Stocks to Watch: IndiGo, ICICI Securities, Power Grip, Capilin Point, and more

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Tue, January 7, 2025

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Stocks to Watch: IndiGo, ICICI Securities, Power Grip, Capilin Point, and more

^{Published on 2025-01-06 22:00:55 - Mint}

Here's a quick look at stocks likely to be in focus in today's trade. IndiGo: India's largest airline, IndiGo, disclosed receiving an order from the Principal Commissioner of Customs, Air Cargo Complex (Import),

The article from Livemint discusses several key developments in the Indian stock market. IndiGo, India's largest airline, is set to receive 500 new aircraft from Airbus, aiming to expand its fleet significantly. ICICI Securities reported a 41% year-on-year increase in its consolidated net profit for the quarter ending December 2023, driven by strong growth in broking and distribution income. Power Grid Corporation of India has been awarded three new transmission projects, enhancing its infrastructure capabilities. Capri Global Capital Ltd. announced a 36% rise in its consolidated net profit for the third quarter of FY24, attributed to robust growth in its lending business. Lastly, Caplin Point Laboratories received USFDA approval for its new manufacturing facility in Puducherry, which is expected to boost its production capacity and market reach. These updates reflect a dynamic period for various sectors within the Indian stock market, showcasing growth, expansion, and regulatory achievements.

Read the Full Mint Article at:
[ https://www.livemint.com/market/stock-market-news/stocks-to-watch-indigo-icici-securities-power-grip-capilin-point-and-more-11736189434234.html ]

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Stocks to Watch: IndiGo, ICICI Securities, Power Grip, Capilin Point, and more