On Tuesday, January 21, 2025, the Indian benchmark indices Sensex and Nifty 50 are expected to open higher, following the positive trend in the global markets after Donald Trump was sworn-in as US President. Check out a few stocks that might be in focus during the trading session.
TCS informed the exchanges that it inaugurated a new delivery centre in France aimed at driving AI-powered transformation in the aerospace and defence sectors.
In Q3 FY25, Dixon Technologies reported a consolidated net profit of ₹216.2 crore, a significant 122.8% jump from ₹97.1 crore YoY. Revenue surged by 117% to ₹10,453.7 crore from ₹4,818.3 crore, while EBITDA rose 111.8% to ₹390.5 crore from ₹184.4 crore.
IDBI Bank posted a Q3 standalone net profit of ₹1,910 crore, up from ₹1,460 crore YoY. The Gross Non-Performing Assets (GNPA) ratio improved to 3.57% from 3.68% QoQ, while the Net Non-Performing Assets (NNPA) ratio declined to 0.18% from 0.20%.
Zomato reported its Q3 FY 2025 results and the consolidated net profit fell to ₹59 crore, compared to ₹140 crore YoY, missing estimates of ₹270 crore. EBITDA stood at ₹162 crore, falling short of the expected ₹260 crore, with an EBITDA margin of 3%, below the anticipated 5%.
J&K Bank’s Q3 standalone net profit increased to ₹530 crore from ₹421 crore YoY but fell from ₹550 crore QoQ. Revenue grew to ₹3,206 crore from ₹2,881 crore YoY. GNPA ratio rose to 4.08% from 3.95% QoQ, and NNPA increased to 0.94% from 0.85%.
Vodafone Idea issued a clarification denying any communication from the government about a possible ₹1 lakh crore AGR dues waiver.
Cipla announced that the USFDA concluded an inspection at the company’s Medispray facility in Kundaib, Goa, with one observation under Form 483.
Central Bank of India posted its Q3 FY 2025 financial results and its standalone net profit rose to ₹960 crore, up from ₹720 crore YoY. The GNPA ratio improved to 3.86% from 4.59% QoQ, and the NNPA ratio declined to 0.59% from 0.69%.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 21, 2025, 8:27 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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