Indian Stocks to Watch: UPL, Waaree, Persistent, ITC Hotels, LTIMindtree, Havells, Oberoi Realty | Quick Digest

Indian Stocks to Watch: UPL, Waaree, Persistent, ITC Hotels, LTIMindtree, Havells, Oberoi Realty | Quick Digest
Key Indian stocks including UPL, Waaree Energies, Persistent Systems, ITC Hotels, LTIMindtree, Havells, and Oberoi Realty are in focus today, January 20, 2026, driven by Q3 FY26 earnings announcements, IPO filings, new orders, and market reactions to global events. Several companies reported mixed financial results.

UPL subsidiary Advanta Enterprises filed DRHP for an IPO.

Waaree Energies secured significant solar module supply orders.

Persistent Systems and LTIMindtree reported mixed Q3 earnings.

ITC Hotels board meeting to approve Q3 FY26 results today.

Havells posted Q3 results; Goldman Sachs maintains 'Buy' rating.

Oberoi Realty shares fell despite profit rise due to booking decline.

Several prominent Indian companies are under investor scrutiny on January 20, 2026, due to a variety of corporate developments and market factors. UPL's subsidiary, Advanta Enterprises, has filed a Draft Red Herring Prospectus (DRHP) with SEBI for an Initial Public Offering (IPO), with UPL planning to sell 2.81 crore shares as part of the offer for sale. Meanwhile, Waaree Energies is in focus after securing new orders, including a significant 210 MW DCR solar module supply contract and a 2000 MW order for its US arm, with a board meeting scheduled for January 21, 2026, to discuss quarterly results. In the IT sector, Persistent Systems is set to release its Q3 FY26 earnings today and has been upgraded to a 'Strong Buy' by some, reflecting improved fundamentals. However, its shares are under pressure following the Q3 earnings release, with a sequential fall in profit attributed to a one-time impact from new labor codes, and valuations being termed expensive by Citi. Similarly, LTIMindtree also reported a mixed Q3 FY26 performance, with a 30.5% quarter-on-quarter decline in net profit due to the new labor codes, leading to a significant drop in its share price. ITC Hotels is holding a board meeting today to approve its Q3 FY26 financial results. Despite a recent 'Buy' rating from Nomura with a target price of Rs 230, the stock has erased post-demerger gains and is currently in a downtrend. Havells India announced its Q3 FY26 results, showing a mixed performance with net profit slightly below expectations, though Goldman Sachs maintained a 'Buy' rating on the stock. Oberoi Realty, while reporting a marginal rise in Q3 FY26 consolidated net profit and recommending an interim dividend, saw its shares fall sharply due to investor concerns over profitability pressure and a sequential decline in bookings. Additionally, auto ancillary stocks are being watched closely amid global trade uncertainties following tariff threats by the US. The broader Indian market is anticipated to open cautiously due to these global and domestic developments.
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