Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, order wins, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:

Results Today

Aarti Industries, Anant Raj, Apex Frozen Foods, G R Infraprojects, Jaiprakash Power Ventures, Neogen Chemicals, Vinati Organics, and Windsor Machines will announce their quarterly earnings on February 1.

Quarterly Earnings

Oil and Natural Gas Corporation Q3 (Standalone QoQ)

Profit sinks 31.2% to Rs 8,239.9 crore Vs Rs 11,984 crore

Revenue falls 0.5% to Rs 33,716.8 crore Vs Rs 33,881 crore

ONGC declares interim dividend of Rs 5 per share

Sun Pharmaceutical Industries Q3 (Consolidated YoY)

Profit grows 15% to Rs 2,903.4 crore Vs Rs 2,523.8 crore

Revenue increases 10.5% to Rs 13,675.5 crore Vs Rs 12,380.7 crore

IndusInd Bank Q3 (Standalone YoY)

Profit plunges 39% to Rs 1,401.3 crore Vs Rs 2,297.9 crore

Net interest income falls 1.3% to Rs 5,228.1 crore Vs Rs 5,295.6 crore

Provisions and contingencies spike to Rs 1,743.6 crore Vs Rs 934.2 crore

Provisions and contingencies fall to Rs 1,743.6 crore Vs Rs 1,820.1 crore (QoQ)

Gross NPA rises to 2.25% Vs 2.11% (QoQ)

Net NPA increases to 0.68% Vs 0.64% (QoQ)

Bandhan Bank Q3 (Standalone YoY)

Profit tanks 41.8% to Rs 426.5 crore Vs Rs 732.7 crore

Net interest income grows 12.1% to Rs 2,830.3 crore Vs Rs 2,525.4 crore

Provisions and contingencies spike to Rs 1,376 crore Vs Rs 684 crore

Provisions and contingencies zoom to Rs 1,376 crore Vs Rs 606.2 crore (QoQ)

Gross NPA unchanged at 4.68% (QoQ)

Net NPA drops to 1.28% Vs 1.29% (QoQ)

LIC Housing Finance Q3 (YoY)

Profit grows 23% to Rs 1,432 crore Vs Rs 1,163 crore

Net interest income falls 5% to Rs 2,000 crore Vs Rs 2,097 crore

Vishal Mega Mart Q3 (Consolidated YoY)

Profit surges 28% to Rs 262.7 crore Vs Rs 205.4 crore

Revenue grows 19.5% to Rs 3,135.9 crore Vs Rs 2,623.6 crore

Poonawalla Fincorp Q3 (Standalone YoY)

Profit sinks 92.9% to Rs 18.7 crore Vs Rs 265.1 crore

Net interest income grows 22.2% to Rs 672 crore Vs Rs 550 crore

Impairment on financial instruments at Rs 347.9 crore Vs Rs (6.54) crore

IRB Infrastructure Developers Q3 (Consolidated YoY)

Profit zooms sharply to Rs 6,026.1 crore Vs Rs 187.4 crore

Revenue grows 2.9% to Rs 2,025.4 crore Vs Rs 1,968.5 crore

Exceptional gain stands at Rs 5,804.1 crore Vs Nil

Nuvama Wealth Management Q3 (Consolidated YoY)

Profit soars 43% to Rs 252.1 crore Vs Rs 176.3 crore

Revenue jumps 22.7% to Rs 1,031.8 crore Vs Rs 840.6 crore

Mahindra Lifespace Developers Q3 (Consolidated YoY)

Loss stands at Rs 22.5 crore Vs profit of Rs 50 crore

Revenue zooms 104% to Rs 167.3 crore Vs Rs 82 crore

Aster DM Healthcare Q3 (Consolidated YoY)

Profit sinks 68.3% to Rs 56.8 crore Vs Rs 179.2 crore

Revenue increases 10% to Rs 1,049.8 crore Vs Rs 954.7 crore

Sheela Foam Q3 (Consolidated YoY)

Profit plunges 39% to Rs 18.8 crore Vs Rs 30.8 crore

Revenue increases 10% to Rs 967.1 crore Vs Rs 878.9 crore

Triveni Turbine Q3 (Consolidated YoY)

Profit soars 35.5% to Rs 92.4 crore Vs Rs 68.2 crore

Revenue increases 16.6% to Rs 503.4 crore Vs Rs 431.7 crore

Pfizer Q3 (YoY)

Profit falls 1.8% to Rs 127.6 crore Vs Rs 130 crore

Revenue declines 0.4% to Rs 538 crore Vs Rs 540 crore

Relaxo Footwears Q3 (YoY)

Profit drops 14.4% to Rs 33 crore Vs Rs 38.6 crore

Revenue slips 6.4% to Rs 667 crore Vs Rs 712.7 crore

Karnataka Bank Q3 (Standalone YoY)

Profit falls 14.3% to Rs 283.6 crore Vs Rs 331 crore

Net interest income declines 4.2% to Rs 792.8 crore Vs Rs 827.6 crore

Gross NPA drops to 3.11% Vs 3.21% (QoQ)

Net NPA slips to 1.39% Vs 1.46% (QoQ)

Godrej Agrovet Q3 (Consolidated YoY)

Profit zooms 32.4% to Rs 110 crore Vs Rs 83 crore

Revenue rises 4.5% to Rs 2,449.6 crore Vs Rs 2,345.2 crore

Stocks To Watch

Tata Power

The company’s subsidiary, Tata Power Renewable Energy, has signed a Memorandum of Understanding (MoU) with the distribution companies (Discoms) of Rajasthan, including Jaipur Vidyut Vitran Nigam, Ajmer Vidyut Vitran Nigam, and Jodhpur Vidyut Vitran Nigam, to accelerate rooftop solar adoption across Rajasthan.

Hero MotoCorp

The Board has approved the appointment of Vikram Kasbekar, Executive Director, as the acting Chief Executive Officer (CEO) of the company, effective May 1, 2025. Niranjan Gupta has stepped down as the CEO of the company, effective April 30, 2025, to pursue other opportunities.

Aurobindo Pharma

The company's subsidiary, CuraTeQ Biologics s.r.o., has received a positive opinion from the Committee for Medicinal Products for Human Use (CHMP) within the European Medicines Agency (EMA) for Dyrupeg, recommending the granting of a marketing authorization. The CHMP's positive opinion is expected to translate into a formal decision of approval by the European Commission in April 2025. Dyrupeg is used to reduce the duration of neutropenia and the incidence of febrile neutropenia in adult patients treated with cytotoxic chemotherapy for malignancy.

Waaree Energies

The company's subsidiary, Waaree Clean Energy Solutions, has received a Notification of Award from the Solar Energy Corporation of India for setting up a production facility of 90,000 MT per annum for green hydrogen in India.

UPL

Rajendra Darak has retired as Vice Chairman of the UPL Group after over thirty-three years of service, effective January 31.

KPI Green Energy

The company and its wholly owned subsidiary, KPIG Energia, have successfully developed and commissioned 40.16 MW of renewable power projects for esteemed clients under the captive power producer (CPP) segment.

Kaynes Technology

R Balasubramanian has resigned from the position of Deputy Chief Financial Officer of the company, effective January 30, due to personal reasons.

Nestle India

The company has added a new KitKat production line at its Sanand factory in Gujarat. The Rs 1,100 crore investment in the facility is part of the company’s Rs 5,800 crore capital expenditure in greenfield and brownfield projects between 2020-2025, to increase overall capacities to meet future demand. The company also manufactures KitKat at its Ponda factory in Goa.

Oil India

Oil Green Energy has been incorporated as a wholly owned subsidiary of Oil India.

Bulk Deals

Onesource Specialty Pharma

CPT Research & Mgmt Co T/A CPT World Investors, and Motilal Oswal Mutual Fund A/C Motilal Oswal Large and Midcap Fund bought a 1.9% stake in the company at an average price of Rs 1,545 per share. However, promoters Tenshi Pharmaceuticals, Pronomz Ventures, and investor Medella Holdings Pte sold a 6.78% stake.