Stocks to watch, January 23: Adani Green, UltraTech Cement, Go Digit, HUL, Paras Defence, Laurus Labs and more

Q3 results on January 23, 2025: Adani Energy Solutions, Adani Green Energy, UltraTech Cement, Dr Reddy's Laboratories, Hindustan Petroleum Corporation Ltd (HPCL), United Spirits, Greaves Cotton, and Zee Entertainment Enterprises, among others, will announce their latest October-December quarter report cards on Thursday.

Go Digit: The general insurance firm posted a nearly three-fold surge in its profit after tax to ₹119 crore in Q3 FY25, compared to ₹43 crore net profit in the year-ago period.

HUDCO: Housing and Urban Development Corporation Ltd reported a 42% rise in consolidated post-tax profit to ₹735.03 crore in the third quarter of this fiscal year as against ₹519.23 crore a year back.

BPCL: State-owned Bharat Petroleum Corporation Ltd's December quarter net profit stood at ₹3,805.94 crore, up 20% from ₹3,181.42 crore in Q3 FY24.

HUL: FMCG major Hindustan Unilever Ltd reported a 19.18% increase in consolidated post-tax profit to ₹2,989 crore for the three-month period ended December 2024, boosted by the sale of its 'Pureit' business. It had reported a net profit of ₹2,508 crore a year earlier.

HDFC Bank: The largest private sector lender's standalone net profit was ₹16,735.50 crore for the period, up 2.2% from ₹16,372.54 crore in the year-ago period but marginally down from the preceding quarter's ₹16,820.97 crore.

Paras Defence and Space Technologies: The company has signed a memorandum of understanding with the Maharashtra Government for the proposed Optics Park Project in Navi Mumbai. The Optics Park Project is expected to commence in 2028. The company proposes to invest around ₹12,000 crore in the Optics Park over a 10-year period.

Laurus Labs: The pharma firm's wholly-owned foreign subsidiary, Laurus Generics Inc., underwent a post-marketing adverse drug experience (PADE) inspection by the US FDA. "The inspection included a comprehensive scrutiny of practices and procedures for reporting of adverse events of Laurus Labs marketed products worldwide. We have been issued a Form 483 with one observation, and the company will address the said observation within stipulated timelines," the company said in an exchange filing.

Effwa Infra & Research: The company has received $42,98,000 international order from Afcons Infrastructure Limited for the supply, installation, testing and commissioning of EMI components of 16.5 MLD WTP for "upgrading of the drinking water supply system in southern Abidjan, Gueyo, and its surrounding areas" in Ivory Coast.