Stocks in news: Meesho, ITC, Paytm, Nestle, Vedanta, Tata Consumer

Indian markets saw a slight rise on Thursday amidst mixed signals. Key companies like Paytm and ITC released their third-quarter financial results. Paytm reported a significant profit jump, while ITC's profit remained flat. Tata Motors experienced...

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In today's trade, shares of Meesho, ITC, Paytm, Nestle, Vedanta, Tata Consumer among others will be in focus due to various news developments and third quarter results.

Markets remained volatile but managed to edge higher amid mixed cues on Thursday. Analysts say the Nifty continues to hover around the long-term moving average, the 200 DEMA, with the ongoing tussle reflecting indecision at these levels.

"Having crossed the immediate hurdle around 25,350, the index now appears poised to inch towards the 25,600 zone. Strength in the banking index is playing a key role in the rebound, with other sectors providing support on a rotational basis," said Ajit Mishra of Religare Broking.

In today's trade, shares of Meesho, ITC, Paytm, Nestle, Vedanta, Tata Consumer among others will be in focus due to various news developments and third quarter results.


NTPC, Meesho, Bajaj Auto, Nestle, Power Grid, Bank of Baroda, Ambuja Cements, Tata Investment
Shares of NTPC, Meesho, Bajaj Auto, Nestle, Power Grid, Bank of Baroda, Ambuja Cements and Tata Investment will be in focus as the companies will announce their third quarter results.

Paytm
Financial services technology platform Paytm on Thursday reported a consolidated net profit of Rs 225 crore in the third quarter. This compares with a loss of Rs 208 crore in the year-ago period. On a sequential basis, profit jumped 971% from Rs 21 crore posted in the preceding September quarter.

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ITC
FMCG major ITC's December quarter consolidated net profit stood at Rs 4,931 crore, flat compared to Rs 4,935 crore reported in the year ago period. The profit after tax (PAT) is attributable to the owners of the parent. The company's revenue from operations stood at Rs 21,707 crore in Q3FY26, up 7% over Rs 20,350 crore posted in the corresponding period of the last financial year.

Tata Motors
Tata Motors Limited (TMCV) reported a 48% decline in its December quarter consolidated net profit at Rs 705 crore compared to Rs 1,355 crore reported in the year ago period. The company's revenue from operations stood at Rs 21,847 crore in Q3FY26, up 16% over Rs 18,819 crore posted in the corresponding period of the last financial year.

Swiggy
Food delivery and quick commerce company Swiggy reported a consolidated net loss of Rs 1,065 crore which was higher from Rs 799 crore reported in the year ago period. The profit after tax (PAT) is attributable to the owners of the company.

Vedanta
Vedanta moved the division bench of the Delhi High Court challenging a 2011 arbitral award that declared its shareholders' agreement with the government on the transfer of shares of Bharat Aluminium Company (Balco) as void.
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Tata Consumer Products' (TCPL) proposed acquisition of Danone India has hit a roadblock with negotiations stalling after it failed to align with TCPL's strategic expectations, derailing a deal that was expected to be announced at the company's January 27 earnings call.

Dabur
Dabur India reported a 7% rise in its December quarter consolidated net profit at Rs 560 crore compared to Rs 522 crore reported in the year ago period. The profit after tax (PAT) is attributable to the owners of the holding company. The company's revenue from operations stood at Rs 3,559 crore in Q3FY26, up 6% over Rs 3,355 crore posted in the corresponding period of the last financial year.
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(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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