🇮🇳 India Daybook ~ Stocks in News
Published: 2026-01-20 08:15 IST | Category: Markets | Author: Abhi
Positive Buzz
- IRFC: The railway financier reported its highest-ever quarterly profit of ₹1,802 crore, marking an 11% YoY growth. Assets Under Management (AUM) reached a record ₹4.75 lakh crore, supported by disciplined liability management and improved margins.
- CEAT: The tyre major posted a robust 60.3% YoY surge in net profit to ₹155.7 crore for the December quarter. Revenue grew 26% to ₹4,157 crore, with operating margins expanding significantly to 13.5%.
- Adani Power: The company secured a major legal victory as the NCLAT Delhi upheld its ₹4,000 crore resolution plan for Vidarbha Industries Power Limited, dismissing all appeals against the deal.
- Tata Capital: Reported a 19.7% sequential jump in net profit to ₹790 crore. The performance was bolstered by a 44% increase in Net Interest Income (NII) and robust credit demand across retail and SME segments.
- Deepak Nitrite: The company has commissioned a new nitration and hydrogenation plant at its Dahej facility, aimed at expanding its specialty chemical manufacturing capabilities.
- Niraj Cement Structurals: Announced the receipt of a significant work order worth ₹230 crore from the Northeast Frontier Railway.
Neutral Developments
- Earnings Today: A busy day for corporate scorecards with AU Small Finance Bank, Cyient DLM, DCM Shriram, Bigbloc Construction, and CreditAccess Grameen scheduled to announce their Q3 FY26 results.
- NLC India: Today is the revised record date for the company's 36% interim dividend (₹3.60 per share). The stock will be in focus as the price adjusts for the payout.
- Oberoi Realty: Reported a stable but flat performance for Q3, with net profit rising marginally by 0.7% YoY to ₹622.6 crore. Revenue grew by 5.8% during the same period.
- Ola Electric: The EV manufacturer has appointed Deepak Rastogi as its new Chief Financial Officer, effective January 20, 2026, as part of a senior management restructuring.
- Havells India: Posted a mixed set of numbers with revenue growing 14.2% YoY to ₹5,573 crore, though net profit remained relatively flat at ₹301 crore.
Negative News
- Reliance Industries: The stock faces headwinds after reporting a flat net profit of ₹18,645 crore for Q3. Gains in some segments were offset by a decline in gas production and persistent weakness in the retail business.
- ICICI Bank: Reported a 4% YoY decline in net profit to ₹11,318 crore. The bottom line was hit by a sharp increase in provisions, including an RBI-mandated ₹1,283-crore provision for misclassified agricultural loans.
- Wipro: Expected to remain under pressure following weak Q4 guidance which led to an 8% intraday slide in the previous session.
- Mahamaya Steel Industries: The NSE has warned of a potential freeze on the entire promoter shareholding due to continued non-compliance with specific listing requirements.
- Amara Raja Energy & Mobility: The company received a tax demand and penalty notice totaling ₹22 crore from the Delhi tax authorities.
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