Key Stocks to Watch on January 19, 2026: BHEL, IRFC, HDFC Bank, ICICI Bank, and More

Stocks to Watch Today (January 19, 2026): Indian equity markets are expected to remain volatile on Monday due to a heavy result calendar, key banking earnings, regulatory actions in aviation and power markets, and multiple corporate developments. Financials, real estate, cement, and infrastructure stocks will remain in focus.

BHEL, LTIMindtree, and Oberoi Realty will announce their December-quarter results after market hours. Punjab National Bank, Hindustan Zinc, Havells India, and IRFC will also announce their quarterly earnings today.

Indian Energy Exchange will remain in focus as the next APTEL hearing in the market coupling case is scheduled today. The outcome remains a key overhang for power trading stocks.

Shree Digvijay Cement’s offer for sale will close today. The floor price is set at Rs 92.20 per share.

IDBI Bank reported mixed Q3FY26 results. Net interest income fell 24 per cent year-on-year to Rs 3,209 crore. Net profit rose marginally by 1 per cent to Rs 1,935 crore. Asset quality improved sequentially, with GNPA at 2.57 per cent and NNPA at 0.18 per cent.

Poonawalla Fincorp posted strong Q3FY26 earnings. Net interest income surged 50 per cent, while profit jumped over seven times to Rs 150 crore. Asset quality remained stable. The company plans to raise around Rs 5,500 crore via QIP and other routes and nearly Rs 20,000 crore through debt in FY27.

Can Fin Homes delivered healthy Q3FY26 numbers. NII rose 23 per cent, while profit increased nearly 25 per cent year-on-year. Provisions rose sharply on a low base, though asset quality remained stable.

Sobha reported weak Q3FY26 results. Revenue declined 23 per cent year-on-year, while profit fell 29 per cent due to lower margins and higher costs.

GMR Airports reported mixed traffic trends. December passenger traffic declined 1.9 per cent year-on-year, while aircraft movements rose 2.2 per cent. Q3 passenger traffic grew 2.6 per cent.

InterGlobe Aviation faced pressure after DGCA imposed penalties of around Rs 22.20 crore for multiple regulatory violations. The regulator also ordered a bank guarantee of about Rs 50 crore, which will be returned after corrective measures.

Maruti Suzuki announced a Rs 35,000 crore investment for a new plant in Gujarat with an annual capacity of 10 lakh vehicles. Separately, Zee Business sources said the company may hike vehicle prices by 1–1.25 per cent from February 1.

GR Infraprojects emerged as the lowest bidder for an NTPC project worth about Rs 487 crore related to battery energy storage systems.

HDFC Bank reported mixed Q3FY26 results. Net interest income and profit were below estimates, though margins and asset quality remained stable. Slippages increased sequentially, while deposits and advances saw double-digit growth.

ICICI Bank posted healthy operational performance, though profit declined due to higher provisions. The bank also made additional standard asset provisions following RBI directions. Asset quality improved sequentially.

RBL Bank delivered mixed Q3FY26 numbers. Profit surged sharply year-on-year, helped by lower provisions, though quarterly provisioning rose.

Yes Bank reported strong Q3FY26 results. Profit jumped 55 per cent year-on-year, supported by a sharp decline in provisions and steady asset quality.

L&T Finance posted solid Q3FY26 earnings. Net interest income and profit grew in double digits, while asset quality improved marginally.

Himadri Speciality Chemical reported strong Q3FY26 performance, with profit rising 36 per cent year-on-year on better margins.

JB Chemicals delivered healthy growth in revenue, EBITDA, and profit during the quarter, with margin expansion.

JSW Infrastructure posted double-digit revenue growth, though margins moderated slightly year-on-year.

Netweb Technologies reported sharp sequential growth in Q3FY26, driven by strong execution and operating leverage.

Both PSU banks, Punjab & Sind Bank and UCO Bank, reported steady Q3FY26 performance, with improvement in asset quality and growth in profit.

Concord Control Systems’ subsidiary received a Rs 47 crore order from NTPC related to green hydrogen locomotive systems.

Rail Vikas Nigam was declared L1 bidder for an Rs 87.55 crore project from South Eastern Railway.

Ambuja Cements commissioned a brownfield grinding unit expansion in Rajasthan, taking its total cement capacity to 108.85 MTPA.

Narayana Hrudayalaya formed a new subsidiary, Narayana Healthcare North, to expand its hospital and healthcare services business.

Protean eGov Technologies’ MD and CEO, Suresh Sethi, resigned, effective March 31. V Easwaran will take charge as interim CEO from April 1.

Asian Paints reduced its stake in its Dubai-based joint venture, Asian White Cement Holding, from 70 per cent to 60 per cent.

Power Grid Corporation’s subsidiary commissioned a transmission system for the evacuation of solar power in Rajasthan.

Aequs formed a joint venture to build an unmanned aerial vehicle manufacturing platform in India, focusing on defence and aerospace.