NTPC shares fell by 2.8% to a low of Rs 314.50 following its quarterly results, but later recovered to Rs 322.60. The company's standalone net profit increased by 3.1% YoY to Rs 4,711.4 crore, while consolidated revenue grew to Rs 45,052.8 crore. NTPC also announced a second interim dividend of 25%.
Shriram Finance shares fell 2.6% despite a 73% rise in Q3 net profit to Rs 3,249 crore. Total income increased to Rs 10,705 crore, with asset quality improving. HSBC and Jefferies maintain 'Buy' ratings, though both revise target prices slightly lower due to higher costs and balance sheet liquidity.
NTPC Green Energy's shares fell by 3.8% to Rs 107.90 on January 27 after reporting an 18% YoY growth in net profit for Q3 FY25 at Rs 65.61 crore. However, the EPS dropped to Rs 0.08 per share from Rs 0.12 per share in Q3FY24.
Law enforcement officials from the US Department of Homeland Security have started visiting gurdwaras in New York and New Jersey to check for illegal immigrants, sparking concern from Sikh organizations. The visits follow the rescission of guidelines protecting sensitive areas, raising alarm about the sanctity of places of worship and potential impacts on immigrant communities.
Law enforcement officials from the US Department of Homeland Security have started visiting gurdwaras in New York and New Jersey to check for illegal immigrants, sparking concern from Sikh organizations. The visits follow the rescission of guidelines protecting sensitive areas, raising alarm about the sanctity of places of worship and potential impacts on immigrant communities.
In the NSE list of stocks with a market cap of over Rs 1000 crore, four stocks close prices crossed above their 200 DMA (Daily Moving Averages) on January 24, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
The third quarter earnings season is ongoing with key companies like Coal India, Tata Steel, and Indian Oil set to announce their results. Tata Steel is expected to report losses due to weak Indian operations and forex issues, while Coal India may see a slight fluctuation in revenue amidst lower e-auction realizations.
Equity benchmarks ended a two-day winning streak with losses in a volatile session. Bajaj Housing fell 0.8%, Tata Steel gained 0.1%, and Coal India dropped 0.47%. Pravesh Gour from Swastika Investmart suggests key support and resistance levels for each stock, highlighting potential buying opportunities and expected movements.
