Stocks to Watch today: L&T, SBI Life, ACC, Cochin Shipyard, RVNL, M&M Fin

Stocks to Watch today: SBI Life Insurance, L&T, M&M Financial Services, ACC, SBI Cards and Cochin Shipyard are among the stocks to watch today, January 29, 2026

Stocks to Watch Today, Thursday, January 29, 2026: Indian benchmark equities are set to open lower on Thursday, taking cues from global markets amid tensions between the US and Iran.

 

The early indicator of Nifty50 performance -- GIFT NIFTY -- was down 61 points at 25,362 as of 7:45 AM.

 

Most Asian stock markets traded lower amid reports that the US is considering a strike on Iran as talks of limiting the latter's nuclear program failed to advance. South Korea's Kospi was down 0.5 per cent, while Japan's Nikkei was lower by 0.3 per cent. 

 

Overnight, the S&P 500 index pared off gains after touching the record 7,002 mark as megacap tech earnings came in mixed. Further, the Federal Reserve voted to leave rates unchanged in the range of 3.5-3.75 per cent, while the Treasury Secretary Scott Bessent said the US hadn't intervened to support the yen. 

 

 

Back home, on Wednesday, the BSE Sensex settled 487.2 points or 0.6 per cent higher at 82,344.68, while the Nifty50 rose 167.35 points or 0.66 per cent to end at 25,342.75.

Meanwhile, below are some stocks to watch during today's session: 

December quarter results

SBI Life Insurance: The company reported a nearly 5 per cent year-on-year (Y-o-Y) increase in net profit at ₹577 crore in the third quarter of 2025-26 (Q3FY26). The profit in Q3FY25 had stood at ₹551 crore.

 

Larsen & Toubro: The construction major's profit for Q3FY26 declined by 4.28 per cent Y-o-Y to ₹3,215.1 crore, on a one-time material provision of ₹1,191 crore arising from the implementation of the new labour Codes.

 

Star Health and Allied Insurance: The insurer reported a 40 per cent decline in net profit at ₹128 crore for the third quarter ended December 2025. During the quarter, gross written premium improved to ₹4,624 crore as against ₹3,796 crore in the same quarter a year ago. 

 

Mahindra and Mahindra Financial Services: The non-bank lender reported a 10 per cent drop in consolidated net profit for the December quarter to ₹826 crore. Adjusted for the one-time provision on labour code and the release of the provisions in the year-ago period, the profit after tax nearly doubled to ₹907 crore. 

 

ACC: The cement maker's consolidated profit for Q3FY26 fell 62.97 per cent Y-o-Y to ₹404.21 crore, amid a high base effect from Q3FY25 and an increase in costs. ACC reported revenue of ₹6,482.98 crore for Q3FY26, up 8.56 per cent Y-o-Y.

 

SBI Cards and Payment Services: The company reported a 45 per cent jump in its consolidated net profit to ₹557 crore in Q3FY26. Its total revenue from operations increased by 11 per cent Y-o-Y to ₹5,127 crore from ₹4,619 crore in Q3FY25.

 

Cochin Shipyard: The company's Q3 FY26 consolidated revenue rose 17.7 per cent to ₹1,350 crore, but Ebitda fell 21.4 per cent, margins contracted, and net profit declined 18.3 per cent Y-o-Y.

Other stocks in focus

RIL, ONGC: The state-owned explorer Oil and Natural Gas Corporation and Reliance Industries signed an agreement to share resources for deepwater offshore operations on India's East Coast. This would mainly be across the Krishna Godavari (KG) basin and the Andaman offshore.

 

TVS Supply Chain: The company's wholly owned subsidiary, FIT 3PL Warehousing, approved the acquisition of a 100 per cent stake in Swamy & Sons 3PL for an enterprise value of ₹88 crore.

 

Biocon: The pharma major said it has received Voluntary Action Indicated status from the U.S. Food and Drug Administration for its API facility in Andhra Pradesh, following an inspection conducted in November 2025.

 

Rail Vikas Nigam, GPT Infra: RVNL–GPT joint venture has emerged as the lowest bidder from Northern Railway for the design and construction of a new rail-cum-road bridge over the Ganga near Kashi Railway Station, at a project cost of ₹1,201.36 crore.

 

Punjab & Sind Bank: The Reserve Bank of India (RBI) has permitted the lender to set up an IFSC Banking Unit in GIFT City, Gujarat, through a letter dated January 27, 2026.

 

NTPC: NTPC Green Energy Ltd. announced the commercial operation of 130.47 Megawatt (Mw), the tenth part of the 1,255 Mw Khavda-I Solar PV project in Gujarat. NTPC Group’s installed and commercial capacity will rise to 87,455 Mw and 86,375 Mw.