Stocks to Watch, January 6: Trent Ltd, IndusInd Bank, Dabur, Kotak Bank, Axis Bank, L&T Finance, Adani Ports, GM Breweries, SAIL, IEX

The Maharatna shall subscribe to 2,00,000 equity shares, of ₹100 per share, in each of the joint venture companies. Upon completion of the equity subscription, ONGC shall hold a 50% equity stake in each of the joint venture entities, with the remaining 50% held by M/s Mitsui O.S.K. Lines Ltd., Japan.

The bank, which disclosed accounting lapses in the derivatives portfolio having financial implications of ₹1,960 crore last year, had net assets of ₹3.67 lakh crore at the end of the third quarter of the previous fiscal.

The lender also recorded a decline of 3.8% in deposits to ₹3.94 lakh crore in the reporting quarter against ₹4.09 lakh crore at the end of the third quarter of the previous financial year, IndusInd Bank said in a regulatory filing.

The Ministry of Corporate Affairs issued the Certificate of Incorporation for "Leela Imperial Suites Private Ltd" on January 5.

"The main object of the company is to own, operate, manage and develop luxury hotels and resorts under 'The Leela' brand," Leela Hotels and Resorts said in a regulatory filing.

Production returned to normal levels only by mid-November post the cyber incident. Due to this and also the time required to distribute vehicles globally once produced, wholesale and retail volumes reduced on a quarter-on-quarter and year-on-year basis.

In addition, the planned wind-down of legacy Jaguar models ahead of the launch of the new Jaguar and incremental US tariffs impacting JLR’s US exports continued to impact volumes.

The company had clocked standalone revenue of ₹4,466 crore in the corresponding period last fiscal, Trent Ltd said in a regulatory filing.

As of December 31, 2025, the company's store portfolio included 278 Westside, 854 Zudio (including 4 in the UAE) and 32 stores across other lifestyle concepts, it added.

In its update for the quarter ended December 31, 2025 (Q3 FY26), Dabur India said that in October 2025, distributors and retailers focused on liquidating the existing higher-priced inventory in the channel.

Post-trade stabilisation, consumer sentiment improved in urban and rural areas. The rural demand continued to outperform urban demand this quarter as well, the company said in a regulatory filing.

It had achieved sales of 1.5 million tonnes (MT) in December 2024, the steelmaker said in a statement.

SAIL said, "This is the best ever showing for the month of December and saw the company scale new peaks across product categories and different sales channels with significant inventory reduction."

The performance was buoyed by maintaining a strong focus on customer deliveries.

During the quarter, the exchange traded 18.63 lakh renewable energy certificates (RECs), recording a 29.8% year-on-year decline, IEX said in a statement.

The REC trading sessions were held on December 10 and December 25, at a clearing price of ₹359/REC and ₹345/REC, respectively, it said.

Day-ahead market volume decreased 2.8% to 16,250 million units (MU) during the quarter from 16,712 MU in the same period last year.

The bank’s net advances grew 16% to ₹4.80 lakh crore in Q3 FY26 as compared to ₹4.13 lakh crore in Q3 FY25. Sequentially, it rose 3.8%. The average net advances jumped 16.2% year-on-year (YoY) to ₹4.65 crore as against ₹4 lakh crore. On a quarterly basis, the average net advances surged 4%.

Its total deposit for Q3 FY26 stood at ₹5.42 lakh crore, climbing 14.6% YoY from ₹4.73 lakh crore. It rose 2.6% on a quarter-on-quarter (QoQ) basis.

In the December quarter of the previous fiscal year (Q3FY25), the firm had logged ₹15,210 crore in retail finance, it said in a regulatory filing on Monday.

"The XUV 7XO delivers an experience that rewrites the rules of high-end SUVs by elevating sophistication and technology like never before," the press release added.