Stocks To Watch on January 10: TCS, GTPL, IREDA, IRB Infra, Adani Total and more

Green

  1. Godrej Properties: Acquires a 24-acre land parcel in Indore, estimating a revenue potential of ₹500 crore.
  2. Mahanagar Gas Ltd (MGL): Domestic gas allocation at APM price increased from 37% to 51%.
  3. Adani Total: Allocation of APM gas revised upwards by 20%.
  4. Mazagon Dock Shipbuilders: Delivers the sixth Scorpene-class submarine Vaghsheer to the Indian Navy.
  5. NHPC/PTC: NHPC reportedly eyes acquiring PTC India’s power trading business (as reported by Mint).
  6. IRB Infra: Reports December toll collections at ₹580 crore, up 19% YoY from ₹488 crore.
  7. Indegene: Partners with CliniOps for digital transformation in clinical trials.
  8. Phoenix Mills: Reports Q3 consumption growth of 21%; like-to-like basis consumption growth stands at 10% YoY.
  9. Surya Roshni: Secures an ₹81.47 crore order from BPCL for a CGD project across India.
  10. Senores Pharmaceuticals: Receives USFDA ANDA approval for Metoprolol and Hydrochlorothiazide tablets.

Red

  1. TCS: Q3 growth remains muted, although deal wins and commentary remain positive.
  2. L&T: Faces backlash following the chairman’s remarks on extended work hours and a working Sunday.
  3. Adani Wilmar: Promoter plans to sell a 20% stake via OFS at a floor price of ₹275 per share.
  4. IREDA: Asset quality deteriorates, with gross NPA rising by 30.4% and net NPA increasing by 53.75% QoQ.
  5. SRF: Clarifies that a reported refrigerant gas price hike pertains only to the U.S. market.
  6. SAMIL: Secures Prysm Systems’ assets via public auction, but delays Gen 3 prototype development.
  7. Tata Elxsi: Reports flat Q3 constant currency revenue growth, with profit declining 13.3% QoQ.
  8. GTPL Hathway: Q3 EBITDA drops 12.6%, with margins shrinking to 11.9% from 14.2% YoY.

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