Top market news today - 21st January 2025

Top gainer: Apollo Hospitals 6,979 ▲ 198 (+2.92%)
Top loser: Trent 5,804 ▼ 285 (-4.69%)

:star: Shares of Dixon Technologies tanked as much as 13.89% to ₹15,120 apiece on the NSE
Shares of Dixon Technologies, the leading company that manufactures electronic products and provides electronic manufacturing services (EMS), tanked as much as 13.89% to ₹15,120 apiece on the NSE on Tuesday, January 21, a day after the company released its financial results for the quarter ended December 31, 2024 (Q3 FY25). The company, as per its earnings release, reported a revenue of ₹10,461 crore during the quarter under review, up 117% year-on-year (YoY). Its profit after tax (PAT) stood at ₹217 crore, up 124% YoY, while PAT margin grew 10 bps to 2.1%.

:star: Shares of Zomato saw relentless selling after the company released its December quarter (Q3 FY25) results
Shares of Zomato, the leading restaurant aggregator and food delivery company, saw relentless selling on Tuesday, January 21, a day after the company released its December quarter (Q3 FY25) results. The stock price slipped up to 13.3% lower at ₹207.80 on the NSE. Zomato, which owns Blinkit, on Monday reported a 57.2% decline in consolidated net profit to ₹59 crore for the third quarter ended December.

:star: Shares of Newgen Software Technologies tanked as much as 17.3% to ₹1,294 apiece on the NSE
Shares of Newgen Software Technologies, one of the leading providers of a unified digital transformation platform with native process automation, content services, and communication management capabilities, tanked as much as 17.3% to ₹1,294 apiece on the NSE on Tuesday, January 21. The company reported its December quarter (Q3 FY25) results on Monday. The technology firm posted a 30.8% year-on-year increase in consolidated net profit to ₹89 crore for the December quarter. The Noida-headquartered firm reported a profit of ₹68 crore in the year-ago period, according to a regulatory filing.