Stocks To Watch, Jan 28: Vedanta, Hindustan Zinc, L&T, Maruti, Vi, Cochin Shipyard, Marico, ABB India, Titagarh, textile stocks, Metro Brands

India and the European Union (EU) on Tuesday announced the conclusion of negotiations for a free trade agreement (FTA), an important milestone in one of India's most strategic economic partnerships.

Currently, the European Union is the second biggest market for India's textile and apparel exports, after the US.

The company posted a net loss of ₹6,609 crore in the year-ago period, according to a regulatory filing.

The company's subscriber base declined by 3.4% on a YoY basis to 19.29 crore from 19.98 crore. However, Vi saw an increase in postpaid and 4G/5G subscribers.

The company's postpaid subscriber base increased by 14.2% to 2.88 crore from 2.52 crore a year ago. The 4G and 5G subscriber base increased to 12.85 crore from 12.6 crore on a YoY basis.

It had posted a net profit of ₹456 crore in the year-ago period.

The company's operating profit after tax (PAT) stood at ₹611 crore, marking a rise of 16% on a year-on-year basis and a 10% growth sequentially.

Its total net revenue rose 11.3% to ₹1,497 crore, Motilal Oswal Financial Services (MOFSL) said in a regulatory filing.

In the asset management segment, its PAT increased by 65% year-on-year to ₹227 crore.

Its total assets under management (AUM) climbed 33% to ₹1.89 lakh crore.

It had posted a net profit of ₹406 crore in the October-December period a year ago, according to a regulatory filing by Marico.

However, Marico's consolidated revenue from operations rose 26.6% to ₹3,537 crore in the December quarter of FY26. It was at ₹2,794 crore in the corresponding period a year ago.

This revenue growth was led by an "underlying volume growth of 8 per cent in the India business and constant currency growth of 21% in international business," said an earnings statement from Marico, which owns popular brands like Saffola, Parachute, and Livon.

E-commerce and omni-channel sales grew 24% during the quarter, contributing 12% of revenue, compared to 11% in Q3 FY25.

For 9M FY26, digital sales grew 35%, accounting for 13% of revenue.

During Q3 FY26, the company opened 35 new stores and closed 11. Over the nine-month period, 100 new stores were added, offset by 18 closures, reflecting a calibrated approach to network expansion.

During the quarter, 29 gross stores were added, with no store closures.

The OFS will be conducted over two trading days via a separate window of the stock exchanges on January 28 and January 29, 2026, from 9:15 a.m. to 3:30 p.m. IST on both days.

Non-retail investors: January 28, 2026 (T day).

Retail investors and non-retail investors opting to carry forward unallotted bids: January 29, 2026 (T+1 day).

Under the agreement, ABB India will support the design, manufacture, supply, testing, installation supervision and commissioning of propulsion systems, along with the transfer of technology for the train control and monitoring system (TCMS) for 25 kV AC metro applications, the TRSL informed the bourses.

The framework also provides for a gradual transfer of manufacturing and co-production of converters and traction motors, it said.

Titagarh Rail has already secured a contract to supply 240 coaches – 132 cars for Line 5 and 108 cars for Line 6 of the Mumbai Metropolitan Region Development Authority (MMRDA) metro projects.

Its net profit stood at ₹147.96 crore in the year-ago period.

Total income grew to ₹900.51 crore in the October-December period of this fiscal year from ₹683.44 crore seen in the corresponding period of the preceding year, according to a regulatory filing.

PC Jeweller MD Balram Garg said the company has posted a resilient operational performance in the third quarter of this fiscal year, "driven by continued consumer demand during the festive and wedding season."

On the balance sheet front, Garg said the company continues to make steady progress towards its stated objective of becoming debt-free.

Its net profit stood at ₹135.52 crore in the year-ago period.

Total income rose to ₹832.76 crore in the October-December period of this fiscal year from ₹674.47 crore in the corresponding period of the preceding year, according to a regulatory filing.

The company's net operating income rose 29% to ₹671 crore during the December quarter from ₹522 crore in the year-ago period.

The company announced distribution of ₹378 crore for the December quarter, up 20% from the year-ago period.

The centre in Londrina, Brazil, will be a major delivery and innovation centre and create 1,600 new jobs, as per a statement.

The Tata group company -- India's biggest IT services player -- said this is one of its largest investments in Latin America, and the centre is expected to be completed by 2027.

A groundbreaking ceremony for the facility was attended by Carlos Roberto Massa Júnior (Ratinho Júnior), the Governor of the State of Paraná in Brazil, and TCS's country head for Brazil, Bruno Rocha.

The power major, which forayed into the retail home automation segment last year, is targeting one crore households with IoT-enabled converters and other products as part of a rapid expansion strategy, its renewable and automation head Kaushik Sanyal said.

"We are growing at around 60 per cent, but growth will be unprecedented with this device. My aim is to take this to one crore households," Sanyal said at the launch of the company's EZ Home Automation Solutions in Kolkata.

Tata Power currently operates in nine cities and plans to expand to 100 cities within three years, Sanyal said.

The company has commissioned a ₹4,500-crore facility for flat-rolled products and battery-grade aluminium foil production.

Aluminium products serve as essential raw materials for lithium-ion batteries in EVs and energy storage systems. These investments align with the Centre's push to boost domestic manufacturing.