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Vedanta to Sell 1.59% Stake in Hindustan Zinc via Offer for Sale
Vedanta Limited has approved the divestment of up to 6,70,00,000 equity shares in its subsidiary, Hindustan Zinc Limited (HZL). This transaction represents a 1.59% stake in HZL and will be conducted through the Offer for Sale (OFS) mechanism. The sale is a strategic move by Vedanta, likely intended to generate liquidity for debt repayment or other corporate purposes. Investors should track the floor price of the OFS and the subsequent impact on Vedanta's consolidated debt-to-equity ratio.
Key Highlights
Divestment of 6.7 crore equity shares of Hindustan Zinc Limited (HZL)
Stake sale constitutes 1.59% of HZL's total paid-up equity capital
Execution via the stock exchange Offer for Sale (OFS) mechanism
Board committee approval granted on January 27, 2026
๐ผ Action for Investors
Monitor the OFS floor price and the impact on Vedanta's cash reserves for debt servicing. HZL shareholders should prepare for potential short-term price pressure due to the increased supply of equity.
PNB Q3 FY26: Net Profit up 13.1% to โน5,100 Cr; GNPA drops to 3.19% with 97% PCR
Punjab National Bank reported a steady Q3 FY26 with a net profit of โน5,100 crore, marking a 13.13% YoY growth. Asset quality showed significant improvement as Gross NPA fell to 3.19% and Net NPA reached 0.32%, supported by a high Provision Coverage Ratio of 96.99%. While Net Interest Margins (NIM) saw a slight dip due to rate cuts and deposit dynamics, the bank maintained a healthy credit growth of 10.9% YoY. Management's focus on digital transformation and a prudent floating provision of โน955 crore for ECL transition strengthens the long-term balance sheet.
Key Highlights
Net Profit grew 13.13% YoY to โน5,100 crore, while Operating Profit rose 13% to โน7,481 crore.
Asset quality improved significantly with GNPA at 3.19% and NNPA at 0.32%, supported by a robust PCR of 96.99%.
Global advances increased by 10.9% YoY to โน12.31 trillion, with the CD ratio rising to 74.2%.
Bank made additional floating provisions of โน955 crore in Q3 to prepare for future ECL implementation, bringing total floating provisions to โน1,775 crore.
Capital Adequacy Ratio (CRAR) remains strong at 16.77% with CET1 at 12.52%, well above regulatory requirements.
๐ผ Action for Investors
Investors should find confidence in the bank's consistent asset quality improvement and proactive provisioning for future regulatory changes. The stock remains a strong contender in the PSU banking space, though monitoring NIM stability in a potential rate-cut cycle is advised.
Power Grid to Host Analyst Meet on Feb 2, 2026, for Q3 FY26 Results Discussion
Power Grid Corporation of India Limited has scheduled an Analysts and Institutional Investors Meet on February 2, 2026, in Mumbai. The meeting is intended to discuss the company's financial performance for the third quarter and nine months ending December 31, 2025. Senior management, including the Chairman & Managing Director and the CFO, will provide insights into the business outlook and interact with participants. This follows the official declaration of the un-audited financial results for the FY 2025-26 period.
Key Highlights
Meeting scheduled for Monday, February 2, 2026, at 12:00 Noon in Mumbai.
Discussion will cover financial results for Q3 and the nine-month period ended December 31, 2025.
Management participants include CMD Dr. R.K. Tyagi and CFO Shri G. Ravisankar.
The session will focus on the company's business outlook and future growth strategies.
Event coordination is being handled by ICICI Securities.
๐ผ Action for Investors
Investors should look out for the management commentary post-meeting regarding capital expenditure targets and new project wins. No immediate action is required as this is a routine notification of a scheduled event.
CONCOR Submits SEBI Compliance Certificate for Q3 Ended December 2025
Container Corporation of India Limited (CONCOR) has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The document confirms that all share certificates received for dematerialization during the quarter ended December 31, 2025, were processed within the mandatory 15-day period. The Registrar and Share Transfer Agent, Beetal Financial & Computer Services, verified that the securities are listed on the stock exchanges and the register of members has been updated accordingly. This is a standard administrative filing ensuring regulatory adherence regarding shareholding records.
Key Highlights
Compliance certificate issued for the quarter ended December 31, 2025.
Confirmation that dematerialization requests were processed and confirmed to depositories within 15 days.
Verification that security certificates were mutilated and cancelled after due verification.
Confirmation that the name of depositories has been substituted in the register of members as the registered owner.
๐ผ Action for Investors
No action is required as this is a routine regulatory filing. Investors should continue to monitor the company's operational performance and upcoming quarterly financial results.
Elecon Engineering Schedules Group Plant Visit for Investors on January 30, 2026
Elecon Engineering Company Limited has announced a group plant visit for analysts and institutional investors scheduled for January 30, 2026, starting at 10:00 a.m. IST. The company stated that discussions will be restricted to publicly available information and no formal presentation will be delivered during the session. This interaction is part of the company's regular investor relations activities under SEBI Regulation 30. No unpublished price sensitive information (UPSI) is expected to be disclosed during this visit.
Key Highlights
Group plant visit for Analysts and Institutional Investors scheduled for January 30, 2026
Interaction to commence from 10:00 a.m. IST onwards at the company's premises
Discussions will be based solely on publicly available information with no new presentations
Company confirms that no unpublished price sensitive information (UPSI) will be shared
Compliance filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
๐ผ Action for Investors
This is a routine regulatory filing for an investor interaction; no immediate action is required. Investors may look for subsequent analyst reports that might offer qualitative insights into the company's manufacturing capabilities.
Jai Corp Limited Dissolves Non-Material Subsidiary Jaicorp Welfare Limited
Jai Corp Limited has announced the official dissolution of its wholly-owned subsidiary, Jaicorp Welfare Limited, effective January 27, 2026. The subsidiary was previously identified as a non-material, un-listed entity that was not conducting any economic activity. This final strike-off follows the Board's approval for liquidation granted on November 22, 2025. The move is part of a routine corporate cleanup to eliminate inactive entities from the group structure.
Key Highlights
Jaicorp Welfare Limited officially struck off and dissolved by the MCA on January 27, 2026.
The entity was a wholly-owned, non-material subsidiary of Jai Corp Limited.
Liquidation process was initiated due to the subsidiary having no active economic operations.
Initial Board approval for the closure was communicated on November 22, 2025.
๐ผ Action for Investors
This is a routine administrative matter with no impact on the company's financial performance or operations. Investors should treat this as a neutral development.
Coromandel International to Hold Q3FY26 Earnings Call on January 30, 2026
Coromandel International Limited has scheduled a conference call for Friday, January 30, 2026, at 3:00 PM IST to discuss its financial results for the quarter ended December 31, 2025. The call, hosted by IIFL Capital, will feature the Managing Director & CEO, Mr. Sankarasubramanian S, and CFO, Mr. Deepak Natarajan. Management will provide insights into the company's business strategy and future outlook following the Q3FY26 results declaration. Audio recordings and transcripts will be made available on the company's website post-meeting.
Key Highlights
Conference call scheduled for January 30, 2026, at 3:00 PM IST to discuss Q3FY26 results.
Management participants include MD & CEO Sankarasubramanian S and CFO Deepak Natarajan.
The call is organized and hosted by IIFL Capital with international dial-in options for USA, UK, Singapore, and HK.
Discussion will cover financial performance for the period ending December 31, 2025, and business strategy.
๐ผ Action for Investors
Investors should attend the call or review the subsequent transcript to understand management's guidance on fertilizer demand and raw material pricing. Key focus areas should be the impact of the rabi season and the company's expansion plans in the specialty chemicals segment.
UNO Minda Schedules Q3 & 9MFY26 Earnings Call for February 5, 2026
UNO Minda Limited has announced its earnings conference call scheduled for February 5, 2026, at 3:30 PM IST. The call will focus on the company's operational and financial performance for the third quarter and the nine-month period ending FY26. Key management personnel, including Group CFO Sunil Bohra, will be present to interact with analysts and investors. This is a routine but essential event for stakeholders to understand the company's growth trajectory and margin profile.
Key Highlights
Earnings call scheduled for Thursday, February 5, 2026, at 3:30 PM IST
Management to discuss Q3 and 9MFY26 financial and operational performance
Key participants include Group CFO Sunil Bohra and Head of Corporate Finance Ankur Modi
Universal dial-in numbers and international toll-free numbers for USA, UK, Singapore, and HK provided
๐ผ Action for Investors
Investors should track the earnings call for management commentary on the order book, EV segment growth, and margin outlook. It is advisable to review the Q3 results which will be released prior to or on the day of the call.
Aarti Industries to Host Q3 FY26 Earnings Conference Call on February 3, 2026
Aarti Industries has scheduled its Q3 FY26 earnings conference call for Tuesday, February 3, 2026, at 12:00 PM IST. The financial results for the quarter and nine months ended December 31, 2025, are slated to be declared on Monday, February 2, 2026. The call will feature a management discussion led by ED & CEO Suyog Kotecha and CFO Chetan Gandhi. This event is crucial for investors to understand the company's performance in the specialty chemicals sector and its outlook for the remainder of the fiscal year.
Key Highlights
Earnings conference call scheduled for February 3, 2026, at 12:00 PM IST
Financial results for Q3 FY26 and 9M FY26 to be declared on February 2, 2026
Management representation includes ED & CEO Suyog Kotecha and CFO Chetan Gandhi
Company holds a top 4 global ranking for 75% of its product portfolio
๐ผ Action for Investors
Investors should monitor the results on February 2 for margin performance and then attend the call for management commentary on demand recovery and capital expenditure plans.
MTAR Technologies Announces Venue Change for Board Meeting on January 29, 2026
MTAR Technologies Limited has issued a revised intimation regarding its upcoming Board Meeting scheduled for January 29, 2026. The meeting, which is set to commence at 4:00 p.m., will now take place at the company's registered office in Hyderabad instead of the previously planned location. All other details and the agenda of the meeting remain unchanged from the original announcement made on January 22, 2026. This update is purely administrative and does not affect the company's business operations or financial standing.
Key Highlights
Board Meeting scheduled for January 29, 2026, at 4:00 p.m. remains on track.
Venue shifted to the Registered Office at Technocrats Industrial Estate, Balanagar, Hyderabad.
The announcement follows the initial intimation provided to exchanges on January 22, 2026.
All other terms and details of the scheduled meeting remain unchanged.
๐ผ Action for Investors
No action is required as this is a routine administrative update regarding meeting logistics. Investors should monitor the exchange filings after the meeting for any material outcomes.
PDS Limited to Acquire Remaining 15% Stake in Four Global Subsidiaries for โน2.80 Crore
PDS Limited is consolidating its global footprint by acquiring the remaining 15% stake in four existing apparel trading subsidiaries across Hong Kong, UAE, and the UK. The total cash consideration for this transaction is approximately USD 308,174 (โน2.80 Cr), making these entities wholly-owned step-down subsidiaries. This move is designed to simplify the shareholding structure and provide the management with full control to execute turnaround initiatives for these units. While the combined turnover of these entities is significant at approximately โน341 Cr, several units reported losses in FY25.
Key Highlights
Acquisition of 15% minority stake in four subsidiaries located in Hong Kong, UAE, and the UK.
Total cash consideration of approximately โน2.80 Cr (USD 308,174) to be paid in cash.
Target entities had a combined turnover of โน341.06 Cr in FY25, though three out of four reported net losses.
Post-acquisition, all four entities will become 100% wholly-owned step-down subsidiaries of PDS Limited.
Strategic objective is to simplify corporate structure and accelerate operational turnaround of these trading units.
๐ผ Action for Investors
The acquisition is a positive step towards corporate simplification and gaining full control over global operations. Investors should monitor the impact of turnaround strategies on the profitability of these specific international units in future quarters.
Axis Bank Re-appoints Subrat Mohanty as ED for 3 Years; Names Sudipto Nag as Chief Credit Officer
Axis Bank's Board has approved the re-appointment of Subrat Mohanty as Executive Director for a three-year term starting August 17, 2026, subject to RBI approval. The bank also announced a leadership transition in its credit department, with Sudipto Nag appointed as the Chief Credit Officer effective July 1, 2026. This follows the retirement of the current CCO, Prashant Joshi, on June 30, 2026. Both Mohanty and Nag bring over 24 years of extensive experience in financial services and operations to their respective roles.
Key Highlights
Subrat Mohanty re-appointed as Executive Director for a 3-year term from August 17, 2026, to August 16, 2029.
Sudipto Nag to succeed Prashant Joshi as Chief Credit Officer starting July 1, 2026.
Subrat Mohanty manages critical functions including IT, Digital Banking, and Subsidiary Governance.
Incoming CCO Sudipto Nag has 24 years of experience and currently leads the Retail Portfolio Management Group.
The leadership changes are part of planned succession and retirement cycles within the bank.
๐ผ Action for Investors
These management changes represent routine succession planning and leadership continuity. Investors should monitor if there are any shifts in credit risk appetite under the new CCO, though no immediate impact on stock performance is expected.
APL Apollo Upgrades EBITDA Guidance to โน5,500/Ton; Targets 8MT Capacity by FY28
APL Apollo Tubes reported a strong 3QFY26 performance, achieving 9-month volume growth of 11% YoY and EBITDA per ton exceeding โน5,000. Management has upgraded its sales volume growth guidance to 20% for 4QFY26 and FY27, alongside an increased EBITDA target of โน5,500 per ton. The company is aggressively expanding capacity from 5 million to 8 million tons by FY28 with a โน1,500 crore investment funded through internal accruals. With a cash surplus of โน5.6 billion, the firm is on track to become liability-free while targeting a 40% ROCE.
Key Highlights
Upgraded EBITDA guidance to โน5,500 per ton for 4QFY26 and FY27, driven by premiumization and cost controls.
Capacity expansion to 8 million tons by FY28 via 4 greenfield and 1 brownfield project costing โน1,500 crores.
Achieved 90% utilization in December 2025 with monthly sales hitting 375,000 tons.
Long-term vision to reach 10 million tons capacity by 2030, including 2 million tons in super-specialty segments.
Strong financial position with โน5.6 billion surplus cash and current ROCE of 33%.
๐ผ Action for Investors
Investors should note the significant upgrade in EBITDA guidance and aggressive volume targets which signal strong pricing power. The company's transition to a liability-free balance sheet and expansion into high-margin specialty segments like EV and aerospace provides a positive long-term outlook.
RKFORGE Q3 Standalone PAT at โน13.12 Cr; Revenue Dips 2.9% YoY to โน939.51 Cr
Ramkrishna Forgings Limited reported a standalone revenue of โน939.51 crore for the quarter ended December 31, 2025, a 2.9% decrease from โน967.56 crore in the corresponding quarter of the previous year. Net profit (PAT) stood at โน13.12 crore, down from โน15.26 crore YoY, primarily due to an exceptional loss of โน9.41 crore. The results include restated figures for the previous year following the merger of ACIL Limited and adjustments for inventory discrepancies identified in a fact-finding study. Profit Before Tax (PBT) showed a slight increase to โน18.12 crore from โน17.37 crore YoY.
Key Highlights
Revenue from operations fell 2.9% YoY to โน939.51 crore in Q3 FY26.
Standalone PAT decreased to โน13.12 crore from โน15.26 crore in the year-ago period.
Exceptional loss of โน9.41 crore recorded during the quarter ended December 31, 2025.
Finance costs rose to โน42.19 crore, up from โน37.30 crore in Q3 FY25.
Company restated FY25 figures to account for the ACIL merger and inventory discrepancies in Work-in-Progress.
๐ผ Action for Investors
The stock may see neutral movement as the market digests the impact of the ACIL merger and historical inventory adjustments. Investors should focus on the company's ability to manage rising finance costs and operational efficiency in upcoming quarters.
Marico Q3 FY26: Revenue Jumps 27% YoY; Domestic Volumes Grow 8% Amid Margin Pressure
Marico reported a strong 27% YoY revenue growth to โน3,537 crore in Q3 FY26, driven by 8% domestic volume growth and 21% constant currency growth in international markets. While recurring PAT grew 12% to โน447 crore, EBITDA margins contracted by 234 bps to 16.7% due to a sharp 84% YoY increase in Copra prices. The Foods segment showed exceptional performance with 50% value growth, and the company is scaling its digital-first brands toward a โน1,000 crore ARR. Management remains optimistic about rural demand recovery and the impact of GST rationalization on consumption.
Key Highlights
Consolidated Revenue grew 27% YoY to โน3,537 crore, with India business revenue up 28% YoY.
Domestic volume growth stood at 8%, while International business recorded 21% constant currency growth.
EBITDA margins compressed by 234 bps to 16.7% primarily due to high input costs, with Copra prices up 84% YoY.
Foods business grew 50% YoY, on track to reach 8x of FY20 scale by FY27.
Digital-first brands like Beardo and Plix are expected to exit FY26 with an ARR of over โน1,000 crore.
๐ผ Action for Investors
Investors should monitor the company's ability to pass on raw material inflation through pricing while maintaining the current volume growth momentum. The rapid scaling of the Foods and Digital-first portfolios provides a strong long-term diversification and margin-accretion narrative.
HDFC Life to Meet Investors at PL Capital Financial Tour on Jan 30, 2026
HDFC Life Insurance Company Limited has scheduled an interaction with institutional investors and analysts for January 30, 2026. The senior management will be participating in the PL Capital Financial Tour held in Mumbai. This is a routine disclosure under SEBI Regulation 30 to maintain transparency with the investor community. No price-sensitive information is expected to be shared beyond what is in the existing public investor presentation.
Key Highlights
Senior management interaction scheduled for January 30, 2026
Participation in the PL Capital Financial Tour group event in Mumbai
Disclosure made under Regulation 30 of SEBI (LODR) Regulations, 2015
Investor presentation already available on the company's official website
๐ผ Action for Investors
No immediate action is required as this is a routine investor meet. Investors may review the existing investor presentation on the company's website for current strategic outlook.
Omax Autos Appoints T S A Business Advisors as Internal Auditor for Q4 FY26
Omax Autos Limited has appointed M/S T S A Business Advisors Private Limited as the company's Internal Auditor for the fourth quarter of FY 2025-26. The appointment was approved during a board meeting on January 27, 2026, following recommendations from the Audit Committee. The firm, originally established in 2012, brings expertise in tax advisory, internal audits, and strategic financial services. Concurrently, the board also approved the unaudited financial results for the quarter and nine months ended December 31, 2025.
Key Highlights
Appointment of M/S T S A Business Advisors Private Limited as Internal Auditor effective January 27, 2026.
The auditor is appointed specifically for the 4th quarter of the financial year 2025-26.
Board approved unaudited financial results for Q3 and the nine-month period ending December 31, 2025.
T S A Business Advisors is a professional firm established in 2012 with a focus on compliance and strategic services.
๐ผ Action for Investors
This is a routine governance update regarding internal controls. Investors should focus more on the Q3 FY26 financial results released in the same board meeting to assess the company's performance.
Ramkrishna Forgings Q3 FY26 PAT Plummets 91% YoY to โน13.1 Cr; Revenue Dips to โน939.6 Cr
Ramkrishna Forgings reported a sharp decline in profitability for the quarter ended December 31, 2025, with Net Profit falling to โน13.12 crore from a restated โน152.57 crore in the previous year. Revenue from operations also contracted slightly to โน939.60 crore compared to โน967.56 crore YoY. The bottom line was significantly impacted by an exceptional loss of โน9.41 crore and high operational expenses. Furthermore, the company continues to manage the fallout from inventory discrepancies identified in April 2025, which necessitated the restatement of prior-year figures.
Key Highlights
Net Profit (PAT) crashed by 91.4% YoY to โน13.12 crore in Q3 FY26.
Revenue from operations declined 2.9% YoY to โน939.60 crore from โน967.56 crore.
Reported an exceptional loss of โน9.41 crore during the quarter ended December 2025.
Finance costs remained elevated at โน42.19 crore compared to โน37.30 crore in the year-ago period.
Inventory discrepancies in Work-in-Progress (WIP) led to a restatement of Q3 FY25 comparative figures.
๐ผ Action for Investors
Investors should exercise caution due to the significant margin compression and the lingering impact of inventory accounting issues. It is advisable to wait for management's guidance on volume growth and debt reduction before making new commitments.
Marico Q3 FY26: Revenue Surges 27% to โน3,537 Cr; Domestic Volume Growth Hits 8%
Marico reported a robust 27% YoY revenue growth in Q3 FY26, reaching โน3,537 crore, supported by an 8% volume growth in the domestic market. While recurring PAT grew 12% to โน447 crore, EBITDA margins contracted by 234 bps to 16.7% due to a sharp 84% YoY increase in Copra prices. The company's diversification strategy is yielding results, with the Foods segment growing 50% and international business maintaining strong momentum at 21% constant currency growth. A strategic investment in 4700BC further expands Marico's footprint in the premium gourmet snacking category.
Key Highlights
Consolidated Revenue grew 27% YoY to โน3,537 Cr with domestic volume growth at 8%.
International business delivered 21% constant currency growth, led by Bangladesh and Vietnam.
Foods portfolio recorded 50% value growth and is on track to reach ~8x of FY20 scale by FY27.
EBITDA margins stood at 16.7%, impacted by significant input cost inflation in Copra (+84% YoY).
Digital-first brands are scaling well, with an expected FY26 exit ARR of over โน1,000 crore.
๐ผ Action for Investors
Investors should view the strong volume recovery and diversification into high-growth Foods and Digital-first brands as long-term positives. While raw material inflation is currently pressuring margins, the company's pricing interventions and premiumization strategy are expected to mitigate these impacts over time.
PDS Limited Streamlines Structure; Step-Down Subsidiary Kontemporary Koncepts Struck-Off
PDS Limited has announced the strike-off of its step-down subsidiary, Kontemporary Koncepts Private Limited, effective January 20, 2026. This action is part of a corporate initiative to eliminate non-operational and redundant entities within the PDS Group. The subsidiary had zero turnover and zero net worth contribution to the consolidated financials during the last financial year. As a result, the company expects no material impact on its overall financial position or business operations.
Key Highlights
Kontemporary Koncepts Private Limited ceased to be a step-down subsidiary effective January 20, 2026.
The subsidiary contributed 0% to the consolidated turnover and net worth of PDS Limited.
The strike-off is part of a strategic move to streamline the corporate structure and reduce administrative overhead.
The company received the official notice of strike-off on January 27, 2026.
๐ผ Action for Investors
This is a routine administrative update with no financial impact. No action is required from investors as this does not change the company's fundamental value.