Stocks to Watch Today (January 23, 2026): IndiGo, MCX, Hindustan Zinc, Coforge, NTPC Green Energy and more

Stocks to Watch Today (January 23, 2026): Indian equity markets are likely to see stock-specific action on Friday, 23 January, amid a packed earnings calendar, board meetings on fund raising and key corporate developments. Several Nifty and F&O stocks are scheduled to announce quarterly results during market hours, while a large set of companies will report earnings post market.

Cipla

Cipla will announce its Q3 results between 1 pm and 3 pm. The stock will be watched for updates on margins, the US business and domestic growth.

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JSW Steel

JSW Steel is scheduled to report earnings between 2 pm and 3.30 pm. Commentary on steel prices, volumes and cost pressures will be in focus.

Shriram Finance

Shriram Finance is expected to declare results during variable hours. The company has also scheduled a board meeting to consider fund raising, which could influence stock sentiment.

Godrej Consumer Products

Godrej Consumer Products is set to report earnings between 12 pm and 3 pm. Rural demand recovery and margin outlook will be key triggers.

Laurus Labs

Laurus Labs will announce results between 1.30 pm and 3.30 pm. Updates on formulations, APIs and margin trends will be closely tracked.

IndusInd Bank

IndusInd Bank will report Q3 results post market. Asset quality, deposit growth and NIM trends will be in focus.

MCX

Multi Commodity Exchange will declare its quarterly numbers post market. Trading volumes and regulatory commentary will be key.

Sona BLW Precision Forgings

Sona BLW Precision will report earnings post market. Demand outlook from the EV segment will be tracked.

BPCL

BPCL will announce Q3 results post market. Refining margins, marketing performance and inventory gains or losses will be key variables.

Nuvama Wealth Management

Nuvama Wealth will report earnings post market. Market activity and client asset growth will be watched.

JSW Energy

JSW Energy is scheduled to announce results post market. Progress on capacity additions and renewable portfolio will remain in focus.

Hindustan Zinc

Hindustan Zinc said its board will meet to discuss and consider fund raising, which could act as a near-term stock trigger.

Sequent Scientific

Sequent Scientific announced that it will change its name to Viyash Scientific Limited.

Havells India

Havells India will trade ex-date on Friday for its interim dividend of Rs 4 per share.

InterGlobe Aviation

InterGlobe Aviation reported mixed Q3FY26 standalone numbers on a QoQ basis. Net sales rose 26 per cent to Rs 23,472 crore, while the company reported a profit of Rs 549 crore compared with a loss in the previous quarter. EBITDA surged sharply and margins improved to 27.4 per cent. However, YoY profitability declined due to an exceptional loss of Rs 969 crore linked to the new labour code and December operational disruptions.

Coforge

Coforge reported inline Q3FY26 QoQ performance. Revenue rose 5.1 per cent to Rs 4,188 crore, while PAT declined 33 per cent due to an exceptional loss of Rs 147.6 crore. The company signed six large deals during the quarter and reported a total contract value of $593 million.

Mphasis

Mphasis delivered operationally strong Q3FY26 results, beating estimates. Revenue and EBIT grew sequentially, driven by BFS and insurance verticals. PAT declined due to a Rs 35 crore impact from labour code changes. The company reported a strong AI-led deal pipeline.

Premier Energies

Premier Energies posted mixed but largely better-than-expected Q3FY26 numbers. PAT jumped 53.4 per cent YoY, while margins improved. Revenue growth, however, missed estimates. The company reported a healthy order book of Rs 13,723 crore.

Bandhan Bank

Bandhan Bank delivered mixed Q3FY26 results. NII and PAT declined YoY, though asset quality improved sequentially. Growth in secured advances remained strong, while the CASA ratio stayed under pressure.

DLF

DLF reported Q3FY26 earnings below estimates. Sales rose 32 per cent YoY, but EBITDA and margins disappointed. PAT increased 13.7 per cent YoY.

NTPC Green Energy

NTPC Green signed a memorandum of understanding with the Uttar Pradesh government for renewable energy and green hydrogen projects.

Ashoka Buildcon

Ashoka Buildcon received a Rs 307 crore order to construct a bridge in Daman, adding to its order book visibility.