Stocks in news: ITC, Vedanta, Paytm, Swiggy, Akzo Nobel, Tata Motors

Date:

Markets traded on high volatility for a second session and rallied more than half a percent as investor optimism returned. The Nifty index has settled at a crucial point around the 25,350 level and a decisive breakout could help extend the rebound towards the 25,600 zone, say analysts.

In today’s trade, stocks of ITC, Vedanta, Paytm, Swiggy, Akzo Nobel, Tata Motors and others will be in focus due to various news developments.

ITC, Vedanta, Adani Power, Tata Motors, Paytm, Swiggy, Canara Bank, Dabur, NTPC Green
Shares of ITC, Vedanta, Adani Power, Tata Motors, Paytm, Swiggy, Canara Bank, Dabur and NTPC Green will be in focus as the companies announce their third quarter results today.

Cochin Shipyard
State-run Cochin Shipyard reported an 18% decline in its December-quarter consolidated net profit from Rs. 177 crore against Rs. 145 crores. In the same quarter of last financial year Rs. 1,148 crore as compared to Q3 of FY26, while income from operations also increased by 18% to Rs. 1,350 crores.

GRSE

State-owned defense shipbuilder Garden Reach Shipbuilders & Engineers reported strong performance for the December quarter, with sharp growth in both profit and revenue, supported by higher execution and improved operating leverage. For the third quarter ended December 2025, the company’s net profit rose to Rs. 171 crore, compared to Rs. 98 crores.

L&T
Engineering and construction company Larsen & Toubro (L&T) reported a 4.3% decline in consolidated net profit in its December quarter to Rs. 3,215 crore was recorded, compared to Rs. 3,359 crore was recorded. Profit after tax (PAT) is attributable to the parent owners.

PNB Housing
PNB Housing Finance, after undergoing frequent leadership changes over the past half-decade, wants to focus on balancing business growth with better margins under a new leader with a proposed five-year tenure.

Inox Clean
Inox Clean Energy (ICEL), a part of Noida-based renewable energy company INOXGFL Group, has secured a 20-year loan from National Bank for Financing Infrastructure and Development (NaBFID) for Rs. 3,400 crore is being collected. The loan will be used to refinance ICEL’s debt following the acquisition of Macquarie Group’s renewable energy platform Vibrant Energy.

Maruti Suzuki
Maruti Suzuki missed market estimates with a 3.7% rise in third-quarter net profit, due to weak exports and a one-time provision to implement new labor codes, even as the country’s largest carmaker posted its best quarterly net sales on record.

JSW Energy
Sajjan Jindal-led JSW Energy is planning to set up its first nuclear power plant by 2030. The company is evaluating larger reactor technologies, including a 700-MW pressurized heavy water reactor (PHWR) as well as a larger 1,000-MW option, said a senior JSW engineer at Aam Go Engines India.

SBI Card
SBI Cards and Payment Services on Wednesday reported a jump in third-quarter profit, helped by higher consumer spending on credit cards during the Indian festive season. The company’s profit after tax rose 45% in the three months ended December 2025 to Rs. 557 crore ($60.59 million), up from Rs. 383 crores.

Max Financial
The board of Max Financial Services in its meeting discussed and gave its in-principle approval for a possible merger between the company and Axis Max Life Insurance.

Akzo Nobel
The board approved the proposal to change the name of the company from Akzo Nobel India to JSW Dulux Ltd. after obtaining approval of the name from the Ministry of Corporate Affairs.

(Disclaimer: Recommendations, suggestions, opinions and views given by experts are their own. These do not represent the views of Economic Times)

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