Stocks to Watch Today – January 20: Wipro, TCS, Havells, LTIMindtree, CEAT and Others in Focus
Indian equity markets are expected to witness stock-specific action on Tuesday, January 20, as several companies announced their Q3 FY26 earnings, while others shared key corporate updates, legal developments, and IPO-related news. Investor sentiment will likely be guided by earnings surprises, management changes, and upcoming listings.
Below is a detailed look at the major stocks to watch today.
Key Quarterly Earnings Updates
LTIMindtree: Profit Falls Short of Expectations
LTIMindtree reported a weaker-than-expected performance for Q3 FY26. The company’s net profit declined 30.5% quarter-on-quarter to ₹959.6 crore, significantly below Street estimates. Management cited a one-time impact related to new labour code provisions as the primary reason for the sharp decline.
Tata Capital: Strong Profit Growth
Tata Capital posted a solid quarterly performance, with net profit rising 20.4% year-on-year to ₹1,264.7 crore. Net interest income also grew 20.5% to ₹3,314.8 crore, reflecting healthy loan growth and improved operational efficiency.
Bansal Wire Industries: Modest Growth
Bansal Wire Industries reported a nearly 4% increase in consolidated net profit, reaching ₹43.2 crore for the December quarter, supported by stable demand conditions.
Oberoi Realty: Steady Performance
Oberoi Realty delivered stable results, with net profit inching up 0.7% year-on-year to ₹622.6 crore. Revenue grew 5.8% to ₹1,492.6 crore, indicating consistent momentum in real estate sales.
Havells India: Revenue Beats, Profit Misses
Havells India posted mixed results. While revenue rose 14.2% year-on-year to ₹5,573 crore, slightly above estimates, net profit increased 6.4% to ₹301 crore, falling short of market expectations due to margin pressures.
Hindustan Zinc: Sharp Profit Surge
Hindustan Zinc delivered a strong earnings performance, with consolidated net profit jumping 46.2% year-on-year to ₹3,916 crore. Higher metal prices, improved production volumes, and currency tailwinds supported profitability.
Corporate Developments to Track
Adani Power: Legal Relief from NCLAT
Adani Power received a major boost after the NCLAT dismissed appeals against its ₹4,000 crore resolution plan for Vidarbha Industries Power. The ruling upheld earlier approvals granted by the NCLT.
Ola Electric Mobility: CFO Appointment
Ola Electric announced Deepak Rastogi as its new Chief Financial Officer, effective January 20, following the resignation of Harish Abichandani.
UPL: IPO Filing by Subsidiary
UPL’s subsidiary, Advanta Enterprises, has filed draft IPO papers with SEBI. The issue will be entirely an offer for sale, with UPL divesting a significant portion of its stake.
Amber Enterprises: New Manufacturing Facility
Amber Enterprises has been allotted 100 acres of land near Jewar Airport by YEIDA to establish a new manufacturing unit, strengthening its long-term expansion plans.
Capri Global Capital: CEO Resignation
Capri Global Capital announced that CEO Monu Ratra will step down on January 31, 2026, less than four months after his appointment, citing entrepreneurial pursuits.
Deepak Nitrite: Capacity Expansion
Deepak Nitrite’s subsidiary has commissioned a nitration and hydrogenation plant at Dahej, Gujarat, involving a capital investment of around ₹85 crore.
Wipro: Labour Complaint Filed
IT employees’ union NITES has filed a complaint against Wipro, alleging delays in onboarding approximately 250 freshers across multiple states.
TCS: Saudi Arabia Expansion
Tata Consultancy Services has incorporated its regional headquarters in Saudi Arabia, investing nearly ₹4 crore to meet local requirements for participating in government projects.
IPOs in Focus
Amagi Media Labs IPO
Amagi Media Labs is set to list on NSE and BSE on January 21. The grey market premium currently stands at ₹17, indicating moderate listing expectations.
Shadowfax Technologies IPO
The Shadowfax Technologies IPO opens for subscription today. The ₹1,907 crore issue includes a fresh issue and offer for sale, with listing expected next week.
(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.)