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10 min read | Updated on January 21, 2026, 08:13 IST
SUMMARY
Stocks to Watch: JSW Thermal Energy Two Limited, a subsidiary of JSW Energy Ltd, has signed a Power Purchase Agreement (“PPA”) with West Bengal State Electricity Distribution Company Limited (“WBSEDCL”) for a greenfield 1,600 MW (2 x 800 MW) super/ultra super critical thermal power plant.

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The proposed transaction marks the complete exit of QSR Asia Pte. Ltd., in line with its planned investment lifecycle.
The transaction will be executed, inter alia, through Lenexis Foodworks Private Limited, Inspira Global’s food and beverage arm. In addition to acquiring the entire 11.26% shareholding of QSR Asia Pte. Ltd. for nearly ₹460 crore, Inspira Global proposes to infuse around ₹900 crore through a preferential allotment of equity shares and around ₹600 crore through the preferential allotment of warrants.
These transactions will trigger an open offer to public shareholders of RBA, the company said.
US-based Fidelity Investments, through its arm Fidelity Securities Fund, Fidelity Blue Chip Growth Fund, offloaded 2,36,97,487 shares, representing a 1.94% stake in Aditya Birla Lifestyle Brands Ltd (ABLBL), as per the bulk deal data on the BSE.
The shares were disposed of at an average price of ₹110 apiece, taking the deal value to ₹260.67 crore.
Details of the buyers of ABLBL's shares could not be ascertained on the exchange.
The company's PAT (profit after tax) stood at ₹11 crore during the corresponding period of the previous fiscal.
In a regulatory filing, Rallis India said the quarter included exceptional items -- the additional gratuity provision on account of Wage Code implementation.
During the third quarter of FY26, the company reported a 19% growth in revenue at ₹623 crore compared to ₹522 crore in the same period of the previous year, driven primarily by strong volume growth across businesses.
The miner will have a licence for the block over a five-year period, the company informed stock exchanges.
The development is considered a key step in the miner’s diversification into the strategic critical mineral segment.
The joint venture will be established with Unimech holding a controlling 51% stake and YBA Kanoo holding 49%, and will operate under the name “YBAK Unimech Advanced Manufacturing Solutions”, Unimech said in a statement.
Unimech is an Indian precision engineering and manufacturing company specialising in high-precision components and advanced machining solutions for the aerospace, defence, and industrial sectors.
The company had posted a net profit of ₹335 crore in the October-December quarter a year ago, according to a regulatory filing by United Spirits Ltd (USL).
Its revenue from operations rose 2.71% to ₹7,942 crore in the December quarter under review. It was ₹7,732 crore in the corresponding period of the previous fiscal.
USL’s total expenses stood at ₹7,442 crore, up 2.56% in the December quarter.
Net profit stood at ₹29.87 crore in the same quarter of the previous fiscal, according to a regulatory filing.
Total income rose 14.51% to ₹1,063.47 crore during October-December FY26 compared with ₹928.66 crore a year ago.
Expenses remained higher at ₹954.97 crore as against ₹887.07 crore.
"During the quarter, we delivered healthy revenue growth. Profitability expanded at a meaningfully faster pace, supported by stronger gross margins and improved operating leverage," TBZ Chairman and Managing Director Srikant Zaveri said.
The company had clocked a net profit of ₹67.14 crore in October-December FY25, it said in an exchange filing.
Total income fell to ₹125.04 crore from ₹158.12 crore in the year-ago quarter. Income from interest trimmed to ₹110.06 crore from ₹156.70 crore.
A part of PTC India, the company is engaged in the business of providing financing solutions to companies with projects in the power sector and related areas.
The company posted a net profit of ₹52.23 crore in the October-December period a year ago, according to a regulatory filing from Shoppers Stop, the retail firm promoted by the Raheja family.
Its revenue from operations was marginally up 2.63% to ₹1,415.82 crore in the December quarter. It was at ₹1,379.47 crore a year ago.
Revenue from operations declined to ₹3.48 crore in the quarter ended December 31, 2025, from ₹8.16 crore a year ago, as per a regulatory filing.
The company, through its subsidiary Medpro Pharmaceutica, has entered into an exclusive licence and supply agreement with ImmunoACT.
As part of this collaboration, ImmunoACT will manufacture the product, and Cipla will commercialise it in the licensed African territories, thereby expanding access to this new treatment to markets currently with unmet needs, the Mumbai-based drug major said in a statement.
The company had posted a net profit of ₹121 crore during the October-December period a year ago, according to a regulatory filing from Indiamart Intermesh Ltd (IIL).
Revenue from operations was up 13.35% to ₹401.6 crore in the December quarter. It was ₹354.27 crore in the year-ago period.
The bank's net profit rose to ₹586.73 crore in the latest third quarter from ₹531.51 crore recorded in the corresponding three-month period of the previous financial year, according to an official statement.
The bank's board of directors approved the quarterly results for the third quarter and the nine months of the ongoing fiscal year during a meeting.
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In the year-ago period, the profit was ₹372.99 crore.
The Pune-headquartered firm’s revenue from operations rose 23.37% to ₹3,778.20 crore in Q3 FY26, from ₹3,062.28 crore in Q3 FY25.
During the quarter, Persistent registered a one-time impact of ₹89 crore from the implementation of the new labour codes.
On a sequential basis, the company’s profit fell 6.7% while revenue rose 5.5%.
The company has also acquired a land parcel of 22,988 square metres at TSIIC, Hardware Park Phase II in Hyderabad, it said in an exchange filing.
AMSL said it would invest ₹30,000 lakhs (₹300 crore) in a new electronics and electromechanical manufacturing facility.
"The company proposes to undertake the capital expenditure for the development of the aforesaid site into an integrated facility for the manufacturing, assembly, integration and testing of weapon system platforms such as Grad rockets, anti-submarine warfare rockets, anti-tank mines, artillery munitions and other similar products," the filing said.
The Jaipur-based bank had posted a profit after tax of ₹528 crore in the corresponding period last year.
The total income of the bank rose 16% to ₹3,065 crore during the quarter under review from ₹2,641 crore in the same period of last year, AU Small Finance Bank said in a regulatory filing.
Consolidated net profit stood at ₹19 crore in the quarter ended December 2024, a company statement said.
Revenue from operations rose to ₹1,106 crore in the latest third quarter from ₹1,026 crore in the same period a year ago, it said, adding that the company's order book stood at 10.6 GW as of December 31, 2025.
The company has 84% domestic and 16% export orders.
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