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2025-01-21 09:00:33 am | Source: ARETE Securities Ltd
The markets are expected to open marginally higher today as trends in GIFT Nifty indicate a positive start for the broader index - ARETE Securities Ltd

The markets are expected to open marginally higher today as trends in GIFT NIFTY indicate a positive start for the broader index after NIFTY closed 141 points lower at 23,344 on Monday.

AGI Greenpac:

The company reported Q3 results with revenue up +7.8% YoY to Rs 674 crore (10.3% QoQ), EBITDA up +20.3% YoY to Rs 184.6 crore (11.1% QoQ), EBITDA margin at +290 bps YoY to 27.4% (20 bps QoQ), and PAT up +34.9% YoY to Rs 90.5 crore (25.5% QoQ).

APL Apollo Tubes:

The company reported Q3 results with revenue up +30.0% YoY to Rs 5,432.7 crore (13.8% QoQ), EBITDA up +23.6% YoY to Rs 345.6 crore (165.8% QoQ), EBITDA margin at -30 bps YoY to 6.4% (370 bps QoQ), and PAT up +31.1% YoY to Rs 217 crore (303.3% QoQ).

Apeejay Surrendra Park Hotels:

The company inaugurated Ran Baas, The Palace in Patiala, Punjab's first luxury palace hotel, offering heritage-rich accommodations and amenities.

Bharti Airtel:

The company formed a strategic partnership with Bajaj Finance to create a major digital platform for financial services, targeting 370 million customers.

Cyient:

The company expanded its strategic partnership with Deutsche Aircraft, securing a multi-year deal to manage D328eco® technical publications globally.

EaseMyTrip:

The company partnered with Penang Convention & Exhibition Bureau to enhance tourism, focusing on tailored itineraries and data-driven marketing.

Jupiter Life Line Hospitals:

The company acquired 8,433 sq. meters of land at Ghodbundar Mira Road, Thane, for ?400 crore to establish a 300-bed hospital.

Nazara Technologies:

The company raised Rs 495 crore via preferential issue from Axana Estates LLP, triggering a 26% open offer, and acquired two ZeptoLab game IPs for $7.7 million.

Newgen Software Technologies:

The company reported Q3 results with revenue up +17.7% YoY to ?381.1 crore (5.5% QoQ), EBITDA up +40.6% YoY to Rs 108.3 crore (30.5% QoQ), EBITDA margin up +460 bps YoY to 28.4% (540 bps QoQ), and PAT up +30.3% YoY to Rs 89 crore (26.6% QoQ).

TCS:

The company inaugurated a new AI-focused delivery center in Toulouse, France, to support aerospace and defense industries with advanced technologies.

Torrent Power:

The company’s subsidiary Torrent Green Energy incorporated Torrent Urja 37, a new step-down subsidiary focused on renewable energy and hydrogen-related ventures.

TVS Motor:

The company launched India’s first Bluetooth-connected electric three-wheeler, TVS King EV MAX, featuring advanced tech, eco-friendly solutions, and connectivity.

Waaree Energies:

The company received a 180 MWp solar module supply order from an Indian renewable power developer, scheduled for FY 2025-26.

 

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