Indian stock markets are currently exhibiting range-bound behavior, with consolidation ongoing and a positive bias above 25,400 for the Nifty. Several key companies are in focus, with recent news and developments potentially impacting their stock performance.
State Bank of India (SBI): SBI reported a 24% year-on-year net profit growth. Nirmal Bang maintains a 'Buy' rating on SBI, anticipating steady loan growth, strong profitability, and resilient asset quality to drive long-term performance. However, deposit growth is lagging, rising only 9% year-on-year, indicating ongoing pressure on liability mobilization. The bank's gross NPA is at 1.57%, and NNPA is at 0.39%. CLSA has reiterated an "Outperform" rating on State Bank of India stock with a price target of INR1,170.00. The SBI stock is trading at ₹1,066. The average 12-month price target for SBI is INR1,126.79.
Tata Steel: Tata Steel witnessed a significant 723% jump in profit. The Orissa High Court has concluded hearings regarding Tata Steel's Sukinda mine litigation. Tata Steel has also acquired an additional equity stake in its wholly-owned subsidiary, T Steel Holdings Pte. Ltd. The company completed the acquisition of a 50.01% equity stake in Thriveni Pellets Private Limited. Tata Steel is expanding capacities to meet rising steel demand. The stock symbol for Tata Steel Ltd is "TISC," and it is listed on the India National Stock Exchange. The Tata Steel Ltd stock price today is 197.06.
BSE (Bombay Stock Exchange): The BSE Sensex closed at 83,580.40, a gain of 0.32%. The BSE is the world's largest stock exchange by the number of listed companies. The 52 week high and low of BSE is ₹3,030.00 and ₹1,227.32 as of February 7, 2026. BSE's S&P BSE Sensex is India's most widely tracked stock market benchmark index.
IREDA (Indian Renewable Energy Development Agency): IREDA's share price surged following robust third-quarter financial results. The company's board has approved a Rs 2,994 crore fund raising plan via QIP mode. IREDA posted a 15.4% year-on-year rise in Q3 FY26 PAT at Rs 1,381 crore, with revenue up 28.2% to Rs 6,042 crore. Loan sanctions jumped 29% year-on-year. As of February 6, 2026, the IREDA share price closed at ₹128.69 on NSE.
LIC (Life Insurance Corporation of India): LIC shares jumped 8% after reporting a 17% rise in Q3 profit, indicating significant buying interest. A board meeting was held on February 5, 2026, to discuss quarterly results. LIC remains the largest life insurance provider in India. A 200-day moving crossover appeared on Feb 06, 2026.
Titan: Titan Company's consumer businesses surged 40% year-on-year in Q3 FY26. Titan is sustaining its upward trend and experts suggest short-term traders can buy the stock for a target of Rs 4500 in the next couple of months. Titan's shares rose as it prepares to launch its first lab-grown diamond store under the new brand 'beYon' in Mumbai. Investec has raised its price target on Titan Company to INR4,789.00 from INR4,248.00. Titan Company is among India's most respected lifestyle companies.
Anand Rathi: A Rs 13 crore fraud was reported at Anand Rathi. Bernstein SocGen Group initiated coverage on Anand Rathi Wealth Ltd with a Market Perform rating. Anand Rathi Wealth Ltd was incorporated on March 22, 1995.
BEML: BEML Ltd has informed BSE that a board meeting was scheduled on February 6, 2026. BEML reported a net loss of Rs 22 crore in Q3. BEML's share price traded at 1617.40, down -128.80 (-7.38%) on February 6, 2026.
Investors should closely monitor these stocks, considering the various factors influencing their performance, including financial results, market trends, and corporate developments.