< -5%

-5% to -3%

Sika Interplant

Taal Tech

Data Patterns

NIBE

Zen Tech

Azad Eng

Jaykay Ent

Unimech Aerospa

Astra Microwave

Bharat Dynamics

MTAR Tech

Krishna Defence

Paras Defence

Axiscades Tech

-3% to 0%

Taneja Aerospac

C2C Advanced

Bharat Elec

Apollo Micro Sy

Hindustan Aeron

Rossell Techsys

0% to 3%

3% to 5%

20% of Nifty 50 stocks had flat or negative 3-year CAGR returns by Jan 19, Many index heavyweights underperformed fixed deposits over the same period, Analysts suggest shifting focus from mature firms to higher-growth businesses

* 20% of Nifty 50 stocks had flat or negative 3-year CAGR returns by Jan 19
* Many index heavyweights underperformed fixed deposits over the same period
* Analysts suggest shifting focus from mature firms to higher-growth businesses

One in five Nifty 50 stocks, including major firms like TCS, Infosys, and Reliance, posted flat or negative three-year CAGR returns, underperforming fixed deposits. Analysts suggest shifting focus to higher-growth companies or diversified investment options.

shorts/business/one-fifth-of-nifty-50-stocks-see-flat-to-negative-returns-over-three-years

* 20% of Nifty 50 stocks had flat or negative 3-year CAGR returns by Jan 19
* Many index heavyweights underperformed fixed deposits over the same period
* Analysts suggest shifting focus from mature firms to higher-growth businesses

One in every five stocks in India’s benchmark Nifty 50 index has delivered flat to negative returns on a three-year compound annual growth rate (CAGR) basis for the period ending January 19, highlighting prolonged underperformance among several index heavyweights, even as many of these companies continue to rank among the country’s most highly valued firms.

Stocks that have recorded weak performance during this period include HDFC Bank, Tata Consultancy Services, Infosys, Reliance Industries ltd,  ITC Ltd, Kotak Mahindra Bank, Hindustan Unilever, Adani Enterprises, Tata Motors Passenger Vehicles, Asian Paints and HDFC Life Insurance.

Interestingly, if investors had parked their money in fixed deposits offered by  state-run banks during this period, they would have earned higher returns than those generated by many of these stocks.

Tata Consultancy Services, the largest IT services company,  has posted negative three-year CAGR returns of 2.1 percent. Infosys has delivered gains of around 3 percent over the same period, while Hindustan Unilever has recorded negative CAGR returns of nearly 3 percent. Reliance Industries, India’s largest company by market capitalisation, has generated a three-year CAGR of about 4.6 percent.

HDFC Bank, India’s largest bank by mcap, has delivered returns of just 4 percent over the past three years, while Kotak Mahindra Bank has generated gains of about 6.5 percent during the same period. Adani Enterprises has declined sharply, posting negative returns of nearly 14 percent. ITC, India’s largest cigarette maker, has delivered largely flat CAGR returns, while Asian Paints has slipped close to 1.3 percent. Tata Motors Passenger Vehicles has seen returns fall by around 5 percent over the three-year period.

<img class="alignnone size-full wp-image-13779985" src="https://images.moneycontrol.com/static-mcnews/2026/01/20260120020457_One-in-five-Nifty-50-stocks.png" alt="One in five Nifty 50 stocks" width="700" height="988" />

Meanwhile, the Nifty 50 index has delivered returns of around 12 percent during this period.

Veteran investor Shankar Sharma, founder of GQuant Investech, said most large-cap companies primarily serve domestic markets and operate traditional business models, with the double-digit nominal GDP growth being their primary growth driver.

He said large companies are proxies for nominal GDP growth, as their revenues and profits are closely linked to it. Sharma said growth rates of large companies are not even matching nominal GDP growth, raising questions over whether the linkage between GDP growth and corporate profits has weakened or whether underlying nominal GDP growth is closer to corporate profit growth of around 5 to 6 percent. Shankar Sharma and independent research analyst Deepak Jasani spoke with Moneycontrol on January 19.

Meanwhile, mutual funds (MFs) continued to invest in these stocks despite subdued performance. MFs’ total investment as of December 2025 in HDFC Bank stood at around Rs 3.37 lakh crore, the highest among all listed companies, while their exposure to Reliance Industries was about Rs 1.99 lakh crore.

MF investments in Infosys and Tata Consultancy Services were valued at around Rs 1.35 lakh crore and Rs 64,216 crore, respectively. Holdings in Kotak Mahindra Bank and ITC stood at around Rs 92,550 crore and Rs 81,731 crore, while investments in Hindustan Unilever and Asian Paints were around Rs 34,201 crore and Rs 28,372 crore respectively. Together, these 10 stocks account for nearly 20 percent of total mutual fund equity assets.

Independent research analyst Deepak Jasani said as businesses mature and their size becomes very large, return potential tends to diminish, as companies with large sales and balance sheets find it difficult to grow at the same pace as smaller firms.

Jasani said investors should consider reducing exposure to mature companies and shift toward higher-growth businesses. He added that instead of focusing on individual stock selection, investors may prefer diversified baskets such as indices or mutual fund schemes, where fund managers can rotate capital from low-growth companies to higher-growth companies. He said investors seeking higher returns must allocate a higher proportion of capital to equities but must also be clear about investment horizon and portfolio composition.

Some analysts said it is difficult to predict if these stocks would continue to underperform going ahead, though periods of prolonged underperformance are often followed by some degree of mean reversion. They added that any recovery could be used to reduce exposure, as companies with very large bases are unlikely to sustain strong performance over long periods.

Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

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MCD is a wholly owned subsidiary of Network 18 Media & Investments Ltd ("Network18"), in which Independent Media Trust (IMT) holds 56.89% stake. Reliance Industries Limited ("RIL") is the sole beneficiary of IMT. Network18 and RIL and their subsidiaries, joint ventures and associates can be considered as associates of MCD.

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One-fifth of Nifty 50 stocks see flat to negative returns over three years

One in every five stocks in India’s benchmark Nifty 50 index has delivered flat to negative returns on a three-year compound annual growth rate (CAGR) basis for the period ending January 19, highlighting prolonged underperformance among several index heavyweights, even as many of these companies continue to rank among the country’s most highly valued firms.

Stocks that have recorded weak performance during this period include HDFC Bank, Tata Consultancy Services, Infosys, Reliance Industries ltd,  ITC Ltd, Kotak Mahindra Bank, Hindustan Unilever, Adani Enterprises, Tata Motors Passenger Vehicles, Asian Paints and HDFC Life Insurance.

Interestingly, if investors had parked their money in fixed deposits offered by  state-run banks during this period, they would have earned higher returns than those generated by many of these stocks.

Tata Consultancy Services, the largest IT services company,  has posted negative three-year CAGR returns of 2.1 percent. Infosys has delivered gains of around 3 percent over the same period, while Hindustan Unilever has recorded negative CAGR returns of nearly 3 percent. Reliance Industries, India’s largest company by market capitalisation, has generated a three-year CAGR of about 4.6 percent.

HDFC Bank, India’s largest bank by mcap, has delivered returns of just 4 percent over the past three years, while Kotak Mahindra Bank has generated gains of about 6.5 percent during the same period. Adani Enterprises has declined sharply, posting negative returns of nearly 14 percent. ITC, India’s largest cigarette maker, has delivered largely flat CAGR returns, while Asian Paints has slipped close to 1.3 percent. Tata Motors Passenger Vehicles has seen returns fall by around 5 percent over the three-year period.



Meanwhile, the Nifty 50 index has delivered returns of around 12 percent during this period.

Veteran investor Shankar Sharma, founder of GQuant Investech, said most large-cap companies primarily serve domestic markets and operate traditional business models, with the double-digit nominal GDP growth being their primary growth driver.

He said large companies are proxies for nominal GDP growth, as their revenues and profits are closely linked to it. Sharma said growth rates of large companies are not even matching nominal GDP growth, raising questions over whether the linkage between GDP growth and corporate profits has weakened or whether underlying nominal GDP growth is closer to corporate profit growth of around 5 to 6 percent. Shankar Sharma and independent research analyst Deepak Jasani spoke with Moneycontrol on January 19.

Meanwhile, mutual funds (MFs) continued to invest in these stocks despite subdued performance. MFs’ total investment as of December 2025 in HDFC Bank stood at around Rs 3.37 lakh crore, the highest among all listed companies, while their exposure to Reliance Industries was about Rs 1.99 lakh crore.

MF investments in Infosys and Tata Consultancy Services were valued at around Rs 1.35 lakh crore and Rs 64,216 crore, respectively. Holdings in Kotak Mahindra Bank and ITC stood at around Rs 92,550 crore and Rs 81,731 crore, while investments in Hindustan Unilever and Asian Paints were around Rs 34,201 crore and Rs 28,372 crore respectively. Together, these 10 stocks account for nearly 20 percent of total mutual fund equity assets.

Independent research analyst Deepak Jasani said as businesses mature and their size becomes very large, return potential tends to diminish, as companies with large sales and balance sheets find it difficult to grow at the same pace as smaller firms.

Jasani said investors should consider reducing exposure to mature companies and shift toward higher-growth businesses. He added that instead of focusing on individual stock selection, investors may prefer diversified baskets such as indices or mutual fund schemes, where fund managers can rotate capital from low-growth companies to higher-growth companies. He said investors seeking higher returns must allocate a higher proportion of capital to equities but must also be clear about investment horizon and portfolio composition.

Some analysts said it is difficult to predict if these stocks would continue to underperform going ahead, though periods of prolonged underperformance are often followed by some degree of mean reversion. They added that any recovery could be used to reduce exposure, as companies with very large bases are unlikely to sustain strong performance over long periods.

Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Stocks in focus on Jan 20: LTIMindtree, Ceat, Aditya Birla Fashion, Aditya Birla Lifestyle, UPL, HPCL, Amber Enterprises, Sanghvi Movers

* Stocks in focus on Jan 20: LTIMindtree, Ceat, Aditya Birla Fashion, Aditya Birla Lifestyle, UPL, HPCL, Amber Enterprises, Sanghvi Movers

shorts/business/stocks-to-watch-today-ltimindtree-ceat-aditya-birla-fashion-aditya-birla-lifestyle-upl-hpcl-amber-enterprises-sanghvi-movers-in-focus-on-20-january

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, order wins, and appointments, here’s a quick look at which stocks will be in focus in today's trade:

<a href="https://www.moneycontrol.com/markets/earnings/" target="_blank">Results Today</a>

ITC Hotels, AU Small Finance Bank, Canara Robeco Asset Management Company, CreditAccess Grameen, Cyient DLM, Gujarat Gas, IndiaMART InterMESH, Jammu &amp; Kashmir Bank, Persistent Systems, Rallis India, SRF, Tata Teleservices (Maharashtra), United Spirits, and Vikram Solar will announce their quarter earnings today.

<a href="https://www.moneycontrol.com/markets/earnings/" target="_blank">Quarterly Earnings</a>

<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/ltimindtree/LI12" target="_blank">LTIMindtree</a> Q3 (Consolidated YoY)

Profit falls 11.7% to Rs 959.6 crore Vs Rs 1,086.7 crore

Revenue increases 11.6% to Rs 10,781 crore Vs Rs 9,660.9 crore

New labour code charges stand at Rs 590.3 crore Vs Nil

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-nbfc/tatacapital/TCL06" target="_blank">Tata Capital</a> Q3 (Consolidated YoY)

Profit grows 20.4% to Rs 1,264.7 crore Vs Rs 1,050.4 crore

Net interest income jumps 20.5% to Rs 3,314.8 crore Vs Rs 2,749.8 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/electric-equipment/havellsindia/HI01" target="_blank">Havells</a> Q3 (Consolidated YoY)

Profit jumps 8% to Rs 300.8 crore Vs Rs 278.3 crore

Revenue soars 14.3% to Rs 5,587.9 crore Vs Rs 4,889 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/tyres/ceat/C07" target="_blank">Ceat</a> Q3 (Consolidated YoY)

Profit zooms 60.4% to Rs 155.8 crore Vs Rs 97.1 crore

Revenue surges 26% to Rs 4,157 crore Vs Rs 3,299.9 crore

Board proposed capital expenditure at company’s Chennai plant at Kannanthangal with investment of Rs 1,314 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-real-estate/oberoirealty/OR" target="_blank">Oberoi Realty</a> Q3 (Consolidated YoY)

Profit rises 0.7% to Rs 622.6 crore Vs Rs 618.4 crore

Revenue grows 5.8% to Rs 1,492.6 crore Vs Rs 1,411.1 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/ironsteel/bansalwireindustries/BWI03" target="_blank">Bansal Wire Industries</a> Q3 (Consolidated YoY)

Profit increases 3.8% to Rs 43.3 crore Vs Rs 41.7 crore

Revenue jumps 11.3% to Rs 1,029 crore Vs Rs 924.6 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/retailing/saisilkskalamandir/SSK01" target="_blank">Sai Silks (Kalamandir)</a> Q3 (YoY)

Profit drops 17.1% to Rs 38.1 crore Vs Rs 46 crore

Revenue declines 8.3% to Rs 411.3 crore Vs Rs 448.6 crore

Stocks to Watch

<a href="https://www.moneycontrol.com/india/stockpricequote/retail/adityabirlafashionretail/PFR" target="_blank">Aditya Birla Fashion and Retail</a>

An investor is likely to sell up to a 3% stake in Aditya Birla Fashion and Retail via a block deal, with an offer size of $32 million and a floor price of Rs 65.78 per share, reports CNBC-TV18 quoting sources.

<a href="https://www.moneycontrol.com/india/stockpricequote/speciality-retailers/adityabirlalifestylebrands/ABL06" target="_blank">Aditya Birla Lifestyle Brands</a>

An investor is likely to sell up to a 3% stake in Aditya Birla Lifestyle Brands via a block deal, with an offer size of $43 million and a floor price of Rs 106.4 per share, reports CNBC-TV18 quoting sources.

<a href="https://www.moneycontrol.com/india/stockpricequote/chemicals/upl/UP04" target="_blank">UPL</a>

The company’s subsidiary, Advanta Enterprises, has filed a Draft Red Herring Prospectus (DRHP) with SEBI to raise funds via an IPO. The IPO comprises entirely an offer for sale of 3.61 crore equity shares by existing shareholders, including UPL, which will be selling 2.81 crore shares.

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-ancillaries-brakes/olaelectricmobility/OEM" target="_blank">Ola Electric Mobility</a>

The board has appointed Deepak Rastogi as Chief Financial Officer (CFO) of the company, effective January 20, following the resignation of Harish Abichandani from the position, effective January 19.

<a href="https://www.moneycontrol.com/india/stockpricequote/refineries/hindustanpetroleumcorporation/HPC" target="_blank">Hindustan Petroleum Corporation</a>

HPCL has signed a Sale Purchase Agreement (SPA) with Abu Dhabi Gas Liquefaction Company (ALNG), UAE, for the procurement of Liquefied Natural Gas (LNG) for a 10-year term. ALNG is a subsidiary of ADNOC Gas.

HPCL will receive LNG at its 5 million tonne per annum LNG storage and regasification terminal at Chhara, Gujarat.

<a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/amberenterprisesindialimited/AEI01" target="_blank">Amber Enterprises India</a>

The company has been allotted 100 acres of land by the Yamuna Expressway Industrial Development Authority (YEIDA) for the establishment of a new manufacturing facility at Sector 8, YEIDA, near Jewar Airport.

Further, Ascent-K Circuit, a subsidiary of IL JIN Electronics (India), which is a material subsidiary of the company, has been allotted 16 acres of land by YEIDA for setting up a separate manufacturing unit at Sector 10, YEIDA, near Jewar Airport.

The combined proposed investment for both facilities will be Rs 6,785 crore, to be undertaken over the period of the investment scheme.

<a href="https://www.moneycontrol.com/india/stockpricequote/chemicals/archeanchemicalindustries/ACI05" target="_blank">Archean Chemical Industries</a>

The board has appointed Rampraveen Swaminathan as Managing Director of the company for a term of five consecutive years, commencing January 22.

<a href="https://www.moneycontrol.com/india/stockpricequote/chemicals/deepaknitrite/DN" target="_blank">Deepak Nitrite</a>

The company’s subsidiary, Deepak Chem Tech, has commissioned its nitration and second hydrogenation plant at Dahej, Gujarat.

The total capital expenditure incurred for the plant is Rs 85 crore as of the date of commissioning.

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-general/capriglobalcapital/MMF05" target="_blank">Capri Global Capital</a>

Monu Ratra has resigned as the Chief Executive Officer (CEO) of the company, effective January 19.

<a href="https://www.moneycontrol.com/india/stockpricequote/construction-infrastructure/sanghvimovers/SM10" target="_blank">Sanghvi Movers</a>

The company’s subsidiary, Sanghvi Movers Botswana Proprietary, has received a work order worth $4.3 million from Jindal Energy Botswana (Pty).

Bulk Deals

<a href="https://www.moneycontrol.com/india/stockpricequote/diamond-cuttingjewelleryprecious-metals/tribhovandasbhimjizaveri/TBZ" target="_blank">Tribhovandas Bhimji Zaveri</a>

Kerala-headquartered jewellery group Malabar Gold and Diamonds sold 5.28 lakh shares (0.79% of paid-up equity) in Tribhovandas Bhimji Zaveri at Rs 165.54 per share for Rs 8.75 crore.

Malabar Gold held a 2.89% stake in TBZ as of December 2025.

<a href="https://www.moneycontrol.com/india/stockpricequote/misc-commercial-services/greenleafenvirotech/GEL03" target="_blank">Greenleaf Envirotech</a>

Unicorn Fund has offloaded 31,000 shares (0.52% stake) in Greenleaf Envirotech at Rs 147.89 per share for Rs 45.84 lakh.

As of December 2025, Unicorn Fund held 1 lakh shares, or a 1.69% stake, in Greenleaf, the environmental solutions company.

<a href="https://www.moneycontrol.com/india/stockpricequote/engineering-construction/gabiontechnologiesindia/GTI01" target="_blank">Gabion Technologies India</a>

PESB Alpha Fund, an alternative investment fund managed by Pune E-Stock Broking, acquired 99,200 equity shares (0.73% stake) in Gabion Technologies India at Rs 91.92 per share for Rs 91.18 lakh.

Stocks Trade Ex-Dividend

Bank of Maharashtra
NLC India

Stocks in F&amp;O ban

Sammaan Capital
SAIL

Stocks to Watch Today: LTIMindtree, Ceat, Aditya Birla Fashion, Aditya Birla Lifestyle, UPL, HPCL, Amber Enterprises, Sanghvi Movers in focus on 20 January

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, order wins, and appointments, here’s a quick look at which stocks will be in focus in today's trade:

Results Today

ITC Hotels, AU Small Finance Bank, Canara Robeco Asset Management Company, CreditAccess Grameen, Cyient DLM, Gujarat Gas, IndiaMART InterMESH, Jammu &amp;amp; Kashmir Bank, Persistent Systems, Rallis India, SRF, Tata Teleservices (Maharashtra), United Spirits, and Vikram Solar will announce their quarter earnings today.

Quarterly Earnings

LTIMindtree Q3 (Consolidated YoY)

Profit falls 11.7% to Rs 959.6 crore Vs Rs 1,086.7 crore

Revenue increases 11.6% to Rs 10,781 crore Vs Rs 9,660.9 crore

New labour code charges stand at Rs 590.3 crore Vs Nil

Tata Capital Q3 (Consolidated YoY)

Profit grows 20.4% to Rs 1,264.7 crore Vs Rs 1,050.4 crore

Net interest income jumps 20.5% to Rs 3,314.8 crore Vs Rs 2,749.8 crore

Havells Q3 (Consolidated YoY)

Profit jumps 8% to Rs 300.8 crore Vs Rs 278.3 crore

Revenue soars 14.3% to Rs 5,587.9 crore Vs Rs 4,889 crore

Ceat Q3 (Consolidated YoY)

Profit zooms 60.4% to Rs 155.8 crore Vs Rs 97.1 crore

Revenue surges 26% to Rs 4,157 crore Vs Rs 3,299.9 crore

Board proposed capital expenditure at company’s Chennai plant at Kannanthangal with investment of Rs 1,314 crore.

Oberoi Realty Q3 (Consolidated YoY)

Profit rises 0.7% to Rs 622.6 crore Vs Rs 618.4 crore

Revenue grows 5.8% to Rs 1,492.6 crore Vs Rs 1,411.1 crore

Bansal Wire Industries Q3 (Consolidated YoY)

Profit increases 3.8% to Rs 43.3 crore Vs Rs 41.7 crore

Revenue jumps 11.3% to Rs 1,029 crore Vs Rs 924.6 crore

Sai Silks (Kalamandir) Q3 (YoY)

Profit drops 17.1% to Rs 38.1 crore Vs Rs 46 crore

Revenue declines 8.3% to Rs 411.3 crore Vs Rs 448.6 crore

Stocks to Watch

Aditya Birla Fashion and Retail

An investor is likely to sell up to a 3% stake in Aditya Birla Fashion and Retail via a block deal, with an offer size of $32 million and a floor price of Rs 65.78 per share, reports CNBC-TV18 quoting sources.

Aditya Birla Lifestyle Brands

An investor is likely to sell up to a 3% stake in Aditya Birla Lifestyle Brands via a block deal, with an offer size of $43 million and a floor price of Rs 106.4 per share, reports CNBC-TV18 quoting sources.

UPL

The company’s subsidiary, Advanta Enterprises, has filed a Draft Red Herring Prospectus (DRHP) with SEBI to raise funds via an IPO. The IPO comprises entirely an offer for sale of 3.61 crore equity shares by existing shareholders, including UPL, which will be selling 2.81 crore shares.

Ola Electric Mobility

The board has appointed Deepak Rastogi as Chief Financial Officer (CFO) of the company, effective January 20, following the resignation of Harish Abichandani from the position, effective January 19.

Hindustan Petroleum Corporation

HPCL has signed a Sale Purchase Agreement (SPA) with Abu Dhabi Gas Liquefaction Company (ALNG), UAE, for the procurement of Liquefied Natural Gas (LNG) for a 10-year term. ALNG is a subsidiary of ADNOC Gas.

HPCL will receive LNG at its 5 million tonne per annum LNG storage and regasification terminal at Chhara, Gujarat.

Amber Enterprises India

The company has been allotted 100 acres of land by the Yamuna Expressway Industrial Development Authority (YEIDA) for the establishment of a new manufacturing facility at Sector 8, YEIDA, near Jewar Airport.

Further, Ascent-K Circuit, a subsidiary of IL JIN Electronics (India), which is a material subsidiary of the company, has been allotted 16 acres of land by YEIDA for setting up a separate manufacturing unit at Sector 10, YEIDA, near Jewar Airport.

The combined proposed investment for both facilities will be Rs 6,785 crore, to be undertaken over the period of the investment scheme.

Archean Chemical Industries

The board has appointed Rampraveen Swaminathan as Managing Director of the company for a term of five consecutive years, commencing January 22.

Deepak Nitrite

The company’s subsidiary, Deepak Chem Tech, has commissioned its nitration and second hydrogenation plant at Dahej, Gujarat.

The total capital expenditure incurred for the plant is Rs 85 crore as of the date of commissioning.

Capri Global Capital

Monu Ratra has resigned as the Chief Executive Officer (CEO) of the company, effective January 19.

Sanghvi Movers

The company’s subsidiary, Sanghvi Movers Botswana Proprietary, has received a work order worth $4.3 million from Jindal Energy Botswana (Pty).

Bulk Deals

Tribhovandas Bhimji Zaveri

Kerala-headquartered jewellery group Malabar Gold and Diamonds sold 5.28 lakh shares (0.79% of paid-up equity) in Tribhovandas Bhimji Zaveri at Rs 165.54 per share for Rs 8.75 crore.

Malabar Gold held a 2.89% stake in TBZ as of December 2025.

Greenleaf Envirotech

Unicorn Fund has offloaded 31,000 shares (0.52% stake) in Greenleaf Envirotech at Rs 147.89 per share for Rs 45.84 lakh.

As of December 2025, Unicorn Fund held 1 lakh shares, or a 1.69% stake, in Greenleaf, the environmental solutions company.

Gabion Technologies India

PESB Alpha Fund, an alternative investment fund managed by Pune E-Stock Broking, acquired 99,200 equity shares (0.73% stake) in Gabion Technologies India at Rs 91.92 per share for Rs 91.18 lakh.

Stocks Trade Ex-Dividend

Bank of Maharashtra
NLC India

Stocks in F&amp;amp;O ban

Sammaan Capital
SAIL

Malabar Gold and Diamonds sells 0.8% stake in Tribhovandas Bhimji Zaveri, PESB Alpha Fund acquires 0.73% stake in Gabion Technologies, Unicorn Fund offloads 0.52% stake in Greenleaf Envirotech

* Malabar Gold and Diamonds sells 0.8% stake in Tribhovandas Bhimji Zaveri
* PESB Alpha Fund acquires 0.73% stake in Gabion Technologies
* Unicorn Fund offloads 0.52% stake in Greenleaf Envirotech

shorts/business/malabar-gold-and-diamonds-sells-0-8-stake-in-tribhovandas-bhimji-zaveri

* Malabar Gold and Diamonds sells 0.8% stake in Tribhovandas Bhimji Zaveri
* PESB Alpha Fund acquires 0.73% stake in Gabion Technologies
* Unicorn Fund offloads 0.52% stake in Greenleaf Envirotech

Malabar Gold and Diamonds has offloaded 0.8 percent stake in Tribhovandas Bhimji Zaveri, the jewellery retail chain established in 1864, via open market transactions on January 19.

<a href="https://www.moneycontrol.com/india/stockpricequote/diamond-cuttingjewelleryprecious-metals/tribhovandasbhimjizaveri/TBZ">Tribhovandas Bhimji Zaveri</a> (TBZ) shares rose 0.88 percent to Rs 164.73 but sustained below all key moving averages.

Kerala-headquartered jewellery group Malabar Gold and Diamonds sold 5.28 lakh shares (0.79 percent of paid-up equity) in TBZ at Rs 165.54 per share for Rs 8.75 crore.

Malabar Gold held 2.89 percent stake in TBZ as of December 2025.

<a href="https://www.moneycontrol.com/india/stockpricequote/misc-commercial-services/greenleafenvirotech/GEL03">Greenleaf Envirotech</a> was also in focus, falling 3.64 percent to Rs 147, which was near the lower Bollinger bands, and extending downtrend for third consecutive session. This may be after Unicorn Fund cut down its stake, offloading 31,000 shares (0.52 percent stake) in the company at Rs 147.89 per share for Rs 45.84 lakh.

As of December 2025, Unicorn Fund held 1 lakh shares or 1.69 percent stake in Greenleaf, the environmental solutions company.

Meanwhile, PESB Alpha Fund, the alternative investment fund managed by Pune E-Stock Broking, acquired 99,200 equity shares (0.73 percent stake) in <a href="https://www.moneycontrol.com/india/stockpricequote/engineering-construction/gabiontechnologiesindia/GTI01">Gabion Technologies India</a> at Rs 91.92 per share for Rs 91.18 lakh. Despite this stake buy, the stock declined 3.4 percent to Rs 91.78 per share.

<img class="alignnone size-full wp-image-13779867 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2026/01/20260119193832_Image1519012026.jpg" alt="Image1519012026" width="700" height="1332" />

Malabar Gold and Diamonds sells 0.8% stake in Tribhovandas Bhimji Zaveri

Malabar Gold and Diamonds has offloaded 0.8 percent stake in Tribhovandas Bhimji Zaveri, the jewellery retail chain established in 1864, via open market transactions on January 19.

Tribhovandas Bhimji Zaveri (TBZ) shares rose 0.88 percent to Rs 164.73 but sustained below all key moving averages.

Kerala-headquartered jewellery group Malabar Gold and Diamonds sold 5.28 lakh shares (0.79 percent of paid-up equity) in TBZ at Rs 165.54 per share for Rs 8.75 crore.

Malabar Gold held 2.89 percent stake in TBZ as of December 2025.

Greenleaf Envirotech was also in focus, falling 3.64 percent to Rs 147, which was near the lower Bollinger bands, and extending downtrend for third consecutive session. This may be after Unicorn Fund cut down its stake, offloading 31,000 shares (0.52 percent stake) in the company at Rs 147.89 per share for Rs 45.84 lakh.

As of December 2025, Unicorn Fund held 1 lakh shares or 1.69 percent stake in Greenleaf, the environmental solutions company.

Meanwhile, PESB Alpha Fund, the alternative investment fund managed by Pune E-Stock Broking, acquired 99,200 equity shares (0.73 percent stake) in Gabion Technologies India at Rs 91.92 per share for Rs 91.18 lakh. Despite this stake buy, the stock declined 3.4 percent to Rs 91.78 per share.

Lenskart shares dropped 2% due to profit booking and market pressure., Antique Stockbroking initiated coverage with a 'hold' rating on Lenskart, Lenskart debuted weakly in November 2025, listing below its IPO price

* Lenskart shares dropped 2% due to profit booking and market pressure.
* Antique Stockbroking initiated coverage with a 'hold' rating on Lenskart
* Lenskart debuted weakly in November 2025, listing below its IPO price

Lenskart Solutions shares fell nearly 2% amid profit booking, despite Antique Stockbroking initiating coverage with a ‘hold’ rating. The firm noted Lenskart’s fast growth and tech-led efficiency but said current valuations already reflect its growth outlook.

shorts/business/lenskart-shares-decline-2-even-as-antique-stockbroking-initiates-coverage

* Lenskart shares dropped 2% due to profit booking and market pressure.
* Antique Stockbroking initiated coverage with a 'hold' rating on Lenskart
* Lenskart debuted weakly in November 2025, listing below its IPO price

Lenskart Solutions shares fell nearly 2 percent on Monday amid profit booking, even as Antique Stockbroking initiated coverage on the stock with a ‘hold’ rating.

On the NSE, the stock declined 2.7 percent to hit an intraday low of Rs 439 per share. The scrip has been under pressure for the past two sessions and has slipped nearly 4 percent during the period.

Antique Stockbroking, in its note, said Lenskart is scaling up at a fast pace with improving profitability in a favourable industry environment. It pointed out that only about 24 percent of India’s eyewear market is organised, while other markets also offer significant growth opportunities.

The brokerage highlighted the company’s technology-led approach and centralised supply chain, which it said enable higher operational efficiency and more consistent product quality. It added that there is sufficient headroom for around 25 percent compound annual revenue growth in the medium term, but noted that current valuations largely factor in the growth outlook.

Lenskart had made a weak stock market debut in November 2025, listing at a discount of around 3 percent to its issue price. The company’s initial public offer, which was open for subscription from October 31 to November 4, was subscribed 28.26 times.

Shares of <a href="https://www.moneycontrol.com/india/stockpricequote/retailing/lenskartsolutions/LSL">Lenskart Solutions Ltd</a> were listed at Rs 395 apiece on the NSE, a discount of 1.74 percent from the IPO price. The Rs 7,278-crore IPO was priced in the range of Rs 382 to Rs 402 per share.

On the BSE, the stock debuted at Rs 390 per share, a discount of 2.99 percent. The company’s market capitalisation after listing stood at Rs 67,659.94 crore.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Lenskart shares decline 2% even as Antique Stockbroking initiates coverage

Lenskart Solutions shares fell nearly 2 percent on Monday amid profit booking, even as Antique Stockbroking initiated coverage on the stock with a ‘hold’ rating.

On the NSE, the stock declined 2.7 percent to hit an intraday low of Rs 439 per share. The scrip has been under pressure for the past two sessions and has slipped nearly 4 percent during the period.

Antique Stockbroking, in its note, said Lenskart is scaling up at a fast pace with improving profitability in a favourable industry environment. It pointed out that only about 24 percent of India’s eyewear market is organised, while other markets also offer significant growth opportunities.

The brokerage highlighted the company’s technology-led approach and centralised supply chain, which it said enable higher operational efficiency and more consistent product quality. It added that there is sufficient headroom for around 25 percent compound annual revenue growth in the medium term, but noted that current valuations largely factor in the growth outlook.

Lenskart had made a weak stock market debut in November 2025, listing at a discount of around 3 percent to its issue price. The company’s initial public offer, which was open for subscription from October 31 to November 4, was subscribed 28.26 times.

Shares of Lenskart Solutions Ltd were listed at Rs 395 apiece on the NSE, a discount of 1.74 percent from the IPO price. The Rs 7,278-crore IPO was priced in the range of Rs 382 to Rs 402 per share.

On the BSE, the stock debuted at Rs 390 per share, a discount of 2.99 percent. The company’s market capitalisation after listing stood at Rs 67,659.94 crore.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

<a href="https://www.moneycontrol.com/india/stockpricequote/cables-powerothers/polycabindia/PI44">Polycab India</a> shares snapped a six-session losing streak and rose over 4 percent on Monday after the company reported strong results for the December quarter.

The stock climbed 4.15 percent to an intraday high of Rs 7,417 on the NSE, marking one of its strongest single-day gains in the past month. Shares of the company had ended nearly 3 percent lower on Friday.

The wires and cables maker reported a 36 percent year-on-year rise in consolidated profit for the third quarter, while revenue jumped 46 percent.

According to brokerage firm Jefferies, the company posted strong December-quarter volume growth of around 40 percent year-on-year in the cables and wires segment, driven by market share gains, private capital expenditure, housing demand and restocking.

The brokerage, however, noted that margins were impacted during the quarter as the company did not fully pass on the rise in commodity prices in order to protect demand.

Jefferies estimates a compound annual growth rate of 25 percent in profit after tax over FY25–FY28, led by volume growth and improvement in margins in the fast-moving electrical goods segment.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Polycab shares snap 6-day losses to rise up to 4% on strong December quarter results

Polycab India shares snapped a six-session losing streak and rose over 4 percent on Monday after the company reported strong results for the December quarter.

The stock climbed 4.15 percent to an intraday high of Rs 7,417 on the NSE, marking one of its strongest single-day gains in the past month. Shares of the company had ended nearly 3 percent lower on Friday.

The wires and cables maker reported a 36 percent year-on-year rise in consolidated profit for the third quarter, while revenue jumped 46 percent.

According to brokerage firm Jefferies, the company posted strong December-quarter volume growth of around 40 percent year-on-year in the cables and wires segment, driven by market share gains, private capital expenditure, housing demand and restocking.

The brokerage, however, noted that margins were impacted during the quarter as the company did not fully pass on the rise in commodity prices in order to protect demand.

Jefferies estimates a compound annual growth rate of 25 percent in profit after tax over FY25–FY28, led by volume growth and improvement in margins in the fast-moving electrical goods segment.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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Defence Industry StocksCheck latest stock performance, list of stocks, earnings review & more details about the Defence industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q3 FY25-26

Stock News

One-fifth of Nifty 50 stocks see flat to negative returns over three years

Stocks to Watch Today: LTIMindtree, Ceat, Aditya Birla Fashion, Aditya Birla Lifestyle, UPL, HPCL, Amber Enterprises, Sanghvi Movers in focus on 20 January

Malabar Gold and Diamonds sells 0.8% stake in Tribhovandas Bhimji Zaveri

Lenskart shares decline 2% even as Antique Stockbroking initiates coverage

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