Bank Of Baroda Ltd., Vedanta Ltd., Shriram Finance Ltd., Lemon Tree Ltd. and Power Finance Corp. Ltd. are some of the stocks that will draw the market’s interest on Friday.
- Bank Of Baroda: Receives RBI nod for units for standalone primary dealer business.
- Crompton Greaves: Launched 70W & 80W Dynaray LED lamps.
- CUPID: The company to consider bonus issue on Jan. 29.
- ONGC: The firm has cleared out majority debris from Mori Wellsite, days after das leak.
- Akzo Nobel: Board appointed Parth Jindal as chairman, whereas Rajiv Rajgopal re-designated as joint managing director and chief executive officer.
- Vedanta: NCLT Mumbai approved demerger of Talwandi Sabo Power from Vedanta.
- Fortis Healthcare: The company’s arm completed acquisition of TMI Healthcare.
- Shriram Finance: Moody’s has changed the company’s outlook to positive from stable and affirmed its Ba1 rating.
- Lemon Tree: Warburg Pincus will buy a 41% stake in Lemon Tree’s arm, Fleur Hotels, from APG Strategic. Warburg Pincus will invest Rs 960 crore in Fleur Hotels, which will be listed as a separate entity on the bourses.
- Power Finance Corporation: The company approved public issue of secured, rated, listed NCDs up to Rs 5,000 crore under Tranche I.
- UCO Bank : The company slashed MCLR across all tenors by five basis points
- Waaree Renewable: The company informed that Kamlesh Harchandani has resigned as CEO of data centre business.
- SPARC: The board will meet on Jan. 14 to consider raising funds.
- Brightcom Group: The company expects retail media networks to double their share of digital budgets by 2027.
- MedPlus Health: The company’s arm has received one suspension order for a drug license for a store in Karnataka.
Avenue Supermarts (DMart) Q3 FY26 (Cons, YoY)
- Revenue up 13.3% at Rs 18,101 crore versus Rs 15,973 crore
- Ebitda up 20.2% at Rs 1,463 crore versus Rs 1,217 crore
- Margin at 8.1% versus 7.6%
- Net profit up 18.3% at Rs 856 crore versus Rs 724 crore
Globus Spirits (Cons, YoY)
- Revenue up 19.1% at Rs 717 crore versus Rs 602 crore (YoY)
- Ebitda at Rs 75 crore versus Rs 34.3 crore (YoY)
- Margin at 10.5% versus 5.7% (YoY)
- Net profit at Rs 30.7 crore versus Rs 55 lakh (YoY)
Tejas Networks (Cons, QoQ)
- Revenue down 88.4% at Rs 307 crore versus Rs 2,642 crore (YoY)
- Ebitda loss at Rs 134 crore versus profit of Rs 372 crore (YoY)
- Net loss at Rs 197 crore versus profit of Rs 166 crore (YoY)
IREDA
- Total income up 26% at Rs 2,140 crore versus Rs 1,699 crore (YoY)
- Net profit up 37.6% at Rs 585 crore versus Rs 425 crore (YoY)
Ashiana Housing
- Area booked in Q3 stands at 5.56 lakh square feet
- Value of area sold in Q3 stands at Rs 401 crore
M&M
- Production up 25% at 68,992 Units (YoY)
- Sales up 27% at 85,501 units (YoY)
Phoenix Mills
- Retail portfolio consumption up 20% YoY at Rs. 4,787 crore
- Newer malls continued to scale up well
- Gross residential sales at Rs 140 crore
ICICI Prudential Life
- APE grew 3.6% YoY to Rs 2,525 crore
- Retail APE grew 9.9% YoY to Rs 2,116 crore
- New business premium down 12.5% YoY to Rs 5,634 crore
Signature Global
- Pre-sales down 27% at Rs 2,020 crore (YoY)
- Collections up 14% at Rs 1,230 crore (YoY)
- Ex-stock split: SKM Egg Products (From Rs 10/- to Rs 5/)
- Share to exit anchor Lock-in: Corona Remedies (2%), Canara Robeco AMC (4%), Rubicon Research (4%), Wakefit Innovations (5%), Emcure Pharma (20%), Travel Food (66%)
- List of securities to be excluded from ASM Framework: NRB Industrial Bearings.