🇮🇳 India Daybook ~ Stocks in News**

**

Positive Buzz

• Nestlé India: The Supreme Court has dismissed a long-standing tax demand of ₹101 crore against the company, providing a significant legal reprieve.
• Apollo Hospitals: The company has received approval from the Competition Commission of India (CCI) to acquire a 30.58% stake in its subsidiary, Apollo Health, for ₹1,254 crore.
• Hindustan Petroleum (HPCL): Reported a 6.3% sequential growth in consolidated net profit to ₹4,072 crore for Q3 FY26, with revenue climbing 14.2% to ₹1.15 lakh crore.
• SRF Ltd: The chemical conglomerate posted a robust 59.6% year-on-year increase in consolidated net profit to ₹432.66 crore and declared an interim dividend of ₹5 per share.
• Tata Communications: Net profit surged by 55% year-on-year to ₹364 crore for the third quarter, while revenue grew by 7%.
• Waaree Energies: The company’s profit more than doubled in Q3 FY26, reflecting strong demand in the renewable energy sector.
• Oracle Financial Services: Reported an 11.6% quarter-on-quarter increase in net profit to ₹610 crore, with margins remaining healthy at 40.9%.
• Anant Raj: The real estate firm saw a 30.8% rise in net profit to ₹144 crore, supported by a 20% increase in revenue.
• Corona Remedies: Received the EAEU-GMP certificate for its Gujarat unit, unlocking access to a pharmaceutical market estimated at $25 billion across the Eurasian Economic Union.
• Premier Explosives: Secured a fresh order worth ₹17.7 crore for the supply of rocket motors.
• Senco Gold: Announced the acquisition of a 68% stake in Melorra (August Jewellery) for ₹68 crore to expand its digital and lightweight jewellery footprint.

Neutral Developments

• Eternal (Zomato): The company has revamped its leadership, appointing Albinder Singh Dhindsa as CEO effective February 1, while founder Deepinder Goyal moves to the role of Vice Chairman.
• Larsen & Toubro (L&T): Completed the acquisition of its partner's stake in L&T Sapura Shipping, making it a wholly-owned subsidiary.
• Indo Count Industries: Commenced a new manufacturing facility for pillows in the US to enhance its international manufacturing footprint.
• 5paisa Capital: The board has approved a fundraise of up to ₹500 crore through equity or other financial instruments.
• Chalet Hotels: HDFC Mutual Fund increased its stake in the company to 7.05% following a fresh acquisition of 2.06% equity.
• D.B. Corp: Shares will trade ex-dividend today for an interim dividend of ₹2 per share.
• United Van Der Horst: The stock will undergo a split today, with the face value reducing from ₹5 to ₹1.

Negative News

• InterGlobe Aviation (IndiGo): While revenue is expected to grow by 7%, analysts estimate an 18% decline in net profit for the third quarter due to margin pressures and higher operational costs.
• Yes Bank: Tushar Patankar has resigned from his position as the Chief Risk Officer of the bank.
• Tech Mahindra: Its step-down subsidiary, Comviva Technologies Madagascar, has been voluntarily liquidated as part of corporate restructuring.
• Tata Steel: The High Court has extended interim protection regarding a ₹4,300 crore tax demand only until January 29, keeping the legal overhang alive for the near term.

TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex

Tags: ** Stocks in News Stock Market Buzzing Stocks Nifty Sensex