PVR-Marico Deal & Other Stocks in News: What to Watch Today?

The Indian stock market reopened on 27 January 2026, after the long weekend. On 23 January, i.e., the previous trading session, the market witnessed broad-based selling. The Nifty 50 slipped 241.25 points (0.95%) to close at 25,048.65. Similarly, the Sensex shed 769.67 points (0.94%) to end at 81,537.70.

With the trading day resumed after the long weekend, the focus is now on a list of strategic announcements. Major stocks such as Axis Bank and UltraTech Cement have already released their Q3 numbers. Here are some key numbers in focus for these and other stocks:

• Axis Bank has reported a standalone net profit of ₹6,490 Cr.
• UltraTech saw a 32% YoY surge in PAT to ₹1,792 Cr.
• PVR Inox made headlines with an all-cash divestment deal valued at ₹226.8 Cr.
• MCX (Multi Commodity Exchange of India Ltd) reported a 151% jump in consolidated net profit to ₹401 Cr.

There is more such stock news in focus. Volatility is expected ahead of the Union Budget. But the investors now face an important question: will these earnings prints provide enough support to defend the Nifty levels?

Can Corporate Earnings Revive the Market?

Since the last few months, the stock market seems to be facing the impact of global geopolitical uncertainties. The movements of major indices can likely be dictated by the financial health of giants reporting this week.

Asian Paints is the main focus on 27 January. As per analysts, the company might deliver a stable performance for the December 2025 quarter. They are projecting Asian Paints’ revenue to rise moderately.

Vodafone Idea is another company to focus on. The telecom operator is expected to have a muted (lower) revenue growth. There can be marginal improvements in Average Revenue Per User (ARPU). As per analysts, its net losses estimates might significantly widen.

On the banking front, Axis Bank and Kotak Mahindra Bank have some news on stability. Reportedly, both private lenders have a steady single-digit year-on-year growth in net profits and Net Interest Income (NII).

Among the news that occurred over the weekend, UltraTech Cement delivered a strong set of numbers with strong volume growth.

Finally, the MCX surprised the street with more than doubling its operational revenue and profit. Its growth was driven by high trading volumes.

The Recent Deals to Focus On

There are a number of corporate actions that can influence specific stock movements.

PVR Inox has made a decisive move to streamline its portfolio. It is planning to sell its entire stake in the gourmet popcorn brand, 4700BC, to Marico. With this all-cash transaction, PVR can make its exit from the packaged foods space after a decade. For Marico, this acquisition aligns with its strategy to increase its footprint in the healthy snacking and packaged foods segment. This deal can help PVR monetise non-core assets. It can also provide Marico with a recognised brand for its product diversification.

In the technology space, HCL Technologies is continuing its expansion with a definitive agreement to acquire Singapore-based Finergic Solutions. The aim of this move is to strengthen HCL’s digital transformation capabilities, specifically within the wealth management domain. The completion of this transaction is expected in the coming months.

In the renewable energy sector, Waaree Renewable Technologies is making aggressive moves to acquire a majority stake in Associated Power Structures. Furthermore, this deal is coming at a time when there are consolidation (acquisition of smaller and more fragmented companies by larger companies) trends visible across industries.

Lastly, Torrent Pharma has increased its equity ownership in JB Chemicals, and** Hindustan Copper** has emerged as the preferred bidder for a new mineral block in Madhya Pradesh.

Market Takeaways

The Union Budget 2026 is on the horizon. So, here is what investors can take note of from these stocks in focus:

• Axis Bank and Kotak Bank’s continued steady compounding can help manage volatile markets.
• Asian Paints’ results on 27 January can determine the health of the rural and urban demand for consumption goods.
• PVR Inox’s exit from 4700BC unlocks cash, while Marico’s entry can signal a long-term bullish view on packaged foods.
• Vodafone Idea’s widening losses reaffirm the risks associated with debt-heavy telecom plays.

Source:

MSN News

Economic Times