India
The bank has raised USD 300 million through a syndicated term loan.
Tata Consultancy Services (TCS)
TCS will consider its Q3 results and the third interim dividend on January 9.
Piramal Enterprises
The company has invested ₹10 billion in Piramal Capital & Housing Finance via a rights issue.
Super Sales India
The company has announced the acquisition of a 26% stake in Srri Shamundi Spinners Energy.
GTPL Hathway
The company plans to acquire a 49% equity stake in GTPL Vision Services for ₹113.1 million.
India Cement
Suresh Vasant Patil has been appointed as the new Chief Executive Officer, effective January 1, 2025.
Sun Pharmaceutical
The company has sold its 100% stake in Sun Pharma Japan Technical Operations Limited to Zaza Industrial Holdings K.K.
Reliance Industries
The company announced a significant increase in its stake in Viacom18 Media Private Limited.
ITC
The demerger of ITC Hotels takes effect today, with January 6 as the record date.
Auto Stocks
Auto manufacturers, including Maruti Suzuki, Tata Motors, and Mahindra & Mahindra, have implemented price hikes of 3-4%.
Thomas Cook
The company reported a cyberattack targeting its IT infrastructure.
Ease My Trip
Co-founder Nishant Pitti sold a 1.41% stake via a block deal.
