Stocks to Watch, January 12: HCL Technologies, IREDA, TCS, RIL, Avenue Supermarts, GTPL Hathway, NTPC, Tejas Networks

The company is looking for technology tie-ups for various processes, like coal beneficiation and gasification, to produce synthetic natural gas (SNG), the official said, requesting anonymity.

NTPC will look to produce SNG at a cost of around $12 million per British thermal unit (MMBTU).

The acquisition will be done by Coastal Cedar Investment BV, an affiliate of Warburg Pincus. The Lemon Tree Hotels board has approved the execution of a share purchase agreement enabling the acquisition by Coastal Cedar, a regulatory filing said.

The company's board has also approved execution of an agreement providing for a primary investment of up to ₹960 crore by Warburg Pincus in tranches to support the future growth of Fleur, which will be listed separately on the exchanges.

In a regulatory filing, Lemon Tree said the strategic reorganisation and investment from Warburg in Fleur will unlock long-term shareholder value by creating two focused, high-growth, and large-scale platforms.

In the corresponding period of the previous fiscal year, it had clocked a net profit of ₹425.38 crore, it said in a regulatory filing dated January 9.

The NBFC witnessed a 25% annual surge in its revenue from operations to ₹2,130 crore during the quarter under review, compared to ₹1,698 crore in the December quarter of FY25.

In a regulatory filing late on Friday, the domestic gear maker reported a consolidated net loss of ₹196.55 crore for the second consecutive quarter during the period under review, mainly due to lower sales, including the deferment of a purchase order from state-owned BSNL.

The company had clocked a net profit of ₹165.67 crore in the third quarter of the 2024-25 fiscal year (Q3FY25).

The supermarket chain operator reported an 18.27% year-on-year (YoY) surge in its consolidated net profit to ₹855.92 crore for the third quarter of the 2025-26 financial year (Q3FY26).

In the corresponding period a year earlier, it had logged a profit of ₹723.72 crore, it said in a regulatory filing on Saturday.

Its profit after tax (PAT) margin grew to stand at 4.7% in Q3FY26, as against 4.5% in Q3 of the 2024-25 fiscal year (Q3FY25).

In September last year, the Directorate General of Civil Aviation (DGCA) imposed a fine of Rs 20 lakh each on the Director of Flight Operations and the Director of Training of IndiGo.

The DGCA Appellate Authority, through an order dated January 7, has dismissed the appeal.

Adani was addressing the Vibrant Gujarat Regional Conference (VGRC) for the Kutch and Saurashtra regions held in Rajkot in the presence of Prime Minister Narendra Modi, Gujarat Chief Minister Bhupendra Patel, Deputy Chief Minister Harsh Sanghavi, and several industry leaders.

"The Adani Group is committed to investing ₹1.5 lakh crore over the next five years in the Kutch region. We will complete our Khavda project and commission the full 37 GW capacity by 2030, and we will also double our port capacity at Mundra in 10 years," he said.

Adani said that every one of these investments aligns with India's national priorities: employment generation, industrial competitiveness, sustainability, and long-term resilience.

Ambani announced five firm commitments for Gujarat at the Vibrant Gujarat Regional Conference for the Kutch and Saurashtra regions in Rajkot.

"First, investment at an unprecedented scale. Reliance is already Gujarat's largest investor. In the last five years, we have invested over ₹3.5 lakh crore," he said.

In a regulatory filing on Sunday, the company reported a 27% year-on-year (YoY) decline in its sales bookings to ₹2,020 crore during the quarter under review, despite high festive demand for housing properties.

The Gurugram-based company sold properties worth ₹2,770 crore in the December quarter of the 2024-25 fiscal year (Q3FY25).