The global indices, along with GIFT Nifty, indicate that the domestic indices will open on a lower note. Here are updates on all the stocks making headlines. You can check these stocks to stay informed about all key developments.
Earlier on Wednesday, the NSE Nifty 50 closed the session 167 points or 0.66% higher at 25,343, while the BSE Sensex rose 487 points or 0.60% to close at 82,345.
Stocks to watch on January 29, 2026
Larsen & Toubro
Larsen & Toubro (L&T) posted a 4.3% decline in net profit in the third quarter of FY26 at Rs 3,215 crore compared with Rs 3,359 crore in the year-ago period. Analysts estimated a profit of Rs 4,494 crore. The profit came down because of an exceptional item of Rs 1,191 crore pertaining to provisions for gratuity liability of its workforce under the new labour codes. Without the exceptional item, PAT was at Rs 4,400 crore – a 31% year-on-year (YoY) growth – the company said.
Star Health and Allied Insurance
Star Health and Allied Insurance Company reported a 40% YoYdecline in net profit to Rs 128 crore for the third quarter, even as gross premium income rose 22% to Rs 4,624 crore, aided by higher retail health insurance policy sales following the GST rate cut. Total expenses, including commissions and claims payouts, increased 14% YoY to Rs 4,375 crore in Q3FY26.
ONGC
Oil And Natural Gas Corporation (ONGC) is aiming to collaborate with ExxonMobil to jointly bid for India’s hydrocarbon blocks in the upcoming bidding rounds under the Open Acreage Licensing Policy (OALP), the company’s Director (Exploration), O P Sinha, said. “We are in talks with ExxonMobil…and we are looking at possibilities of joint bidding in upcoming OALP rounds,” Sinha told reporters on the sidelines of India Energy Week.
Maruti Suzuki India
Maruti Suzuki India (MSIL) reported a 4% YoY increase in net profit at Rs 3,794 crore for the third quarter of FY26, compared with Rs 3,659 crore in the corresponding quarter last year. The performance, however, fell short of the Bloomberg estimate of Rs 4,416 crore. The reported profit includes a one-time exceptional charge of Rs 593.9 crore related to the implementation of new labour codes that came into effect last year. Revenue from operations rose sharply by around 29% YoY to Rs 49,891.5 crore in Q3 FY26, up from Rs 38,752.3 crore in the year-ago period.
Vodafone Idea
Aditya Birla Group Chairman Kumar Mangalam Birla on Wednesday said Vodafone Idea can finally move out of survival mode and begin planning for sustainable growth after the long-running adjusted gross revenue (AGR) dispute was resolved, marking what he described as a structural reset for the company and the wider telecom sector.
Cochin Shipyard
Cochin Shipyard reported an 18% YoY profit decline in the third quarter of FY26. The company reported a consolidated net profit of Rs 144 crore in Q3 FY26. The shipbuilder’s consolidated net profit in Q3 FY25 was at Rs 176 crore. While the state-owned company’s profit slipped in the quarter, its revenue from operations grew by 17.6% on a yearly basis. Cochin Shipyard posted a consolidated revenue of Rs 1,350 crore in Q3 FY26, compared to a revenue of Rs 1,147 crore in the corresponding quarter of the previous fiscal year.
Sagility
Sagility reported strong growth in its third quarter, with net profit rising 23.37% to Rs 267.6 crore from Rs 216.9 crore a year ago, while revenue surged 35.7% to Rs 1,971.1 crore from Rs 1,453 crore in the same period. EBITDA grew 30.4% to Rs 511 crore, with margins at 25.9%, slightly down from 26.9% last year. The company noted that 2026 is expected to be a consolidation phase for Medicare, with reduced participation in low-margin, high-utilisation populations.
RVNL
Rail Vikas Nigam-GPT JV has emerged as the lowest bidder (L1) for a major infrastructure project awarded by Northern Railway for the design and construction of a new rail-cum-road bridge over the river Ganga in Varanasi, Uttar Pradesh. The total project cost is Rs 1,201.36 crore, inclusive of all taxes. Under the joint venture, Rail Vikas Nigam holds a 60% stake, while GPT Infra Projects holds the remaining 40%. The project involves the construction of New Rail Cum Road Bridge No. 11, located about 50 metres downstream of the existing Malviya Bridge near Kashi Railway Station.
GPT Infraprojects
GPT Infraprojects reported a 6% YoY decline in net profit for the third quarter, with profit at Rs 20.1 crore compared with Rs 21.4 crore in the corresponding period last year. Revenue for the quarter rose 2.1% YoY to Rs 283.9 crore from Rs 278 crore a year ago. EBITDA increased 11.7% to Rs 38.2 crore during the quarter, compared with Rs 34.2 crore in Q3 of the previous year. Operating margin improved to 13.4% from 12.3% in the same quarter last year.
Balkrishna Industries
Balkrishna Industries reported a mixed performance for the December quarter on Wednesday, January 28, with net profit declining 14.98% YoY to Rs 382.15 crore, compared with Rs 449.48 crore in the year-ago period, even as revenues and operating earnings posted steady growth. Revenue from operations rose 6.9% YoY to Rs 2,736.8 crore in Q3, up from Rs 2,560.3 crore last year.