Indian benchmark indices, Sensex and Nifty50, closed lower on January 14, 2026, experiencing declines in consumer durables and realty stocks. This cautious sentiment was attributed to weak global market cues, sustained foreign institutional investor (FII) outflows, and anticipation surrounding US-India trade talks. Despite the festive occasion of Makar Sankranti, the stock markets operated normally, though January 15, 2026, was declared a full trading holiday due to municipal corporation elections in Maharashtra, impacting F&O expiry dates.

📍 CORPORATE EARNINGS

• Anand Rathi Wealth The company announced a strong performance for Q3 FY26, reporting a 30% year-on-year rise in consolidated net profit, reaching ₹1.0018 billion, up from ₹0.773 billion in the same period last year. Revenue from operations also increased by 22% to ₹2.8 billion. Assets under Management (AUM) saw a significant 30% growth, climbing to ₹990.08 billion from ₹764.02 billion in Q3 FY25. Mutual fund distribution revenue grew 21% year-on-year, and net inflows rose 10%.

• Maharashtra Scooters A Q3 update was released for Maharashtra Scooters, though specific financial details were not available in the immediate reports.

📍 ORDER WIN

• Sical Logistics Sical Logistics confirmed the securing of an order contract from South Eastern Coalfields Limited (SECL). The company is primarily involved in mining projects for Northern Coalfields in Madhya Pradesh and Mahanadi Coalfields in Odisha.

📍 IPO / OFS UPDATES

• Bharat Coking Coal (BCCL) The allotment for Bharat Coking Coal's IPO, a book-built issue worth ₹1,071.11 crore, was finalized on January 14, 2026. The IPO, entirely an Offer for Sale (OFS) of 46.57 crore shares by promoter Coal India, had a price band of ₹21-₹23 per share. Listing on BSE and NSE is tentatively scheduled for January 16, 2026.

• East India Drums & Barrels Manufacturing Ltd. The promoter, Shri Madhav Jayesh Valia, announced an Offer for Sale (OFS) of a 5% stake, totaling 7,38,711 equity shares, scheduled between January 14-16, 2026. The non-retail portion of the OFS was open on January 14, 2026, with a floor price of ₹125 per share, aimed at complying with minimum public shareholding regulations.

• Victory Electric Vehicles International Ltd. and Yajur Fibres Ltd. Both companies had tentative listing dates on January 14, 2026, on the NSE SME and BSE SME platforms, respectively.

📍 MANAGEMENT CHANGES

• 5paisa Capital Limited The company announced the appointment of three new Senior Managerial Personnel (SMPs), effective January 14, 2026. Ms. Geetha Menon was appointed as Head of Human Resources, Mr. Abhinav Agarwal as Head of Investing Product, and Mr. Dinesh Singh as Head of Design.

📍 DIVIDEND ANNOUNCEMENTS

• NLC India Limited NLC India revised the record date for its FY26 interim dividend to January 20, 2026, from the previously announced date. This change was made to accommodate the trading holiday on January 15, 2026.

📍 PROJECT CANCELLATIONS

• RailTel RailTel faced a significant setback as the Bihar government cancelled three of its projects, collectively valued at over ₹609 crore.

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