The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.17% higher by 38.50 points at 23,238, indicating that the domestic benchmark indices are likely to make a positive start on Monday.
On Friday, 17 January, Domestic benchmark indices S&P BSE Sensex slumped by 423.49 points or 0.55% and settled at 76,619.33 while the Nifty50 traded slipped 108.60 points or 0.47%, settling at 23,206.20.
Here are some stocks that are likely to remain in focus on 20 January.
Quarterly Results Today: Indian Railway Finance Corporation, One97 Communications, ICICI Securities, Central Bank of India, Indian Overseas Bank, Zomato, Oberoi Realty, Dixon Technologies (India), Newgen Software Technologies, Supreme Industries, Sunteck Realty, L&T Finance, Macrotech Developers, Morarka Finance, Mongipa Steel, International Travel House, Jai Mata Glass, Artson Engineering, and Vinar International are some of the prominent companies set to announce their quarterly earnings for October-December.
Dixon Technologies: The company’s subsidiary, IsmartU India, has announced signing an MoU for acquiring land, buildings, machinery, and assets from KHY Electronic India for a total consideration of Rs 133 crore, reinforcing their production capabilities.
Wipro: In its quarterly earnings for October-December, the company reported a 24.4% year-on-year (YoY) increase in net profit to Rs 3,354 crore for the quarter and a marginal growth of 0.5% in revenue to Rs 22,319 crore.
KP Energy: The company has announced the commissioning of its 252 megawatt (MW) wind power project in Gujarat, marking a significant milestone with its latest 6.3 MW phase at the Sidhpur site in Devbhoomi Dwarka.
Power Grid Corporation: The company has announced that it will acquire 77,30,225 equity shares of IL&FS Energy Development Company for a total consideration of Rs 14.73 crore, and it will increase the company’s stake in Cross Border Power Transmission Company to 42%.
Adani Energy Solutions: Adani Electricity Mumbai has announced acquiring a 100% equity state in Superheights Infraspace to develop a 220 kV extra high-voltage substation on prime land at Bandra Kurla Complex, Mumbai.
Tata Steel: The company has filed a curative petition with the Supreme Court for the tax imposition on its mineral-bearing land in Odisha.
GMR Airports: The company has recorded its highest-ever passenger traffic during December 2024 to 1.08 crore passengers, marking a 9% YoY increase. During December 2024, the company also saw a 7% growth in aircraft movements.
Ashapura Minechem: The subsidiary of the company has announced its intention to enter into a Memorandum of Understanding (MoU) with China Railways to develop the Fako Bauxite Deposits in Guinea with the aim of expanding its mining portfolio.
TD Power Systems: The company has announced that it is securing an order worth Rs 57 crore to supply induction motors from NPCIL.
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