Stocks to Watch Today – January 6: Axis Bank, Trent, ONGC, Waaree Energies, Torrent Pharma in Focus
Stocks to Watch Today: Indian equity markets are expected to see stock-specific action on January 6 as several companies announced quarterly business updates, production milestones, fund-raising plans, management changes, and IPO developments. Key sectors in focus include banking, retail, metals, energy, infrastructure, and pharmaceuticals.
Key Quarterly Business Updates
Kotak Mahindra Bank
Kotak Mahindra Bank reported healthy growth for the quarter ended December 2025. Net advances increased 16% year-on-year to ₹4.80 lakh crore, while sequential growth stood at 3.8%, indicating steady loan demand.
Axis Bank
Axis Bank posted stable performance in Q3. Gross advances rose 14.1% year-on-year to ₹11.71 lakh crore, with a quarter-on-quarter growth of 3.7%, reflecting continued momentum in lending activity.
Trent Ltd
Retail major Trent Ltd reported strong revenue growth. Q3 revenue climbed 17% year-on-year to ₹5,220 crore, while revenue for the nine-month period rose 18% to ₹14,604 crore.
L&T Finance
L&T Finance delivered a robust operational update as retail disbursements surged 49% year-on-year to an estimated ₹22,690 crore during the December quarter, highlighting strong demand across retail loan segments.
KSH International
KSH International reported sharp earnings growth for Q2. Net profit jumped 129% year-on-year to ₹29.6 crore, while revenue grew over 50% to ₹712.1 crore.
MOIL
MOIL achieved its highest ever manganese ore production at 4.77 lakh tonnes during Q3, registering a 3.7% annual growth.
SAIL
Steel Authority of India (SAIL) reported a strong 37% year-on-year increase in December 2025 sales, reaching 2.1 million tonnes.
Corporate and Strategic Developments
ONGC
ONGC reported a gas leak during workover operations at its Mori field in Andhra Pradesh. The company clarified that there were no injuries or casualties, providing relief to investors.
Polycab India
Polycab India announced the appointment of Shashi Amin as CEO – B2B Channel and Corporate Communication, effective January 5, strengthening its leadership team.
Awfis Space Solutions
Awfis announced a change in its senior management. CFO Ravi Dugar resigned, with Sumit Rochlani appointed as the new Chief Financial Officer effective February 3, 2026.
Waaree Energies
Waaree Energies’ subsidiary, Waaree Energy Storage Solutions, raised ₹1,003 crore from strategic investors. The funds will support its planned ₹10,000 crore investment in a 20 GWh lithium-ion battery manufacturing facility.
NBCC (India)
NBCC received fresh orders worth ₹134 crore from government institutions in Odisha, supporting its order book visibility.
Torrent Pharmaceuticals
Torrent Pharma’s board approved plans to raise up to ₹12,500 crore through securities issuance via private placement, subject to approvals.
IPO Watch
Bharat Coking Coal IPO
The Bharat Coking Coal IPO will open on January 9. The issue is entirely an offer for sale worth ₹1,071 crore, with a price band of ₹21–₹23 per share. Grey market trends indicate strong listing interest.
Market Outlook
With strong quarterly updates, fundraising activity, order wins, and IPO buzz, these stocks are likely to remain active during today’s trading session. Investors may witness sector-specific movements driven by earnings momentum and corporate announcements.
(Disclaimer: The content above is provided solely for informational purposes and should not be treated as investment advice. SmartInvestment advises readers to consult a qualified financial advisor before making any investment or money-related decisions.)