Indian stock markets ended the session on a flat note today, with benchmark indices closing in the green with marginal gains. At close, Sensex was up 144 points (0.18 percent) at 81,482, while Nifty 50 was up 34 points (0.14 percent) at 24,855.
2/10
The shares of Larsen and Toubro (L&T) gained 5 percent, as market positively responded to the engineering and construction major's June quarter earnings. The shares emerged as the top Nifty 50 gainer. The company on July 29 reported a consolidated net profit of Rs 3,617 crore for the April-June quarter of the financial year 2026. This marks a 30 percent on-year rise from the Rs 2,786 crore net profit reported in the same quarter last year. L&T's revenue from operations rose 15.5 percent on-year to Rs 63,679 crore in Q1 FY26, as against Rs 55,120 crore in the year-ago period.
3/10
Value-retailing major Avenue Supermarts, or DMart, told analysts during an investor call on July 30 that the company will step up on store additions going forward, and that the competition from quick commerce is unlikely to affect its financial performance, sending shares higher by over 7 percent. D-mart's total store count as on date stands at 426, the company said, adding 11 stores during the June quarter.
4/10
New India Assurance shares rallied nearly 15 percent after the PSU insurer reported strong earnings for the first quarter of the financial year 2026. The New India Assurance Company on July 29 reported gross premium income of Rs 13,334 crore for the April-June quarter of the financial year 2026. This marks a 13 percent increase from the Rs 11,788 crore gross premium income reported in the corresponding quarter of the previous financial year. The firm's profit after tax jumped more than 80 percent on-year to Rs 391 crore in Q1 FY26, from Rs 217 crore in Q1 FY25. The insurer however noted that the Air India’s plane crash in June had an adverse impact on the underwriting results.
International Gemmological Institute (IGIL) on July 29 reported a net profit of Rs 126 crore for Q1 FY26. This marks a rise of more than 62 percent on-year from the Rs 77.8 crore net profit reported in the corresponding quarter of the previous financial year. The firm’s revenue from operations meanwhile rose nearly 16 percent on-year to Rs 301 crore during the quarter under review. IGIL shares rallied nearly 8 percent to hit an intraday high of Rs 442 apiece.
6/10
Shares of Ather Energy rallied over 3 percent intraday after the electric vehicle maker signed an MoU with the Commerce Ministry to speed up growth in clean mobility and advanced manufacturing, as part of the Build in Bharat initiative led by Startup Policy Forum (SPF), a government statement said on July 29. Following the development, Nomura and HSBC initiated coverage with a buy on the counter. As part of the tie up, Ather Energy will focus on 'strategic mentorship' for deep-tech startups, along with infrastructure-related support for upcoming players in the EV value chain.
7/10
Shares of technology solutions company Axiscades jumped 5 percent on the back of 'significant' new orders totalling up to Rs 600 crore through its defence subsidiaries, the company informed through an exchange filing. The orders add to the existing orderbook and are expected to be executed over next 3-5 years, providing a 'steady revenue stream' with prototyping and full-scale production phases, said Axiscades. The latest orders are significant and add up to a third of the company's current orderbook which is reaching around Rs 1,800 crore.
8/10
Shares of Tata Motors dropped 4 percent after reports emerged that the Indian auto major is in advanced talks to acquire the truck division of Italy’s Iveco Group in a deal valued at $4.5 billion. According to CNBC TV-18, discussions between Tata Motors and the Agnelli family-owned Iveco are centred around the commercial and defence truck business. Iveco has publicly acknowledged that it is exploring a potential sale of its industrial vehicle unit, although a final decision is yet to be announced. If sealed, the transaction would mark the Tata Group’s second-largest buyout after the landmark Corus acquisition in 2007. It would also become Tata Motors’ biggest purchase since the $2.3 billion takeover of Jaguar Land Rover in 2008.
Shares of Triveni Engineering & Industries fell nearly 8% to an over three-month low of Rs 338.35 after the company posted a steep decline in its consolidated net profit for the June quarter. At 2 pm on July 30, the stock was down 7% and over 16 lakh shares of the company changed hands, against 1.07 lakh shares traded till the same time Tuesday. This is the highest volume of shares that changed hands in July.
10/10
Northern Arc Capital on July 29 reported a net profit of Rs 81 crore in Q1 FY26. This marks a 13 percent on-year drop from the Rs 93.5 crore net profit reported in Q1 FY25. The firm's revenue from operations rose 5 percent on-year to Rs 605 crore. The shares of the company tumbled 4 percent to trade at Rs 235 apiece. The stock has dropped nearly 11 percent in the past five days, but gained nearly 21 percent in the past six months.
