Stocks to watch, February 6: Tata Motors PV, Bharti Airtel, LIC, Indian Oil, Hero MotoCorp, rate sensitive stocks

The Reserve Bank of India’s Monetary Policy Committee (MPC), headed by Governor Sanjay Malhotra, is widely expected to maintain the status quo on interest rates when it announces its bi-monthly monetary policy decision on Friday, February 6.

Bharti Airtel's operating profit also known as earnings before interest, taxes, depreciation, and amortization (EBITDA) came in at ₹31,144 crore and EBITDA margin stood at 57.7%.

Bharti Airtel's average revenue per user (ARPU), a key metric of profitability of a telecom company, improved to ₹259 per user per month from ₹245 in the year-ago period.

Its revenue from operations dropped 26% to ₹70,108 crore as against ₹94,472 crore in the year-ago period.

On a standalone basis, Tata Motors net loss came in at ₹233 crore in Q3FY26 compared with a net profit of ₹1,471 crore in the same period last year.

The loss came on account of sharp jump in purchase of raw materials as cost of materials consumed jumped 92% to ₹10,603 crore from ₹5,517 crore in the year-ago period.

The company, which is India's only vertically integrated copper producer, had reported a PAT of ₹62.87 crore in the year-ago period.

Its revenue from operations came in at ₹687.34 crore, up 109.7% against ₹327.77 crore logged in the December quarter of FY25.

In the corresponding period of the previous fiscal year, it logged a profit of ₹11,008.65 crore, the country’s largest insurer said in a regulatory filing.

Its net premium income increased 17.76% YoY to ₹1.26 lakh crore during the quarter under review, compared to ₹1.07 lakh crore in the December quarter of the 2024-25 fiscal year (Q3FY25).

The PSU’s first-year premium stood at ₹10,648.46 crore in Q3FY26, reflecting a 45.2% YoY rise from ₹7,333.59 crore in the year-ago period.

Hero MotoCorp reported profit after tax (PAT) of ₹1,108 crore in the October-December quarter of last fiscal.

Revenue from operations rose to ₹12,487 crore in the third quarter as compared to ₹10,260 crore in the year-ago period, Hero MotoCorp said in a regulatory filing.

The company said it sold 16.97 lakh units of motorcycles and scooters in the latest third quarter as against 14.64 lakh units in the same period of last fiscal, a growth of 16%.

Its standalone net profit of ₹12,125.86 crore in the December quarter of FY26, compared with ₹2,873.53 crore it logged in the same period a year back, according to a stock exchange filing by the company.

Refining margins surged on low prices of crude oil, the raw material IOC uses to make fuels like petrol and diesel. Fuel sales also rose 5% in the quarter.

Without giving quarterly numbers, IOC said it earned $8.41 on turning every barrel of crude oil into fuel during April-December 2025 against a cross-refining margin of $3.69 per barrel.

The company, which sells domestic cooking gas at government-controlled rates, accounted for 2,414.34 crore in subsidy receipts.

The government had, in October last year, approved a one-time compensation to cover losses IOC and other state-owned fuel retailers suffered on selling LPG at below market price. For IOC, Rs 14,486 crore of subsidy to be paid in 12 equal monthly instalments was approved, starting from November 2025.