Stocks to Watch on January 3, 2025

As investors prepare for the final trading day of the week on January 3, 2025, several notable stocks are in focus on Dalal Street. Following a two-day market rally, the total market capitalization of BSE-listed companies has increased by an impressive ₹8.5 lakh crore, bringing the overall value to ₹450.47 lakh crore as of January 2, according to provisional exchange data.

Inox Wind Energy

The board of Inox Wind Energy will hold a meeting on Friday to discuss potential fundraising options.

KPI Green Energy

On Friday, shares of KPI Green Energy will start trading ex-bonus.

Hero MotoCorp

Hero MotoCorp reported a significant drop in its total monthly sales, showing a year-on-year decline of 17.5%. Domestically, the company sold 2.94 lakh units in December 2024, down from 3.78 lakh units in December 2023.

Bank of Maharashtra

The Bank of Maharashtra has reported a 13.5% increase in total deposits, which now stand at ₹2.79 lakh crore for Q3. Additionally, its gross advances rose by 21.2%, reaching ₹2.29 lakh crore.

V2 Retail

V2 Retail has shown impressive growth, with a 58% increase in Q3 revenue, totaling ₹591 crore.

Capital Small Finance Bank

As of December 31, Capital Small Finance Bank reported a 19.2% increase in gross advances amounting to ₹6,816 crore, and a 12% growth in deposits, reaching ₹8,384 crore.

Hindustan Zinc

Hindustan Zinc experienced a slight downturn, with a 2% decrease in mined metal production during Q3, totaling 2.65 lakh tonnes.

MOIL

MOIL reported record quarterly manganese ore production of 4.6 lakh tonnes.

DMart

DMart announced standalone revenue of ₹15,565 crore for the October-December quarter. The total number of stores as of December 31 is 387, as specified in a regulatory filing.

AAVAS Financiers

The board of AAVAS Financiers is scheduled to meet on January 7 to discuss the private placement of non-convertible debentures (NCDs).

Zomato

A new initiative from Zomato's subsidiary Blinkit includes the launch of a 10-minute ambulance service in Gurugram.

Tata Motors

The Indian government has sanctioned ₹246 crore in production-linked incentives to both Tata Motors and Mahindra & Mahindra (M&M).

Biocon

Biocon received approval from China's National Medical Products Administration (NMPA) for Tacrolimus capsules, manufactured by one of its subsidiaries.

Stay tuned for more updates on the stock market and other financial news.

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