Stocks to Watch Today, Feb 9: SBI, Tata Steel, MRF, IDBI Bank in Focus

Markets eye SBI, Tata Steel, MRF, IDBI Bank and more amid Q3 earnings, strategic updates and India–US trade-linked stocks in focus.

Stocks to Watch Today, Feb 9: SBI, Tata Steel, MRF, IDBI Bank, Shree Cement, NATCO Pharma in Focus

Stocks to Watch Today, Feb 9: Indian equity markets are set for an active start on Monday as investors track a mix of quarterly earnings, strategic developments, and global cues, including updates around the India–US interim trade agreement. Several heavyweight and mid-cap stocks are expected to remain under the spotlight throughout the session.

Last week, market sentiment turned positive with the BSE Sensex rising 2,857 points (3.53%) and the Nifty gaining 868 points (3.49%), supported by strong earnings momentum and improved global outlook.

Key Stocks to Watch Today

State Bank of India (SBI) – Q3 Results

State Bank of India reported a 13.06% year-on-year increase in consolidated net profit at ₹21,317 crore for the December quarter of FY26, driven by stable asset quality and steady credit growth.

Tata Steel – Q3 Performance

Tata Steel posted a sharp jump in consolidated profit to ₹2,730.37 crore for Q3, supported by higher income and operational efficiency, making the stock a key focus today.

IDBI Bank – Strategic Disinvestment

IDBI Bank will remain in focus after the government confirmed receipt of financial bids for its strategic sale, a key milestone in the bank’s long-awaited privatisation process.

MRF – Strong Earnings

Tyre major MRF reported a twofold rise in consolidated net profit at ₹692 crore for the December quarter, backed by strong demand from OEMs and the replacement market.

Shree Cement – Profit Growth

Shree Cement reported a 38.16% rise in consolidated net profit to ₹267.65 crore, aided by effective cost control measures and premium product offerings.

JK Tyre & Industries – Q3 Results

JK Tyre posted more than a threefold jump in consolidated net profit at ₹208 crore, led by robust domestic demand and improved margins.

Kalyan Jewellers – Earnings Boost

Kalyan Jewellers reported a 90.36% year-on-year surge in consolidated net profit to ₹416.29 crore, supported by strong festive demand and retail expansion.

Anant Raj – Data Centre Partnership

Real estate firm Anant Raj announced a strategic partnership with AI infrastructure company Submer to develop data centres, placing the stock in focus amid rising digital infrastructure demand.

Q3 Results to Watch Today

Several companies are scheduled to announce their Q3 earnings, including:

Zydus Lifesciences
Pfizer
The Ramco Cements
Vadilal Industries
TCPL Packaging
Suprajit Engineering
Sansera Engineering
Rolex Rings
PNC Infratech
Taj GVK Hotels & Resorts
Visaka Industries
Privi Speciality Chemicals
Sun Pharma Advanced Research (SPARC)

Stocks Linked to India–US Trade Developments

Stocks with exposure to the US market may see increased action, including:
NATCO Pharma, Gland Pharma, LT Foods, Biocon, Persistent Systems, Mphasis, Indo Count Industries, and Sona BLW (Sona Comstar).

(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.)