Jan 22: Top Stocks to Watch - Dr Reddy's, HPCL, Eternal, Waaree Energies & More

• Eternal Ltd reported strong Q3 results with net profit up 56.9% QoQ to ₹102 crore and revenue up 20% QoQ to ₹16,315 crore. Leadership changes include Deepinder Goyal's resignation as CEO effective Feb 1, 2026, to become Vice-Chairman & Director, and Albinder Singh Dhindsa's appointment as new CEO.
• Waaree Energies saw net profit rise 26% QoQ to ₹1,062 crore and revenue grow 24.7% QoQ to ₹7,565 crore, with EBITDA up 37.2%.
• Jindal Stainless posted a robust Q3 with net profit up 26.6% YoY to ₹828.8 crore and revenue up 6.2% YoY to ₹10,517.6 crore.
• Dr Reddy’s Laboratories reported Q3 net profit of ₹1,209 crore, beating estimates, and revenue rose 4.4% YoY to ₹8,753 crore.
• HPCL's Q3 net profit was ₹4,072.5 crore, up 6.3% QoQ, with revenue rising 14.2% QoQ to ₹1.15 lakh crore. Bank of India's net profit increased 7.5% YoY to ₹2,705 crore, and PNB Housing Finance's net profit rose 10.6% YoY to ₹521 crore.

Why It Matters: Several major companies, including Eternal, Waaree Energies, and Dr Reddy's, announced strong Q3 earnings.