The IPO of Quadrant Future Tek will see its shares debut on the Indian stock exchanges on Tuesday, January 14. Ahead of the listing, the company’s shares are commanding a healthy GMP of ₹140, as per the market sources. Considering the IPO's upper price band of ₹290 and the current grey market premium, the estimated listing price of Quadrant Future Tek stands at ₹430 apiece.

DAM Capital share price declined over 9 percent in January 13 trade to settle below its listing price amid a broader market decline. Markets witnessed a sharp decline on Monday, losing over 1.5 percent as the ongoing corrective phase intensified. The broader indices also experienced significant losses, plunging nearly 4% each.

Bharat Electronics Ltd., the state-run defence equipment manufacturer on Monday, January 13, announced that it has now won orders worth ₹561 crore since its last disclosure on December 23, 2024. The company said that majority of the orders comprise of communication equipment, electro optics, upgrades for satcom network, radar & fire control system, spares, services etc.

Healthcare-focused private equity firm Quadria Capital is investing $100 million (about Rs 860 crore) in Hyderabad-based contract drug development and manufacturing company Aragen Life Sciences Ltd. The Singapore- and Delhi-based PE firm will pick up a minority stake in Aragen at a valuation of $1.4 billion, the pharmaceutical company said in a statement Monday.

Indian stock market crashes, with nearly 500 stocks hitting one-year lows, resulting in a ₹13 lakh crore loss for investors in a single session, marking a sharp selloff across the board. As many as 508 stocks, including Asian Paints, Tata Steel, Bank of Baroda, Canara Bank, Coal India, Hero MotoCorp, YES Bank, Indian Oil Corporation and Tube Investments of India, hit their 52-week low.

📌SJVN has plunged 30% since September 24. 📌Shares of Rail Vikas Nigam Ltd. closed 8.21% lower at ₹361. 📌Torrent Power stock settled 3.52% lower on Monday at ₹1,310.45. 📌Shares of Bandhan Bank Ltd. closed 4.15% lower on Monday at ₹137.99. 📌Suzlon Energy shares settled 2.21% lower on Monday at ₹54.34. 📌Shares of Godrej Properties Ltd. closed 5.97% lower on Monday at ₹2,244.

📌The top gainers within the Nifty index included Axis Bank (up 0.83%), Tata Consultancy Services (up 0.60%), Indusind Bank (up 0.44%), and Hindustan Unilever (up 0.37%). 📌Conversely, the top losers were Adani Enterprises (down 6.29%), Trent (down 5.46%), Bharat Petroleum Corporation (down 4.45%), Bharat Electronics (down 4.21%), and Adani Ports & Special Economic Zone (down 4.10%).

PVR Inox stock hit a new 52-week low, with price dropping to ₹1,079.95 on January 13. The company has experienced a 15.72 per cent decrease in the last week and is currently trading beneath all key moving averages. The share price saw a significant fall after the company informed encumbrance of shares of promoter Ajay Kumar Bijli.

Shapoorji Pallonji group firm Afcons Infrastructure Ltd on Monday (January 13) said the company has emerged as the lowest bidder (L1) for constructing the Pune Ring Road (East) Packages PRR E5 and E7, with a total project cost of ₹4,787.20 crore, and is expected to complete the project within 36 months, awarded by the Maharashtra State Road Development Corporation Ltd. (MSRDC).

Puravankara Ltd reported a ✅ 6% year-on-year (YoY) increase in collections for the quarter ended December 31, 2024, with customer collections at ₹993 crore compared to ₹941 crore in the same period last year. Sales for the quarter stood at ₹1,265 crore, a 2% YoY increase from ₹1,241 crore in Q3FY24.

📈 Domestic benchmark indices closed on a bearish note after the volatile session on 13 January, 2025. 📢 At 3:30 PM, the Sensex tanked by 1,048.90 points or 1.36% at 76,330.01, and the Nifty ended lower by 345.55 points or 1.47% at 23,085.95. 📊Among sectoral indices, Realty (⬇️6.47%), Media (⬇️4.54%), and PSE (⬇️3.89%) witnessed considerable selling pressure.

DIIs Bought ✅26,62,500 Shares, Multibagger Defence Stock Jumps 8.63 Per Cent To An Intraday High of Rs ✅129.60 Per Share .The stock has yielded impressive returns, with a ✅670% gain in 3 years and a staggering 1,500% increase in 5 years, making it a multibagger investment. .

Motilal Oswal's research report on Kalpataru Projects: Motilal Oswal remains positive on Kalpataru Projects International, citing its strong order book of INR606b, providing 2.5-3 years of revenue visibility, and expects a ramp-up in execution in coming quarters, driven by the order book and easing payment situation, with a target price of INR 1,500.

Foreign portfolio investors (FPIs) have pulled out ₹22,259 crore from Indian equities this month, leading to a 2% decline in the Nifty 50 and Sensex, with mid and small-cap stocks experiencing even more pain. FPIs' sentiment is affected by global and domestic factors, including a strong US dollar and rising crude oil prices.

Motilal Oswal maintains its "Buy" rating on Shriram Finance, targeting Rs 700, a 32% potential upside, citing stable asset quality, expected repo rate cuts, and a strategic shift towards high-yielding non-CV products. The company's merger with Shriram City Union Finance and commitment to green financing are seen as key growth areas.