Friday, January 23, 2026
Economy & Markets
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Top Stocks to Watch on Jan 20: LTIMindtree, Adani Power, Tata Capital & More

CNBC TV18
January 19, 20263 days ago
Stocks to Watch for Jan 20: LTIMindtree, Tata Capital, Adani Power, CEAT and more

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Stocks to watch include LTIMindtree with mixed Q3 results, Adani Power securing a legal victory, and Tata Capital reporting strong profit growth. Persistent Systems is set to announce its Q3 earnings. Other companies like Havells India, Oberoi Realty, and CEAT also reported their financial performances, with varying outcomes. Capri Global Capital's CEO will resign.

LTIMindtree | The company posted a mixed Q3 FY26, with net profit at ₹959.6 crore, down 30.5% sequentially and below the estimated ₹1,417 crore due to a one-time impact from new labour codes. Revenue rose 3.7% QoQ to ₹10,781 crore, slightly above estimates, while EBIT improved to ₹1,737 crore, with margins increasing to 16.1%. Dollar revenue grew 3% sequentially to $1,208 million. Adani Power | Adani Power has secured a key victory at the NCLAT, Delhi, with the tribunal dismissing appeals against its ₹4,000 crore resolution plan for Vidarbha Industries Power Limited, thereby upholding the NCLT Mumbai Bench’s approval. Tata Capital | The company reported a 19.7% QoQ rise in net profit to ₹790 crore for Q3 FY26, with NII up 44% to ₹2,541 crore. Strong AUM growth across retail, SME, and housing finance, along with robust credit demand, supported the performance. Persistent Systems | The company will announce Q3 FY26 results on January 20. Street expects steady revenue growth, with dollar revenue seen up 3.6% QoQ to $421 million and rupee revenue rising 4.8% to ₹3,751 crore, driven by BFSI and healthcare, though margins may soften. Havells India | The company reported a mixed Q3 FY26, with net profit at ₹301 crore, below estimates despite a 6.4% YoY rise. Revenue grew 14.2% YoY to ₹5,573 crore, slightly beating Street expectations. Oberoi Realty | The real estate company posted a muted performance in the December quarter, with net profit rising 0.7% year-on-year to ₹622.6 crore, supported by a 5.8% increase in revenue to ₹1,492.6 crore. EBITDA remained flat at ₹856 crore, while margins eased to 57.4% from 60.7% a year ago. The board also declared a third interim dividend of ₹2 per equity share for FY26, with January 23, 2026 set as the record date; the payout will be made on or before February 5, 2026. CEAT | The company reported a strong Q3, with net profit up 60.3% YoY to ₹155.7 crore. Revenue rose 26% to ₹4,157 crore, while EBITDA jumped 65.2%, lifting margins to 13.5%. Capri Global Capital | The company announced that CEO Monu Ratra, appointed in October 2025, will resign effective January 31, 2026, to pursue entrepreneurial ventures. Sai Silks (Kalamandir) | The firm reported a 17.4% drop in net profit to ₹38 crore in Q3 FY26, with revenue down 8.3% to ₹411 crore. EBITDA fell 12.1% to ₹69.8 crore, narrowing margins to 17% amid weaker demand and higher costs.

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    Stocks to Watch Jan 20: LTIMindtree, Adani Power & More