Stocks To Watch Today Indus Towers, Dr Reddys Labs, United Spirits, Akums Drugs, Ema Partners, Jyoti Structures, Cyient In Focus On 24 January

Stocks to Watch Today: Indus Towers, Dr Reddys Labs, United Spirits, Akums Drugs, EMA Partners, Jyoti Structures, Cyient in focus on 24 January

Earnings to Watch Today, January 24

Several stocks across industries are set to release their quarterly results today, including:

  • JSW Steel
  • Hindustan Petroleum Corporation
  • Bank of India
  • InterGlobe Aviation (IndiGo)
  • Godrej Consumer Products
  • DLF
  • AU Small Finance Bank
  • Aditya Birla Money
  • DAM Capital Advisors
  • DCB Bank
  • Fedbank Financial Services
  • Granules India
  • Jindal Saw
  • Laurus Labs
  • Shriram Finance
  • Solara Active Pharma Sciences
  • Supriya Lifescience
  • Torrent Pharmaceuticals
  • Trident
  • Ugro Capital

Earnings to Watch Tomorrow, January 25

Expect earnings announcements from prominent stocks tomorrow, such as:

  • ICICI Bank
  • NTPC
  • IDFC First Bank
  • Yes Bank
  • Balkrishna Industries
  • Gujarat Ambuja Exports
  • Go Fashion (India)
  • JK Cement
  • Macrotech Developers
  • NTPC Green Energy
  • SBFC Finance
  • Transport Corporation of India

Quarterly Earnings Highlights

Dr. Reddy’s Laboratories (YoY)

  • Profit: Up 2.5% to ₹1,413.3 crore (from ₹1,378.9 crore).
  • Revenue: Increased 15.9% to ₹8,358.6 crore.
  • EBITDA: Rose 8.9% to ₹2,298.2 crore.
  • Margins: Fell by 180 bps to 27.5%.

Indus Towers (YoY)

  • Profit: Soared 160% to ₹4,003.2 crore.
  • Revenue: Increased 4.8% to ₹7,547.4 crore.
  • EBITDA: Jumped 93.2% to ₹6,997.1 crore.
  • Margins: Expanded sharply to 92.7% from 50.3%.
  • New Initiative: Indus Towers launched pilot EV charging stocks in Gurugram and Bengaluru.

United Spirits (YoY)

  • Profit: Fell 4.3% to ₹335 crore.
  • Revenue: Grew 14.4% to ₹3,433 crore.
  • EBITDA: Rose 16.9% to ₹568 crore.
  • Margins: Marginally up by 30 bps to 16.5%.
  • Exceptional Loss: ₹65 crore versus nil in the prior period.

Adani Green Energy (YoY)

  • Profit: Grew 85.2% to ₹474 crore.
  • Revenue: Increased 2.3% to ₹2,365 crore.
  • Exceptional Loss: Reduced to ₹16 crore (from ₹100 crore).
  • Tax Credit: ₹109 crore versus prior tax expense of ₹68 crore.

Hindustan Petroleum Corporation (QoQ)

  • Profit: Surged 378.9% to ₹3,022.9 crore.
  • Revenue: Up 10.6% to ₹1,10,505.4 crore.

Stocks to Watch

  • Kotak Mahindra Bank: Completed the ₹3,330 crore acquisition of Standard Chartered India’s personal loan book.
  • Jyoti Structures: Awarded a ₹741.28 crore project from PowerGrid Corporation for HVDC Bipole Line commissioning.
  • Bondada Engineering: Signed an MoU with the Assam government for a 100 MW hybrid renewable energy plant with a ₹450 crore investment.
  • Adani Wilmar: Commenced operations at its integrated food processing stocks plant in Haryana.
  • Greenlam Industries: Began production at its chipboard facility in Andhra Pradesh with a potential annual revenue of ₹750 crore.
  • HG Infra Engineering: Set up a subsidiary for a ₹763.1 crore road project in Uttar Pradesh.

Industry Updates

  • Cipla: Global Chief Manufacturing Officer Rajeev Kumar Sinha has resigned, effective April 2, 2025.
  • Procter & Gamble Hygiene: Changed its fiscal year from July–June to April–March, making FY25 a 9-month period.
  • IndiGo Market Share: Increased to 64.4% in December from 63.6% in November.
  • Spandana Sphoorty Financial: Reported a net loss of ₹440 crore, compared to a ₹127 crore profit last year.

F&O Ban

Stocks under the F&O ban include:

  • Aditya Birla Fashion & Retail
  • Bandhan Bank
  • Can Fin Homes
  • Dixon Technologies
  • IndiaMART InterMESH
  • L&T Finance
  • Manappuram Finance
  • Mahanagar Gas
  • Punjab National Bank

Stay tuned for more updates on the stocks!

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