Stocks to Watch today: Tata Steel, SBI, Hind Zinc, BEML, PFC, Aurobindo
Business·2026-02-09 02:55

Market Overview - Indian markets are expected to open positively, with GIFT Nifty futures quoted at 25,928, up 192 points or 0.75% as of 8:15 AM [1] - Gains in Asian share indices, including Japan's Nikkei 225 which rose over 4%, may support Indian markets [2] Company Earnings - Sula Vineyards reported a net profit decline of 67.6% year-over-year to ₹9.10 crore in Q3FY26, with revenue down 9.87% to ₹180.4 crore [4] - State Bank of India achieved a net profit increase of 24.5% year-over-year to ₹21,028 crore in Q3FY26, marking its highest quarterly profit ever, with net interest income growing 9% to ₹45,190 crore [5] - Kalyan Jewellers saw a net profit increase of 90.3% year-over-year to ₹416.30 crore in Q3FY26, with revenue up 42.12% to ₹10,343.42 crore [5][6] Corporate Developments - Tata Chemicals approved an investment of ₹515 crore in a new greenfield manufacturing facility in Tamil Nadu to expand capacity [6] - Hindustan Zinc developed a stable zinc-ion battery pouch cell prototype for renewable energy storage in collaboration with JNCAC [7][8] - IRB Infrastructure reported a total toll revenue increase of 21.4% year-over-year to ₹335.3 crore in January [9] Regulatory and Strategic Moves - Bharti Airtel has sought a moratorium on adjusted gross revenue dues similar to the relief provided to Vodafone Idea [9] - Ireda's board approved a plan to raise ₹2,994 crore through a Qualified Institutions Placement [10][12] - BEML approved a proposal to invest ₹1,500 crore for a greenfield rail manufacturing plant in Madhya Pradesh [11]

Stocks to Watch today: Tata Steel, SBI, Hind Zinc, BEML, PFC, Aurobindo - Reportify