Most Active Stocks on January 17, 2025
As of January 17, 2025, several stocks have shown significant activity in the market. Below is a detailed overview of these stocks:
Reliance Industries Limited (NSE: RELIANCE)
Reliance Industries continues to be a dominant player in the Indian market, with substantial trading volumes observed today. The company's diverse portfolio and strategic initiatives contribute to its active market presence.
Infosys Limited (NSE: INFY)
Infosys, India's second-largest IT firm, reported an 11.46% year-over-year increase in net profit to ₹6,806 crore and raised its revenue growth forecast to 4.5-5%. Revenue rose 7.6% to ₹41,764 crore, indicating solid demand for IT services.
Axis Bank Limited (NSE: AXISBANK)
Axis Bank reported a 4% year-over-year rise in standalone net profit to ₹6,304 crore, with total income growing to ₹36,926 crore. Strong interest income and consistent performance make Axis Bank a potential buy.
Bharat Petroleum Corporation Limited (NSE: BPCL)
BPCL secured a ₹31,802 crore loan agreement to fund its petrochemical complex and refinery expansion in Bina, Madhya Pradesh, which could boost long-term growth.
LTIMindtree Limited (NSE: LTIM)
LTIMindtree, an IT firm, saw a 7.14% year-over-year drop in net profit to ₹1,085.4 crore, despite a revenue increase of 7.14%. Sequential profits fell 13.23%, reflecting weaker margins.
Havells India Limited (NSE: HAVELLS)
Consumer goods maker Havells reported a 3% year-over-year drop in net profit to ₹278 crore, missing analyst estimates.
AstraZeneca Pharma India Limited (NSE: ASTRAZEN)
AstraZeneca has secured approval from the Central Drugs Standard Control Organisation (CDSCO) to import and distribute eculizumab concentrate, marketed as Soliris, in India. This clearance allows the pharmaceutical company to sell the drug, used for treating rare and severe blood disorders, within the country.
HFCL Limited (NSE: HFCL)
HFCL has won an advance work order worth ₹2,501.30 crore from Bharat Sanchar Nigam Limited (BSNL) for BharatNet Phase III in Punjab. The contract involves network construction, upgrades, and maintenance, with completion slated in three years.
These developments have driven significant investor interest and trading volumes in these stocks during today's trading session.
Disclaimer: The information provided is based on publicly available sources and is not intended as investment advice. Investing in stocks involves risk. Readers are advised to consult with a financial advisor before making any investment decisions.
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