Stocks to Watch: On Tuesday, January 27, stocks of many big companies in the Indian stock market will be in the eye of investors. December quarter results, big acquisitions, changes in promoter stake and capex updates could bring movement in the market. Updates related to big companies like Axis Bank, Marico, Adani Group, UltraTech Cement and JSW Energy will be in special focus. There can be short term movement and earning opportunities in these 23 stocks today.
Private sector Axis Bank reported a net profit of ₹6,489.6 crore in the December quarter. This is better than CNBC-TV18’s estimate of ₹6,046 crore. Profit has increased by 3 percent on an annual basis. The bank’s strong core income and stable asset quality supported the results.
FMCG giant Marico, making a big bet in the premium snacking segment, has decided to buy 93.27 percent stake in Zea Maize Private Limited, owner of 4700BC brand. This deal of about ₹ 226.83 crore from PVR INOX can give a new impetus to Marico’s foods business. 4700BC is known for premium snacks like gourmet popcorn, popped chips and makhana in India.
Famous investor Rekha Jhunjhunwala has reduced her stake in Tata Group’s hotel company Indian Hotels in the December quarter. According to BSE data, he sold about 1,45,23,200 shares in the quarter, which is equivalent to about 1.02 per cent stake in the company. After this sale, his holding has reduced to 1,42,87,765 shares, i.e. about 1 percent.
Adani Group has given clarification regarding the SEC case. The company has clarified that it is not part of any SEC investigation or proceedings and no charges have been filed against them. The group reiterated that it has no direct involvement in this matter.
Adani Green has started a new 50 MW solar project in Khavda, Gujarat. With this, the total operational renewable capacity of the company has increased to 17,287.2 MW. The company is working rapidly on an aggressive plan for capacity expansion this year.
UltraTech Cement’s December quarter net profit stood at ₹1,729.4 crore. The estimate was ₹1,540 crore. Revenue stood at ₹21,830 crore, which was higher than expected. EBITDA was ₹3,915 crore and margin was around 18 percent. However, consolidated volume growth was 15 percent, which is slightly lower than expected.
JSW Energy performed well in the December quarter. Net profit increased to ₹420 crore, from ₹168 crore last year. Revenue increased by 67.4 percent to ₹4,081 crore. EBITDA was recorded at ₹2,030 crore and margin at 49.7 per cent.
BPCL’s December quarter results were better than CNBC-TV18 poll. Net profit stood at ₹7,545 crore. Whereas, the estimate was ₹6,847 crore. EBITDA stood at ₹11,677 crore and there was strength in margins and earnings on a quarterly basis as well.
Shyam Metalics’ Q3 results were mixed. Net profit was almost flat at ₹197 crore, while revenue grew 18 per cent to ₹4,421 crore. EBITDA stood at ₹487 crore and margin at 11 percent.
20 Microns saw improvement in its December quarter results. EBITDA increased to ₹277 crore and margin stood at 12.91 percent. Consolidated net profit stood at ₹150 crore, while revenue remained flat at around ₹2,150 crore.
Jayaswal Neco has signed MoU with Maharashtra government for investment of ₹12,262 crore in Davos 2026. The company will set up a 2 MTPA steel plant in the state, which is considered important for long-term growth.
Hindustan Copper has been declared the preferred bidder for the Baghwari-Khirkhori Copper Block in Madhya Pradesh. This is expected to strengthen the company’s reserves and future mining capacity.
Veteran IT firm HCLTech has decided to buy Singapore’s Finergic for SGD 19 million. This acquisition will strengthen the company’s fintech business and its hold in the Asia-Pacific market.
Pharma company Torrent Pharma has purchased an additional 2.36 percent stake in JB Chemicals. This takes the total stake to 48.75 percent. Along with this, the company’s Dahej plant has received a clean chit from the US FDA with Zero Observations.
Urban Company suffered a loss of ₹21.2 crore in Q3, compared to a profit in the same quarter last year. However, revenue has increased by 32.9 percent to ₹382.7 crore. The company has approved manufacturing partnership with Amber Enterprises.
US FDA inspection on Zydus’ Ankleshwar Unit-2 has been completed, in which the agency has given 3 Observations. The inspection was conducted between 19 and 23 January.
Nuvama Wealth’s December quarter results were flat. Net profit stood at ₹254 crore, while revenue increased by 6.7 per cent to ₹1,104 crore.
Godrej Consumer’s Q3 results were weaker than polls, but operating performance was better on an annual basis. There was improvement in EBITDA and margins, while net profit remained almost flat.
DCB Bank showed stable and better performance in the December quarter. Net profit increased by 21.8 percent to ₹184 crore. Gross NPA came down to 2.72 percent and Net NPA came down to 1.10 percent.
IndusInd Bank’s December quarter results were better than polls, but looked weak on an annual basis. Net profit fell 90 per cent to ₹128 crore, while NII also recorded a decline.
Gandhar Oil showed a spectacular surge in the third quarter. Net profit increased by 67.9 percent to ₹32.4 crore and EBITDA increased by 39.3 percent to ₹59 crore. Margin reached 5 percent.
Granules India’s December quarter results were strong. Net profit increased by 27.7 percent to ₹150.2 crore and EBITDA increased by 33.4 percent to ₹308.4 crore. Margins also improved.
Hindustan Oil Exploration
There has been a top management change in Hindustan Oil. Jagdeep Narayan Singh has been appointed Chairman and Additional Director, while Managing Director R. Jeevanandam has resigned.
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