Stocks to Watch on January 20, 2025: Wipro, Tech Mahindra, Kotak Bank, Tata Motors, and More

Indian stock markets are likely to be impacted on Monday, as indicated by GIFT Nifty futures trading 19 points higher than Nifty50 futures at ₹23,296. On Friday, the markets ended in rthe ed, with the BSE Sensex dropping 423 points (0.55%) to ₹76,619.33 and the Nifty50 falling 108 points (0.47%) to ₹23,203.20.

Here are the key stocks to keep an eye on today:

• Wipro

Wipro reported a Q3 net profit of ₹3,354 crore, up from ₹3,209 crore in the previous quarter. Revenue stood at ₹22,319 crore, and EBIT rose to ₹3,864 crore, with improved margins at 17.31%. The company announced an interim dividend of ₹6 per share.

• Tech Mahindra

Tech Mahindra saw a decline in Q3 net profit to ₹983 crore from ₹1,250 crore in the previous quarter. Revenue was flat at ₹13,290 crore, but EBIT improved to ₹1,357 crore, with margins rising to 10.21%. The company secured $745 million in new deal wins.

• Kotak Mahindra Bank

Kotak Mahindra Bank posted a 10% Y-o-Y rise in Q3 net profit to ₹3,300 crore. Interest income increased to ₹13,400 crore, and GNPA remained stable at 1.50%, while NNPA improved to 0.41%.

• ICICI Lombard General Insurance

ICICI Lombard General Insurance recorded a 68% Y-o-Y surge in Q3 net profit to ₹724 crore. Revenue rose to ₹5,045 crore, and the combined ratio improved to 102.7%.

• Indian Hotels

Indian Hotels reported a Q3 net profit of ₹582 crore, up from ₹452 crore Y-o-Y and ₹555 crore Q-o-Q. Revenue increased to ₹2,533 crore, and EBITDA margins improved to 37.97%.

• Tata Motors

Tata Motors unveiled the Harrier EV at the Auto Expo 2025 and announced plans to install 500 EV chargers across India.

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.

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