Indian stock markets opened on a subdued note today, January 30, 2025, as the Sensex and Nifty indices traded flat. While some sectors like metals and banks showed signs of strength, losses in Tata Motors and a decline in IT stocks kept the overall market sentiment in check, preventing any significant gains.

Meanwhile, get ready for a pivotal week on Wall Street! Several major companies have dropped significant announcements that could send their stocks soaring or plummeting. As investors gear up for a busy trading week, here are 7 top stocks to keep a close eye on - their performance could be about to take a dramatic turn, based on these developments:

1. Mahindra EPC

Mahindra EPC has won contracts to supply Micro Irrigation Systems covering approximately 40 acres as part of a community micro-irrigation project. The project is valued at Rs.1.73 crore and is expected to be completed within six months.

2. Infosys

Infosys has expanded its collaboration with Siemens AG to support its digital learning initiatives using generative AI. The partnership aims to provide over 2,50,000 Siemens employees worldwide with upskilling opportunities. Siemens’ My Learning World platform will integrate Infosys Topaz (an AI-first offering) and Infosys Wingspan (an AI-powered enterprise learning platform) to enhance learning experiences.

3. Garden Reach Shipbuilders

The company has signed a non-binding MoU with Apollo Micro System to develop advanced defense weapons and electronic systems. This strategic collaboration is expected to drive innovation in next-gen defense technology.

4. Afcons Infra

Afcons Infrastructure has secured a Letter of Award (LOA) from Hindustan Gateway Container Terminal Kandla Pvt Ltd, a part of DP World. The project involves designing and constructing the Marine Package for the Container Terminal at Tuna Tekra, India, under the EPC mode. The contract is valued at Rs.1,283 crore, with a completion deadline of 29 months.

5. Sona Comstar

Sona Comstar has signed an MoU with Ubifly Technologies Pvt Ltd (The ePlane Co.) in Chennai. The partnership will focus on developing powertrains for electric vertical take-off and landing (eVTOL) aircraft and drones. They plan to collaborate on gearboxes, motors, inverters, and other related components.

6. Hazoor Multi Projects Ltd (HMPL)

HMPL’s board has approved a plan to raise Rs.383.78 crore through convertible warrants. The funds will be used to expand its new business segment and enhance financial resources. The decision was disclosed in a regulatory filing on Wednesday.

7. IFCI

IFCI has received board approval for a Rs.500 crore capital infusion through a preferential issue of shares to the Government of India. The company will issue 8,07,23,280 shares, and the approval is subject to an extraordinary general meeting on February 28.