Dalal Street kicked off the week on a sour note, extending losses from the previous session in trade on Monday, July 28. A poor set of numbers from Kotak Mahindra Bank soured the sentiment, with a strong sell-off seen in other heavyweights, which dragged the benchmark indices deep into the red.
Kotak Mahindra Bank | CMP Rs 1,969 | Shares slipped over 7 percent after the bank's net profit took a 7 percent tumble. Kotak Mahindra Bank reported a standalone net profit of Rs 3,282 crore for Q1 FY26, marking a 7 percent year-on-year decline from Rs 3,520 crore in the same period last year. Going ahead, international brokerage Bernstein believes that the surge in credit costs and soft asset quality will continue to weigh on Kotak Mahindra Bank’s valuation.
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Aadhar Housing Finance | CMP Rs 514 | Shares surged over 5 percent to a record high after promoter Blackstone’s fund restructuring triggered a mandatory open offer. The offer, priced at Rs 469.97 per share for a 25.82 percent stake worth Rs 5,335 crore, follows a July 25 SPA where the acquirer agreed to buy up to 64.14 percent from BCP Topco VII Fund at up to Rs 425 per share.
CDSL | CMP Rs 1,524 | Shares tanked over 5 percent after the company reported a lacklustre set of earnings for the quarter ended June 30, 2025. Net profit declined 23.6 percent year-on-year to Rs 102.4 crore, down from Rs 134 crore in the same quarter last year. Revenue from operations remained largely flat, inching up just 0.6 percent to Rs 259 crore compared to Rs 257.4 crore in Q1FY25.
TCS | CMP Rs 3,085 | Shares were down as much as 2 percent after Moneycontrol exclusively reported that the IT services firm will trim its workforce by two percent, impacting 12,000 jobs over FY2026. Jefferies, along with other brokerages, noted that the plan to trim the workforce might lead to near-term execution slippages and higher long-term attrition.
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Shriram Finance | CMP Rs 632 | The stock rose nearly 3 percent after the company posted a strong set of numbers for the first quarter of FY26. Standalone net profit rose 9 percent year-on-year to Rs 2,156 crore, while net interest income (NII) grew 12.6 percent to Rs 6,026 crore. HSBC, Jefferies, Nuvama, and Motilal Oswal have given bullish ratings on the stock.
ACME Solar | CMP Rs 296 | Shares surged as much as 9.5 percent on July 28, emerging as among the top gainers on NSE 500 index, after the management posted a many-fold jump in net profit at Rs 131 crore during the June quarter and a 72 percent on year growth in revenue at Rs 584 crore, powered by operational efficiencies.
Realty Stocks | The shares of real estate companies recorded significant losses on July 28, as weak earnings by some of the players dampened investors' sentiment. Layoffs at TCS further fuelled the downturn in the sector. Macrotech Developers (Lodha) shares were the top loser on the index, dropping nearly 4 percent to trade at Rs 1,231 apiece. The company on July 26 (Saturday) reported a net profit of Rs 674.7 crore for the first quarter of the financial year 2026.
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Cipla | CMP Rs 1,570 | Shares rose over 2 percent after consolidated net profit rose 10 percent year-on-year to Rs 1,291.6 crore for the June 2025 quarter, from Rs 1,175.5 crore a year ago. Revenue from operations grew 4 percent to Rs 6,957.5 crore, compared to Rs 6,693.9 crore in the same period last year. Growth was driven by steady performance across key markets and effective cost controls. Margins remained stable despite some pressure from raw material costs.
IndusInd Bank | CMP Rs 800 | Shares tanked as much as 3 percent ahead of its Q1 earnings. According to Moneycontrol's poll, IndusInd Bank's net interest income (NII) is seen at Rs 4,279 crore in Q1FY26 as against Rs 5,407 crore in the year-ago period. Profit is pegged at Rs 559 crore in Q1FY26 as compared to Rs 724 crore in the year-ago period.
Waaree Energies | CMP Rs 3,097 | Shares slipped over 3 percent ahead of its Q1 earnings. Analysts expect the company to post a strong set of numbers for the quarter. Net profit is likely to come in around Rs 649–652 crore, as per estimates by two brokerages. Revenue is seen rising 31 percent year-on-year and 12 percent sequentially to around Rs 4,460–4,490 crore. The upbeat forecast reflects robust demand trends and steady execution during the quarter.
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