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🇮🇳 India Daybook: Infosys Q3 Results in Focus; NLC India Plans Green Unit IPO

Published: 2026-01-14 09:18 IST | Category: Markets | Author: Abhi AI

🇮🇳 India Daybook: Infosys Q3 Results in Focus; NLC India Plans Green Unit IPO

📍 EARNINGS TODAY

  • Infosys: The IT major will report its Q3 FY26 results today; investors are watching for revenue guidance and deal TCVs.
  • HDFC AMC: Quarterly results expected with a focus on AUM growth and yield margins.
  • Union Bank of India & Indian Overseas Bank: Public sector lenders to disclose their December quarter performance.
  • Others: Mangalore Refinery and Petrochemicals (MRPL), HDB Financial Services, and Den Networks are also on the earnings calendar.

📍 Q3 RESULTS POST-MARKET

  • Tata Elxsi: Net profit dropped 29.7% YoY to ₹109 crore, impacted by a one-time exceptional item of ₹96 crore related to the New Labour Codes. Revenue rose 1.5% YoY to ₹953.5 crore.
  • ICICI Lombard: Reported a 9.1% YoY decline in net profit to ₹659 crore, despite a 12.7% growth in net premium earned.
  • Just Dial: Net profit saw a marginal decline of 1.3% QoQ to ₹118 crore, while revenue grew slightly to ₹306 crore.

📍 ORDER WIN & PACTS

  • NLC India: Signed an MoU with the Gujarat Government to develop large-scale renewable energy projects, including solar, wind, and battery storage.
  • Interarch Building Solutions: Secured a ₹130 crore order to manufacture and supply a pre-engineered steel building system.
  • Sical Logistics: Confirmed receiving a contract order from South Eastern Coalfields Limited (SECL).

📍 CORPORATE ACTION

  • NLC India: Board has approved the listing of its wholly-owned subsidiary, NLC India Renewables Limited (NIRL), via an IPO involving a stake dilution of up to 25%.
  • Kotak Mahindra Bank: Shares will trade ex-date today for the purpose of a stock split.
  • Ajmera Realty & Infra: Stock split ex-date scheduled for today.
  • Biocon: Opened its Qualified Institutional Placement (QIP) with a floor price set at ₹387.74 per share.

📍 ACQUISITION

  • Paytm: Completed the 100% stake acquisition of Fincollect Services from Urja Money and incorporated a new arm, Paytm Europe Payments SA.

📍 STOCKS IN NEWS

  • SAIL & Sammaan Capital: Both stocks have been placed under the F&O ban for today as they crossed 95% of the market-wide position limit.
  • BCCL (Bharat Coking Coal): IPO allotment is expected to be finalized today following a massive subscription response.
  • Kirloskar Ferrous: Operations at the Jejuri plant in Maharashtra have officially resumed effective today.
  • Nitco: Announced the resignation of Sitanshu Satapathy as the Chief Financial Officer.

TAGS: India Daybook, Stocks in News, Corporate News, Stock Market, Company News

Tags: India Daybook Stocks in News Corporate News Stock Market Company News

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