Stocks to Watch Jan 21: Persistent Systems, United Spirits, DCM Shriram & More Q3 Results

• Persistent Systems reported 23rd consecutive quarter of revenue growth, but profitability declined due to a one-time labor code impact.
• United Spirits exceeded revenue and net profit estimates, though operating margins fell short.
• DCM Shriram's net profit dropped 19% YoY despite a 13.8% revenue increase, and announced an interim dividend.
• Shoppers Stop saw a sharp decline in Q3 net profit, with flat sales attributed to festive shifts and high pollution in North India.
• Vikram Solar posted strong Q3 performance with profit up significantly, driven by higher execution and a robust order book.

Why It Matters: Key companies like Persistent Systems, United Spirits, and DCM Shriram announced their Q3 FY26 results.