Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, order wins, appointments, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:
IndusInd Bank, Bharat Electronics, Adani Green Energy, Adani Total Gas, Bajaj Healthcare, CarTrade Tech, Gail (India), JK Paper, KEC International, Mazagon Dock Shipbuilders, Motherson Sumi Wiring India, Nippon Life India Asset Management, NTPC Green Energy, Piramal Pharma, Quess Corp, RailTel Corporation of India, Torrent Pharmaceuticals, Vijaya Diagnostic Centre, and Waaree Energies will release quarterly earnings on July 28.
Kotak Mahindra Bank Q1 (Standalone YoY)
Profit tanks 47.5% to Rs 3,281.7 crore Vs Rs 6,249.8 crore
Net interest income grows 6.1% to Rs 7,259.3 crore Vs Rs 6,842.4 crore
Provisions and contingencies jump 108.8% to Rs 1,207.8 crore Vs Rs 578.5 crore
Exceptional item Nil Vs exceptional gain of Rs 3,519.9 crore
Gross NPA rises to 1.48% Vs 1.42% (QoQ)
Net NPA increases to 0.34% Vs 0.31% (QoQ)
Bank of Baroda Q1 (Standalone YoY)
Profit rises 1.9% to Rs 4,541.4 crore Vs Rs 4,458.2 crore
Net interest income falls 1.4% to Rs 11,434.8 crore Vs Rs 11,600 crore
Provisions and contingencies jump to Rs 1,967 crore Vs Rs 1,010.7 crore
Gross NPA increases to 2.28% Vs 2.26% (QoQ)
Net NPA rises to 0.6% Vs 0.58% (QoQ)
IDFC First Bank Q1 (Standalone YoY)
Profit sinks 32% to Rs 462.6 crore Vs Rs 680.7 crore
Net interest income grows 5.1% to Rs 4,933.1 crore Vs Rs 4,695 crore
Provisions and contingencies zoom 66.8% to Rs 1,659.1 crore Vs Rs 994.4 crore
Gross NPA jumps to 1.97% Vs 1.87% (QoQ)
Net NPA rises to 0.55% Vs 0.53% (QoQ)
Central Depository Services (CDSL) Q1 (Consolidated YoY)
Profit declines 23.7% to Rs 102.4 crore Vs Rs 134.2 crore
Revenue increases 0.6% to Rs 258.8 crore Vs Rs 257.4 crore
Balkrishna Industries Q1 (Consolidated YoY)
Profit plunges 41.2% to Rs 288.3 crore Vs Rs 490 crore
Revenue rises 1.7% to Rs 2,760 crore Vs Rs 2,714.5 crore
Whirlpool of India Q1 (Consolidated YoY)
Profit increases 0.6% to Rs 146.1 crore Vs Rs 145.3 crore
Revenue declines 2.6% to Rs 2,432.3 crore Vs Rs 2,496.9 crore
Jain Irrigation Systems Q1 (Consolidated YoY)
Profit grows 2.5% to Rs 13.9 crore Vs Rs 13.6 crore
Revenue rises 4.6% to Rs 1,545.7 crore Vs Rs 1,477.9 crore
Jammu & Kashmir Bank Q1 (Standalone YoY)
Profit jumps 16.7% to Rs 484.8 crore Vs Rs 415.5 crore
Net interest income grows 7% to Rs 1,465.5 crore Vs Rs 1,369.2 crore
Gross NPA climbs to 3.50% Vs 3.37% (QoQ)
Net NPA rises to 0.82% Vs 0.79% (QoQ)
Steel Authority of India Q1 (Consolidated YoY)
Profit zooms over 9-fold to Rs 744.6 crore Vs Rs 81.8 crore
Revenue grows 8% to Rs 25,921.8 crore Vs Rs 23,997.8 crore
Orient Cement Q1 (YoY)
Profit spikes 459.4% to Rs 205.4 crore Vs Rs 36.7 crore
Revenue increases 24.4% to Rs 866.5 crore Vs Rs 696.3 crore
RPG Life Sciences Q1 (YoY)
Profit falls 1.8% to Rs 26.3 crore Vs Rs 26.8 crore
Revenue rises 2.1% to Rs 168.9 crore Vs Rs 165.4 crore
Petronet LNG Q1 (Consolidated YoY)
Profit plunges 23.8% to Rs 841.9 crore Vs Rs 1,105.5 crore
Revenue declines 11.4% to Rs 11,879.9 crore Vs Rs 13,415.1 crore
Prataap Snacks Q1 (YoY)
Profit sinks 93.7% to Rs 0.7 crore Vs Rs 9.4 crore
Revenue drops 2.5% to Rs 411 crore Vs Rs 421.4 crore
Tamilnad Mercantile Bank Q1 (YoY)
Profit rises 6.1% to Rs 304.9 crore Vs Rs 287.3 crore
Net interest income increases 2.3% to Rs 579.6 crore Vs Rs 566.6 crore
Gross NPA falls to 1.22% Vs 1.25% (QoQ)
Net NPA declines to 0.33% Vs 0.36% (QoQ)
Sobha Q1 (Consolidated YoY)
Profit zooms 125% to Rs 13.6 crore Vs rs 6.1 crore
Revenue grows 33% to Rs 851.9 crore Vs Rs 640.4 crore
Tata Chemicals Q1 (Consolidated YoY)
Profit soars 87% to Rs 252 crore Vs Rs 135 crore
Revenue declines 1.8% to Rs 3,719 crore Vs Rs 3,789 crore
SBI Cards and Payment Services Q1 (YoY)
Profit drops 6.5% to Rs 556 crore Vs Rs 594.5 crore
Net interest income grows 13.8% to Rs 1,680.3 crore Vs Rs 1,476.5 crore
Gujarat Mineral Development Corporation Q1 (Consolidated YoY)
Profit declines 11% to Rs 163.8 crore Vs Rs 184 crore
Revenue falls 10.5% to Rs 732.6 crore Vs Rs 818.1 crore
Aadhar Housing Finance Q1 (Standalone YoY)
Profit jumps 18.6% to Rs 237.3 crore Vs Rs 200.1 crore
Net interest income grows 21.6% to Rs 428.2 crore Vs Rs 352.1 crore
Poonawalla Fincorp Q1 (Standalone YoY)
Profit plunges 78.5% to Rs 62.6 crore Vs Rs 291.6 crore
Net interest income grows 11% to Rs 639.3 crore Vs Rs 576.1 crore
Impairment on financial instruments zooms 467.4% to Rs 241.1 crore Vs Rs 42.5 crore
Home First Finance Company India Q1 (YoY)
Profit zooms 35.5% to Rs 118.9 crore Vs Rs 87.8 crore
Net interest income grows 32.6% to Rs 194.1 crore Vs Rs 146.4 crore
Sigachi Industries Q1 (Consolidated YoY)
Loss stands at Rs 100.4 crore Vs profit of Rs 13.2 crore
Revenue jumps 34% to Rs 128.2 crore Vs Rs 95.7 crore
Exceptional loss at Rs 121 crore Vs Nil
Schaeffler India Q1 (Consolidated YoY)
Profit grows 17% to Rs 287.1 crore Vs Rs 245.5 crore
Revenue rises 11.7% to Rs 2,352.6 crore Vs Rs 2,106.8 crore
Stocks to Watch
The company has received final approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Carbamazepine extended-release tablets. These tablets are used as an anticonvulsant drug and for the treatment of pain associated with true trigeminal neuralgia. Carbamazepine had an estimated market size of $71 million for the twelve months ending March 2025, according to IQVIA.
The company has secured a Rs 380 crore order from the Bangalore Water Supply and Sewerage Board (BWSSB), which is funded by the World Bank. The order involves the design, engineering, construction, and commissioning of wastewater treatment plants with tertiary treatment facilities, biogas generation, solar sludge drying beds, and intermediate pumping stations, along with associated piping works.
The company has received a Letter of Intent from Bharat Electronics (BEL) for a project worth Rs 177.2 crore. The project involves the design, project management consultancy (PMC) services, and construction of a mass manufacturing facility for EM SBU at BEL – Palasamudram (Andhra Pradesh).
The company has made an investment of Rs 565.4 crore in its step-down wholly-owned subsidiary, Dr Reddy’s Laboratories LLC, Russia, for a 45.19% equity stake.
Zubin Mody has resigned as Chief Human Resources Officer and Senior Management Personnel of the bank, effective October 24, to pursue new opportunities outside the organization.
Additionally, the Reserve Bank of India (RBI) has granted approval for the extension of the tenure of the Committee of Executives for one month, effective July 29, or until a new MD & CEO is appointed and assumes charge, whichever is earlier.
The National Company Law Tribunal (NCLT), Hyderabad, has allowed the withdrawal of the application for the corporate insolvency resolution process for KSK Water Infrastructures under the Insolvency and Bankruptcy Code. The company will be taking necessary steps to implement the settlement plan.
The company announced the successful completion of the Russian GMP (Good Manufacturing Practice) inspection at its Active Pharmaceutical Ingredient (API) manufacturing facility in Dholka, Gujarat. The inspection was conducted during July 22–25.
The Board has approved the proposed variation in the objects or terms of utilisation of the initial public offering (IPO) proceeds and the extension of the time limit for their utilisation. This is subject to the receipt of shareholders’ approval.
Bulk Deals
Promoter Bommi Surekha Reddy sold 4.65 lakh shares at Rs 1,280.68 per share.
Authum Investment & Infrastructure
Fidelity Securities Fund: Fidelity Blue Chip Growth Fund bought 22.67 lakh shares, and Goldman Sachs (Singapore) Pte acquired 8.89 lakh shares at Rs 2,250 per share. However, promoter Mentor Capital sold 58 lakh shares at Rs 2,253.57 per share.
Block Deals
First Water Fund bought 1.88 lakh shares at Rs 600 per share from Haresh Tikamdas Kaswani.
First Water Fund acquired 2.23 lakh shares at Rs 1,120 per share from Haresh Tikamdas Kaswani.
SME Listing on July 28
Swastika Castal
Savy Infra & Logistics
Stocks Trade Ex-Dividend
Wipro
DLF
Cosmo First
CRISIL
EIH Associated Hotels
KPIT Technologies
Shyam Metalics and Energy
The Yamuna Syndicate
Stock Trades Ex-Date for Bonus, Split
GTV Engineering
Stock Trades Ex-Date for Rights
Indian Infotech & Software
Stock Trades Ex-Bonus
Jonjua Overseas
Stock in F&O ban
RBL Bank
Stock out of F&O ban
Indian Energy Exchange
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