The Indian equity market has shown a mixed performance so far in January, grappling with concerns over a potential slowdown in Q3 earnings and sustained foreign outflows. Amid this backdrop, brokerage firm Ashika Research has identified three promising stocks for January based on technical trends and strong fundamental outlooks. These selections span sectors such as logistics, healthcare, and industrial lubricants. Here’s a look at the stock picks:
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires