Stocks to Watch on Jan 16, 2026: Infosys, RailTel, Jio Financial Services & More in Focus

The Indian stock market is likely to start Friday’s session on a positive note amid mixed global market cues.

Infosys

Infosys reported a marginal 2% year-on-year decline in net profit to ₹6,654 crore compared with ₹6,806 crore earlier. Revenue for the quarter grew 2.2% sequentially to ₹45,479 crore, slightly ahead of market expectations, while EBIT came in at ₹9,479 crore with a healthy operating margin of 20.8%.

Jio Financial Services

Jio Financial Services recorded a consolidated profit of ₹269 crore in Q3, reflecting an 8.8% decline from the previous year. However, total income more than doubled year-on-year to ₹901 crore, indicating strong growth in its expanding financial services portfolio.

Biocon

Biocon announced that it has successfully raised ₹4,150 crore through a Qualified Institutional Placement. The company issued 11.26 crore equity shares at a price of ₹368.35 per share, representing a 2.8% discount to the previous closing price.

HDB Financial Services

HDB Financial Services delivered a strong performance with net profit rising 36.3% year-on-year to ₹644 crore for the December quarter. The company also reported a 22.1% growth in net interest income, which increased to ₹2,285 crore.

Bharat Heavy Electricals

Bharat Heavy Electricals (BHEL) has commenced the supply of underslung traction transformers for the Vande Bharat Sleeper Train project. This development marks BHEL’s strategic entry into the semi-high-speed rail propulsion segment.

Zydus Lifesciences

Zydus Lifesciences has received final approval from the US Food and Drug Administration for its Eltrombopag tablets. The drug is used in the treatment of thrombocytopenia, a condition involving low platelet counts linked to certain blood disorders.

RailTel Corporation

RailTel Corporation has secured a Letter of Acceptance from Central Railway for a project valued at ₹88.66 crore. The project involves supply, installation, testing and commissioning of IP-MPLS network equipment across several divisions and aims to enable unified communication for Indian Railways.

Also Read: Tata Elxsi Q3 FY26 Earnings Results: Revenue Rises 3.9% To ₹953.5 Crore!

Conclusion

With supportive global cues and stock-specific triggers, the Indian market sentiment is expected to remain constructive for Friday’s session.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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