Indian markets prepare for a dynamic Monday session as several heavyweights grab investor attention following significant weekend corporate announcements. Avenue Supermarts (DMart) leads with robust Q3 footfall growth of 12-15% despite festive slowdown concerns, driven by 28% private label penetration and inventory optimization to 45 days. Management’s store expansion plans for 50 new outlets in FY26 signal retail recovery, with analysts targeting ₹5,200 amid urban consumption revival.
Vedanta
Vedanta’s board approval for subsidiary mergers across zinc, aluminium, and oil & gas divisions accelerates debt restructuring targeting ₹50,000 crore reduction through asset monetization. Promoters infused ₹8,200 crore while LIC tendered 2.5% stake, positioning the mining giant for potential delisting. Zinc International output surged 18% YoY with EBITDA guidance at ₹10,500 crore; UBS sees 35% upside to ₹580 as bondholder meetings loom January 20.
PTC Industries
PTC Industries emerges as defence sector star with a ₹5,000 crore order book reflecting 4x revenue visibility. European OEM aerospace contracts worth ₹1,800 crore boost export mix to 40%, complemented by Tejas Mk1A engine components and Boeing 737 MAX outsourcing. Capacity utilization hits 85% with ₹750 crore precision forging CAPEX; Motilal Oswal initiates BUY at ₹18,500 target, implying 45% upside from indigenization tailwinds.
Tejas Networks
Tejas Networks secures BSNL 4G/5G rural rollout contracts worth ₹2,000 crore, deploying 100,000+ BTS with 35% cost arbitrage over global peers. FY26 revenue guidance upgrades to ₹6,500 crore as gross margins target 42%. Phase-III BSNL orders (₹1,200 Cr) and private 5G pipeline (₹1,000 Cr) enhance visibility; ICICI Direct projects ₹1,500 target with 55% appreciation potential.
Broader market context shows Nifty testing 24,450-24,550 range with support at 24,200 (20DEMA) and resistance near 24,600 weekly highs. FII selling eased to ₹2,300 crore last week while DIIs absorbed ₹4,800 crore; rupee holds steady at 85.60/USD. Bank Nifty pivots at 52,000 amid sector rotation favoring defence, metals, and retail over consolidating IT and rebounding pharma.
Trading strategies emphasize strict risk management: DMart offers buy-on-dips at ₹4,800 (target ₹5,200, SL ₹4,650); Vedanta breakout above ₹480 eyes ₹540 (SL ₹460); PTC entry at ₹14,500 targets ₹18,500 (SL ₹13,800); Tejas above ₹1,180 aims for ₹1,450 (SL ₹1,120). Q3 earnings from Bajaj Finance, Maruti, Zomato Tuesday add volatility alongside global Fed minutes and China GDP data. India VIX at 13.2 suggests upside room, but geopolitical flares and crude above $78 warrant caution.
