Stocks to Watch: On Friday, February 6, investors are going to keep a special eye on many big stocks in the stock market. These stocks may see sharp movement due to triggers like quarterly results, rating action, government investigation and capacity expansion. Know which 16 stocks can provide a strong earning opportunity in Friday’s trading session.
Bharti Airtel Ltd posted a strong performance in the December quarter. This was contributed by increase in ARPU, strength in data usage and continued growth in India, Africa and digital business. Consolidated revenue grew 3.5% quarter-on-quarter to ₹53,982 crore. EBITDA rose 4% to ₹30,782 crore. Due to this the margin increased from 56.7% to 57%. However, net profit declined by 2.4% on quarterly basis to ₹6,630.5 crore.
Cipla Limited said that the Goods and Services Tax Department of Maharashtra has started inspection and search action at some units and offices of the company in the state. The investigation began at 12.30 pm on 5 February 2026 under the Maharashtra Goods and Services Tax Act, 2017, which relates to matters related to tax payment, input tax credit claims and refunds.
Fitch Ratings has upgraded Axis Bank’s Long Term Issuer Default Rating Outlook to Positive from Stable and maintained the rating at ‘BB+’. This reflects the improving operating environment for Indian banks. Along with this, Fitch increased the bank’s viability rating from ‘bb’ to ‘bb+’ citing continuous improvement in asset quality, capitalization and profitability.
JK Paper Limited on February 5 said its board has approved an investment of ₹500 crore, under which a hybrid renewable power project will be set up. The project focuses on increasing green and sustainable power output while reducing the company’s electricity costs. According to the board, this step will help in reducing dependence on fossil fuels and achieving long term cost efficiency.
Tata Motors Passenger Vehicles reported a net loss of ₹3,486 crore in the October-December quarter. This compares to a net profit of ₹5,485 crore in the same quarter last year. The main reason for this loss was several one-time expenses. However, the management is confident of growth in the next quarter.
Nykaa’s net profit increased to ₹66.3 crore on annual basis. It was ₹26 crore in the same quarter last year. Revenue increased by 26.7% to ₹2,873.3 crore. EBITDA grew by 63.3% to ₹230 crore and margin expanded to 8% from 6.2%.
Government life insurance company LIC performed strongly in the December quarter. Standalone net profit rose nearly 17% year-on-year to ₹12,958 crore, from ₹11,056 crore a year ago. Net premium income stood at ₹1.26 lakh crore in the October-December quarter, compared to ₹1.07 lakh crore in the same period last year.
Hitachi Energy performed well in the December quarter. Net profit increased by 90.3% year-on-year to ₹261.4 crore. Revenue increased by 28.5% to ₹2,082.2 crore. EBITDA increased to ₹345.3 crore and margin improved to 16.6% from 10.3%.
Infrastructure company NCC Ltd’s Q3 net profit declined 36.6% year-on-year to ₹122.5 crore. Revenue declined 9% to ₹4,868.3 crore. EBITDA stood at ₹436.3 crore, down 1% YoY. However, EBITDA margin increased from 8.3% to 9%.
UltraTech Cement has commissioned additional cement grinding capacity of 2.7 million tonnes per annum at its Aligarh unit in Uttar Pradesh, taking the total capacity of the plant to 4 MTPA. With this, the total cement capacity of the company in Uttar Pradesh has reached 13.1 MTPA.
Unichem Laboratories reported a net profit of ₹264.3 crore in the third quarter, up from ₹58 crore in the same quarter last year. That means an increase of about 5 times. However, revenue declined 2.2% year-on-year to ₹521.2 crore. EBITDA fell 47.4% to ₹45 crore and EBITDA margin declined from 16% to 8.6%.
Net profit of government defense company Mazagon Dock increased by 9% year-on-year to ₹879.8 crore. Revenue increased by 14.6% to ₹3,601 crore. EBITDA rose 8.5% to ₹887 crore, while margins declined to 24.6% from 26%.
The December quarter results of government company Rail Vikas Nigam were weak on an annual basis. Revenue grew 2.6% to ₹4,684 crore, but EBITDA declined 8% to ₹220.8 crore. EBITDA margin also declined by 50 basis points to 4.7% from 5.2% in the same quarter last year.
Eveready Industries’ net profit declined 42.3% year-on-year to ₹7.5 crore, while revenue increased 10% to ₹367.2 crore. The battery business showed strength as its revenue jumped 62% to ₹252.1 crore. According to the company, demand remained stable in urban, rural and mobility related segments.
The company reported a net loss of ₹152.2 crore in Q3, compared to ₹51.3 crore in the same quarter last year. Revenue increased by 7.9% to ₹2,373.6 crore. EBITDA rose 2.4% to ₹308.6 crore, but margins declined to 13% from 13.7%.
VRL Logistics Ltd reported a net profit of ₹64.75 crore in the third quarter, a growth of 9% year-on-year. The company’s total income, however, remained flat at ₹831 crore in Q3 FY26 as contract re-structuring and voluntary exits from low-margin businesses impacted volumes.
Market Outlook: Sensex- Nifty closed with a fall, know how their movement could be on 6 February
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