Stocks To Watch Today: Infosys, Wipro, L&T Tech, HDFC Life, TCS

Several stocks such as Jio Financial Services, Angel One, L&T Tech, among others will be in focus as the market reacts to their significant corporate developments.

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Stocks such as Wipro Ltd., Infosys Ltd., Tata Consultancy Services Ltd., Biocon Ltd., and Kernex Microsystems (India) Ltd. will be on focus on Friday as the market reacts to their significant corporate developments.

Here are the notable corporate announcements that came after Wednesday's market hours:

Stocks In News

  1. TCS: Completed acquisition of 100% stake of Coastal cloud holdings.
  2. Biocon: The company concludes an equity fundraise of Rs. 4,150 crore via QIP. SBI Mutual Fund and ICICI Prudential Mutual Fund each acquire over 5% stake, while Mirae Asset Mutual Fund also gets over 5% stake.
  3. Kernex Microsystems: The company receives an order worth Rs. 2,466 crore from Chittaranjan Locomotive Works to supply KAVACH locomotive equipment.
  4. Prestige Estates: The company launches a residential project in Bengaluru with a gross development value (GDV) of Rs. 5,000 crore.
  5. Reliance Power: SEBI initiates a forensic audit of the company.
  6. Deepak Fertilisers: Maharashtra tax authority reduces penalty to Rs. 96 crore from Rs. 478 crore.
  7. Zen Technologies: The company receives orders worth Rs. 404 crore from the Defence Ministry, including Rs. 332 crore for anti-drone systems.
  8. Zydus Lifesciences: The company receives final approval from the US FDA for Eltrombopag tablets, used to treat low platelet count. (Also: The company's arm completes acquisition of two biologics units of Agenus).
  9. HBL Engineering: The company did not receive any order from the 6,300-unit Kavach locomotive tender this week. Total expected locomotive demand reduces to 12,129 units.
  10. Cipla: The company's arm, Cipla USA, pauses production of Lanreotide and expects re-supply to resume in H1 FY27.

Earnings In Focus

Central Bank of India., Federal Bank Ltd., Himadri Speciality Chemical Ltd., JB Chemicals & Pharmaceuticals Ltd., Jindal Saw Ltd, JSW Infrastructure Ltd., Kesoram Industries Ltd., L&T Finance Ltd., Polycab India Ltd., Poonawalla Fincorp Ltd., Reliance Industries Ltd., SML Mahindra Ltd., Sobha Ltd., Tata Technologies Ltd., Tech Mahindra Ltd., Leela Palaces Hotels & Resorts Ltd, Wipro Ltd.

Earnings Post Market Hours

1. Infosys

Key takeaways

Numbers in line with estimates; profits misses, down 10%

One time impact of New Labour Codes dragging profits by Rs.1289 crrore

QoQ CC growth at0.6% vs 2.2% in Q2

Co upgrades FY26 rev guidance to 3%-3.5% (vs 2%-3%)

Large Deal TCV up 56% QoQ at $4.8bn

Attrition down 200 bps at 12.3% vs 14.3 for Q2.

Q3FY26 Cons QoQ

Revenue up 2.22% at Rs 45479 crore versus Rs 44490 crore (Est: Rs.45,098.19 Cr)

Ebit up 1.34% at Rs 9479 crore versus Rs 9353 crore (Est: Rs.9,537.77 crore)

Ebit margin down 18 bps at 20.84% versus 21.02% (Est :21.15%)

Net profit down 9.64% at Rs 6654 crore versus Rs 7364 crore (Est: Rs. 7376.90 crore)

Adj profit up 2.8% at Rs.10,518 crore versus Rs.10,229 crore

Guidance, Hiring & Attrition Commentary

Co upgrades FY26 rev guidance to 3%-3.5% (vs 2%-3%)

Maintained margin guidance at 20-22% for FY26

Attrition down 200 bps at 12.3% vs 14.3 for Q2

Headcount up 5,043 in Q3; 18,000 freshers hired in FY26

HDB Financial (Cons, YoY)

Calculated NII up 22% at Rs 2,285 crore versus Rs 1,872 crore

Profit up 36.3% at Rs 644 crore versus Rs 472 crore

Q3 EARNINGS - ICICI PRU AMC (QOQ)

Total Income up 8.9% at Rs 1,624 crore versus Rs 1,491 crore

Profit up 9.8% at Rs 917 crore vs Rs 835 crore

To pay interim dividend of Rs 14.85 per share

Waaree Renewable (Cons, YoY)

Revenue at Rs 851 crore versus Rs 360 crore

EBITDA at Rs 159 crore versus Rs 71.9 crore

Margin at 18.7% versus 20%

Net Profit at Rs 120 crore versus Rs 54 crore

Sterling & Wilson Q3 FY26 (Cons, YoY)

Revenue up 13.9% at Rs 2,092 crore versus Rs 1,837 crore

EBITDA down 4.8% at Rs 66.9 crore versus Rs 70.3 crore

Margin at 3.2% versus 3.8%

Net Loss at Rs 2.8 crore versus Rs 14.8 crore profit

Swaraj Engines Q3 FY26 (YoY)

Revenue up 37% at Rs 473 crore versus Rs 346 crore

EBITDA up 36.6% at Rs 479 crore versus Rs 351 crore

Margin at 101.2% versus 101.5%

Net Profit up 31.8% at Rs 42.1 crore versus Rs 32 crore

DB Corp Q3 FY26 (Cons, YoY)

Revenue down 5.8% at Rs 605 crore versus Rs 643 crore

EBITDA down 23.7% at Rs 135 crore versus Rs 177 crore

Margin at 22.3% versus 27.6%

Net Profit down 19.2% at Rs 95.5 crore versus Rs 118 crore

To pay second interim dividend of Rs 2/share

South Indian Bank Q3 FY26 (YoY)

Net Profit up 9.5% at Rs 374 crore versus Rs 342 crore

NII up 1% at Rs 881 crore versus Rs 869 crore

Operating Profit up 10.5% at Rs 584 crore

Provisions at Rs 80.4 crore versus Rs 66.1 crore

Net NPA at 0.45% versus 0.56% (QoQ)

Gross NPA at 2.67% versus 2.93% (QoQ)

360 ONE WAM Q3 FY26 (Cons, QoQ)

Revenue up 7.6% at Rs 1,181 crore versus Rs 1,098 crore

EBITDA up 4.1% at Rs 725 crore versus Rs 697 crore

Margin at 61.4% versus 63.5%

Net Profit up 3.7% at Rs 327 crore versus Rs 315 crore

Emmvee Photovoltaic Q3 FY26 (Cons, YoY)

Revenue up 118% at Rs 1,152 crore versus Rs 528 crore

EBITDA up 105% at Rs 413 crore versus Rs 202 crore

Margin at 35.9% versus 38.2%

Net Profit up 166% at Rs 263 crore versus Rs 99.2 crore

Nuvoco Vistas Q3 FY26 (Cons, YoY)

Revenue up 12.1% at Rs 2,701 crore versus Rs 2,409 crore

EBITDA up 48.6% at Rs 384 crore versus Rs 258 crore

Margin at 14.2% versus 10.71%

Net Profit at Rs 49.1 crore versus loss of Rs 61.4 crore

L&T Technology Q3 FY26 (Cons, QoQ)

Revenue down 1.9% at Rs 2,924 crore versus Rs 2,980 crore

EBIT up 7.3% at Rs 427 crore versus Rs 398 crore

Margin at 14.6% versus 13.4%

Net Profit down 7.9% at Rs 303 crore versus Rs 329 crore

Jio Financial Q3 FY26 (Cons, YoY)

Total Income up 100.7% at Rs 901 crore versus Rs 449 crore

Net Profit down 8.8% at Rs 269 crore versus Rs 295 crore

HDFC Life Q3 FY26 (Cons, YoY)

Net Premium Income up 9% at Rs 18,351 crore versus Rs 16,831 crore

Net Profit down 0.8% at Rs 418 crore versus Rs 421 crore

Solvency Ratio at 180% versus 175% (QoQ)

Angel One Q3 FY26 (Cons, QoQ)

Revenue up 11.1% at Rs 1,335 crore versus Rs 1,202 crore

EBITDA up 27.4% at Rs 529 crore versus Rs 415 crore

Margin at 39.7% versus 34.6%

Net Profit up 26.9% at Rs 269 crore versus Rs 212 crore

To pay first interim dividend of Rs 23/share

Sets Jan 21 as the record date for interim dividend

Board approves 10-for-1 stock split

Fedbank Financial Q3 FY26 (YoY)

Total Income up 4.4% at Rs 556 crore versus Rs 532 crore

Net Profit up 369% at Rs 87.9 crore versus Rs 18.8 crore

Delta Corp Q3 FY26 (Cons, YoY)

Revenue down 7.3% at Rs 160 crore versus Rs 173 crore

EBITDA down 30.3% at Rs 24.1 crore versus Rs 34.6 crore

Margin at 15% versus 20%

Net Profit down 60% at Rs 14.3 crore versus Rs 35.7 crore

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