As the Q3 FY25 earnings season kicks off, all eyes are on how companies performed in the October-December quarter. These financial results give an overview of a company’s performance, including revenue, profits, and future plans. Key sectors like IT, real estate, and telecom are in focus, as investors and analysts look to assess market trends and potential growth. With major players set to announce their numbers today, here is the list of stocks that are in focus.
Stocks in Focus: GIFT Nifty was trading 97.00 points or 0.41 per cent lower at 23,387.00 indicating a negative start for domestic indices NSE Nifty 50 and BSE Sensex on Tuesday.
Sensex and Nifty close higher on January 20
The Indian stock market ended on a positive note on Monday, January 20. The Sensex climbed by 454.11 points to close at 77,073.44, while the Nifty rose 141.55 points to settle at 23,344.75. Bank Nifty played a significant role in the rally, surging ahead to close at 49,350.80, leading the market gains.
Quarterly watch: Key earnings announcements on January 21
On January 21, the quarterly earnings of companies such as UCO Bank, KEI Industries, Tata Technologies, PNB Housing Finance, Indiamart Intermesh, India Cements, South Indian Bank, Servotech Renewable Power System, Aditya Birla Real Estate, Dalmia Bharat, Cyient DLM, Eureka Industries, and others are scheduled for announcement.
Also Read: Zomato Q3 Results: Profit dips significantly to Rs 59 crore on continued store expansion, revenue up 64.39% YoY
Stocks to watch on January 21, 2025 Oberoi Realty
Oberoi Realty posted a 71.7% YoY rise in its Q3 net profit, reaching Rs 618.4 crore, up from Rs 360.2 crore in Q3 FY24. Revenue from operations increased 34% to Rs 1,411 crore. At the operational level, EBITDA rose by 68%, standing at Rs 856 crore compared to Rs 509.5 crore last year.
Dixon Technologies
Dixon Technologies reported a strong performance in the December 2024 quarter. Its consolidated net profit soared to Rs 216 crore, a jump from Rs 97 crore in the same period last year. Revenue also doubled to Rs 10,553.7 crore, a growth of 119% compared to Rs 4,817 crore in the previous fiscal’s December quarter.
» Read More