Stocks in News Today: Meesho, Bajaj Auto, Adani Green, IDBI Bank, Delhivery

Markets traded with a downside bias on Friday and ended lower, weighed down by mixed global cues and caution ahead of the Union Budget. With all eyes on the Union Budget, analysts expect heightened volatility during the special trading session on Sunday and suggest preferring a hedged approach.

In today's trade, shares of Meesho, Bajaj Auto, Adani Green, IDBI Bank, Delhivery among others will be in focus due to third quarter results and various news developments.

IDFC First Bank

Private sector lender IDFC First Bank on Saturday reported a 48% year on year rise in net profit to Rs 503 crore for the third quarter on FY26, compared with Rs 339 crore in the same period last year. Net interest income or NII grew 12% year on year to Rs 5,492.4 crore, up from Rs 4,902 crore in the corresponding quarter a year ago.

Sun Pharma
Pharma major Sun Pharmaceuticals on Saturday reported a consolidated net profit of Rs 3,369 crore in the third quarter of FY26, marking a sharp 16% jump from Rs 2,903 crore it posted in the same quarter last year. The company’s revenue from operations jumped 13.5% to Rs 15,520 crore.

Bajaj Auto
Two-wheeler major Bajaj Auto on Friday reported 19% year-on-year (YoY) growth in its consolidated net profit at Rs 2,503 crore. Revenue from operations to rose 19% YoY to 15,220 crore, driven by record quarterly volumes and a richer mix.

Meesho
Meesho's consolidated net losses for the December ended quarter ballooned 13X to Rs 491 crore compared to a loss of Rs 37 crore in the year ago period. The December-listed e-commerce company though reported a 32% year-on-year jump in its revenue in Q3FY26 to Rs 3,518 crore versus Rs 2,674 crore posted in the corresponding quarter of the last financial year.

Ambuja Cement
Cement major Ambuja Cement reported a 91% decline in its December quarter consolidated net profit at Rs 204 crore compared to Rs 2,158 crore reported in the year ago period. The profit after tax (PAT) is attributable to the owners of the parent.

SBI
State Bank of India (SBI) chairman CS Setty has called for a level playing field between bank deposits and equity investments on tax treatment calling for an end to special tax treatment to equity investments as the (equity) market is more mature (now).

Adani Green
Adani Green Energy on Saturday issued another clarification regarding the civil case filed by the US Securities and Exchange Commission against its directors Gautam Adani and Sagar Adani in a federal court in the United States, stressing that the company itself is not a party to the proceedings and that no charges have been brought against it.

IDBI Bank
The Centre has set a post-Budget deadline to receive bids for offloading stake in IDBI Bank, ET reported. The move marks the final phase of the divestment exercise formally launched in October 2022. Bids can be submitted till the first week of February.

Delhivery
Delhivery independent director and chairman of its board Deepak Kapoor has resigned from his position with effect from April 1 as a part of the logistics company’s planned board reconstitution, according to a filing made with the exchanges.