Indian benchmark indices continued to fall on Thursday amid a sell-off in global markets amid rising US bond yields. The BSE Sensex ended down 528.28 points, or 0.68 percent, at 77,620.21. The NSE’s Nifty 50 closed down 162.45 points, or 0.69 per cent, at 23,526.50. Here are the stocks that could be in the spotlight before the opening bell on Friday, January 10, 2025:

Today’s Corporate Actions: Shares of Shriram Finance will trade ex-dividend today, while shares of VTM will trade ex-dividend later today.

Q3 results today: Shares of CESC, PCBL, Just Dial, Equinox India Developments, Brightcom Group, GNA Axles, Hathway Bhawani Cabletel, Shah Metacorp and Yaari Digital are among the companies that will announce their results for the December 2024 quarter later today. .

Tata Consultancy Services: Tata Group’s software major reported a 4 percent YoY rise in net profit at Rs 12,380 crore, while its revenue fell 0.4 percent YoY to Rs 63,973 crore. Abbott grew 1.2 percent to Rs 15,657 crore in the quarter with margins up 40 bps to 24.47 percent. It also declared an interim dividend of Rs 10 and a special dividend of Rs 66 per share.

NTPC Green Energy: NTPC Renewable Energy, a subsidiary of renewable energy player, has commissioned the second phase of 60 MW capacity of the 320 MW Bhinsara Solar PV Project and 50 MW of the 220 MW Shajapur Solar Project (Unit-II). has done With this, the subsidiary has now commissioned a total capacity of 220 MW for Bhinsara Solar and 100 MW for Shajapur Solar.

Renewable Energy Development Agency of India: The state-run utility player’s net profit rose 26.8 percent to Rs 425.4 crore, while its revenue rose 38.9 percent year-on-year to Rs 622.3 crore. The company’s net interest income (NII) also increased by 39% to Rs 622.3 crore.

Tata Alexey: The Tata Group’s IT solutions player’s net profit fell 13.3 percent year-on-year to Rs 199 crore in the December 2024 quarter, while its revenue fell 1.7 percent year-on-year to Rs 939.2 crore. Its Ebitda declined by 7.8% YoY to Rs 220.6 crore while margins declined by 55 bps to 24.5% for the reported period.

Adani Wilmar: Adani Commodities LLP, one of the promoters, is set to sell up to 20 per cent of its equity stake in Adani Wilmar through an offer for sale (OFS) on January 10 and January 13. OFS will include a base issue size. 13.50 percent and green shoes option of 6.50 percent. The floor price for the issue has been fixed at Rs 275 per share.

Adani Total Gas: The nodal agency, GAIL (India) has informed the company that the allocation of domestic gas at APM price has been increased by 20%, with effect from January 16. Retail prices for end users

Mazagon Dock Shipbuilders: The defense PSU has handed over the sixth Scorpion-class submarine Vaghsheer of Project P-75 to the Indian Navy. Waghshir can perform a variety of missions, including anti-surface warfare, anti-submarine warfare, intelligence gathering, and area surveillance.

SRF: Shares of SRF and Nivenfluorine rose 13 percent on Thursday, the specialty chemicals company said in a statement citing media reports. The SRF clarified that the price increase by the US refrigerant gas distributor is related to the US market.

Mahanagar Gas: The domestic gas allocation nodal agency, GAIL (India) has informed Mahanagar Gas that the domestic gas allocation has been increased by 26% on APM prices effective from January 16. This increase will increase the allocation for CNG to 51%. This increase in gas allocation will have a positive impact on the profitability of the company.

Samurdhana Madrasan International: Development of the Gen 3 prototype, according to agreed specifications and related terms, is still in progress and is expected to take some more time. Development requires additional funding to complete related work and processes.

Equitas Small Finance Bank: The private lender has increased interest rates for savings account customers, effective January 10. Balances up to Rs 1 lakh will continue to earn 3 per cent interest, while balances between Rs 1 lakh and Rs 10 lakh will earn 5 per cent. Balance above Rs 10 lakh and up to Rs 25 lakh will earn 7%.

Bombay Burma Trading Corporation: The packaged foods company has signed a sale agreement for Rs 13.05 crore for 13.91 acres of land in Kanyakumari, Tamil Nadu. SAV Readymix Concrete, Muthukumar Enterprises, Sri Athisaya Vinayagar Blue Metals, and PMK Builders are the buyers of the land parcel.

Senorus Pharmaceuticals: The recently listed pharma player has received final approval from the USFDA for marketing of Metoprolol Tartrate and Hydrochlorothiazide Tablets USP, 50 mg/25 mg and 100 mg/25 mg in the US. Metoprolol Tartrate and Hydrochlorothiazide Tablets are prescribed to treat high blood pressure and lower blood pressure.

Polyplex Corporation: The company board has approved setting up of BOPET manufacturing film plant in India with an investment of Rs 558 crore. The proposed capacity addition for BOPET film is 52,400 MTPA, while the existing capacity is 90,000 MTPA (for both BOPET and BOPP films).

Surya Roshan: The metal and lighting solutions player has received an order worth Rs 81.47 crore from Bharat Petroleum Corporation (BPCL) for a CGD (city gas distribution) project.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult a qualified financial advisor before making any investment decisions.



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