The GIFT Nifty indicates that the domestic indices will open on a flat note. Here are updates on all the stocks that made headlines ahead of the budget. You can check these stocks to stay informed about all key developments.
Earlier on Wednesday, the NSE Nifty 50 closed the session 19 points or 0.07% higher at 25,954, while the BSE Sensex dropped 40 points or 0.05% to close at 84,233.
Stocks to watch, February 12, 2026
LIC
The government has created a special window for Foreign Direct Investment (FDI) of up to 20% in Life Insurance Corporation of India (LIC) through changes in the FDI Policy. This FDI in LIC has been allowed through the automatic route. The amendments to the FDI Policy by the Department for Promotion of Industry and Internal Trade (DPIIT) through Press Note 1 of 2026. The changes in the policy would also allow for FDI up to 100% in an insurance company through an automatic route.
LG Electronics
LG Electronics India reported a sharp drop in consolidated net profit, hit by weaker demand in home appliances, especially in the post-festive period. The company posted a 61.6% year-on-year (YoY) fall in net profit to nearly Rs 90 crore in Q3FY26. Its revenue from operations fell 6.4% YoY to Rs 4,114 crore, against a Bloomberg consensus estimate of Rs 4,330 crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) declined 42.4% YoY to Rs 196 crore as operating expenses remained elevated, sector analysts said. Street estimates had pegged Q3 EBITDA at Rs 323 crore.
Ashok Leyland
Ashok Leyland reported its highest-ever quarterly net profit of Rs 796 crore in the third quarter, driven by strong growth across vehicle segments in domestic and export markets. The commercial vehicle major had posted a net profit of Rs 762 crore in the year-ago period. Standalone revenue from operations rose 22% YoY to Rs 11,478 crore in the October–December quarter. Higher raw material costs pushed total expenses up 20% to Rs 10,220 crore.
Adani Green Energy
TotalEnergies has sold a 1.7% stake in Gautam Adani-led Adani Green Energy during the fourth quarter of CY25. While no reason was disclosed by TotalEnergies for selling the AGEL stake, block deal data showed that TotalEnergies Renewables sold 2.86 crore equity shares of the Adani group company for Rs 2,778.09 crore. The transaction price was Rs 970 per share.
After the latest transaction, TotalEnergies’ holding in Adani Green Energy declined to 17.25% from 18.99%. TotalEnergies, through its two affiliates, TotalEnergies Solar Wind Indian Ocean and TotalEnergies Renewables Indian Ocean, owned stakes in the renewable energy firm of Adani Group.
AstraZeneca Pharma
AstraZeneca Pharma India reported a sharp 39% YoY rise in revenue for the quarter ended December 2025, supported by consistent performance across its core therapy areas, even as profitability metrics weakened. Its revenue for Q3 FY26 stood at Rs 611.5 crore compared with Rs 440.2 crore in the year-ago period. Net profit rose 5.9% YoY to Rs 32.6 crore in Q3FY26 from Rs 30.8 crore last year.
Federal Bank
The Federal Bank said it has received approval from the Reserve Bank of India (RBI) allowing ICICI Prudential Asset Management Company, along with group entities of ICICI Bank, to acquire an aggregate holding of up to 9.95% of the bank’s paid-up share capital or voting rights.
Lenskart
Lenskart Solutions’ profit rose more than three-fold in the December quarter, driven by robust sales of eyewear, particularly to new customers. Net profit for the quarter rose 237% YoY to Rs 132.7 crore, while revenue from operations jumped 37% to Rs 2,307 crore. The company sold nearly nine million eyewear units in Q3, 30% more than the same period last year, as it aggressively expanded its eye-testing services. In its largest market, India, Lenskart conducted 5.5 million eye tests in the quarter, 60% more than a year ago.
Pearl Global
Pearl Global Industries, the country’s largest listed garment exporter, expects the US share of its exports to fall below 50% as part of its risk-mitigation strategy. The shift will be supported by rising business from the European Union (EU) and the UK following recent trade agreements, along with growing traction in markets such as Australia and Japan.
Oberoi Realty
I Ven Realty, a joint venture between Mumbai-based Oberoi Realty (ORL), its promoter Vikas Oberoi, and another entity, has signed a hotel management contract and branding and marketing agreement with Switzerland-based Aman Group for a luxury hotel and residential project in the Worli area of Mumbai. ORL holds 39.13% stake, 39.13% held by Oberoi and 21.74% is held by Alpha Wave Ventures in the special purpose vehicle (the JV company).
Kirloskar Oil Engines
Kirloskar Oil Engines posted robust third-quarter results, driven by healthy growth in both revenue and profitability. The company’s net profit jumped 56.2% YoY to Rs 111.4 crore, up from Rs 71.3 crore in the same period last year. Revenue rose 29.2% to Rs 1,872.6 crore from Rs 1,449.3 crore a year ago. EBITDA grew 31.3% to Rs 331.5 crore, compared with Rs 252.5 crore in the year-ago quarter.