Q3 Results Impact: Canara HSBC Life, Radico Khaitan Shares Rise Up to 10%

No image 5paisa Capital Ltd - 1 min read

Last Updated: 22nd January 2026 - 06:24 pm

Summary:

Canara HSBC Life and Radico Khaitan shares rose up to 10% on January 22 after strong Q3 earnings, with insurer APE up 37% and liquor maker profit up 62%.

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Shares of Canara HSBC Life Insurance surged by 10.12% and closed at ₹150.33 on the NSE on January 22, capping off four consecutive days of losses. Radico Khaitan was up nearly 6% at ₹2997.

Both Canara HSBC Life and Radico Khaitan reported solid quarterly results on January 22, with strong performance across multiple metrics, driving the positive performance of their respective stocks and benefiting from the broader market recovery.

Investors were excited about the positive earnings reports from both the insurance sector and the liquor sector.

Canara HSBC Life Profit Growth

The company's life insurance division achieved Q3 pre-tax profits that were up 10% year-over-year. The decrease in net income from previous periods is due to the company receiving a prior-year tax credit.

The company had a 37% increase in annualised premium equivalent (APE) sales and a 60% increase in the value of New Business, with a margin increase of 210 basis points from 19.7% at the end of December.

Following the results announcement, brokerages have increased their FY26 estimates for Canara HSBC Life. Since its listing, Canara HSBC Life has increased by approximately 40%.

Radico Khaitan Strong Volume Surge

Radico Khaitan (RC) saw a 62% increase in profit year/year to ₹155 crore from ₹95.49 crore; while revenue from operations grew by 22% to ₹5,424 crore.

The prestige and above segment had 26% volume growth for the quarter. The trends toward premiumisation fuel continued growth in the Indian Spirits.

Rampur, Jaisalmer and Magic Moments are examples of brands that are driving growth in RC's business.

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