Stocks to watch on Friday, January 19: At 8:19 AM, GIFT Nifty futures traded 53.05 points, or 0.25 per cent, higher at 21,580.5, indicating a positive start for domestic equities today.

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In the previous session, the 30-share BSE Sensex fell by 313.90 points, or 0.44 per cent, to settle at 71,186.86. The Nifty declined 109.70 points, or 0.51 per cent, to 21,462.25. During the day, it plunged 286.4 points, or 1.32 per cent, to 21,285.55.

Here are some stocks that will be in focus on Friday, January 19

Home First Finance: The home financier posted good results. Profits at the company edged higher by 34.1 per cent YoY in Q3. AUM at the company also increased by 33.5 per cent to Rs 9014 crore.

Poonawalla Fincorp: The company's net profit for the third quarter ended on December 31 stood at Rs 265.14 crore against Rs 182.44 crore year-on-year (YoY). The company's total revenue stood at Rs 762.61 crore, up from Rs 498.46 crore a year ago.

Lupin: The pharmaceutical company got approval for Febuxostat tablets from the US Food and Drug Administration (USFDA). The product will be manufactured at Lupin’s Pithampur facility in India. 

JSW Infrastructure: The company clarified that it isn't in talks to acquire Navkar Corporation.

Fine Organic Industries: A fire incident occurred in a plant adjacent to the small manufacturing plant of Fine Organic Industries Limited, situated in Badlapur. As per the filing, the fire was successfully contained.

Innova Captab: The company reported good Q2 results, with margins increasing to 14.3 per cent versus 12.8 per cent YoY.

EMS: The company has been declared the L1 bidder for the Vikas Nagar, Dehradun tender worth around Rs 478.93 crore.

Dixon Technologies: Imported raw material was used by the subsidiary company to prepare the product. The issues raised by DRI are of an interpretational nature.

CL Educate/ Arihant Academy and Veranda Learning: The education ministry has come up with guidelines on coaching as per which no student aged below 16 years can be enrolled for the classes. 

Borosil: The company, in its board meeting scheduled for January 24, will mull over fund raising through rights issues, QIPs, ADRs, etc.

NHPC: The OFS of the company will open for retail investors today at a floor price of Rs 66. In the non-retail investor segment, the OFS was subscribed 4.03 times.

IEX: Funds have been paring stake in the stock, and likewise, the stock has been falling for the last two days. Indus India Fund (Mauritius) sold 50.17 lakh shares, or 0.56 per cent stake, at Rs 138.08 per share. The stock is in the F&O ban.

HUL: The company will reveral its Q3 earnings today. Margins and commentary on demand will be key look-outs.

Shoppers Stop: The company posted operationally weak numbers. The margins at the company increased to 18.7 per cent. Profit, meanwhile, slipped 41.3 per cent YoY.

Metro Brands: The company posted operationally weak Q3 results. Margins at the company also came down to 31.4 per cent. The company declared a dividend of Rs. 75 per share.

Q3FY24 results to be announced

Kajaria Ceramics: The company will consider financial results for the quarter and nine months that ended December 31, 2023, in a meeting on January 31.

Utkarsh Small Finance Bank: The board will consider third-quarter financial results on January 27.

Godrej Properties: The company will consider Q3 results in a meeting on February 6.

CMS Info Systems: The board will consider Q3 FY24 results and the dividend in a meeting on January 24.

Aditya Birla Sun Life AMC: The company's board will consider Q3 results in a meeting on January 29.

Alembic Pharmaceuticals: The company will consider the financial statement for the third quarter that ended December 31 on February 5.

(With inputs from agencies.)

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