The Indian stock market is expected to open higher on Thursday, following a rally in global markets on signs of cooling geopolitical tensions over Greenland. The trends on Gift Nifty also indicate a gap-up opening for benchmark indices, Nifty 50 and Sensex today.
In today’s trading session, a slew of companies will be on investors’ radar. The stocks to watch today, 22 January 2026, include , , Dr Reddy’s Laboratories, Biocon, (HPCL), CESC, among others.
Here are key stocks to watch today:
Eternal
Eternal’s consolidated net profit in Q3FY26 rose 73% YoY to ₹102 crore, while revenue from operations jumped 201% YoY to ₹16,315 crore. The company said that Deepinder Goyal resigned as the Managing Director and Chief Executive Officer of the company, effective February 1. Goyal will take on a new role as the Vice Chairman & Director on the Board.
Dr Reddy’s Laboratories
Pharma major Dr Reddy’s Laboratories reported a 14% YoY fall in its consolidated net profit to ₹1,210 crore in Q3FY26, while revenues rose 4% YoY to ₹8,727 crore.
Biocon
said it completed the acquisition of the remaining 7.18 crore equity shares of Biocon Biologics from Mylan Inc. for $200 million. After the acquisition, the company holds approximately a 98% stake in Biocon Biologics.
Senco Gold
The company’s board approved an investment of ₹68 crore to acquire a 68% equity stake in August Jewellery, the parent company of fast-fashion jewellery brand Melorra.
HPCL
The state-run oil refiner’s net profit in Q3FY26 rose 58% to ₹4,011 crore from ₹2,544 crore, while revenue grew 5% to ₹1.24 lakh crore from ₹1.18 lakh crore over the corresponding period of the last financial year.
Waaree Energies
Waaree Energies’ Q3 net profit jumped 115.6% YoY to ₹1,062.5 crore and revenue surged 118.8% YoY to ₹7,565 crore, while EBITDA increased 167% to ₹1,928 crore. The company said its execution is on track across adjacencies, becoming a fully integrated energy transition player.
Lemon Tree Hotels
signed a licence agreement for Lemon Tree Premier, Omkareshwar, Madhya Pradesh. The hotel will be managed by its subsidiary, Carnation Hotels.
CESC
The company’s subsidiary, CESC Green Power, has entered into a MoU with the government Uttar Pradesh for establishment of 3 GW Solar Cell/module plant, 60 MW of Solar Power Plant and ancillary units, Research & Development Lab and other infrastructural facilities in Uttar Pradesh with an investment of around ₹3,800 crore.
PNB Housing Finance
The company’s Q3FY26 standalone net profit rose 10.5% to ₹521 crore from ₹471.4 crore, while net interest income (NII) increased 12.8% to ₹757 crore from ₹671.2 crore, YoY.