The Indian stock markets are poised for a positive start on Thursday, January 16, 2025, buoyed by an upswing in global sentiment. The improved market mood follows encouraging news of a ceasefire and hostage deal between Israel and Hamas, which has bolstered investor confidence worldwide. Here are the key stocks to watch today:
Stocks in Focus
- L&T Technology Services
The company reported an in-line operating performance for Q3, with its highest-ever large deal bookings. - HDFC Life Insurance
HDFC Life’s Q3 performance exceeded estimates, with the company retaining its guidance for VNB (Value of New Business) and APE (Annualized Premium Equivalent) growth. - Happiest Minds Technologies
The firm has announced a collaboration with Coca-Cola Vietnam to develop a generative AI-powered conversational interface, showcasing its commitment to innovation. - Rail Vikas Nigam Limited (RVNL)
RVNL’s joint venture has secured a significant order worth ₹3,622 crore from BSNL for the Middle Mile Network of Bharat Net, highlighting its growing project portfolio. - GAIL (India) Limited
The company has finalized a settlement agreement with SEFE Marketing & Trading Singapore Pte, resulting in a payment of $285 million to GAIL. - Hitachi Energy
Hitachi Energy’s board is set to consider a fund-raising proposal through various routes in its meeting scheduled for January 18, 2025. - Transrail
The company reported a 16.4% YoY increase in EBITDA for Q2 FY25, with margins improving to 12.9% from 12.5%. - Indian Railway Finance Corporation (IRFC)
IRFC has signed a lease agreement with NTPC for eight BOBR rakes valued at ₹250 crore, further strengthening its revenue stream. - Gensol Engineering
Gensol has partnered with Refex Green Mobility to facilitate the transfer of 2,997 electric four-wheelers. - Azad Engineering
The company secured a contract worth approximately ₹960 crore from GE Vernova for gas turbine engines. - Man Industries
The board will meet on January 18, 2025, to deliberate on a fund-raising proposal via preferential issue. - Antony Waste Handling Cell
Antony Waste reported a 3.2% YoY rise in total tonnage for Q3, reaching 1.18 million tons. - Shalby
The healthcare company has received US FDA premarket notification clearance for its knee replacement device. - Nazara Technologies
The board of Nazara Tech is set to discuss a fund-raising initiative via preferential issue in its meeting on January 20, 2025.
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stocks to watch