Top stocks to watch in trade today: BEL, Adani Energy, Anand Rathi, Zee Media, ITI, Angel One, United Spirits, Bajel Projects and more

Indian equity markets continued their downtrend on January 13, 2025, marking the fourth consecutive session of losses. The Sensex fell 1,048.90 points, or 1.36%, closing at 76,330.01, while the Nifty dropped by 345.55 points, or 1.47%, settling at 23,085.95.

Stocks to Watch Today – January 14, 2025:

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  • BEL (Bharat Electronics Ltd.):
    • Additional Orders: ₹561 crore worth of new orders since the last disclosure on December 23, 2024.
  • JSW Energy:
    • Bid Success: Wins bid for the 3.6 GW KSK Mahanadi Thermal Power Plant under the Insolvency and Bankruptcy Code (IBC).
  • Adani Energy:
    • Q3 Growth: Transmission network length up by 30%, and power transformation capacity up by 54% YoY.
  • Anand Rathi:
    • Revise Guidance: Raises FY25 revenue and PAT guidance, and board approves 1:1 bonus issue.
  • Piramal Enterprises:
    • Possible Transaction: May receive up to $200 million from the divested arm, Piramal Imaging SA.
  • Himadri Specialty Chemicals:
    • Q3 Performance: Margins up by 290 bps, with EBITDA rising 27% YoY.
  • Bajel Projects:
    • New Contract: Bags supply of goods and services contract from Adani Energy for two transmission lines.
  • Zee Media:
    • Capital Raise: To raise up to ₹400 crore, and increase FPIs & FIIs shareholding limits to 49%.
  • ITI Ltd.:
    • New Orders: Bags orders worth ₹64 crore for Wi-Fi, LAN, and CCTV installations.
  • HCL Technologies (HCLTech):
    • Q3 Performance: Constant currency revenue growth below estimates; FY25 revenue guidance revised higher but remains on the lower end.
  • Delta Corp:
    • Weak Performance: Reports weak performance in a traditionally strong quarter; EBITDA down 42% YoY.
  • United Spirits (USL):
    • Leadership Change: Hina Nagarajan to step down as MD & CEO, with Praveen Someshwar set to take over.
  • Angel One:
    • Q3 Results: Reports a 507 bps decline in margin, with EBITDA down 26% QoQ.

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.