Stocks to Watch Today, January 22: Eternal, Waaree Energies, BOI, Apollo Hospital Among 10 Share in Focus Today

Waaree Energies

Waaree Energies reported a significant performance for the quarter ended December 31, 2025, with consolidated net profit surging 116% year-over-year to ₹1,062.50 crore and revenue increasing by 118.8% to ₹7,565 crore.

The company is holding a conference call today, January 22, 2026, at 3:30 PM IST with analysts and institutional investors to discuss its Q3 results and future outlook.

Eternal

Eternal Limited, the parent company of brands like Zomato and Blinkit, reported a 73% year-over-year (YoY) jump in consolidated net profit to ₹102 crore for the third quarter of fiscal year 2026 (Q3 FY26). The company’s revenue from operations soared over 201% YoY to ₹16,315 crore, a surge largely driven by an accounting change in the quick commerce business.

The quick commerce (Blinkit) and B2B restaurant supply (Hyperpure) segments both achieved adjusted EBITDA profitability for the first time. Blinkit reported an adjusted EBITDA profit of ₹4 crore for the quarter.

Food delivery net order value (NOV) growth continued to recover, increasing 16.6% YoY, while quick commerce NOV growth remained robust at 121% YoY.

CESC

a subsidiary of CESC, CESC Green Power Limited, signed a Memorandum of Understanding (MoU) with the Governor of Uttar Pradesh. The agreement involves a planned investment of approximately ₹3,800 crore to establish a 3 GW solar cell/module manufacturing plant and a 60 MW solar power generation facility.

Biocon

Biocon Ltd, has recently completed the acquisition of the remaining stake in its subsidiary, Biocon Biologics, from Mylan Inc. (Viatris), bringing its total ownership to approximately 98%. The final $200 million cash payment was completed on January 21, 2026, as part of a larger deal to fully integrate the biologics business into the parent company.

Bank of India

Bank of India reported a net profit of ₹2,705 crore for the third quarter of fiscal year 2026, a 7.4% increase compared to the year-ago period. This was primarily driven by growth in non-interest income & bank’s asset quality improved significantly, with the share of gross Non-Performing Assets (NPA) in total advances bettering to 2.3% in the December 2025 quarter from 3.8% a year earlier. Net NPA also improved to 0.6%.

Apollo Hospitals

The Competition Commission of India (CCI) recently approved Apollo Hospitals’ acquisition of an additional 30.58% stake in its subsidiary, Apollo Health and Lifestyle Limited (AHLL), which will bring its total ownership to 99.42%. This move aims to consolidate retail healthcare operations and improve operational efficiencies.

The company is on track with a significant expansion plan involving a total investment of approximately ₹6,100 crore to add 3,500 beds across India by FY26. Key projects include new facilities in Mumbai and Pune, and the expansion of existing hospitals in Lucknow and Gurugram, including a new oncology center.

Chalet Hotels

HDFC Mutual Fund increased its stake in Chalet Hotels from 4.99% to 7.05% through open market purchases on various dates, indicating strong institutional confidence.

The company has been in an expansion mode, recently acquiring a resort property in Udaipur for ₹171 crore and launching its new premium lifestyle brand, Athiva Hotels & Resorts. The development pipeline includes new hotels under brands like Hyatt Regency and Taj at various locations.

5Paisa Capital

The board of directors approved a proposal to raise funds up to ₹500 crore through various instruments like equity shares, debt issues, or private placements. This is a strategic initiative to strengthen the company’s capital base.

Tata Steel Ltd

The Orissa High Court has extended interim protection for Tata Steel in an ongoing mining dispute involving demand notices totaling over ₹4,313 crore. The court has restrained authorities from taking any coercive action against the company until the next hearing, scheduled for January 29, 2026.

KEI Industries

KEI Industries reported strong Q3 FY26 results with a 42.5% jump in net profit to ₹234.8 crore, driven by a robust 19.5% increase in revenue from its core cables and wires business. The board also declared an interim dividend of ₹4.50 per share.