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Stocks to Watch on Jan 13: TCS, HCLTech, Adani Energy, Biocon, NLC India and more

Stocks to Watch on Jan 13: TCS, HCLTech, Adani Energy, Biocon, NLC India and more

Indian equity markets are set for an active session on Tuesday, January 13, as several frontline and mid-cap stocks come into focus following Q3 earnings announcements and important corporate developments. Stocks such as Tata Consultancy Services, HCL Technologies, Adani Energy Solutions, Biocon, NLC India, NBCC, and others are expected to see heightened investor interest across IT, energy, pharma, infrastructure, and logistics sectors.

IT Stocks in Focus After Q3 Results

Tata Consultancy Services delivered a mixed performance for the December quarter. The company reported a 11.7% quarter-on-quarter decline in net profit to ₹10,657 crore, marginally below street expectations. Revenue, however, rose 2% to ₹67,087 crore, while EBIT margin remained steady at 25.2%. Along with its results, the company announced a third interim dividend of ₹11 per share and a special dividend of ₹46 per share, which is likely to support sentiment around the stock.

HCL Technologies reported Q3 revenue of ₹33,872 crore, marking a 6% QoQ growth. Net profit dipped 3.7% to ₹4,076 crore, largely due to a one-time labour code impact of ₹956 crore. The company’s EBIT margin improved to 18.6%, and constant currency revenue grew 4.1% QoQ. HCLTech also declared an interim dividend of ₹12 per share, which investors will closely track.

Energy and Renewables Updates to Track

Adani Energy Solutions continues to show operational stability. The company reported collection efficiency of 101.75% year-on-year, with system availability at a strong 99.69%. Its transmission business order book under construction stands at ₹77,787 crore, reflecting long-term growth visibility in the power transmission space.

NLC India announced key strategic decisions that could influence the stock. The board approved the listing of its renewable energy arm, NLC India Renewables, with a planned 25% stake dilution. The company will also invest ₹66.7 crore in the subsidiary. Additionally, NLC India declared an interim dividend of ₹3.6 per share, with January 16 set as the record date.

KP Green Energy also grabbed attention after signing an agreement with the Gujarat government to develop renewable energy projects worth ₹4,000 crore, reinforcing its expansion into large-scale sustainable infrastructure projects.

Pharma and Healthcare-Linked Developments

Biocon announced the launch of a qualified institutional placement (QIP) worth ₹4,150 crore. The indicative issue price has been set at ₹368.35 per share, representing a 5% discount to the current market price. The funds are expected to support the company’s growth initiatives and balance sheet strengthening.

NBCC moved into a new growth avenue by signing a memorandum of understanding with Bharat Electronics to develop a healthcare manufacturing and service ecosystem. This marks NBCC’s strategic entry into healthcare infrastructure, a segment with long-term growth potential.

Logistics and Infrastructure Stocks to Watch

Sical Logistics received a Letter of Award worth ₹4,038 crore from South Eastern Coalfields. This major project significantly strengthens the company’s order book and provides long-term revenue visibility.

Key Earnings Announcements Expected Today

Market participants will also closely track quarterly results from ICICI Lombard, ICICI Prudential, Navkar Corporation, Tata Elxsi, Just Dial, and Bank of Maharashtra, with focus on revenue growth, profitability, and management guidance.

Anand Rathi Wealth has already reported strong numbers, posting a 29% year-on-year rise in net profit to ₹99.7 crore on the back of 22% revenue growth to ₹289.6 crore. EBITDA increased 22.6% to ₹131.8 crore, while margins remained healthy at 45.5%.

Market Outlook

With a mix of earnings reactions, dividend announcements, large order wins, and strategic investments across sectors, January 13 is expected to be an action-packed trading session. Investors are likely to remain stock-specific, closely tracking management commentary and forward-looking guidance to assess near-term market direction.

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