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Stock Price to Watch on Jan 23, 2024: Zomato, Adani, and more

Swathi Kashettar

Ten stock prices to watch on Jan 23, 2024

As of January 23, 2024, the stock market outlook suggests a mix of factors that could influence stock prices. The S&P 500 closed 2023 on a high note, gaining over 4% in December and finishing the year up more than 26% based on total return, nearing new all-time highs. Investors are considering various themes, such as the potential for aggressive rate cuts, sticky inflation, and a potential recession in 2024, which may impact stock prices.

1. Ambuja Cements is a leading company in the cement industry, with a focus on sustainability, innovation and customer satisfaction. Learn about its news, achievements, financial results, ESG rating and more on its official website.

Stock price: 527.55 INR

2. Bharti Airtel is India's leading telecom provider offering a range of services and solutions for individuals and businesses. Explore plans for prepaid, postpaid, broadband, DTH, fiber, bank and business with special benefits and discounts.

Stock price: 1156.85 INR

3. Zomato is an Indian multinational restaurant aggregator and food delivery company. It was founded by Deepinder Goyal and Pankaj Chaddah in 2008. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands.

Stock price: 135.00 INR

4. Kiri Industries Limited (KIL) is one of the largest manufacturer and exporter of wide range of Dyes, Intermediates and Chemicals from India. KIL, a fully integrated Dyes and Chemicals company is a winner of several CHEMEXCIL and GDMA performance awards.

Stock price: 394.80 INR

5. Meghmani Organics Ltd is a leading chemical company with 35+ years of experience in the industry and a wide range of products and services. It is the 3rd largest phthalocyanine pigment manufacturer globally and has a strong global distribution network and corporate social responsibility.

Stock price: 84.35 INR

6. Torrent Pharmaceuticals Ltd is an Indian multinational pharmaceutical company, owned by the Rs 37,000 crore Torrent Group and headquartered in Ahmedabad. It offers a wide range of products in various therapeutic areas, such as cardiovascular, central nervous system, gastro-intestinal, women healthcare and more.

Stock price: 2,500.00 INR

7. Union Bank of India, commonly referred to as Union Bank or UBI, is an Indian public sector bank headquartered in Mumbai. It has 120+ million customers and a total business of US$106 billion. It offers a range of online banking and digital services for personal and business customers, such as loans, cards, deposits, payments, taxes, and more.

Stock Price: 139.90 INR

8. Coal India Limited (CIL) is an Indian central public sector undertaking under the ownership of the Ministry of Coal, Government of India. It is headquartered at Kolkata. It is the largest government-owned-coal-producer in the world. It is also the ninth largest employer in India with nearly 272,000 employees.

Stock Price: 384.45 INR

9. Adani Enterprises Ltd (AEL) is a part of Adani Group, a conglomerate that operates in various sectors such as transport, logistics, utility, natural resources, solar, manufacturing and defence. AEL incubates and lists new businesses, such as Adani Wilmar, Adani Bunkering, Adani Vidya Mandir and Adani Defence, and supports India's growth and development.

Stock Price: 2930.90 INR

10. Finolex Cables Limited is an Indian manufacturer of electrical and telecommunication cables based in Pune, Maharashtra. It is the flagship company of the Finolex Group, established in 1958. The company also manufactures polyvinyl chloride (PVC) sheets for roofing, signage and interiors.

Stock Price: 1079.95 INR

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