Stocks to Watch Today, February 5: Trent, Apollo Tyres, Tata Power, Coal India, Marico in Focus
Indian equity markets are expected to remain active on February 5 as investors track a busy calendar of Q3 earnings, key corporate announcements, and IPO-related developments. Several frontline and midcap stocks are likely to see stock-specific action through the session.
Key Stocks in Focus
Shares of Apollo Tyres, Tata Power, Trent, Bajaj Holdings, Force Motors, NHPC, and Coal India are expected to remain under the spotlight following mixed quarterly earnings and strategic business updates.
At the same time, companies such as Marico, Ashok Leyland, Zydus Lifesciences, HCLTech, Pidilite Industries, and Power Grid Corporation are drawing attention due to major corporate developments.
Q3 Earnings Snapshot
| Company | Q3 Profit (Rs crore) | YoY Change | Q3 Revenue (Rs crore) | YoY Change |
|---|---|---|---|---|
| Apollo Tyres | 470.5 | +39.5% | 7,743.1 | +11.8% |
| Bajaj Holdings & Investment | 2,016.2 | +15.3% | 287.5 | +127.6% |
| Cummins India | 486.0 | −13.0% | 3,054.9 | −1.3% |
| Force Motors | 406.1 | +252.1% | 2,128.6 | +12.7% |
| Keystone Realtors | 3.4 | −77.6% | 266.2 | −42.6% |
| Lloyds Engineering Works | 61.0 | +70.9% | 272.5 | +2.3% |
| NHPC | 219.1 | −5.2% | 2,220.7 | −2.9% |
| Tata Power | 1,194.3 | +0.6% | 13,948.4 | −9.4% |
| Trent | 510.1 | +2.7% | 5,345.0 | +14.8% |
| Welspun Enterprises | 26.7 | −65.5% | 787.0 | −12.2% |
Major Corporate Announcements
Coal India
The company’s board has approved the creation of an intermediate holding company in Chile to explore opportunities in critical minerals such as lithium and copper, aligning with India–Chile trade discussions.
Ashok Leyland
Ashok Leyland has entered into a strategic partnership with Indonesia’s PT Pindad to jointly develop electric buses and defence vehicles.
Marico
Marico has signed definitive agreements to make a strategic investment in Cosmix Wellness, a digital-first functional wellness brand in India.
Zydus LifesciencesA
The company has received approval from the US health regulator to market a generic diabetes drug in the US market.
ACME Solar Holdings
ACME Solar announced the appointment of Rahul Kaushik as Head of Process Transformation.
HCLTechAA
HCLTech has been selected by Hong Kong Aero Engine Services Limited to modernise its maintenance, repair, and overhaul operations.
Pidilite Industries
The company expects a recovery in US exports following recent India–US tariff revisions, after a slowdown in Q3 FY26.
Power Grid Corporation
The Ministry of Corporate Affairs has approved the merger of 17 subsidiaries into two subsidiaries under Power Grid.
IPOs to Watch
Aye Finance IPO
The Rs 1,010 crore IPO opens for subscription on February 9 and is expected to list on February 16. The grey market premium stands at around Rs 5, indicating a modest listing outlook.
Fractal Analytics IPO
The IPO size has been reduced to Rs 2,833.9 crore. The price band is set at Rs 857–900 per share, with grey market premiums ranging between Rs 105 and Rs 180.
A(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.)