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JM Financial maintains a hold rating on Zydus Lifesciences, setting a target price of Rs 1,090. The quarterly income has dropped by 15.40% from the previous quarter but increased by 19.95% compared to the same quarter last year. Despite facing Asacol HD competition, Zydus Lifesciences’ gradual impact is anticipated, with promoters holding a 74.98% stake.

Waaree Renewable secured a Rs 277.20 crore order to establish a 105 MWp (DC) capacity ground-mounted solar project. The order, awarded by a leading wind energy company, is scheduled for completion in FY 2025-26. The company has delivered strong stock returns, with 86.04% growth over the last year and 1,388.9% over three years.

A White Marubozu is a bullish candlestick pattern in technical analysis.

ICICI Securities recommends an ADD call on HDFC Asset Management with a target price of Rs 4,400. HDFC AMC, a major player in financial services, reported significant growth in core EBITDA driven by better yields. The company showed a strong performance in equity market shares and SIP flows, suggesting optimistic future business metrics.

The Nifty future closed higher with a gain of 0.54%, reaching 23,393 levels on Monday. India VIX ended at 16.42, rising 4.2% in the previous trading session.

HDFC Securities recommends adding Infosys with a target price of Rs 2015. Current price is Rs 1797.6. Infosys reported Q3 FY24 consolidated income of Rs 42623 crore and net profit of Rs 6822 crore. Growth projections include a CQGR of 1.7% to 2.3% for FY25/26/27E. Promoters hold 14.43% stake with significant FII and DII ownership.

Andhra Pradesh-based stocks like Heritage Foods and Amara Raja Energy, which gained investor interest post-Budget, are now underperforming. Despite initial market excitement and promises from Andhra CM Chandra Babu Naidu and Finance Minister Nirmala Sitharaman, most of these stocks are trading negatively due to worsening market sentiments.

As of 31-Dec-2024, promoters held 50.05 per cent stake in the company, while FIIs held 5.14 per cent and domestic institutional investors had 15.21 per cent.

Oil prices fell in Asian trading after President Trump announced plans to increase U.S. oil and gas production. He also delayed new tariffs on imports from Canada and Mexico. Trump said he was considering stopping oil purchases from Venezuela and promised to refill strategic reserves, potentially increasing demand for U.S. crude oil.