Stocks in Focus Today: Today i.e. on January 21, 2025, some stocks (Stocks in News) are ready to show action. Due to positive trigger, these shares may remain in focus in the market today (Stocks to Watch). If you are looking for better stocks in intraday then you can keep an eye on them (Stock in Focus). Today’s list includes Zomato, Cipla, Paytm, REC, J&K Bank, IRFC, Vodafone Idea, Reliance Power, MRPL, Tata Technologies, Prakash Industries, Bank of Baroda, Torrent Power, Landmark Cars, TCS, Vedanta, ICICI Prudential Life, Shares like Dalmia Bharat, Aditya Birla Real Estate, Cyient DLM, India Cements, Indoco Remedies, Jana Small Finance Bank, KEI Industries, PNB Housing Finance, South Indian Bank are included.
Tata Technologies results today
Today, on January 21, 2025, some companies are going to release their quarterly results. These include ICICI Prudential Life Insurance and Tata Technologies. Apart from these, the results of Dalmia Bharat, Aditya Birla Real Estate, Cyient DLM, India Cements, IndiaMART InterMESH, Indoco Remedies, Jana SFB, KEI Industries, PNB Housing Finance, South Indian Bank, Tanla Platforms and UCO Bank will also come today.
Zomato
Blinkit-owned food distribution company Zomato’s profit has declined by 57.2 percent to Rs 59 crore in the third quarter of the current financial year 2024-25. In the same quarter a year ago, the company had made a profit of Rs 138 crore. The company’s operating income during the quarter stood at Rs 5,405 crore, while it was Rs 3,288 crore in the October-December quarter of the last financial year 2023-24. The company said that its total expenses in the quarter under review increased to Rs 5,533 crore from Rs 3,383 crore in the same period of 2023-24.
Cipla
The United States Food and Drug Administration (USFDA) inspected the Goa-based manufacturing plant of the company’s subsidiary Medispray Laboratories from January 14 to 20. After the inspection was over, MediSpray received an observation in Form 483 from the USFDA.
Paytm
The loss of financial technology company One97 Communications, which owns the Paytm brand, has reduced to Rs 208.5 crore in the third quarter of the current financial year 2024-25. The company’s loss in the third quarter (October-December) of the financial year 2023-24 was Rs 221.7 crore. According to company information, Paytm’s operating income declined by 35.8 percent from Rs 2,850.5 crore to Rs 1,827.8 crore in the December 2024 quarter due to decline in revenue from payments and financial services (34 percent), payment services (40 percent) and marketing services (48 percent). Remained Rs.
Vodafone Idea
The Supreme Court upheld the order of the Bombay High Court, under which the IT Department was directed to return Rs 1,128 crore to the company along with interest.
J&K Bank
Jammu and Kashmir Bank’s profit in the December quarter of the current financial year increased by 26.2 percent to Rs 531 crore, whereas it was Rs 421.08 crore in the same quarter a year ago. In the December quarter, the bank’s net interest income (NII) increased by 17.8 percent on annual basis and 5.1 percent on quarterly basis to Rs 1,508.68 crore.
REC
After receiving the necessary consideration, the Company’s subsidiary, REC Power Development & Consultancy (RECPDCL), has transferred its entire stake in Rajasthan Part I Power Transmission, along with all its assets and liabilities, to Adani Energy Solutions at par value. . The consideration includes reimbursement of professional fees and expenses of Rs 15 crore.
Reliance Power
Reliance Power has appointed Neeraj Parakh as CEO. In a communication sent to the stock exchanges, Reliance Power said that his appointment is effective from Monday and will be for a period of 3 years. The company said that Parakh’s appointment as executive director and CEO of the company is subject to the approval of the members. Parakh joined Reliance Group in June 2004 and started working as Additional Manager in the Central Technical Services team of Reliance Infra.