Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, fund raising and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:
Results Today
Hindustan Unilever, Maruti Suzuki India, Coal India, Eicher Motors, Sun Pharmaceutical Industries, Adani Enterprises Ambuja Cements, Swiggy, PB Fintech, One Mobikwik Systems, TVS Motor Company, Vedanta, Aarti Industries, Chalet Hotels, Chambal Fertilisers & Chemicals, Cholamandalam Investment and Finance Company, Dabur India, Emami, ICRA, Indegene. JSW Energy, Dr Lal PathLabs, Mankind Pharma, R R Kabel, Skipper, TeamLease Services, and Thermax will release their quarterly earnings on July 31.
Quarterly Earnings
Tata Steel Q1 (Consolidated YoY)
Profit zooms 118.5% to Rs 2,007.4 crore Vs Rs 918.6 crore
Revenue falls 2.9% to Rs 53,178.1 crore Vs Rs 54,771.4 crore
EBITDA grows 11% to Rs 7,427.5 crore Vs Rs 6,694.5 crore
EBITDA margin expands to 13.97% Vs 12.22%
Mahindra and Mahindra Q1 (Consolidated YoY)
Profit jumps 24.4% to Rs 4,083.3 crore Vs Rs 3,282.6 crore
Revenue soars 22.8% to Rs 45,435.9 crore Vs Rs 37,010 crore
InterGlobe Aviation Q1 (Consolidated YoY)
Profit drops 20.2% to Rs 2,176.3 crore Vs Rs 2,728.8 crore
Revenue increases 4.7% to Rs 20,496.3 crore Vs Rs 19,570.7 crore
EBITDAR declines 1.2% to Rs 5,738.6 crore Vs Rs 5,811.1 crore
EBITDAR margin falls to 28% Vs 29.7%
IIFL Finance Q1 (Consolidated YoY)
Profit drops 19% to Rs 233.4 crore Vs Rs 288.1 crore
Revenue grows 12.7% to Rs 2,952.8 crore Vs Rs 2,621 crore
Computer Age Management Services Q1 (Consolidated YoY)
Profit rises 0.8% to Rs 109.1 crore Vs Rs 108.2 crore
Revenue jumps 6.9% to Rs 354.2 crore Vs Rs 331.4 crore
Sonata Software Q1 (Consolidated YoY)
Profit increases 3.5% to Rs 109.3 crore Vs Rs 105.6 crore
Revenue soars 17.3% to Rs 2,965.2 crore Vs Rs 2,527.4 crore
Relaxo Footwears Q1 (YoY)
Profit rises 10.2% to Rs 48.9 crore Vs Rs 44.4 crore
Revenue drops 12.5% to Rs 654.5 crore Vs Rs 748.2 crore
ITD Cementation India Q1 (Consolidated YoY)
Profit zooms 37% to Rs 137.2 crore Vs Rs 100.2 crore
Revenue grows 6.8% to Rs 2,542.4 crore Vs Rs 2,381.5 crore
Kaynes Technology Q1 (Consolidated YoY)
Profit surges 46.9% to Rs 74.6 crore Vs Rs 50.8 crore
Revenue soars 33.6% to Rs 673.5 crore Vs Rs 504 crore
Fino Payments Bank Q1 (YoY)
Profit tanks 26.8% to Rs 17.8 crore Vs Rs 24.3 crore
Net interest income zooms 52.1% to Rs 32.6 crore Vs Rs 21.4 crore
Tax expenses at Rs 6.87 crore Vs Nil
Sagility India Q1 (Consolidated YoY)
Profit spikes 566.4% to Rs 148.6 crore Vs Rs 22.3 crore
Revenue jumps 25.8% to Rs 1,538.9 crore Vs Rs 1,223.3 crore
JB Chemicals and Pharmaceuticals Q1 (Consolidated YoY)
Profit rises 14.4% to Rs 202.4 crore Vs Rs 176.8 crore
Revenue increases 8.9% to Rs 1,093.9 crore Vs Rs 1,004.4 crore
Pokarna Q1 (Consolidated YoY)
Profit declines 14.5% to Rs 28.3 crore Vs Rs 33.1 crore
Revenue falls 11.2% to Rs 171 crore Vs Rs 192.6 crore
Indraprastha Gas Q1 (Consolidated YoY)
Profit drops 10.9% to Rs 427.8 crore Vs Rs 480.2 crore
Revenue grows 11.3% to Rs 3,914 crore Vs Rs 3,516.7 crore
Hitachi Energy Q1 (YoY)
Profit spikes nearly 13-fold to Rs 131.6 crore Vs Rs 10.42 crore
Revenue increases 11.4% to Rs 1,478.9 crore Vs Rs 1,327.2 crore
Navin Fluorine International Q1 (Consolidated YoY)
Profit surges 128.8% to Rs 117.2 crore Vs Rs 51.2 crore
Revenue jumps 38.5% to Rs 725.4 crore Vs Rs 523.7 crore
Stocks to Watch
Gujarat Gas
The company has slashed industrial gas prices by Rs 3.25 per SCM (standard cubic metre) to Rs 52.23 per SCM, effective August 1, reports CNBC-TV18.
Aurobindo Pharma
The company's subsidiary, Aurobindo Pharma USA Inc, has entered into a definitive agreement with Lannett Seller Holdco Inc, under which Aurobindo Pharma USA Inc will acquire 100% of the membership interest in Lannett Company LLC from Lannett Seller Holdco Inc, at an enterprise value of $250 million (Rs 2,185 crore).
Jio Financial Services
The Board has approved the raising of funds through the issuance of up to 50 crore warrants at Rs 316.50 per warrant, aggregating up to Rs 15,825 crore, via preferential issue on a private placement basis to members of the promoter group of the company.
RITES
The transport infrastructure consultancy has signed a Memorandum of Understanding (MoU) with NABARD Consultancy Services (NABCONS), a wholly owned subsidiary of the National Bank for Agriculture and Rural Development (NABARD), for infrastructure and rural development projects in India and abroad.
Bharat Forge
The company will establish a new advanced ring mill for aerospace applications, following the signing of contracts with Pratt & Whitney, Canada, for the supply of aerospace components. The new ring mill will be set up as part of BFL’s ongoing expansion of its aerospace manufacturing capabilities.
LTIMindtree
The technology consulting and digital solutions company has launched BlueVerse CraftStudio, a next-generation agency that harnesses Adobe’s latest AI-powered innovations to help organizations streamline their marketing operations and unlock significant business benefits.
Bulk Deals
Awfis Space Solutions
VBAP Holdings sold 7.6 lakh shares at Rs 595.13 per share, valued at Rs 45.2 crore.
Mainboard Listing on July 31
Brigade Hotel Ventures
Stocks Trade Ex-Dividend
Balkrishna Industries
Bharat Petroleum Corporation
Coforge
Carborundum Universal
Chembond Material Technologies
Cheviot Company
Prataap Snacks
Godrej Agrovet
GPT Infraprojects
Granules India
Igarashi Motors India
IG Petrochemicals
ITD Cementation India
JK Tyre & Industries
Kirloskar Oil Engines
KPT Industries
Menon Bearings
Rama Phosphates
TTK Prestige
United Breweries
Usha Martin
V-Guard Industries
Stock Trades Ex-Bonus
Abate As Industries
Stock Out of F&O ban
RBL Bank
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