Stocks to watch: RIL, HDFC Bank, Eternal, JSW Steel, Jio Financial among shares in focus today

The Indian stock market is expected to see a flurry of activity today with several key companies either posting strong quarterly results or announcing strategic developments. Here’s a quick look at the stocks that are likely to remain in focus during today’s trading session.
Earnings on Radar: Eternal, IDBI Bank, UltraTech Cement, PNB Housing Finance
All eyes will be on Eternal, IDBI Bank, UltraTech Cement, and PNB Housing Finance as these companies are scheduled to announce their Q1 FY26 earnings today. Investors will be watching closely for signs of operational strength and guidance for the upcoming quarters.
Reliance Industries Ltd (RIL) kicked off FY26 on a strong note with a 76% year-on-year jump in consolidated net profit, reaching ₹26,994 crore. The company’s strong numbers are expected to bolster market sentiment and draw bullish interest.
ICICI Bank
The bank reported a 15.4% YoY growth in net profit, which rose to ₹12,768 crore, while Net Interest Income (NII) rose by 10.6% to ₹21,635 crore. This solid performance cements ICICI Bank’s position as one of the leading players in the private banking space.
HDFC Bank
India’s largest private sector bank reported a 5.4% increase in NII, clocking ₹31,438 crore for the June quarter. Though the growth is moderate, HDFC Bank remains a reliable pick for long-term investors looking at stable financials.
Jio Financial Services (JFSL)
JFSL made headlines by entering into a 50:50 domestic reinsurance joint venture with Allianz Group, aiming to tap into India’s growing insurance market. This strategic move could open up new growth avenues for the financial services arm of Reliance Group.
Yes Bank
Yes Bank’s Q1FY26 results showed a significant turnaround, with net profit rising 59% YoY to ₹801 crore. This improvement could boost investor confidence and renew interest in the stock.
JSW Steel
Steel major JSW Steel posted a remarkable performance, with net profit rising to ₹2,184 crore, up from ₹845 crore in the same quarter last year. This surge reflects strong demand and operational efficiency.
RBL Bank
In contrast, RBL Bank reported a disappointing quarter. Net Interest Income declined 13% YoY, and net profit dropped 46% to ₹200 crore, likely weighing negatively on the stock today.
JK Cement
Cement manufacturer JK Cement delivered an impressive Q1 FY26, with net profit surging 75.5% YoY to ₹324.3 crore and revenue increasing by 19.4% to ₹3,352.5 crore. The strong results may lead to a positive movement in its share price.
Warburg Pincus & IDFC First Bank
Warburg Pincus, through its entity Currant Sea Investments B.V., has received RBI approval for a 9.99% stake in IDFC First Bank. This move underscores growing investor confidence in the Indian banking sector.
Punjab & Sind Bank
The bank reported a 48% rise in net profit, reaching ₹269 crore for Q1FY26, signaling improved performance and potentially drawing investor attention.
Dr. Reddy’s Laboratories
The USFDA issued a Form 483 with seven observations to Dr. Reddy’s after an inspection at its Srikakulam unit. This may create short-term pressure on the stock due to regulatory concerns.
Conclusion
Today’s session is packed with crucial updates across banking, steel, pharma, financial services, and cement sectors. Investors should closely monitor earnings results and strategic developments to make informed decisions. With heavyweight names like RIL, HDFC Bank, and JSW Steel showing strength, the market might witness selective buying backed by strong fundamentals.