The domestic equity market is likely to begin Wednesday, January 21, on a muted note, with early indicators signalling a largely flat opening. GIFT NIFTY futures were trading around 7 points higher, pointing to a marginally positive start for the NIFTY50 index amid mixed global cues and cautious investor sentiment.
Stocks to Watch Today – January 21
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Canara Robeco reported profit growth of 10.4% YoY, while revenue increased 15% YoY.
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Delhivery announced automation of logistics operations using AI agents.
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Rallis India posted EBITDA growth of 31.8% YoY, with margin improving to 9.3% from 8.4%.
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Zaggle entered into an agreement with Forever New Apparels.
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Ramkrishna Forgings commenced commercial production at its aluminium forging facility.
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Imagicaa disclosed a non-binding interest or offer with Keshav Holiday Resort to form a joint venture.
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United Spirits reported Q3 volumes below estimates, with EBITDA also missing estimates due to higher advertising spends.
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Mastek saw weak revenue growth; margin improved sequentially to 16.1% from 15.5%.
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SRF highlighted persistent pricing pressure from Chinese competitors across some core products.
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IndiaMART continued to face pressure in silver-tier customer conversion, leading to margin decline.
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Shoppers Stop reported an 11% YoY decline in EBITDA, with profitability impacted by exceptional loss.
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Baazar Style Retail said Cupid will invest ₹331 crore via warrants for an 11.9% stake at ₹328.25 per share.
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Cyient DLM posted a 31.7% YoY decline in revenue, with EBITDA down 3.3%.
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Supreme Petrochem reported EBITDA decline of 70% YoY, with margin at 8% versus 8.9%.
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Jammu and Kashmir Bank saw NII decline 1.3% YoY, while NIM fell 42 bps.
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Vikram Solar reported EBITDA decline of 79% YoY, with margin at 18.5% versus 97%.
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