Indian equity indices closed positively on January 30, with the Sensex rising by 226.85 points to close at 76,759.81, while the Nifty gained 86.40 points to end at 23,249.50.

Key stocks in focus:

  • Wipro: Secured a multi-million-dollar 5-year IT transformation deal with Etihad.
  • Tata Consumer Products: Q3 results in line with expectations; international business margins improve.
  • NBCC, Solar Industries, Torrent Power, Phoenix Mills: Included in the F&O segment starting today.
  • Shree Cement: Q3 performance exceeds expectations; on track to commission 15 MTPA capacity by Q1 FY26.
  • PB Fintech: Premium generation rose 46%, revenue surged 48% YoY.
  • Kalyan Jewellers: EBITDA increased by 19% YoY.
  • Navin Fluorine: Q3 revenue in line; PAT and EBITDA margins beat estimates.
  • IRCON International: JV wins a contract worth Rs 631 crore, with the company’s share at Rs 164 crore.
  • Astral: EBITDA up by 7%; margins improved to 15.7% from 15% YoY.
  • Prestige Estates: EBITDA rose 7%, margin expanded to 35.7% YoY.
  • Ajanta Pharma: EBITDA grew 2%, revenue increased 4% YoY.
  • Pricol: EBITDA improved by 12%, with margins reaching 12% (vs 11.8% YoY).
  • Parag Milk Foods: EBITDA up 14%, with margin at 8.4% (vs 8% YoY).
  • Protean eGov: Shifted from EBITDA loss to positive; revenue flat YoY.
  • Paradeep Phosphates: Signed an MoU with the Odisha government for an investment of Rs 4,000 crore.
  • Epack Durable: Received Rs 78 lakh under the M-SIPS incentive scheme.
  • Zaggle: Partnered with Ekincare for a customer-focused health and wellness wallet.
  • Aavas Financiers: Loan disbursals increased by 17%, NII grew 16% YoY.
  • Western Carriers: Secured an order worth Rs 170 crore from Hindustan Zinc.
  • L&T: Q3 performance fell below estimates, but guidance across all parameters remains intact.
  • JSPL: Standalone EBITDA/tonne below expectations; EBITDA down 3% YoY.
  • Biocon: Q3 miss; margins contracted to 19.6% (vs 21% YoY).
  • Bank of Baroda: Domestic NIM hit a 10-quarter low, while the CASA ratio reached an 18-quarter low.
  • CONCOR: EBITDA declined by 10.1%; margin narrowed to 21.1% (vs 23.4% YoY).
  • Indegene: EBITDA fell 11.5%, with margins down to 18.2% (vs 22% YoY).
  • Praj Industries: EBITDA dropped 25.5%, and margins fell to 8.5% YoY.
  • Greenlam Industries: EBITDA contracted by 10.7%, with margins declining to 10.6% (vs 12.6% YoY).
  • Goa Carbon: Reported a net loss, with revenue plummeting 52.5% YoY.

The day ahead will see investors closely monitoring the post-Q3 announcements and the broader market sentiment, especially around stocks with sharp earnings revisions.

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