Today’s market roundup brings a mix of earnings surprises and big corporate moves that could shape the next trading day for Indian investors.
Earnings Releases Today
Several companies will share their quarterly results on January 13, including ICICI Lombard, ICICI Prudential Life, Tata Elxsi, 5paisa Capital, Just Dial, Bank of Maharashtra, Navkar Corporation, Oriental Hotels, Sigma Solve, and Tokyo Plast International.
Key Quarterly Results
Tata Consultancy Services (TCS)
- Profit: fell 13.9% to ₹10,657 crore (down from ₹12,380 crore).
- Revenue: grew 4.9% to ₹67,087 crore.
- EBIT: rose 7.9% to ₹16,889 crore, pushing the EBIT margin to 25.17%.
- Exceptional loss: ₹3,391 crore (previously nil).
- Dividends: interim dividend of ₹11 per share and a special dividend of ₹46 per share.
HCL Technologies
- Profit: dropped 11.2% to ₹4,076 crore.
- Revenue: jumped 13.3% to ₹33,872 crore (US$3,793 million, up 7.4% in dollars).
- EBIT: rose 8% to ₹6,285 crore, with the EBIT margin slipping to 18.55%.
- Exceptional loss: ₹956 crore.
- Dividend: interim dividend of ₹12 per share.
- FY26 Guidance: constant‑currency revenue growth now seen at 4‑4.5% (up from 3‑5%). Services revenue growth guidance tightened to 4.75‑5.25%.
Anand Rathi Wealth
- Profit surged 29.6% to ₹99.77 crore.
- Revenue rose 22.2% to ₹289.6 crore.
GTPL Hathway
- Profit increased 8.2% to ₹11 crore.
- Revenue grew 5.1% to ₹932.6 crore.
Business Updates
- Adani Energy Solutions: collection efficiency steady at 101.75%; system availability at 99.69%; installed 1.888 million new smart meters, total now 9.25 million; order book holds 2.46 million meters worth about ₹29,519 crore.
Stocks to Watch
- Biocon: board approved a Qualified Institutions Placement (QIP) with a floor price of ₹387.74 per share, likely raising around ₹4,150 crore.
- KP Green Engineering: signed an MoU with Gujarat government for renewable projects worth ₹4,000 crore, targeting about 855 MW of solar and wind‑solar hybrid capacity.
- Sical Logistics: received a Letter of Acceptance for a ₹4,038 crore coal mining project in Chhattisgarh.
- NLC India: board gave in‑principle approval to list its renewables subsidiary, NLC India Renewables, via a public offer of up to 25% stake; announced an interim dividend of ₹3.60 per share (record date Jan 16) and approved up to ₹66.60 crore investment in the renewables arm.
Bulk Deal Highlights
- Apollo Techno Industries: Everest Corporation bought 2.73 lakh shares (≈1.99% stake) at ₹132.6 each, totaling ₹3.6 crore.
- KV Toys India: Royal Alpha Opportunity Fund acquired 79,200 shares (≈1.26% stake) at ₹326.27 each, costing ₹2.58 crore.
- Shanti Educational Initiatives: Multitude Growth Funds purchased 10.58 lakh shares (≈0.65% stake) at ₹170 each, amounting to nearly ₹18 crore.
- Unified Data Tech Solutions: investor Pankaj Prasoon bought 1.4 lakh shares at ₹330.14 each (₹4.63 crore) while BNP Paribas sold 1.39 lakh shares at ₹330.07 each (₹4.59 crore).
Disclaimer
Remember, this is perspective, not a prediction. Do your own research and consider your risk tolerance before making any investment decisions.