Stocks to Watch Today – February 11: BHEL OFS, Strong Q3 Earnings from Titan, Britannia, Apollo Hospitals & More

Indian markets are expected to remain stock-specific today as several major companies have announced key developments, including government stake sales, quarterly earnings, and new project wins.

Benchmark indices extended gains for a third consecutive session on Tuesday, supported by positive global cues and easing concerns around India-US trade tariffs. However, profit booking at higher levels capped stronger upside.

The Sensex closed 208 points higher at 84,273.92, while the Nifty settled up 67 points at 25,935.15.

Here are the key stocks likely to remain in focus today:

BHEL – Government Announces OFS

Bharat Heavy Electricals Ltd (BHEL) will be closely tracked as the government plans to divest up to a 5% stake via an Offer for Sale (OFS).
The floor price has been fixed at ₹254 per share. The development may lead to heightened trading activity in the counter.

Britannia Industries – Strong Q3 Growth

Britannia reported a solid performance for Q3 FY26, with consolidated net profit rising over 17% year-on-year to ₹682 crore.
Growth was driven by steady demand across biscuits and adjacent product categories, reflecting resilient consumption trends.

Titan Company – Profit Jumps Over 60%

Titan posted an impressive 60%+ surge in consolidated net profit to ₹1,684 crore in the December quarter.
The company benefited from strong domestic jewellery demand, which continues to remain a key growth driver.

Grasim Industries – Revenue and Profit Rise

Grasim Industries reported a 26% year-on-year increase in consolidated net profit to ₹1,037 crore.
Revenue from operations climbed 25% to over ₹44,300 crore, reflecting broad-based growth across businesses.

Apollo Hospitals – Healthcare Momentum Continues

Apollo Hospitals delivered a 35% rise in consolidated profit after tax to ₹502 crore.
Performance was supported by strong contributions across hospital services, pharmacy, and digital health segments.

P N Gadgil Jewellers – Profit Nearly Doubles

Jewellery retailer P N Gadgil reported nearly 99% growth in profit after tax to ₹170.91 crore for the December quarter, highlighting strong festive and wedding season demand.

Eicher Motors – Steady Growth

Eicher Motors posted a 21% increase in consolidated profit to ₹1,420 crore for Q3 FY26, supported by healthy motorcycle sales and stable margins.

Dilip Buildcon – Boost from One-Time Gain

Infrastructure developer Dilip Buildcon reported a profit of ₹789 crore for the quarter, aided by a one-time gain. Investors may assess sustainability of earnings going forward.

Torrent Power – Earnings Up 34%

Torrent Power registered nearly 34% growth in consolidated net profit to ₹654.74 crore, mainly driven by higher revenues from its power business.

NHC Foods – Modest Growth

NHC Foods reported a 27% rise in net profit to ₹2.64 crore for the December quarter, reflecting steady performance in the food processing segment.

Jubilant FoodWorks – Sharp Profit Growth

Jubilant FoodWorks, operator of Domino’s Pizza and Dunkin’, recorded a 68% jump in consolidated net profit to ₹72.88 crore, supported by operational efficiencies and improved demand.

Balrampur Chini Mills – Strong Quarter

The sugar manufacturer reported a 61% increase in consolidated net profit to ₹113.43 crore, backed by better income realization.

Cholamandalam Financial Holdings – Stable Performance

Cholamandalam Financial posted a 27% rise in consolidated profit after tax to ₹1,386 crore for the October-December quarter, indicating stable growth in lending operations.

Larsen & Toubro (L&T) – Wins Major Infra Project

L&T secured a significant transport infrastructure project in Dubai, UAE. The order relates to Phase-1 of a major road development initiative, strengthening its international order book.

Market Recap

On Tuesday:

• Sensex rose 208 points to close at 84,273.92

• Nifty gained 67 points to end at 25,935.15

• Both indices touched higher intraday levels before mild profit booking emerged.

Market Outlook

With strong Q3 earnings across sectors including FMCG, jewellery, healthcare, autos, financials, and infrastructure, stock-specific action is likely to dominate today’s trade. The BHEL OFS and L&T’s project win may further influence sectoral momentum.

Investors will also keep an eye on global cues and institutional flows for broader market direction.