🇮🇳 India Daybook ~ Stocks in News
Published: 2026-01-23 08:15 IST | Category: Markets | Author: Abhi
Positive Buzz
- Bajaj Consumer Care: The stock is in focus after reporting a massive 83.2% YoY jump in net profit to ₹46.4 crore for Q3FY26, with revenue growing 32.7% to ₹306.1 crore.
- Adani Energy Solutions (AESL): The company delivered a strong performance with adjusted PAT rising 30.4% YoY to ₹574 crore. Moody’s has also revised the outlook for its subsidiaries to 'Stable' from 'Negative'.
- Jindal Stainless: Reported a robust 26.7% YoY increase in consolidated net profit to ₹830 crore. The board has also announced an interim dividend of ₹1.00 per share.
- Eternal (formerly Zomato): Shares are buzzing following a 72.88% surge in consolidated net profit to ₹102 crore for the December quarter, alongside the appointment of Albinder Singh Dhindsa as the new CEO.
- Gokaldas Exports & HUL: Noted as top stock picks by analysts for the day following positive technical setups and defensive positioning.
Neutral Developments
- Q3 Earnings Today: A total of 54 companies will announce results today, including IndusInd Bank, JSW Steel, Cipla, Adani Green Energy, Godrej Consumer Products, Shriram Finance, and MCX.
- Hindustan Zinc: The board is meeting today, January 23, to consider and evaluate proposals for raising funds through the issuance of non-convertible debentures (NCDs).
- Ex-Dividend Watch: Several stocks will trade ex-dividend today, including Havells India (Interim), DCM Shriram (Interim), Central Bank of India (₹2), and Suraj Ltd (₹1.5).
- Mphasis: Reported a modest 3.4% YoY growth in consolidated profit at ₹442.2 crore, while revenue saw a healthy 12.4% increase.
Negative News
- Shoppers Stop: Shares are under pressure after the retailer reported a sharp 69.13% YoY decline in consolidated net profit to ₹16.12 crore for the December quarter.
- SRF Ltd: The company’s Q3 revenue of ₹3,713 crore missed street estimates due to significant pricing pressure in the specialty chemicals segment from Chinese competitors.
- Wipro: Investor sentiment remains cautious as the IT major reported a 6.5% YoY decline in net profit and flagged a subdued outlook for the upcoming quarter.
- IIFL Finance: Despite reporting strong profit growth, the stock faced a massive sell-off yesterday after the Income Tax Department initiated a communication for a special audit under Section 142(2A).
- ITC: Continued selling pressure is expected as the market factors in the government's recent excise duty hike on cigarettes effective from February 1.
TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex
Tags: Stocks in News Stock Market Buzzing Stocks Nifty Sensex