The US markets fell on Thursday. Weak earnings of Netflix made Nasdaq correct. US futures too were in red. Asian markets are in red after sell-off on Wall Street. SGX Nifty also indicates a negative opening for Indian Markets. It seems like another day of correction for our markets.
The following stocks will be in focus today:
Adani Enterprises: Adani Wilmar IPO to open for subscription during January 27-31, 2022, which comprises a fresh issue of Rs. 3,600 Cr.
PTC India Financial Services : The company received resignations from three independent directors mentioning Corporate governance issues. The refuted the allegations by the outgoing directors and said the situation is observed by a senior level committee of the company.
Aditya Birla Sun Life AMC:
Container Corporation of India: The company reported consolidated profit at Rs. 283.39 Cr.in Q3FY22 against Rs. 233.07 Cr. in Q3FY21, revenue grew to Rs. 1,938.03 Cr. from Rs. 1,766.89 Cr. YoY.
Hindustan Unilever Limited:
Cyient: The company reported higher profit at Rs. 131.8 Cr. in Q3FY22 against Rs. 95.4 Cr. in Q3FY21, revenue grew to Rs. 1,183.4 Cr. from Rs. 1,044.3 Cr. YoY.
Lyka Labs: The company reported profit at Rs. 6.08 Cr. in Q3FY22 against loss of Rs. 2.26 Cr. in Q3FY21, revenue grew to Rs. 35.57 Cr. from Rs. 26.81 Cr. YoY.
Automotive Axels: The company would be investing in Suryaurja one.
Ultratech: The company has executes a share purchase agreement to acquire 100% stake in National Limestone Company.
Havells India: The company reported consolidated profit at Rs. 305.82 Cr. in Q3FY22 against Rs. 350.14 Cr. in Q3FY21, revenue grew to Rs. 3,664.21 Cr. from Rs. 3,175.2 Cr. YoY.