Page 54 - Indian Equities
Here's why Exicom Tele-Systems was locked in 5% upper circuit on Jan 24
The rise in Exicom Tele-Systems share price came after the company announced that it has secured an advance purchase order worth Rs 1,412.48 crore from RVNL
 "Here's why Exicom Tele-Systems was locked in 5% upper circuit on Jan 24")
JSW Energy share up 2% as board to consider fund raising on January 28
JSW Energy shares rose after the company announced that the Board will meet on January 28, to consider and approve raising of long-term funds via NCDs
 "JSW Energy share up 2% as board to consider fund raising on January 28")
Cyient share tanks 20%, hits 52-wk low as Q3 profit falls 32% sequentially
Cyient's profit fell 31.7 per cent quarter-on-quarter (Q-o-Q) to Rs 122.3 crore in Q3FY25, from 179.1 crore in the September quarter of financial year 2025 (Q2FY25)
 "Cyient share tanks 20%, hits 52-wk low as Q3 profit falls 32% sequentially")
Jyoti Structures hits 10% upper limit on order of Rs 741 cr from Power Grid
The uptick in Jyoti Structures share price came after the company announced that it has received a Notification of Award (NoA) for a project worth Rs 741.28 crore in Khavda, Gujarat, from Power Grid
 "Jyoti Structures hits 10% upper limit on order of Rs 741 cr from Power Grid")
Nandish Shah of HDFC Sec suggests 'Bull Spread' strategy on IRCTC
Short covering is seen in the IRCTC Futures, where we have seen 3 per cent fall in the open interest with price rising by 3 per cent
 "Nandish Shah of HDFC Sec suggests 'Bull Spread' strategy on IRCTC")
Stock Market Close Highlights: Sensex adds 115pts, Nifty ends atop 23,200; UltraTech Cement zooms 7%
Stock Market LIVE on Thursday, January 23, 2025: At 7:17 AM, GIFT Nifty futures were trading 63 points lower at 23,136, indicating a lower start for the bourses
 "Stock Market Close Highlights: Sensex adds 115pts, Nifty ends atop 23,200; UltraTech Cement zooms 7%")
Senores Pharmaceuticals races 17% on robust Q3; profit more than doubles
The rise in Senores Pharmaceuticals share came after the company's strong show in the December quarter (Q3FY25) results
 "Senores Pharmaceuticals races 17% on robust Q3; profit more than doubles")
Jupiter Wagons share rises 3% on fundraising plans; check details here
Jupiter Wagons' share price rose after the company announced that its Board of Directors will meet on January 29, 2025, to consider and approve raising funds
 "Jupiter Wagons share rises 3% on fundraising plans; check details here")
Laxmi Organic surges 5% on healthy Q3 show; operating profit zooms 59% YoY
The rise in Laxmi Organic share price came on the back of healthy results in the December quarter of financial year 2025 (Q3FY25)
 "Laxmi Organic surges 5% on healthy Q3 show; operating profit zooms 59% YoY")
Waaree Energies up on starting commercial production of Solar Module line
Waaree Energies share rose after the company announced its arm, Waaree Solar Americas Inc. has started its commercial production of 1.6 GW Solar Module line at its Texas unit
 "Waaree Energies up on starting commercial production of Solar Module line")
UltraTech Cement share rises 2% ahead of December qtr results; details here
The uptick in the UltraTech Cement share price came in anticipation of Q3 results, which will be announced later in the day
 "UltraTech Cement share rises 2% ahead of December qtr results; details here")
Ajit Mishra of Religare Broking says buy Wipro, Apollo Tyres, Bajaj Finserv
On the weekly chart, Wipro stock has been in a steady uptrend since April 2023, reflecting a sustained bullish trajectory.
 "Ajit Mishra of Religare Broking says buy Wipro, Apollo Tyres, Bajaj Finserv")
Ruchit Jain of MOFSL recommends buying these three stocks on January 23
Bajaj Finserv stock has shown a relative outperformance to the broader markets in last few days and has now given a breakout from a consolidation phase
Stock Market Highlights: Sensex ends 567pts up led by Infy, HDFC Bank; Broader indices fall over 1%
Stock Market Close Highlights, Jan 22: The NSE Nifty 50 index ended 131 pts higher at 23,155. Sectorally, the Nifty IT index soared over 2 per cent, while the Realty index cracked almost 5 per cent.
 "Stock Market Highlights: Sensex ends 567pts up led by Infy, HDFC Bank; Broader indices fall over 1%")
Polycab India share extends fall post Q3 results, down 12% in 2 days
Demand for cables was healthy, however, downward trend in copper prices and high channel inventory of wires at the beginning of the quarter led to slowdown in the wires business, the company said
 "Polycab India share extends fall post Q3 results, down 12% in 2 days")
Rossari Biotech share price falls 5% after mixed Q3 results; profit down 8%
The fall in Rossari Biotech came after the company reported a mixed bag of results in the December quarter of financial year 2025 (Q3FY25)
 "Rossari Biotech share price falls 5% after mixed Q3 results; profit down 8%")
India Cements share slips 9% on weak Q3 show; net loss widens to Rs 429 cr
The fall in India Cements share price came on the back of weak results in the December quarter of financial year 2025 (Q3FY25)
Foreign investors sell $5 billion of Indian stocks as profit view dims
Global funds pulled out $5.4 billion from Indian equities on a net basis in January after a respite last month, set for the worst start to the year
 "Foreign investors sell $5 billion of Indian stocks as profit view dims")
Here's why IndiaMART InterMESH tanked 10%, hit 52-wk low on Jan 22; details
IndiaMART InterMESH shares plummeted 9.99 per cent to hit a 52-week low of Rs 2,064.10 per share, on Wednesday, January 22, 2025
Vinay Rajani of HDFC Securities suggests buying these stocks on January 22
IOC stock price has formed a bullish 'hammer' candlestick pattern on the weekly chart. Stock price has surpassed 5 and 10 DMA resistance