Stocks to Watch January 13: IT Earnings and Infra Deals

Markets will be gearing up for a steady Tuesday trading session as global tariffs and earnings accelerate in the upcoming weeks. The GIFT Nifty is indicating a positive bias.

Invest in Indian Markets and Unlock Future Potential With 5paisa!

Open Account Now

IT Giants Report Mixed Q3

Tata Consultancy Services reported lower profits but an increase in revenue and EBIT while also declaring interim and special dividends; HCL Technologies posted lower profits despite an increase in revenue in U.S. dollar terms, raised guidance for FY26 and announced an interim dividend. Anand Rathi Wealth posted strong growth in both profits and revenues compared to previous periods. 

Business Updates Highlight Resilience

GTPL Hathway posted modest gains this quarter compared to last quarter. Adani Energy Solutions had high levels of collection efficiency and system availability as they push to achieve their order book potential for smart meter installations.

Pharma and Infra Spotlight

Biocon’s board approved a Qualified Institutions Placement issue that will open on January 12 with a minimum price of ₹387.74 per share. KP Green Engineering signed a Memorandum of Understanding (MoU) with the State of Gujarat for renewable energy projects. 

Sical Logistics received a substantial Letter of Acceptance from the South Eastern Coalfields for an open-cast mining project in Chhattisgarh. The NLC India has approved an in-principle nod for the listing of NLC India Renewables via up to 25% dilution of equity and has approved interim dividend payments and green energy investments. 

Bulk Deal Activity

Everest Corporation acquired a stake in Apollo Techno Industries. The Royal Alpha Opportunity Fund has acquired shares in KV Toys India. The Multitude Growth Fund acquired shares in the Shanti Educational Initiatives business. Pankaj Prasoon saw his purchase of Unified Data Technologies shares offset by the sale of shares by BNP Paribas.

Other Developments

ICICI Lombard, ICICI Prudential Life, Tata Elxsi and others are reporting Q3 earnings today. Gabion Technologies India has traded on the SME platform. Authum Investment Company has traded ex-bonus. F&O bans are continuing for Sammaan Capital and SAIL.

Sector Rotations

Energy companies are the beneficiaries of the green transition, while Logistics companies have been the beneficiaries of coal evacuation mandates. Bulk transactions within infra companies and toy products also reflect the search for value as it relates to signs of improved consumer spending.