India’s equity benchmarks are likely to open flat to slightly negative on January 23 (IST), mirroring weak early global cues. With risk appetite muted and investors staying selective, market participants are expected to track company-specific developments and earnings-led movements rather than broad-based trends. Against this backdrop, several stocks are set to remain in focus today.
Stocks to Watch Today – January 22
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Belrise Industries: Acquired aerospace-related equipment for €350,000; transaction size indicates limited near-term financial impact.
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Swan Defence: Secured a $227 million contract to build six 18,000 DWT IMO Type II chemical tankers, supporting order book visibility.
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Zaggle Prepaid Ocean Services: Entered into a service agreement with HDFC ERGO General Insurance, expanding its enterprise client engagement.
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Cigniti Technologies: EBITDA rose 21.3% YoY; margin improved to 18% from 16.5% YoY.
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Atlanta Electrical: Reported 80% YoY revenue growth; operating margin stood at 19.4%.
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IndiGo: Profit impacted by ₹1,547 crore exceptional losses; company indicated core business performance remained stable.
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Cyient: Profit declined 32%, while dollar revenue increased 1.9% QoQ.
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Premier Energies: Q3 performance below estimates; order book saw a marginal QoQ decline.
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Adani Total Gas: Margin remained flat at 20.3%; net profit declined 3.3% QoQ.
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Gujarat State Petronet: EBITDA fell 1.2% QoQ; revenue declined 2.7% QoQ.
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Suryoday Small Finance Bank: Net NPA increased to 6.69% from 5.93% QoQ; NII rose 3% YoY.
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Syngene International: Margin declined to 22.8% from 30% YoY; EBITDA down 26% YoY.
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HG Infra Engineering: CBI and Anti-Corruption Bureau conducted search operations at company offices.
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EKI Energy Services: Reported EBITDA loss versus profit YoY; revenue declined 75% 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.
