Stocks to Watch: HDFC Bank, Infosys and 8 other stocks announcing results next week

Synopsis: Ten widely tracked stocks are in focus next week as earnings season heats up. Results from Reliance, HDFC Bank, top IT majors, fintech platforms, and financial services firms are expected to drive volatility, influence sector trends, and shape short-term market direction.

A packed earnings schedule is ahead as large-cap giants in the energy, banking, tech, fintech, broking, and asset management spaces get ready to declare earnings. Starting from the likes of Reliance and HDFC Bank to TCS and Infosys, and including budding financial services players such as Groww and Jio Financial Services, these earnings results would be pivotal in setting the tone for market trends.

The company is a conglomerate and primarily refines crude oil to manufacture/extract transportation fuels, polymers and elastomers, intermediates, and polyesters. It has plants and manufacturing assets located across India. With the market cap of Rs 19,96,445 crore, the shares of Reliance Industries Ltd closed at Rs 1,475 and are trading at a PE of 26, whereas its industry PE is at 10. The company will be declaring its results on 16 January that is on Friday.

This bank is an Indian banking and financial services company headquartered in Mumbai and is India’s largest private sector bank by assets and one of the world’s largest banks by market capitalization. With the market cap of Rs 14,44,150 crore, the shares of HDFC Bank Ltd have closed at Rs 939 and are trading at a PE of 20, whereas its industry PE is at 15.4.The company will be declaring its results on 17 January, which is on Saturday. 

This company is the flagship company of the Tata Group and is an IT services, consulting, and business solutions organisation that has been partnering with many of the world’s largest businesses in their transformation journeys. It offers a consulting-led, cognitive-powered, integrated portfolio of business, technology, and engineering services and solutions. With the market cap of Rs 11,60,682 crore, the shares of Tata Consultancy Services Ltd have closed at Rs 3,208 and are trading at a PE of 23.1, whereas its industry PE is at 26.3. The company will be declaring its results on 12 January, which is on Monday. 

This company provides consulting, technology, outsourcing, and next-generation digital services to enable clients to execute strategies for their digital transformation and is the 2nd largest information technology company in India, behind TCS. With the market cap of Rs 6,70,978 crore, the shares of Infosys Ltd have closed at Rs 1,615 and are trading at a PE of 23.3, whereas its industry PE is at 26.3. The company will be declaring its results on 14 January that is on Wednesday. 

This company is a leading global IT services company, which is ranked amongst the top five Indian IT services companies in terms of revenues and has focused on transformational outsourcing and offers an integrated portfolio of services, including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO. With the market cap of Rs 4,51,092 crore, the shares of HCL Technologies Ltd have closed at Rs 1,662 and are trading at a PE of 26.5, whereas its industry PE is at 26.3. The company will be declaring its results on 12 January, which is on Monday.

This company is an NBFC registered with the RBI and is a holding company that operates its financial services business through its consumer-facing subsidiaries, namely Jio Finance Limited (JFL), Jio Insurance Broking Limited (JIBL), and Jio Payment Solutions Limited (JPSL), and its joint venture, namely Jio Payments Bank Limited (JPBL). With the market cap of Rs 1,82,493 crore, the shares of Jio Financial Services Ltd have closed at Rs 287 and are trading at a PE of 114, whereas its industry PE is at 32.8. The company will be declaring its results on 15 January, which is on Thursday.

This company is a diversified financial services company and is primarily engaged in the business of stock, commodity and currency broking; institutional broking; providing margin trading facilities; depository services and distribution of mutual funds; lending as an NBFC; and acting as corporate agents of insurance companies. With the market cap of Rs 21,200 crore, the shares of Angel One Ltd have closed at Rs 2,333 and are trading at a PE of 27.1, whereas its industry PE is at 20.7. The company will be declaring its results on 15 January, which is on Thursday.

This company is one of India’s largest brokers and is a Bengaluru-based fintech company that provides retail investors with a direct-to-customer digital investment platform, providing multiple financial products and services. With the market cap of Rs 98,129 crore, the shares of Billionbrains Garage Ventures Ltd, also known as Groww, have closed at Rs 159 and are trading at a PE of 52.3, whereas its industry PE is at 20.7. The company will be declaring its results on 14th January, which is on Wednesday.

This company is an asset management company operating across mutual funds, PMS, AIFs, and offshore advisory services and is the largest active mutual fund asset manager by QAAUM. It is a JV between ICICI Bank Ltd and Prudential Corporation Holdings. With the market cap of Rs 1,31,700 crore, the shares of ICICI Prudential Asset Management Co Ltd have closed at Rs 2,664 and are trading at a PE of 45, whereas its industry PE is at 31.2. The company will be declaring its results on 14th January, which is on Wednesday.

This company is amongst the world’s leading providers of design and technology services across industries, including automotive, media, communications and healthcare. It also provides integrated services from research and strategy to electronics and mechanical design, software development, validation and deployment. With the market cap of Rs 35,431 crore, the shares of Tata Elxsi Ltd have closed at Rs 5,688 and are trading at a PE of 52.8, whereas its industry PE is at 26.5. The company will be declaring its results on 13th January, which is on Tuesday.

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