Stocks to Watch Today (January 20, 2026): LTIMindtree, Waaree Energies, Ola Electric, IRFC, HPCL and more

Stocks to Watch Today (January 20, 2026): Indian equity markets are expected to stay active on Tuesday amid a busy result calendar, regulatory developments for NBFCs, block deal chatter in Aditya Birla group stocks, and several corporate actions. IT, FMCG, real estate, NBFCs and capital goods stocks will be in focus.

Havells India

Havells reported a good Q3FY26 performance, though numbers were below estimates. Revenue rose 14.3 per cent year-on-year to Rs 5,588 crore. EBITDA increased 21.3 per cent to Rs 517 crore. Margins improved to 9.25 per cent. Profit rose 8.3 per cent to Rs 301 crore, below estimates. The company declared an interim dividend of Rs 4 per share.

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Indian Railway Finance Corporation

IRFC reported its highest-ever quarterly profit for the third straight quarter, supported by steady loan growth and improving margins. Profit after tax rose 11 per cent year-on-year to Rs 1,802 crore for the quarter ended December 2025, marking the highest quarterly profit in the company’s history.

LTIMindtree

LTIMindtree posted operationally strong Q3FY26 numbers. Revenue rose 3.7 per cent quarter-on-quarter to Rs 10,781 crore, better than estimates. EBIT increased 5 per cent, while margins expanded to 16.1 per cent. Profit declined 30.5 per cent due to a Rs 590 crore labour code impact. Headcount rose by 1,511 employees. Growth was better than large peers.

Oberoi Realty

Oberoi Realty reported weak Q3FY26 results, missing estimates across parameters. Revenue grew 6 per cent year-on-year to Rs 1,493 crore. EBITDA remained flat, while margins declined to 57 per cent. Profit rose marginally to Rs 622 crore, well below estimates.

Ceat

Ceat approved a capex of Rs 1,314 crore at its Chennai plant. The expansion will increase capacity by 35 lakh tyres. The project will be completed by H1FY28 and funded through debt and internal accruals.

Aditya Birla Lifestyle Brands

Around Rs 390 crore block deal is likely. An institutional investor may sell a 3 per cent stake at a floor price of Rs 106.4 per share, an 8.4 per cent discount. The trade is a clean-out by an undisclosed investor.

Aditya Birla Fashion and Retail

A block deal of about Rs 291 crore is expected. An institutional investor may sell a 3 per cent stake at a floor price of Rs 65.78 per share, an 8.5 per cent discount.

NBFCs

NBFC stocks will be in focus after RBI issued Priority Sector Lending Directions 2026. Targets remain unchanged, but calculation rules have been modified. Changes impact export credit, off-balance sheet items and on-lending norms. Auditor certification has been made mandatory. A new framework for priority sector lending certificates has also been introduced.

Restaurant Brands Asia

Reuters reported that PE firm Everstone may sell its entire 11.26 per cent stake, valued at about Rs 518 crore. The company may get a new strategic investor. Ajanta Pharma promoters may invest around Rs 800 crore. The board meets today to consider fund raising.

Amber Enterprises

Amber Enterprises received land allotment of 116 acres near Jewar Airport from YEIDA. The company plans to invest Rs 6,785 crore to set up two manufacturing units.

Waaree Energies

Waaree’s subsidiary received an order to supply 2,000 MW of solar modules from a leading US solar and energy storage operator.

Ola Electric

CFO Harish Abichandani resigned. Deepak Rastogi has been appointed as the new CFO.

HPCL

HPCL signed a 10-year LNG sale and purchase agreement with Abu Dhabi Gas Liquefaction Company.

Lemon Tree Hotels

The company signed a licence agreement for a 120-room hotel at Khurpatal, Uttarakhand.

Popular Vehicles and Services

Revenue from operations rose 40 per cent year-on-year in Q3. Vehicle sales volume increased 50 per cent. Inventory days declined to around 37 days.

Raymond Lifestyle

Satyaki Ghosh was appointed CEO. He joins from the Aditya Birla Group.

Corona Remedies

The company received GMP compliance certification from the Eurasian Economic Union, enabling exports to Russia and other member nations.

Capri Global Capital

CEO Monu Ratra resigned. He will continue till January 31. The stock remains in partial ban.

GMDC

GMDC received rare earth processing technology transfer from BARC.

Result calendar and key events

AU Small Finance Bank, Persistent Systems, United Spirits and SRF will announce their December-quarter results. SRF will report results between 1 pm and 3:30 pm, while others will declare numbers post-market.

Indian Energy Exchange will be in focus as the hearing on the market coupling case resumes at 2:15 pm.

Anchor lock-in

Laxmi Dental will see anchor lock-in expiry for around 13 per cent of equity.

SEBI

SEBI notified a new regulatory framework for index providers. The focus is on governance and transparency. Significant indices have been defined as those with over Rs 20,000 crore AUM. Index providers must register with SEBI within six months. Public comments are open till February 10, 2026.