Indian Stock Market – Exploring Lucrative Investment Prospects on January 24, 2025
Stock Market And Business Top Stories on 24th January 2025
Cyient Ltd
Technology | Small Cap
Rs.1431.95/-
Amber Enterprises India Ltd
Consumer Cyclical | Small Cap
Rs.7011.20/-
One 97 Communications Ltd
E-Commerce/App based Aggregator | Mid Cap
Rs.829.25/-
HDFC Bank Ltd
Financial Services | Large Cap
Rs.1665.40/-
Aegis Logistics Ltd
Financial Services | Small Cap
Rs.729.60/-
Dr Reddys Laboratories Ltd
Basic Materials | Large Cap
Rs.1233.20/-
Kalyan Jewellers India Ltd
Consumer Cyclical | Mid Cap
Rs.465.65/-
Hindustan Petroleum Corporation Ltd
Energy | Mid Cap
Rs.365.75/-
Zomato Ltd
Technology | Large Cap
Rs.217.45/-
Indus Towers Ltd
Communication Services | Large Cap
Rs.372.30/-
KFin Technologies Ltd
Financial Services | Small Cap
Rs.1212.30/-
Dixon Technologies (India) Ltd
Consumer Cyclical | Mid Cap
Rs.15350.00/-
BSE Ltd
Financial Services | Mid Cap
Rs.25918.30/-
Reliance Industries Ltd
Energy | Large Cap
Rs.1257.45/-
UltraTech Cement Ltd
Basic Materials | Large Cap
Rs.11386.00/-
Adani Green Energy Ltd
Utilities | Large Cap
Rs.1030.60/-
Trending Top Stories in The Indian Stock Market on January 24, 2025
Shares of Tejas Networks declined 8.87% as it fell short of Street estimates with a sequential dip in net profit and revenue, even though it was positive on a year-on-year comparison basis.
Spandana Sphoorty Financial Ltd posted a Q3 FY25 loss of ₹393.9 crore, which saw the shares put a 5% lower circuit limit.
Syngene International cut FY25 Syngene revenue guidance to single-digit growth as demand recovery remained delayed, but the net profit in Q3 came in at 18% YoY.
Bank of India to declare Q3 results today and has sanctioned ₹5,000 crore fund raising through infrastructure bonds.
Kalpataru Projects International wins new orders worth Rs 2,038 crore, taking YTD order intake to Rs 19,361 crore.
Cyient’s CEO quits; the company lowers FY25 revenue growth guidance to -2.7% after Q3 profit falls 32%.
DLF will declare Q3 results on January 24, 2025, and market participants are eagerly waiting for updates.
The Dr Reddy’s shares declined by 6% after the announcement of Q3 FY25 results due to its fears over decreasing Revlimid revenue and a growing competition in the US market.
HFCL bagged advance purchase orders worth Rs 2,167.65 crore from RVNL for implementing BharatNet Phase III in Uttar Pradesh that will be undertaken over three years.
JP Morgan maintained ‘Neutral’ rating on United Spirits with the target price at *1,415, due to margin expansion and festive season positivity.
Jyoti Structures received a Rs 741.28 crore order from PowerGrid Corporation for the design and commissioning of HVDC Bipole Line.
Tejas Networks posts Q3 FY25 net profit of *165.7 crore, but sees sequential declines in revenue and EBITDA.
Shriram Finance will announce its December quarter results on January 24.
NHPC forms joint venture APGENCO NHPC Green Energy with APGENCO to develop renewable energy projects, incorporated on January 23, 2025.
AU Small Finance Bank will declare its Q3 earnings report on January 24, 2024.
Citi maintains BUY rating on UltraTech Cement, raises target price to ₹13,100, citing 12% volume CAGR through FY25-27.
Godrej Consumer Products will declare their Q3 report cards on January 24, 2024.
H.G. Infra Engineering has formed a subsidiary for its Rs 763.1-crore Uttar Pradesh road project.
Jyoti Structures Ltd has received a project order worth Rs 741.28 crore from PowerGrid Corporation, for the ± 800 kV HVDC Bipole Line.
Reliance Industries is planning to erect the world’s largest Al data centre in Jamnagar by targeting a three-gigawatt capacity.
Lloyds Engineering Works enters MoU with EMCO for 25 acres land acquisition for industrial use in Nagpur.
Greenlam Limited started commercial production of chipboard at Naidupeta, Andhra Pradesh, with an annual capacity of 2,92,380 cubic meters per year.
CLSA upgrades BPCL from Underperform to Hold at $271.2 following Q3FY25 results.
IDFC First Bank estimates Rs 2 trillion transfer by the central bank; QuantEco Research projects Rs 1.5 trillion dividend for the financial year ending in March.
Bondada Engineering announces MoU BONDADA with Assam government to establish a 100 MW hybrid renewable energy plant with an investment of Rs 450 crore.
Adani Wilmar has started operations at its integrated food processing plant in Haryana, with an investment of ₹1,298 crore and projections to create 2000 jobs.
Axis Securities has downgraded Hindustan Unilever to hold rating with a target price of Rs 2,520 due to near-term challenges.
BNP Paribas maintains an outperform rating on HDFC Bank with a target price of Rs 2,250, citing attractive buying opportunity.
The Emkay Global has maintained its sell rating on Dr Reddys Laboratories at Rs 1,150 based on lower-than-street earnings estimates.
AU Small Finance Bank is going to declare Q3 earnings on January 24, 2025.
Maruti Suzuki has plans to set up fast-chargers at every dealership at an interval of 5-10 km in the top 100 cities to fuel growth in the electric vehicle market.
Disclaimer:The views and recommendations made above in news headlines are those of individual analysts or broking companies, and not of News Lounge 24×7. We advise investors to check with certified experts before taking any investment decisions.
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.