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MARKETS

Stocks in Focus: KPI Green, Jubilant FoodWorks, TCS and Others

The mid-cap and small-cap indices performed well with respective rises of 0.8% and 1.1%.

The GIFT Nifty futures were trading in a flattish range before the market’s opening on Wednesday. Indices are expected to open on a similar flat note.

Domestic benchmark indices, NSE Nifty 50 and S&P BSE Sensex, ended lower on Tuesday after rising more than a per cent in the morning session due to selling in market heavyweights. Nifty closed 215.50 points or 0.99% lower at 21,522.10, while Sensex lost 1.11% or 801.67 points to settle at 71,139.90.

Here are some stocks that are likely to remain in focus on January 31.

Tata Consultancy Services (TCS): The information technology company announced a 15-year expansion of its partnership with the British Insurance, Wealth, and Retirement provider Aviva to transform the latter’s UK Life business and enhance customer experience leveraging the TCS BaNCS-based platform.

Quick Heal Technologies: The software company announced that its safe browser and safe banking feature has been certified by AV Lab Cybersecurity Foundation, Poland, as one of the safest for browsing and online banking.

Jubilant FoodWorks: The food service company said on Tuesday that Domino’s has joined the Open Network for Digital Commerce (ONDC) Network, starting with Delhi, NCR. Customers in other cities will be able to order Domino’s Pizza via ONDC soon.

KPI Green Energy: KPIG Energia Pvt Ltd, a wholly-owned subsidiary of the solar energy company under the ‘Captive Power Producer (CPP)’ segment, has won a new order of 5 MW for executing a solar power project, scheduled to be completed in FY2024-25 in multiple tranches. 

Companies announcing their Q3FY24 Results today: Adani Wilmar, Amara Raja Energy & Mobility, Ambuja Cements, Balaji Amines, Bank Of Baroda, Dabur India, Dixon Technologies, Fino Payments Bank, GMR Airports Infrastructure, IDFC, IRB Infrastructure Developers, Jindal Steel & Power, Jubilant Foodworks, Kalyan Jewellers India, Lux Industries, Mankind Pharma, Maruti Suzuki India, Nilkamal, PTC India Financial Services, Punjab & Sind Bank, PVR INOX, Relaxo Footwears, Shree Cements, Sun Pharmaceutical Industries, Suzlon Energy, Thomas Cook (India), Tips Films and Tracxn Technologies, among others. 

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