Stocks in the news today: Meesho, Bajaj Auto, Adani Green, IDBI Bank, Delhivery

Markets traded on a downward trend on Friday to end lower, pressured by mixed global cues and caution over the Union budget. With all eyes on the Union Budget, analysts expect increased volatility during the special trading session on Sunday and suggest a hedged approach be preferred.In today’s trading, shares of Meesho, Bajaj Auto, Adani Green, IDBI Bank and Delhivery among others will be in focus on the back of Q3 results and various news developments.

IDFC First Bank
Private sector lender IDFC First Bank on Saturday reported a 48% year-on-year rise in net profit to Rs 503 crore for the third quarter of FY26, compared to Rs 339 crore in the same period last year. Net interest income or NII rose 12% year-on-year to Rs 5,492.4 crore, compared to Rs 4,902 crore in the corresponding quarter a year ago.Sun Pharma
Pharma giant Sun Pharmaceuticals on Saturday reported a consolidated net profit of Rs 3,369 crore in the third quarter of FY26, marking a sharp increase of 16% from Rs 2,903 crore in the same quarter last year. Operating income from operations rose 13.5% to Rs 15,520 crore.

Bajaj Auto
Two-wheeler giant Bajaj Auto on Friday reported 19% year-on-year (year-on-year) growth in its consolidated net profit at Rs 2,503 crore. Operating revenues rose 19% year-on-year to Rs 15,220 crore, driven by record quarterly volumes and a richer mix.

Meesho
Meesho’s consolidated net losses for the quarter ended December rose 13x to Rs 491 crore, compared to a loss of Rs 37 crore in the year-ago period. However, the December-listed e-commerce company reported a 32% year-on-year increase in revenue in Q3FY26 to Rs 3,518 crore, compared to Rs 2,674 crore in the corresponding quarter of the last fiscal.

Ambuja cement
Cement giant Ambuja Cement reported a 91% decline in consolidated net profit in the December quarter at Rs 204 crore, compared to Rs 2,158 crore reported in the year-ago period. The profit after tax (PAT) is attributable to the owners of the parent company.

SBI
State Bank of India (SBI) Chairman CS Setty has called for a level playing field between bank deposits and equity investments in terms of tax treatment and called for an end to special tax treatment of equity investments as the (equity) market is (now) more mature.Adani Green
Adani Green Energy on Saturday provided further clarification on the civil case filed by the US Securities and Exchange Commission against its directors Gautam Adani and Sagar Adani in a US federal court, emphasizing that the company itself is not a party to the proceedings and that no charges have been filed against it.

IDBI bank
The Center has set a post-Budget deadline for receiving bids for transferring stake in IDBI Bank, ET reported. The move marks the final phase of the disinvestment exercise that formally started in October 2022. Bids can be submitted until the first week of February.

Delhi very
Independent director and chairman of Delhi’s board of directors, Deepak Kapoor, has resigned from his position with effect from April 1 as part of the planned reconstruction of the logistics company’s board, according to a filing with the stock exchange.