Stocks to Watch: RailTel Corp, HDFC Bank, PNB Housing, Tanla Platforms, India Cements and more

Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open higher on Wednesday , following gains in global markets. Stocks in focus during today's trading session RailTel Corporation : The company has received a work order from Northwestern Railway for signaling, amounting to ₹ 46.79 crore. ICICI Prudential Life Insurance : ICICI Prudential Life Insurance on Tuesday reported a 43% surge in net profit to ₹ 326 crore for the third quarter ended December 2024. The life insurance company, promoted by ICICI Bank, had posted a profit of ₹ 227 crore in the same quarter a year ago. PNB Housing : PNB Housing Finance on Tuesday reported a 43% jump in net profit to ₹ 483 crore for the December quarter. The non-banking finance company, promoted by Punjab National Bank, had earned ₹ 338 crore in the same quarter a year ago. HDFC Bank : The country's largest private sector bank is set to announce its December quarter performance today, expected to be released post-market hours. Tata Technologies : Tata Technologies on Tuesday, January 21, reported a nominal 1% year-on-year (YoY) drop in its consolidated net profit for the December quarter of the current financial year (Q3FY25). The company reported a profit of ₹ 168.64 crore for the quarter under review, compared with a profit of ₹ 170.22 crore in the corresponding quarter of the last financial year. Tanla Platforms : The company reported a 15% year-on-year fall in its consolidated net profit for the financial year's third quarter (Q3FY25) to ₹ 118.51 crore, compared to ₹ 140.13 crore in the year-ago period. Tata Elxsi : The company has joined forces with Minespider, a blockchain-powered traceability solutions provider, to launch MOBIUS+, an advanced battery lifecycle management platform. Jana Small Finance Bank : The lender reported a 17.91% drop in standalone net profit, reaching ₹ 110.6 crore in Q3FY25, compared to ₹ 134.6 crore in the same period last year. The net profit showed a sequential improvement of 14.60% from ₹ 96 crore posted in the September 2024 quarter. The bank's net interest income (NII) stood at ₹ 593 crore, marking an 8% increase from ₹ 549 crore in Q3FY24 . India Cements : The company on Tuesday reported a consolidated net profit of ₹ 116.52 crore in the third quarter ended on December 31, 2024, boosted by the sale of investments. Servotech Renewable Power : The company reported a manifold rise in its consolidated net profit to nearly ₹ 8 crore in the December quarter, pushed by higher revenues. It had posted a net profit of ₹ 1.11 crore during the October-December period of the 2023-24 financial year. Disclaimer : We advise investors to check with certified experts before taking any investment decisions.