Stocks in news on January 10, 2025: TCS, Tata Elxsi and IRCTC among 6 stocks that hogged limelight today
At the close, Nifty settled with a cut of 0.4 per cent or 95 points at 23,431.5.
Stocks in news on January 10: Indian equities in Friday's session ended lower amid broad-based selling pressure, nonetheless, buoyancy in the IT pack after TCS' Q3 show capped?the losses. At the close, Nifty settled with a cut of 0.4 per cent or 95 points at 23,431.5.
Here are the stocks that remained in the spotlight today:
TCS: Defying the overall weak market trend, TCS shares rose after the company's upbeat demand outlook. At the close, the stock settled higher by nearly 6 per cent at Rs?4,265.55 apiece on the BSE.
GNA Axles: Shares of the auto components player ended with a cut of 0.5 per cent at Rs 405.45 apiece on the BSE. The?company’s consolidated net profit climbed 12.91 per cent?to Rs 25.36 crore in Q3FY25 as compared with Rs 22.46 crore in Q3FY24.
Tata Elxsi:?Tata group company's stock fell as much as 7 per cent to Rs 6,003.15 after the company's Q3 performance missed estimates. For the December quarter, the company's net profit recorded a 3.5 per cent on-year decline to Rs 199 crore.
IRCTC: After Macquarie initiated coverage on the PSU stock with the target pegged at Rs 900, the scrip ended higher by over 2 per cent at Rs 779.55.?
IREDA: As the asset quality declined in the Q3 period sequentially, the stock ended sharply lower, down by 7 per cent at Rs 201.2 per share.
CESC: Shares of the power utility company ended lower by over 4 per cent at Rs 162.5 per share. For the December quarter,?the company’s consolidated net profit declined 5.69 per cent?to Rs 265 crore?as against Rs 281 crore posted in same quarter a year ago.
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