Stocks in news: Vodafone Idea, Hindustan Zinc, Vedanta, Marico, Vishal Mega Mart, Maruti and L&T

Indian benchmark indices closed on a mixed note on Tuesday, with the Nifty ending higher on strong buying in financials, IT and metal stocks, even as selling pressure in auto and FMCG names weighed on the Sensex. The Nifty added 126.75 points, or 0.51%, to settle at 25,175.40, while the BSE Sensex rose 319.78 points, or 0.39%, to close at 81,857.48.

When markets resume trading today, Vodafone Idea, Hindustan Zinc, Vedanta, Marico, Vishal Mega Mart Maruti Suzuki and Larsen & Toubro (L&T) will be in focus due to various related developments.

Vodafone Idea, Hindustan Zinc, Vedanta, Marico, Vishal Mega Mart, Maruti Suzuki and Larsen & Toubro (L&T)


Vodafone Idea
Vodafone Idea narrowed its consolidated losses to Rs 5,286 crore in Q3FY26 versus Rs 6,609 crore in the year ago period. The telecom company's revenue from operations for the quarter stood at Rs 11,323 crore, up 2% over Rs 11,117 crore in the corresponding quarter of the last financial year.

The customer Average Revenue Per User (ARPU) increased to Rs 186 in Q3FY26 compared to Rs 173 in Q3FY25, a YoY increase of 7.3% primarily supported by customer upgrades. The company's total subscriber base stood at 192.9 million.

Vedanta / Hindustan Zinc
Vedanta Limited on Tuesday approved the sale of up to 1.59% stake representing up to 6.7 crore equity shares in its subsidiary Hindustan Zinc Limited (HZL) by way of an offer for sale (OFS). Vedanta has set the floor price for the OFS at Rs 685 per share.

The two-day OFS will open on Wednesday, January 28 and will take place on a separate window of the stock exchanges from 9:15 a.m. to 3:30 p.m. The issue will open for non-retail investors on Wednesday and for retail investors (defined below) and those non-retail investors who choose to carry forward their unallotted bids to January 29, 2026.

Motilal Oswal
Motilal Oswal Financial Services (MOFSL) reported a marginal uptick in its Q3 consolidated net profit on Tuesday at Rs 566 crore versus Rs 565 crore in the year ago period. The total revenue from operations rose 6% to Rs 2,112 crore in the December quarter versus Rs 1,993 crore in the year-ago period. The company announced an interim dividend of Rs 6 per share. The record date is January 31, 2026.

Marico
FMCG major Marico reported a consolidated net profit of Rs 447 crore in Q3FY26 versus Rs 399 crore in the year ago period. It was up 12% YoY. The revenue from operations stood at Rs 3,537 crore in the October-December quarter, up 27% from Rs 2,794 crore in Q3FY25.

Vishal Mega Mart
Retail chain Vishal Mega Mart reported a consolidated net profit of Rs 313 crore in Q3FY26 versus Rs 263 crore in the year ago period. It was up 19% YoY. The revenue from operations stood at Rs 3,670 crore in the October-December quarter, up 17% from Rs 3,136 crore in Q3FY25.

Maruti Suzuki
India's largest passenger car maker, Maruti Suzuki India Limited (MSIL), is expected to report a strong set of numbers for the December quarter, led by robust volume growth, an improving product mix and operating leverage. Brokerages are penciling-in healthy double-digit growth across revenue, profitability and operating metrics on a year-on-year as well as sequential basis, even as margins show mixed trends.

Maruti Suzuki, the maker of the Grand Vitara and Baleno, is expected to post a 24–35% year-on-year rise in net profit for the October–December quarter, as per estimates from four brokerages, which peg the bottom line in the range of Rs 4,540 crore to Rs 5,696 crore. Revenue is seen growing 32–37% during the quarter to Rs 50,765 crore–Rs 52,706 crore, according to the estimates.

L&T
Engineering and construction conglomerate Larsen & Toubro (L&T) is expected to report a strong December-quarter performance, supported by steady execution, operating leverage and a robust order book. The company is expected to report a net profit growth in a wide range of 20%-35% between Rs 4,038 crore and Rs 4,548 crore, according to estimates from four brokerages.

They also anticipate a double-digit growth in revenue and EBITDA, while emphasising on the need to track management commentary on order inflows, margins and execution momentum.

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