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  1. Sterling and Wilson, Hatsun Agro, Infosys, Axis Bank, Bharat Dynamics, Bajaj Healthcare, GSFC: Check top buzzing stocks of the day

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Sterling and Wilson, Hatsun Agro, Infosys, Axis Bank, Bharat Dynamics, Bajaj Healthcare, GSFC: Check top buzzing stocks of the day

Upstox

4 min read | Updated on January 17, 2025, 13:00 IST

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SUMMARY

Shares of Sterling and Wilson Renewable Energy were trading nearly 9% higher at ₹417.70 apiece on the NSE. The company on Thursday posted a consolidated net profit of ₹17.14 crore for the December quarter FY25, mainly on the back of higher revenues.

Stock list

Around 12:45 PM, the S&P BSE SENSEX was trading at 76,682.73, down 360.09 points, or 0.47%.

Around 12:45 PM, the S&P BSE SENSEX was trading at 76,682.73, down 360.09 points, or 0.47%.

Buzzing Stocks: The domestic equity market was trading in the red in the noon deals on Friday, January 17.

Around 12:45 PM, the S&P BSE SENSEX was trading at 76,682.73, down 360.09 points, or 0.47%, while the NSE's NIFTY50 index was trading at 23,226.90, down 84.90 points, or 0.36%.

Here is a list of stocks that are buzzing in today's trade.
Infosys: Shares of Infosys, the IT bellwether, dropped as much as 6% to ₹1,812 apiece on the NSE in the early trade on Friday, January 17, a day after the company reported its financial results for the quarter ended December 31, 2024 (Q3 FY25).
The company reported a good set of numbers and also increased the full-year revenue guidance. Despite that, Infosys ADRs slipped in the overnight trade on Wall Street amid a sell-off in the IT stocks. READ MORE
RIL: Shares of Reliance Industries Ltd (RIL) climbed nearly 5% on Friday, following robust financial results for the quarter ended December 2024.

In the early trade, the stock rose as much as 4.7% to ₹1,326 apiece on the National Stock Exchange (NSE).

The company announced a 7.3% year-on-year increase in consolidated profit after tax (PAT) to ₹18,540 crore for the December quarter of FY 2024-25, compared to ₹17,265 crore in Q3FY24, powered by a rebound in retail and telecom businesses.

Last seen, the stock was trading at ₹1,302.30 on the NSE, up 2.83%. READ MORE
Axis Bank: Axis Bank shares dropped as much as 6.10% to ₹974.60 apiece on the NSE, a day after the lender posted a weak set of numbers for the quarter ended December 31, 2024 (Q3 FY25).

The private sector lender reported a 4% growth in its December quarter net profit to ₹6,304 crore, impacted by asset quality pressures from the retail segment.

Executives at the country's third largest private sector lender said the bank sees a degree of indebtedness in certain segments of the borrowers, which led to taking a deliberate call on slowing loan growth to 9% in the October-December period.

Kalyan Jewellers India: The stock was trading over 6% lower at ₹506.10 on the NSE. Shares of the company have fallen over 33% in the past month.
ICICI Lombard General Insurance Company: Shares of the company were trading 2.28% higher at ₹1,951.40 apiece on the NSE. The company will declare its financial results for the quarter ended December 31, 2024 (Q3 FY25).
Gujarat State Fertilizers and Chemicals (GSFC): Shares of GSFC were trading around 7.8% higher at ₹209.60 apiece on the NSE.

GSFC is a leading fertilizer manufacturer in India and produces a variety of fertilizers and agro products. GSFC was incorporated in 1962 and began producing fertilizers in 1967.

Equinox India Developments: The stock was trading 7% higher at ₹137.02 on the NSE. The old name of Equinox India Developments Limited was Indiabulls Real Estate Limited (IBREL). The company officially changed its name on July 8, 2024.
Sterling and Wilson Renewable Energy (SWREL): Shares of Sterling and Wilson Renewable Energy were trading nearly 9% higher at ₹417.70 apiece on the NSE.

The company on Thursday posted a consolidated net profit of ₹17.14 crore for the December quarter FY25, mainly on the back of higher revenues.

The company had incurred a net loss of ₹62.39 crore in the year-ago period.

Total income rose to ₹1,842.67 crore from ₹610.31 crore in the same period a year ago.

Hatsun Agro Products: Shares were trading over 7% lower at ₹964.05 apiece on the NSE.

Net profit of the company declined 28.68% to ₹40.94 crore in the quarter ended December 2024 as against ₹57.40 crore during the previous quarter ended December 2023.

Sales rose 6.48% to ₹2,009.75 crore in the quarter ended December 2024 as against ₹1,887.49 crore during the previous quarter ended December 2023.

Bharat Dynamics: Shares of Bharat Dynamics were trading nearly 6% higher at ₹1,270.50 apiece on the NSE.

Recently, the Ministry of Defence (MoD) signed a contract with the company for the supply of medium-range surface-to-air missiles (MRSAM) for the Indian Navy.

The missiles would be supplied by BDL at a cost of approximately ₹2,960 crore.

The MRSAM system is a standard fit, onboard multiple Indian naval ships, and is planned to be fitted on the majority of the future platforms planned for acquisition.

Bajaj Healthcare: Shares of Bajaj Healthcare jumped as much as 16.4% to ₹654 apiece on the NSE after the company announced it has secured a major contract for manufacturing, distribution, and sales of Magnesium L Theronate.
Bajaj Healthcare has received exclusive rights for the manufacturing, distribution, and sales of the finished formulation of the product Magnesium L Threonate (Magtein) in India from the rights holder, Threotech LLC. READ MORE

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