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Stocks to watch: Shares of firms like HDFC Bank, Trent, Axis Bank, Adani Power, Dabur, ONGC, Torrent Pharma, and others will be in focus on Wednesday’s trade
Stocks To Watch Today, January 7
Stocks to Watch on Wednesday, January 7, 2026: Markets ended Tuesday’s session on a subdued note, extending the mild corrective phase after scaling record highs. Analysts continue to remain constructive on the benchmarks, noting that the recent dip appears to be part of the broader prevailing uptrend.
Quarterly results today:
Galaxy Agrico Exports, Mahesh Developers, Premier Energy and Infrastructure, and Siddheswari Garments are scheduled to announce their quarterly earnings today.
Tata Steel, JSW Steel:
The steelmakers are yet to receive any ruling from India’s competition watchdog on allegations of cartelisation. While the Competition Commission of India’s (CCI) director general has reportedly found around 35 steel companies to have prima facie engaged in cartelisation, the regulator has not accepted or rejected the findings so far.
Reliance Industries:
The Mukesh Ambani-led conglomerate strongly denied reports of Russian crude being imported into its Jamnagar refinery, calling them “blatantly untrue” and damaging to its reputation. The company informed stock exchanges that there is no connection between recent movements in its share price and such reports.
Titan Company:
The Tata Group firm reported strong performance, with domestic business growing 38 per cent year-on-year and international business surging 79 per cent. Consumer business rose 40 per cent YoY, while the company added 54 domestic stores and two international outlets, taking the total store count to 3,433. Its watch business grew 13 per cent, eyecare business 16 per cent, and jewellery business 41 per cent.
Oil and Natural Gas Corporation (ONGC):
ONGC said its senior management, including Director (Technology & Field Services) Vikram Saxena, along with Crisis Management Team experts, has taken over operational control of Well Mori-5 at Irusumanda in Malkipuram Mandal following the incident at the site. The company noted a gradual reduction in the flame’s intensity and size.
YES Bank:
The private sector lender has received approval from the National Securities Depository (NSDL) to transfer its demat undertaking under the retail segment to its subsidiary, YES Securities (India).
Indian Energy Exchange (IEX):
The power trading platform clarified that no order or direction has been passed by the Electricity Appellate Tribunal (APTEL) on market coupling by the Central Electricity Regulatory Commission (CERC). The statement came after IEX shares rallied up to 13 per cent and follows submissions by CERC’s counsel before APTEL, with the next hearing scheduled for January 9.
Meesho:
The e-commerce company will see the end of a one-month shareholder lock-in on Wednesday, January 7. As per Nuvama Alternative & Quantitative Research, about 109.9 million shares—around 2 per cent of the company’s outstanding equity—will become eligible for trading, valued at approximately Rs 1,973 crore at current market prices.
Lodha Developers:
The real estate firm reported a 25 per cent YoY rise in pre-sales to Rs 5,620 crore, while collections declined 17 per cent YoY to Rs 3,560 crore for the quarter ended December 31, 2025. During the period, the company added five new projects with a gross development value of Rs 33,800 crore across MMR, NCR and Bengaluru.
Jubilant FoodWorks:
The quick-service restaurant operator posted a 13.4 per cent YoY increase in consolidated revenue from operations to Rs 2,438.7 crore in the December 2025 quarter. Domino’s India reported like-for-like growth of 5 per cent and added 75 new stores, taking the total store count to 2,396.
IRB Infrastructure Developers:
IRB Infrastructure Trust, an associate of the company, has received a letter of award from NHAI for the tolling, operation, maintenance and transfer of the Chandikhole–Bhadrak section of NH-16 in Odisha. The trust will pay an upfront concession fee of Rs 3,087 crore for a revenue-linked concession period of 20 years.
Pidilite Industries:
Pidilite Ventures (PVPL), a subsidiary of Pidilite Industries, has transferred its entire stake in Pepperfry to TCC Concept in a 100 per cent share-swap transaction. Following the deal, PVPL holds a 2.20 per cent stake in TCC, while the promoters and promoter group of PVPL have no interest in TCC.
Biocon:
The pharmaceutical company said its subsidiary will showcase three new oncology biosimilars at an upcoming healthcare conference in the US. The move signals Biocon’s strategic push to expand its oncology portfolio and strengthen its presence in the global biosimilars market.
Fino Payments Bank:
The bank announced the rollout of a next-generation Core Banking System as part of its digital transformation programme. Migration to the new Finacle platform is scheduled between January 8 and January 10, during which all banking services will remain unavailable.
Mahindra & Mahindra (M&M):
Mahindra has launched the XUV 3XO EV, expanding its electric vehicle lineup with a city-focused electric SUV. Priced from Rs 13.89 lakh, the model offers Level 2 ADAS, connected car features, strong performance and premium comfort and safety features.
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January 07, 2026, 08:01 IST
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