Buzzing Stocks : Indus Towers, Dr Reddys Labs, United Spirits, Akums Drugs, EMA Partners, Jyoti Structures, Cyient in focus on 24 January.
Results Today : JSW Steel, Hindustan Petroleum Corporation, Bank of India, InterGlobe Aviation, Godrej Consumer Products, DLF, AU Small Finance Bank, Aditya Birla Money, DAM Capital Advisors, DCB Bank, Fedbank Financial Services, Granules India, Jindal Saw, Laurus Labs, Shriram Finance, Solara Active Pharma Sciences, Supriya Lifescience, Torrent Pharmaceuticals, Trident, and Ugro Capital will release their quarterly earnings scorecard on January 24.
Results on January 25 : ICICI Bank, NTPC, IDFC First Bank, Yes Bank, Balkrishna Industries, Gujarat Ambuja Exports, Go Fashion (India), JK Cement, Macrotech Developers, NTPC Green Energy, SBFC Finance, and Transport Corporation of India will announce their quarterly earnings on January 25.
Kotak Mahindra Bank : After receiving the necessary regulatory approvals, Kotak Mahindra Bank has completed the acquisition of the personal loan book of Standard Chartered Bank, India, for Rs 3,330 crore.
Jyoti Structures : The company has received a notification of award for a project worth Rs 741.28 crore from PowerGrid Corporation of India. The project involves the design, detailing, testing, supply of towers, and all line materials, as well as the commissioning of Package 01 of the ± 800 kV HVDC Bipole Line between KPS2 (HVDC) and Nagpur (HVDC) on a total turnkey basis.
Bondada Engineering : Bondada Raghavendra Rao, on behalf of the Bondada Group, has announced an MoU with the Assam government for establishing a hybrid renewable energy plant in Assam. The project, which aims to invest in hybrid projects under the UNNATI Scheme, is envisioned to be a 100 MW facility integrated with solar and wind power. The approximate investment for this project is set at Rs 450 crore.
Akums Drugs and Pharmaceuticals : The IT Department conducted a search at the offices and manufacturing units of the company, its subsidiaries, and the residences of the managing directors and the chief financial officer of the company between January 15 and January 21. The company has not yet received any written communication from the IT Department regarding the outcome of the search.
Cipla : Rajeev Kumar Sinha has resigned as Global Chief Manufacturing Officer of the pharmaceutical company due to personal reasons, effective April 2, 2025.
Procter & Gamble Hygiene & Health Care : The company has changed its financial year from the 'July 1-June 30' period to the 'April 1-March 31' period. Accordingly, the current financial year of the company, 2024-25, will be a period of 9 months, starting on July 1, 2024, and ending on March 31, 2025.
InterGlobe Aviation, SpiceJet : IndiGo's market share in December 2024 increased to 64.4%, compared to 63.6% in November 2024. In the same period, the market share of SpiceJet rose to 3.3%, compared to 3.1%.
Adani Wilmar : The food FMCG company has commenced operations at its integrated food processing plant in Haryana.
Greenlam Industries : The company's subsidiary, Greenlam, has commenced commercial production of chipboard at its manufacturing facility in Naidupeta, Andhra Pradesh, effective January 23, 2025. The facility has an installed production capacity of 2,92,380 cubic meters per annum and has the potential to generate revenue of up to Rs 750 crore annually at full capacity utilization. The total capital expenditure incurred for the chipboard project is Rs 735 crore as of the commencement of commercial production.
HG Infra Engineering : The company has incorporated its subsidiary, HG Bahuvan Jagarnathpur Highway, a special purpose vehicle, for a road project worth Rs 763.1 crore in Uttar Pradesh.
Lloyds Engineering Works : The company has entered into a Memorandum of Understanding with EMCO for the acquisition of 2,54,800 square meters of land for industrial use in Nagpur.
Rain Industries : Green Graphite Technologies Inc. has been awarded $682K in funding through the Ontario Vehicle Innovation Network’s (OVIN) R&D Partnership Fund – Electric Vehicle (EV) stream. This grant will support the advancement of Green Graphite's technology to produce high-purity natural graphite, a critical material in the manufacturing of lithium-ion batteries for EVs. Rain Carbon Canada Inc., a wholly owned subsidiary of Rain Industries, in collaboration with Green Graphite Technologies Inc., aims to refine and scale up its proprietary process for producing high-purity natural graphite battery anode materials, ensuring it meets the rigorous standards required for next-generation EV batteries.
F&O Ban : Aditya Birla Fashion & Retail, Bandhan Bank, Can Fin Homes, Dixon Technologies, IndiaMART InterMESH, L&T Finance, Manappuram Finance, Mahanagar Gas, Punjab National Bank.
