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January 22, 2024, is a public holiday in Maharashtra, India. The BSE and NSE were closed for the “Pran Pratishtha” ceremony held at Ayodhya’s Ram Mandir. Here are some stocks to keep an eye on for tomorrow’s session. 

Hisar Metal Industries Ltd 

On October 7, 2023, a fire was reported in one section of the manufacturing plant. This is to inform you that the said section is now operational and production has resumed. 

Hisar Metal Industries Ltd, founded in 1991, manufactures and sells stainless steel strips/coils, tubes, and pipes. 

Shree Cement Ltd 

The company has begun commercial production at the Nawalgarh cement plant, located in the village of Gothra in Rajasthan’s Nawalgarh Tehsil. 

Shree Cement is engaged in the manufacturing and selling of cement and cement-related products and is one of the lowest-cost producers in the country. 

Bharat Wire Ropes Ltd 

The company has released its third-quarter results. From 144 to 157, net revenue increased by 9% year over year, and from 19 to 26, net profit increased by 39% year over year. 

Bharat Wire Ropes Limited is a steel wire, wire rope, strand, and sling manufacturer. 

Monarch Networth Capital Ltd 

Monarch Networth Capital Ltd has announced its financial results their net revenue rose by 58% from 48 to 76 and the net profit rose by 178% from 14 to 39. 

Monarch Networth Capital Limited provides financial services including pure stock broking, primary market operations, mutual funds, insurance, and financial planning. 

Oriental Hotels Ltd 

The company has released its third-quarter results. From 106 to 102, net revenue increased by 3.7% year over year, and from 16 to 19, net profit increased by 18% year over year. 

Oriental Hotels Ltd specializes in the ownership, operation, and management of hotels, palaces, and resorts. 

Spandana Sphoorty Financial Ltd 

Spandana Sphoorty Financial Ltd has announced its financial results their net revenue rose by 76% from 354.6 to 626 and the net profit rose by 78.5% from 71.3 to 127.3. 

Spandana Sphoorty Financial’s primary business is microfinance, which provides small-value unsecured loans to low-income customers in semi-urban and rural areas. 

Written by Sriram KV

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