By Soumya Ranjan Vedanta to offer Hindustan Zinc shares via OFS; Marico, PC Jeweller post strong Q3.. Here are few stocks to watch ahead of Wednesday’s trading session.
Life Insurance Corporation of India
According to a stock exchange statement, the insurance business claimed to have subscribed to 5.12 lakh Bajaj Finance Ltd. debentures, each having a face value of ₹1 lakh, totaling ₹5,120 crore. LIC further stated that neither its promoter nor its promoter group has any stake in Bajaj Finance and that the acquisition is not a related-party transaction.
Motilal Oswal Financial Services Ltd
With consolidated net profit up 5.9% YoY to ₹565.9 crore and revenue up 18% to ₹2,111.6 crore, the company reported a strong Q3FY26. The total PAT, which includes treasury and OCI gains, increased 58% year over year to ₹721 crore, while the company achieved its highest-ever operating PAT of ₹611 crore. Strong momentum in asset and private wealth management drove growth, with total AUM up 33% to ₹1.89 lakh crore and asset management PAT up 65% YoY to ₹227 crore. The company now has a 5% market share thanks to a 55% YoY increase in SIP inflows to ₹4,515 crore. The board also announced an interim dividend of ₹6 per share.
Vedanta Ltd
With a base offer of 3.35 crore shares (0.79%) and an equal number under the oversubscription option at a floor price of ₹685 per share, the company announced that it will make an Offer for Sale (OFS) on January 28–29, 2026, for up to 6.7 crore equity shares, or 1.59% of the total paid-up capital of Hindustan Zinc Ltd (HZL). The OFS, which aims to optimize HZL’s capital structure and deleverage Vedanta’s balance sheet, is open to non-retail investors on January 28 and retail investors and non-retail bidders carrying forward unallotted offers on January 29.
Marico
With net profit of ₹460 crore, which above the CNBC-TV18 poll prediction of ₹445 crore, and revenue of ₹3,537 crore, which was higher than the poll estimate of ₹3,520 crore, the company recorded a solid Q3 result. EBITDA was ₹592 crore as opposed to the projected ₹587 crore, and the margin was 16.7%, as anticipated. While margins decreased from 19.1% in the same quarter last year, net profit increased 13.3% from ₹406 crore, revenue increased 26.6% from ₹2,794 crore, and EBITDA increased 11.1% from ₹533 crore.
Vishal Mega Mart
With revenue increasing 17% to ₹3,670 crore and net profit increasing 19.1% to ₹312.9 crore from ₹262.7 crore a year earlier, the company posted a good Q3 result. While margins improved to 16.5% from 16.1% YoY, EBITDA climbed 20% to ₹605.4 crore, indicating strong operational efficiency and robust sales momentum throughout the company’s retail locations.
Spandana Sphoorty Financial Ltd
With NII increasing 12.7% YoY to ₹94.5 crore, the company reported a smaller Q3FY26 net loss of ₹83 crore compared to ₹218 crore a year earlier. Disbursements increased 27% QoQ to ₹1,188 crore, while AUM was ₹3,948 crore (down 3% QoQ).
Disclaimer: This narrative is solely intended for educational reasons. The opinions and suggestions expressed above are not those of the Times of Dalal Street, but rather those of specific analysts or broking firms. Before making any financial decisions, we suggest investors to consult with qualified specialists.
Read: Stocks To Watch for Jan 28: Vodafone Idea, ONGC, RVNL and more ( 2nd part)