29 Jan , 2026 By : Debdeep Gupta
Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, order wins, appointments and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:
Results Today
ITC, Tata Motors, Swiggy, REC, One 97 Communications Paytm, Canara Bank, Colgate Palmolive (India), Adani Power, Aequs, Blue Star, Container Corporation of India, Coromandel International, Dabur India, Dixon Technologies, Indian Energy Exchange, Indegene, Jaro Institute of Technology Management and Research, KPIT Technologies, Manappuram Finance, Nippon Life India Asset Management, NTPC Green Energy, Prestige Estates Projects, Vedanta, Voltas, and Websol Energy System will release their quarterly earnings today.
Quarterly Earnings
Larsen & Toubro Q3 (Consolidated YoY)
Profit falls 4% to Rs 3,215 crore Vs Rs 3,359 crore
Revenue grows 10% to Rs 71,450 crore Vs Rs 64,668 crore
EBITDA soars 19% to Rs 7,417 crore Vs Rs 6,255 crore
Margin expands to 10.4% Vs 9.7%
Labour code impact stands at Rs 1,344 crore Vs Nil
Lodha Developers Q3 (Consolidated YoY)
Profit rises 1.3% to Rs 956.9 crore Vs Rs 944.4 crore
Revenue jumps 14.4% to Rs 4,672.5 crore Vs Rs 4,083 crore
National Securities Depository Q3 (Consolidated YoY)
Profit rises 4.4% to Rs 89.6 crore Vs Rs 85.8 crore
Revenue falls 0.8% to Rs 359.6 crore Vs Rs 362.6 crore
LT Foods Q3 (Consolidated YoY)
Profit soars 9.8% to Rs 157.4 crore Vs Rs 143.3 crore
Revenue surges 23.5% to Rs 2,809.2 crore Vs Rs 2,274.8 crore
eClerx Services Q3 (Consolidated YoY)
Profit soars 39.8% to Rs 191.8 crore Vs RS 137.2 crore
Revenue grows 25.4% to Rs 1,070.3 crore Vs Rs 853.8 crore
SBI Cards and Payment Services Q3 (YoY)
Profit spikes 45.2% to Rs 556.6 crore Vs Rs 383.2 crore
Revenue rises 11% to Rs 5,127.3 crore Vs Rs 4,618.7 crore
Cochin Shipyard Q3 (Consolidated YoY)
Profit falls 18.3% to Rs 144.7 crore Vs Rs 177 crore
Revenue surges 17.7% to Rs 1,350.4 crore Vs Rs 1,147.6 crore
Sundram Fasteners Q3 (Consolidated YoY)
Profit increases 0.16% to Rs 130.6 crore Vs Rs 130.4 crore
Revenue jumps 6.9% to Rs 1,541.1 crore Vs Rs 1,441.1 crore
GPT Infraprojects Q3 (Consolidated YoY)
Profit declines 5.9% to Rs 20.15 crore Vs Rs 21.4 crore
Revenue rises 2.1% to Rs 283.9 crore Vs Rs 278.1 crore
Star Health and Allied Insurance Company Q3 (YoY)
Profit drops 40.4% to Rs 128.2 crore Vs Rs 215.1 crore
Net premium earned grows 11.9% to Rs 4,250.4 crore Vs Rs 3,799.7 crore
Net commission jumps 35.5% to Rs 682 crore Vs Rs 503.2 crore
Operating profit tanks 54.6% to Rs 69.2 crore Vs Rs 152.5 crore
Underwriting loss widens to Rs 125 crore Vs loss of Rs 48.9 crore
GE Vernova T&D India Q3 (YoY)
Profit zooms 103.8% to Rs 290.8 crore Vs Rs 142.7 crore
Revenue soars 58.4% to Rs 1,700.6 crore Vs Rs 1,073.7 crore
Balkrishna Industries Q3 (Consolidated YoY)
Profit declines 15% to Rs 382.15 crore Vs Rs 449.5 crore
Revenue grows 6.9% to Rs 2,736.8 crore Vs Rs 2,560.3 crore
Ask Automotive Q3 (Consolidated YoY)
Profit jumps 21.3% to Rs 79.9 crore Vs Rs 65.9 crore
Revenue soars 18.5% to Rs 1,084.2 crore Vs Rs 915.1 crore
Sagility India Q3 (Consolidated YoY)
Profit surges 23.4% to Rs 267.6 crore Vs Rs 216.9 crore
Revenue spikes 35.7% to Rs 1,971.1 crore Vs Rs 1,453 crore
Phoenix Mills Q3 (Consolidated YoY)
Profit rises 4.2% to Rs 275.8 crore Vs Rs 264.8 crore
Revenue jumps 15% to Rs 1,121.2 crore Vs Rs 975.1 crore
Symphony Q3 (Consolidated YoY)
Profit stands at Rs 20 crore Vs loss of Rs 10 crore
Revenue falls 7.3% to Rs 179 crore Vs Rs 193 crore
Gland Pharma Q3 (Consolidated YoY)
Profit zooms 27.7% to Rs 261.5 crore Vs Rs 204.7 crore
Revenue grows 22.5% to Rs 1,695.4 crore Vs Rs 1,384 crore
Garden Reach Shipbuilders & Engineers Q3 (Consolidated YoY)
Profit spikes 73.9% to Rs 170.8 crore Vs Rs 98.2 crore
Revenue jumps 49.1% to Rs 1,895.7 crore Vs Rs 1,271 crore
Rainbow Children's Medicare Q3 (Consolidated YoY)
Profit rises 5.6% to Rs 72.5 crore Vs Rs 68.7 crore
Revenue grows 11.9% to Rs 445.4 crore Vs Rs 398 crore
Mahindra & Mahindra Financial Services Q3 (Standalone YoY)
Profit declines 9.9% to Rs 810.4 crore Vs Rs 899.5 crore
Net interest income jumps 20.6% to Rs 2,304.5 crore Vs Rs 1,911.3 crore
Exceptional loss stands at Rs 117.3 crore Vs Nil
Thyrocare Technologies Q3 (Consolidated YoY)
Profit spikes 51.8% to Rs 29.01 crore Vs Rs 19.1 crore
Revenue grows 17.8% to Rs 195.5 crore Vs Rs 165.9 crore
Birlasoft Q3 (Consolidated YoY)
Profit increases 2.5% to Rs 119.9 crore Vs Rs 116.9 crore
Revenue declines 1.1% to Rs 1,347.5 crore Vs Rs 1,362.7 crore
Maharashtra Seamless Q3 (Consolidated YoY)
Profit zooms 30.5% to Rs 242.9 crore Vs Rs 186.1 crore
Revenue tanks 22.6% to Rs 1,090.3 crore Vs Rs 1,408.1 crore
Other income spikes to Rs 199.95 crore Vs Rs 1.72 crore
Stocks to Watch
Rail Vikas Nigam
The Rail Vikas Nigam–GPT joint venture emerged as the lowest bidder from Northern Railway for a project worth Rs 1,201.35 crore. The project involves the design and construction of 11 new rail-cum-road bridges over the River Ganga, located 50 metres downstream of the existing old Malviya Bridge near Kashi Railway Station. The bridges will accommodate four railway tracks on the lower deck and a six-lane road on the upper deck, including railway and road approaches, along with associated OHE and general electrical works, in the Lucknow Division of Northern Railway at Varanasi, Uttar Pradesh.
Wipro
The AI-powered technology services and consulting company has partnered with Factory, a leading agent-native software development platform and a portfolio company of Wipro Ventures, to help enterprises operationalize agent-native development across their engineering organizations. Wipro Ventures, the corporate investment arm of Wipro, also announced its participation in Factory’s recent funding round.
Vedanta, Hindustan Zinc
Vedanta has decided to exercise the oversubscription option in the offer-for-sale to the extent of 1.4 crore shares of Hindustan Zinc, in addition to the base offer size of 3.35 crore shares, on January 29. With this, the total offer size will increase to 4.75 crore shares, representing 1.13 percent of the paid-up equity.
Cupid
The healthcare and consumer products company has received CE (EU IVDR) certification for two in-vitro diagnostic (IVD) products—the CupiKIT HIV 1&2 antibody test kit and the CupiKIT Hepatitis B surface antigen (HBsAg) test kit.
These approvals enable Cupid to market the certified products across the European Economic Area (EEA) and other CE-recognized international markets.
Union Bank of India
Dhirendra Jain has been appointed as the Chief Financial Officer (CFO) of the bank, effective February 1, following the resignation of Avinash Vasant Prabhu, who will step down as CFO effective January 31, 2026.
Max Financial Services
The Board of Directors of Max Financial Services has granted in-principle approval for a potential amalgamation between the company and Axis Max Life Insurance (AMLI), a subsidiary of the company.
Shareholders of the company will be issued shares in AMLI based on a share entitlement ratio (to be determined), subject to approvals from Axis Bank, Axis Securities, and Axis Capital, which collectively hold a 19.02 percent stake in AMLI.
Akzo Nobel India
The Board has approved a proposal to change the company’s name from Akzo Nobel India to JSW Dulux, subject to receipt of name availability approval from the Ministry of Corporate Affairs.
Bulk Deals
eClerx Services, Force Motors, Triveni Engineering, Excel Industries, Tamil Nadu Newsprint
US-based Sona India Investments acquired 2.09 lakh shares (0.44 percent of paid-up equity) in IT firm eClerx Services at Rs 4,409.7 per share from Point Break Capital, valued at Rs 92.5 crore.
Sona India Investments and Point Break Capital also exchanged 85,146 shares (0.64 percent stake) of Force Motors at Rs 18,785 per share, amounting to Rs 159.94 crore.
Additionally, Sona India Investments purchased 19.53 lakh shares (0.89 percent stake) in Triveni Engineering & Industries at Rs 347.9 per share for Rs 67.95 crore from Point Break Capital.
An exchange of 72,000 shares (0.57 percent stake) of Excel Industries also took place between Sona India Investments and Point Break Capital for Rs 6.5 crore.
Point Break Capital exited Tamil Nadu Newsprint and Papers by selling its entire holding of 12 lakh shares (1.73 percent stake) at Rs 133 per share for Rs 15.96 crore. Of this, Sona India Investments acquired 11.6 lakh shares (1.67 percent stake) at Rs 133.61 per share for Rs 15.51 crore.
Landmark Cars
Government Pension Fund Global, managed by Norges Bank, acquired 5.26 lakh shares (1.26 percent stake) in Landmark Cars at Rs 402.06 per share, valued at Rs 21.15 crore.
Meanwhile, Bajaj Finserv Mutual Fund sold 4.35 lakh shares at Rs 401.5 per share for Rs 17.49 crore, while Dhunseri Ventures offloaded 2.7 lakh shares at Rs 401.53 per share for Rs 10.87 crore, together accounting for 1.7 percent of the equity.
Bharat Wire Ropes
Resonance Opportunities Fund acquired 6.18 lakh shares (0.9 percent stake) in Bharat Wire Ropes at Rs 174.81 per share, amounting to Rs 10.81 crore.
SME Listing
KRM Ayurveda
Stocks Trade Ex-Dividend
Jindal Stainless
Automobile Corporation of Goa
IIFL Finance
India Motor Parts & Accessories
Orient Electric
Shanthi Gears
Zensar Technologies
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