Stock Market News: January 20th Top Stocks Expected to Surge

Indian Stock Market – Exploring Lucrative Investment Prospects on January 20, 2025

Kotak Mahindra Bank Ltd

• Financial Services | Large Cap
• Rs.1918.00/-

Kalyan Jewellers India Ltd

• Consumer Cyclical | Mid Cap
• Rs.7536.20/-

Wipro Ltd

• Technology | Large Cap
• Rs.301.55/-

Reliance Industries Ltd

• Energy | Large Cap
• Rs.1313.00/-

Laxmi Dental Ltd

• Healthcare | Small Cap
• Rs.547.00/-

Axis Bank Ltd

• Financial Services | Large Cap
• Rs.978.55/-

Indus Towers Ltd

• Communication Services | Large Сар
• Rs.377.25/-

Vodafone Idea Ltd

• Communication Services | Mid Cap
• Rs.10.39/-

BLS International Services Ltd

• Technology | Small Cap
• Rs.458.60/-

BSE Ltd

• Financial Services | Mid Cap
• Rs.5936.90/-

Indian Hotels Co Ltd

• Consumer Cyclical | Large Cap
• Rs.782.40/-

HDFC Bank Ltd

• Financial Services | Large Cap
• Rs.21645.40/-

Hindustan Aeronautics Ltd

• Industrials | Large Cap
• Rs.4188.50/-

Zomato Ltd

• Technology | Large Cap
• Rs.250.80/-

Tech Mahindra Ltd

• Technology | Large Cap
• Rs.1655.80/-

Mazagon Dock Shipbuilders Ltd

• Industrials | Mid Cap
• Rs.2353.90/-

Trending Top Stories in The Indian Stock Market on January 20, 2025

1. Wipro Q3FY25 results saw net profit growing 4% QoQ to Rs 3,354 crore and revenues to Rs 22,319 crore, which had led to a share price spurt of 8%.

2. ICICI Prudential Mutual Fund acquires 1.1% stake in Asian Paints Limited after buying 108 lakh equity shares.

3. Control Print saw its revenue increase by 16.5% YoY at 103.33 crore; however, its net profit had declined by 38.5% YoY at 8.27 crore.

4. SBI Research expects RBI to announce long-term buy-sell currency swaps for liquidity management.

5. Seshasayee Paper reports Q4 2024 net sales of Rs 431.33 crore, down 8.9% Y-o-Y, and net profit down 75.89% to Rs 16.63 crore.

6. The proposed relief may cut Tata Teleservices’ AGR dues by around Rs 14,000 crore.

7. National Aluminium to clock in 39.1% revenue growth and 205% PAT growth for December 2024 quarter with the uptrend in the aluminium prices while maintaining cost inputs steady.

8. 5Paisa Capital announced Q4 December 2024 net sales of Rs 85.27 cr, that decreased by 14.95% Y-o-Y, though the net profit improved by 7.23% at Rs 16.18 cr.

9. HDFC Life reported Q4 December 2024 Life net sales of Rs 17,300.27 crore, down 35.75% Y-o-Y, while net profit stood at Rs 421.31 crore, up 14.63% Y-o-Y.

10. Tata Consumer Products and PepsiCo TATA forged strategic partnership to produce and sell packaged snacks in India, Kurkure and Chings Secret.

11. Kalyan Jewellers shares jumped over 7% after Motilal Oswal AMC clarified the bribery allegations as absurd and confirmed that there have been no IT raids.

12. Jefferies maintained ‘buy’ rating on Macrotech Developers with a target price of 1,615 as the company delivered strong operational performance and market conditions.

13. Brokerages remained bullish on SBI Life Insurance, raising the target prices between ₹1,770 and 2,100 after the company reported a strong Q3 performance.

14. Biocon asks government to exempt cancer and rare-disease drugs from tax for making treatments more affordable.

15. Nomura maintains ‘buy’ rating on SBI OSBILife Life, adjusts target price to ₹1,800. HSBC increases target price to ₹1,800 from ₹1,720.

16. Nomura upgrades Havells India to Buy from Neutral, target price set at Rs 1,943, citing strong growth prospects and attractive valuations.

17. Jefferies maintains ‘buy’ rating on ICICI Lombard, sets target price at ₹2,500, citing strong earnings growth and strategic initiatives.

18. Nirmal Bang downgraded the rating on RBL Bank from Hold to Sell, and further reduced the target price to 144 as both microfinance and credit card space are witnessing immense stress.

19. Jefferies upgrades SBI Life to buy with a price target of 1,770, citing impressive growth in new business value.

20. Jefferies maintains Buy with a target of ₹3,800 on Adani adani Enterprises citing assets monetization cash flows to see improvement.

21. Brokerages remain cautious on Tech Mahindra; Citi cuts price target to Rs 1,440, while Jefferies maintains ‘underperform’ rating with target at Rs 1,480.

22. Jefferies lowers target price for Adani Ports to 1,440 from ₹1,855; Buy rating retained, but volume growth expectations have moderated.

23. Oberoi Realty sees YoY revenue growth to ₹1,528 crore and net profit rise to 714 crore for the December quarter 2024.

24. MCX: Revenue at ₹313 crore; net profit ₹169 crore with YoY growth. The company has managed a turnaround from loss-making quarters in the past.

25. Kotak Mahindra Bank: The bank’s net profit rose 10% YoY to Rs 4,701 crore. Brokerages upgraded the ratings due to the strong performance coupled with stable NIM.

26. L&T Finance: Net interest income rose QoQ at ₹2,246 crore but the net profit fell to ₹569 crore.

27. Jefferies maintains buy call on Adani Green Energy, but cuts its price target by 35% to 1,300 as it revises down estimates of capacity.

28. Government is working on relief plan for Vodafone Idea, wherein it may consider waiving 50% interest and all penalties on AGR dues, which may help the telco save more than 52,000 crore.

29. Kotak Mahindra Bank saw a 10% YoY jump in net profit to ₹3,305 cr, beating expectations; five brokerages upgrade their target prices to between 2,020 and ₹2,111.

30. Supreme Petrochem reports Q3 FY25 net profit of *71.4 crore, up 5.5% YoY, with revenue increasing 18.3% to 1,405.3 crore.

31. Centrum Broking assigns a buy rating on LTI Mindtree with a target price of Rs 7,188, citing strong revenue growth momentum and a robust deal pipeline.

32. Bernstein maintains outperform rating on Infosys with a target price of Rs 2,330, citing strong revenue and earnings performance.

33. Emkay Global Financial Services lifted SBI Life Insurance to the buy category from add with a revised target price of Rs 1,850 (+27%).

34. One 97 Communications, Paytm: The company is among 36 slated to announce their quarterly earnings for Q3 ended December 31, 2024.

35. IDBI Bank is also one among 36 scheduled to declare Q3 ended December 31, 2024 results.

36. L&T Finance declares Q3 FY25 results on January 20, 2025.

37. Ramkrishna Forgings posts a 14.6% YoY growth in net profit at Rs 99.6 crore and a 7.9% revenue growth to Rs 1,073.8 crore in Q3 FY25.

38. Tech Mahindra inaugurates an advanced Manufacturing Experience Centre in Chennai to boost Al-based innovations for manufacturers.

39. Gobind Jain steps down as CFO of IndusInd Bank, new CFO appointed – Arun Khurana – to be effective from January 21, 2025.

40. IsmartU India acquires land, building, and machinery of KHY Electronic India for Rs 133 crore.

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This page lists the most active stocks traded on the Indian Stock Market, sorted by trading volume and price movements for the day. Investors and traders can utilize this list for quick identification of potential potentially lucrative investment opportunities and to keep abreast of the current trends in the market.