Stocks to Watch for Jan 20: LTIMindtree, Tata Capital, Adani Power, CEAT and more

By Admin

20 Jan, 2026

Introduction
As markets head into Tuesday’s trading session on January 20, several stocks are likely to remain in focus following quarterly earnings announcements, corporate developments, regulatory updates, and leadership changes. Companies across IT, power, financial services, real estate, manufacturing, and consumer segments have reported mixed Q3 FY26 results, offering investors key cues for near-term market movement. Below is a detailed look at the major stocks to watch.

LTIMindtree
LTIMindtree reported a mixed performance for Q3 FY26. The company posted a net profit of ₹959.6 crore, marking a sharp 30.5% sequential decline and falling below market estimates of ₹1,417 crore. The drop was largely attributed to a one-time impact arising from the implementation of new labour codes. On the revenue front, performance was relatively steady, with revenue rising 3.7% quarter-on-quarter to ₹10,781 crore, marginally beating expectations. EBIT improved to ₹1,737 crore, while margins expanded to 16.1%. Dollar revenue grew 3% sequentially to $1,208 million, reflecting stable client demand despite margin pressures.

Adani Power
Adani Power received a significant legal boost after the National Company Law Appellate Tribunal (NCLAT), Delhi, dismissed appeals against its ₹4,000 crore resolution plan for Vidarbha Industries Power Limited. The decision upholds the approval granted earlier by the NCLT Mumbai Bench, strengthening Adani Power’s position and providing clarity on the resolution process. This development is expected to be closely tracked by investors given its long-term balance sheet implications.

Aditya Birla Group
Two companies from the Aditya Birla Group are expected to see block deal activity on January 20. In Aditya Birla Lifestyle Brands, up to 3% equity may be sold via a $43 million block deal at a floor price of ₹106.14 per share, representing an 8.4% discount to the previous close. Meanwhile, in Aditya Birla Fashion and Retail, an investor is likely to offload up to 3% stake through a $32 million block deal at a floor price of ₹65.78 per share, implying an 8.5% discount to the current market price. Both transactions are described as clean-out trades, which could lead to short-term volatility.

Tata Capital
Tata Capital delivered a strong Q3 FY26 performance, reporting a 19.7% quarter-on-quarter rise in net profit to ₹790 crore. Net interest income surged 44% to ₹2,541 crore, supported by healthy growth in assets under management across retail, SME, and housing finance segments. Robust credit demand and improved lending momentum continue to underpin the company’s growth outlook.

Amber Enterprises
Amber Enterprises announced a major expansion plan after being allotted 100 acres of land by YEIDA to establish a new manufacturing facility in Sector 8 near Jewar Airport. The allotment was made on January 18, 2026. Additionally, its group company Ascent-K Circuit Pvt Ltd received 16 acres in Sector 10 for a separate unit. Together, these projects involve a phased investment of ₹6,785 crore and are expected to generate more than 3,000 direct jobs, highlighting the company’s long-term manufacturing ambitions.

Persistent Systems
Persistent Systems is set to announce its Q3 FY26 results on January 20. Street expectations point toward steady revenue growth, with dollar revenue estimated to rise 3.6% quarter-on-quarter to $421 million, while rupee revenue is projected to increase 4.8% to ₹3,751 crore. Growth is expected to be driven by the BFSI and healthcare segments, though margins may face mild pressure.

Havells India
Havells India reported a mixed set of numbers for Q3 FY26. Net profit came in at ₹301 crore, below Street estimates despite a 6.4% year-on-year increase. Revenue grew 14.2% year-on-year to ₹5,573 crore, slightly exceeding expectations. While topline growth remains healthy, profitability trends will be closely watched.

Oberoi Realty
Oberoi Realty posted a muted performance in the December quarter. Net profit rose marginally by 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% last year. The board declared a third interim dividend of ₹2 per equity share for FY26, with January 23, 2026, set as the record date and payment scheduled on or before February 5, 2026.

CEAT
CEAT delivered a strong Q3 FY26 performance, with net profit rising 60.3% year-on-year to ₹155.7 crore. Revenue increased 26% to ₹4,157 crore, while EBITDA jumped 65.2%, resulting in margin expansion to 13.5%. The robust performance reflects improved operating leverage and demand recovery.

Capri Global Capital
Capri Global Capital announced a key leadership change, stating that CEO Monu Ratra, who took charge in October 2025, will resign effective January 31, 2026, to pursue entrepreneurial ventures. The development may draw investor attention as markets assess leadership transition and strategic continuity.

Sai Silks (Kalamandir)
Sai Silks (Kalamandir) reported a weak Q3 FY26 performance. Net profit declined 17.4% year-on-year to ₹38 crore, while revenue fell 8.3% to ₹411 crore. EBITDA dropped 12.1% to ₹69.8 crore, with margins narrowing to 17%, impacted by softer demand and higher operating costs.

Deepak Nitrite
Deepak Nitrite announced that its wholly owned subsidiary, Deepak Chem Tech Ltd, has successfully commissioned its nitration and second hydrogenation plant at Dahej, Gujarat, on January 11. The project involved a capital expenditure of approximately ₹85 crore and is expected to strengthen the company’s manufacturing capabilities in specialty chemicals.

Conclusion
With earnings announcements, corporate actions, block deals, and regulatory developments shaping market sentiment, these stocks are likely to remain in focus during Tuesday’s trading session. Investors may closely track volume movements, management commentary, and broader market cues to assess near-term opportunities and risks.