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Companies like Bank of India, Aditya Birla Money, Centrum Capital, DCB Bank, EMS Ltd, Granules India, Trident, Ugro Capital, Vimta Labs and a few others will also declare their quarter results.

KEI Industries and Tanla Platforms have announced interim dividends, with January 27 as the record date for eligibility. KEI Industries declared a Rs 4 per share dividend, while Tanla Platforms approved Rs 6 per share. Shareholders holding stocks by this date will qualify for the payouts, which will be distributed by February 20.

EMA Partners shares will list on the NSE SME platform with an expected 28% listing gain over the issue price. The IPO, comprising both fresh equity and an offer for sale, was oversubscribed 221 times. Funds will be used for working capital, IT investments, and general corporate purposes.

GB Logistics IPO opens today, aiming to raise Rs 25 crore through a fresh equity sale of 24.57 lakh shares. The price band is set at Rs 95-102 per share. The proceeds will be used for debt repayment, working capital, and corporate purposes. The allotment finalization is expected on January 29, with listing on January 31.

Ujjivan Small Finance Bank plans to apply to the RBI for transitioning to a universal bank, aiming for lower capital adequacy requirements and decreased priority sector lending targets. Third-quarter net profit dropped 64% due to higher provisions amid microfinance stress. Deposits grew 16.3% year-on-year.

Bank lending outpaces deposit growth in early Q4, pressuring resources and raising deposit rates. Lending is up 11.5% year-on-year as of January 2025, with a slowdown attributed to RBI measures and market concerns. Banks focus on reducing their credit-to-deposit ratio to manage fund costs and profit margins.

Coforge and Persistent Systems soared 11.5% and 10.3%, respectively, on Thursday. KPIT Technologies and Mphasis gained over 3% each, while LTI Mindtree and L&T Technologies rose 2.4% and 1.06%, respectively. Cyient moved up 2%.

The Reserve Bank of India (RBI) has requested commercial banks to report the impact of the proposed stringent liquidity coverage ratio (LCR) norms, which require banks to hold more high-quality liquid assets (HQLAs). The norms are intended to mitigate withdrawal risk but may constrain lending capacity.

Angel One, the third-largest broker by client base, posted a 17% quarter-on-quarter (QoQ) decline in revenues for the December quarter. Its net profit plunged 34%, falling from ₹423 crore in September to ₹281 crore in December.

On Thursday, RBI injected more than ₹1.45 lakh crore via two overnight variable rate repo (VRR) auctions and a buyback operation of ₹9,666 crore. The RBI will conduct a similar VRR auction on Friday for ₹2 lakh crore, along with a 14- day auction for ₹1.75 lakh crore, maturing on February 7.