By keeping a close watch on every movement of stocks, your investment can definitely be protected. Here we are telling such stocks which will remain in the news today and on which the market will be eyeing.
HDFC Bank in focus
HDFC Bank’s results were better than expected in the third quarter. The profit has increased by 18% to 10 thousand 342 crores. At the same time, there has been a strong improvement in loan growth and an improvement in asset quality. Loan growth has been the best in 6 quarters. The stock has gained 6% in the January series.
HCL TECH IN FOCUS
For the third quarter, profit on a quarter-on-quarter basis has increased from Rs 3,265 crore to Rs 3,442 crore while EBIT has increased from Rs 3,916 crore to Rs 4,251 crore. While the EBIT margin remains unchanged at 19%. Dollar earnings growth on a quarterly basis increased from 2.6% to 6.7%, while Constant Currency earnings growth increased from 3.5% to 7.6%. Added 10,000 employees in this quarter.
Focus on EV stocks
New guidelines have been issued regarding EV charging infrastructure. Under the new guidelines, a license is not required for public charging stations. Charging exemption will be available from the electric connection of the house. License will not be available for setting up charging station at home. Delhi government has made EV mandatory for ride aggregators. EV will also be necessary for the delivery of goods.
Trade setup for today: Take a look at these figures before the market opens, it will be easy to catch profitable deals
FOCUS ON HERO MOTOCORP
The company’s emphasis is on e-mobility. 420 crore will be invested in Ather Energy. Will invest in one or several tranches. Ather Energy is an EV start-up based in Bangalore.
RIL/M&M/AMARA RAJA/EXIDE IN FOCUS
Keep an eye on battery storage companies today. Companies have been shortlisted for the PLI scheme of Rs 18000 crore. The selected bidders include 10 companies like RELIANCE, M&M, Amara Raja and exide.
Keep an eye on auto ancillary stocks
Now 6 airbags are necessary for an 8 seater vehicle. The government has released the draft notification.
MARUTI IN FOCUS
The company has increased the prices of all the vehicles by up to 1.7% and this increased prices are applicable from January 15.
IOC in focus
The company will invest Rs 7000 crore on the city gas project. Recently won bids for city gas in 9 sectors. Will provide service in Jammu, Pathankot, Tuticorin, Madurai.
DALMIA BHARAT CEMENT IN FOCUS
Commercial production has started from Chandrapur plant in Maharashtra. The company’s capacity will increase by 2.9 MnT to 35.9 MnT.
JK Paper in focus
Commercial production has started from the packaging board plant in Gujarat. Capacity will increase from 4.55 lakh TPA to 6.25 lakh TPA.
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