Stocks to Watch Today, January 28: Vodafone Idea, TCS, Infosys, LIC, Motilal Oswal in Focus

Indian equity markets are expected to remain stock-specific on Tuesday, January 28, as investors react to a mix of Q3 earnings announcements and major corporate developments. Several companies reported strong year-on-year profit growth, while others showed signs of recovery or announced strategic initiatives that could influence near-term sentiment.

Stocks across telecom, FMCG, financial services, IT, infrastructure, logistics and metals are likely to see heightened action. Key names to watch include Vodafone Idea, PC Jeweller, Bikaji Foods, Motilal Oswal Financial Services, Infosys, TCS, Hindalco, ONGC, LIC and Bandhan Bank.

Q3 Earnings Highlights

Vodafone Idea

Vodafone Idea reported a narrower net loss of ₹5,286 crore in the December quarter compared with a loss of ₹6,609 crore in the year-ago period. Revenue rose marginally by 1.85 percent to ₹11,323 crore, reflecting gradual improvement in operational metrics.

PC Jeweller

PC Jeweller posted a strong 28.5 percent rise in net profit at ₹190.1 crore. Revenue surged nearly 37 percent year-on-year to ₹875.4 crore, supported by healthy demand and improved operating leverage.

Motilal Oswal Financial Services

Motilal Oswal reported stable performance with net profit at ₹566 crore, slightly higher than last year. Revenue increased 5.9 percent to ₹2,111.7 crore, driven by steady growth across business segments.

Vishal Mega Mart

Vishal Mega Mart delivered solid results, with profit rising 19.1 percent to ₹312.9 crore. Revenue climbed 17 percent to ₹3,670.4 crore, aided by strong store-level performance.

RPG Life Sciences

RPG Life Sciences reported a decline in profit by 36.6 percent to ₹22.1 crore, while revenue grew modestly by 4.2 percent to ₹180 crore.

Metro Brands

Metro Brands posted a healthy 35.7 percent jump in profit at ₹128.4 crore. Revenue increased 15.4 percent year-on-year to ₹811.3 crore, driven by strong sales momentum.

Bikaji Foods International

Bikaji Foods reported a sharp 116.3 percent rise in profit at ₹62.2 crore. Revenue grew 10.7 percent to ₹790 crore, reflecting improved margins and demand recovery.

Mahindra Logistics

Mahindra Logistics returned to profitability, reporting a net profit of ₹3.25 crore compared with a loss in the year-ago quarter. Revenue rose 19 percent to ₹1,898 crore.

Sunteck Realty

Sunteck Realty posted robust growth with profit increasing 36.9 percent to ₹58.2 crore. Revenue more than doubled year-on-year to ₹344.1 crore.

Marico

Marico reported steady performance with net profit rising 13.3 percent to ₹460 crore. Revenue surged 26.6 percent to ₹3,537 crore, supported by volume growth and pricing actions.

Key Corporate Developments

Titagarh Rail Systems

Titagarh Rail Systems has partnered with ABB India to jointly develop propulsion systems and enable technology transfer for 25 kV driverless metro projects in India.

Infosys

Infosys announced a strategic collaboration with AI-driven development platform Cursor to help global enterprises accelerate artificial intelligence adoption and value creation.

Tata Consultancy Services (TCS)

TCS approved an investment of ₹330 crore to establish a new facility in Brazil, strengthening its operational presence in the Latin American market.

Tata Power

Tata Power is expanding its footprint in the home automation segment, focusing on increasing adoption of IoT-based solutions, according to senior management.

Hindalco Industries

Hindalco unveiled a ₹21,000 crore capital expenditure plan to expand aluminium smelter capacity in Odisha, aimed at meeting long-term demand growth.

BLS International Services

BLS International secured a contract from the Cyprus Embassy to provide visa outsourcing and application support services across several Asian countries, including China and Southeast Asia.

Bandhan Bank

Bandhan Bank announced a reduction in the monthly average balance requirement for standard savings accounts to ₹2,000 from ₹5,000, effective February 1.

ONGC

ONGC, through joint ventures with Japan’s Mitsui OSK Lines, signed shipbuilding contracts with Samsung Heavy Industries to construct two very large ethane carriers.

LIC

Life Insurance Corporation of India invested ₹5,120 crore by subscribing to debentures issued by Bajaj Finance to support the company’s business requirements.

With a mix of earnings momentum and major corporate actions, these stocks are expected to remain in focus as markets navigate the trading se

(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.)