Stocks in news: TCS, HCL Tech, Ola Electric, RIL, Just Dial

Markets traded volatile but managed to close on a positive note despite mixed signals. Looking ahead, markets will react to gains from IT majors TCS and HCL Tech in early trade on Tuesday, while geopolitical developments and trade talks will also remain in focus.In today’s trading, shares of TCS, HCL Tech, Ola Electric, RIL and Just Dial, among others, will be in focus on various news developments and Q3 results.

ICICI Pru Life, ICICI Lombard, Tata Elxsi, just call
Shares of ICICI Pru Life, ICICI Lombard, Tata Elxsi and Just Dial will be in focus in today’s trading as the companies will announce their third quarter results later in the day.TCS
Indian IT vendor Tata Consultancy Services (TCS) on Monday reported a 14% decline in consolidated net profit in the December quarter at Rs 10,657 crore compared to Rs 12,380 crore reported in the year-ago period. The profit after tax (PAT) is attributable to the shareholders of the company.

HCL technology
HCL Technologies on Monday reported an 11% decline in December consolidated net profit at Rs 4,076 crore, compared to Rs 4,591 crore reported in the year-ago period. The profit after tax (PAT) is attributable to the owners of the company. Revenue from operations in Q3FY26 stood at Rs 33,872, up 13% from Rs 29,890 crore reported in the corresponding period of the last fiscal.

Ola Electric
Ola Electric announced the rollout of its first battery energy storage system, Shakti, from its factory in Krishnagiri, Tamil Nadu. Shakti marks the company’s entry into the country’s residential BESS (battery energy storage system) market and takes the company beyond the automotive domain

Indian hotels
Tata Group-owned Indian Hotels Company (IHCL) on Monday said it has obtained trademark registration for its sonic sound ‘Taj’, the first sound trademark registration for a brand in the country’s hospitality sector. The registration legally protects the distinctive sonic identity of major brand Taj as a trademark, recognizing sound as a core value of the brand, said India’s largest hospitality company, IHCL.

L&T
Engineering major Larsen & Toubro (L&T) on Monday said it will acquire the remaining 40% stake in L&T Sapura Shipping Private Limited (LTSSPL) from Sapura Nautical Power Pte Ltd for Rs 122.4 crore, making the offshore shipbuilding company a wholly owned subsidiary.Dependent industries
Reliance Industries said on Monday its plans for battery storage production remain unchanged, following a Bloomberg News report that said the conglomerate had halted plans to make lithium-ion battery cells in India after failing to secure Chinese technology.

TVS supply chain
TVS Supply Chain Solution (TVS SCS) on Monday said it has been awarded a contract by Daimler India Commercial Vehicles (DICV) to manage their internal warehouse operations at its manufacturing facility in Chennai. Under the three-year pact, TVS SCS will manage end-to-end warehouse operations within the German truck maker’s factory, ensuring seamless material flow, optimized inventory and improved operational efficiency, the company said.

(Disclaimer: Recommendations, suggestions, views and opinions expressed by the experts are their own. These do not represent the views of Economic Times)