Indian equity markets are expected to witness stock-specific movements on Thursday, January 22, as investors react to a busy mix of quarterly earnings announcements, management changes, regulatory approvals and policy-related updates. With the broader indices remaining range-bound in recent sessions, company-specific triggers are likely to dominate trading sentiment.
Stocks to Watch Today – January 22
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Eternal: Q3 results came in above estimates. Deepinder Goyal to step down as CEO; Albinder Dhindsa to take over.
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Dr Reddy’s Laboratories: EBITDA and margins reported above estimates. Company expects semaglutide launch in Canada between January and March 2026.
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Shriram Finance: Fitch placed the company’s ‘BB+’ ratings on Rating Watch Positive.
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Bank of India: Loan growth reported at 13.6%, in line with guidance of 13–14%. Net interest income rose 6.4% year-on-year.
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Nestlé India: Supreme Court dismissed the Income Tax Department’s appeal related to a ₹101 crore tax claim.
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JSW Steel: Received Competition Commission of India approval for the Bhushan Power and Steel deal with JFE Steel Corporation, Japan.
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Oracle Financial Services Software: Revenue increased 10% quarter-on-quarter. Returned to double-digit revenue growth after four quarters.
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Waaree Energies: EBITDA rose 37.2% quarter-on-quarter. Margin improved to 25.5% from 23.2%.
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Canara HSBC Life Insurance: Total APE increased 37.4%. Value of new business rose 66% year-on-year.
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Bajaj Consumer Care: Revenue grew 30.5% year-on-year. Net profit increased 83.4% year-on-year.
