Shares of Rail Vikas Nigam Ltd., the state-run railway and construction company are down another 7% on Monday, in-line with the continuing pain in the midcap and smallcap space. This is the third straight day of losses for the railway PSU. With Monday's fall, RVNL shares are now down 45% from their peak of ₹647, which they had hit in August last year.

Rahul Chadha, CIO of Shikhara Investment Management, believes the next 3-6 months offer a buying opportunity in the Indian market, particularly in large caps, and later in mid and small caps after a further 15-20% correction, citing a strong structural story and 17-18% cheaper valuations in dollar terms.

Nifty 50 index has corrected 12% from its record high, with nearly two-thirds of its constituents declining over 10%. Four stocks, including 📌IndusInd Bank, 📌Bajaj Auto, 📌Hero MotoCorp, and 📌Asian Paints, have fallen over 30% from September 27 levels. NTPC and Coal India are among other top losers, with potential upside expected.

TCS's Q3FY25 revenue and profits met estimates, with revenue growing 5.6% YoY, driven by strong performance in Latin America, UK, and India. PAT stood at INR 123,800 Mn, up 12% YoY, with a PAT margin of 19.5%. The company's robust deal pipeline and improving macro-economic conditions are expected to drive substantial revenue growth, with a target price of INR 4,631 and an "ACCUMULATE" rating.

Shares of Piramal Pharma saw strong buying interest on Monday, January 13, defying weak market sentiment. While the equity benchmark Sensex crashed over a per cent, Piramal Pharma share price surged over 9 per cent after three sessions of losses. Piramal Pharma share price opened at ₹217.85 against its previous close of ₹221.65 and jumped 9.45 per cent to the level of ₹242.60.

Apple surpasses Rs 1 lakh crore mark in iPhone exports from India, reaching a record $12.8 billion, a 42% year-on-year increase, driven by a rise in local value addition and domestic production. Apple's local value addition has grown to 15-20%, and domestic production totaled $17.5 billion, with the company projected to achieve $30 billion in annual production within a few years.

Kalyan Jewellers India's shares extended their bearish trend for the seventh consecutive trading session, falling 7% to a 20-week low of ₹584, attributed to profit booking after a 651% rally between March 2023 and December 2024. Despite this, the company reported strong Q3 FY25 business updates and plans to launch new showrooms.

HCL Tech Q3 Results Live Updates: HCL Technologies will post its results for the October to December 2024 quarter after market hours on January 13. A key factor to watch is if the IT giant will revise its FY25 revenue guidance. Analysts polled by CNBC-TV18 expect the firm’s revenue to rise 4% and profit to go up 9% on a sequential basis. Ahead of Q3 results, HLC Tech shares traded lower.

Crude-sensitive stocks, including oil marketers, paint, tyre manufacturers, and airlines, fell on Monday, January 13, as Brent oil prices surged past $81 per barrel. The rise follows expectations that new U.S. sanctions on Russia will impact crude supplies to China and India. Oil prices reached their highest level in over three months.

Reported Consolidated quarterly numbers for Hathway Bhawani Cabletel And Datacom are: Net Sales at Rs 0.59 crore in December 2024 down 12.27% from Rs. 0.67 crore in December 2023. Quarterly Net Loss at Rs. 0.04 crore in December 2024 down 296.41% from Rs. 0.02 crore in December 2023. EBITDA stands negative at Rs. 0.02 crore in December 2024 down 125% from Rs. 0.08 crore in December 2023.

Reported Consolidated quarterly numbers for CESC are: Net Sales at Rs 3,561.00 crore in December 2024 up 9.77% from Rs. 3,244.00 crore in December 2023. Quarterly Net Profit at Rs. 265.00 crore in December 2024 down 5.69% from Rs. 281.00 crore in December 2023. EBITDA stands at Rs. 706.00 crore in December 2024 down 26.69% from Rs. 963.00 crore in December 2023.

Maruti Suzuki will hold a board meeting on January 29, 2025, to review Q3 FY25 financial results. Maruti Suzuki India, Maruti Suzuki India, the largest passenger car maker in India, is expected to post revenue growth of 16 percent, with net profit estimated at ₹3,508 crore despite recent challenges and a previous profit decline of 18% in Q2 FY25.

Reported Consolidated quarterly numbers for Transformers & Electricals Kerala are: Net Sales at Rs 559.36 crore in December 2024 up 51.44% from Rs. 369.35 crore in December 2023. Quarterly Net Profit at Rs. 54.74 crore in December 2024 up 251.35% from Rs. 15.58 crore in December 2023. EBITDA stands at Rs. 93.76 crore in December 2024 up 133.76% from Rs. 40.11 crore in December 2023.

Reported Consolidated quarterly numbers for Transformers and Rectifiers India are: Net Sales at Rs 559.36 crore in December 2024 up 51.44% from Rs. 369.35 crore in December 2023. Quarterly Net Profit at Rs. 54.74 crore in December 2024 up 251.35% from Rs. 15.58 crore in December 2023. EBITDA stands at Rs. 93.76 crore in December 2024 up 133.76% from Rs. 40.11 crore in December 2023.

PCBL's shares plummeted 11% after the company's dismal Q3 earnings, with net profit dropping 37% to Rs 93 crore due to rising operating costs, finance costs, and employee benefits. Revenue grew 21% to Rs 2,010 crore, but EBITDA margin contracted to 16%. Brokerage firm JM Financial lowered its price target by 19% to Rs 500.