logo
Stocks to Watch today, July 29: GAIL, Waaree Energies, IndusInd Bank, ONGC

Stocks to Watch today, July 29: GAIL, Waaree Energies, IndusInd Bank, ONGC

Stocks to Watch Today, Tuesday, July 29, 2025: The Indian equity markets are likely to start on a positive note on Tuesday with GIFT Nifty futures trading 50 points higher at 24,760 at 7:58 AM.
Markets in the Asia-Pacific region were trading lower on Tuesday as investors awaited the outcome of the ongoing US-China trade talks. South Korea's Kospi was down 1.09 per cent, Japan's Nikkei 225 was trading lower by 0.61 per cent, and Australia's ASX 200 lost 0.42 per cent.
Overnight in the US, Wall Street's major indices — the S&P 500 and the tech-heavy Nasdaq Composite — ended at record-high closing levels, with gains of 0.02 per cent and 0.33 per cent, respectively, as investors gauged the US-EU trade pact.
Meanwhile, here is a list of stocks to watch today:
Gail (India): The PSU has reported a decline of 25.5 per cent year-on-year (Y-o-Y) in its net profit of ₹2,369.20 crore for the first quarter of the financial year 2025-26 (Q1FY26), from ₹3,182.93 crore in the same quarter last year. On a quarter-on-quarter (QoQ) basis, the profit was down 4.9 per cent from ₹2,491.76 crore in Q4 FY25. The decline in the profit can be attributed to the decline in profit before interest and tax (PBIT) in the Natural Gas marketing segment to ₹661.25 crore in Q1 FY26 from ₹2,056.58 crore in the same quarter last year.
Adani Green: The company has reported a surge of 60 per cent Y-o-Y in its net profit in the Q1FY26 to ₹713 crore against ₹446 crore reported in the corresponding quarter of the previous fiscal year. During the quarter under review, the company's revenue from operations from power supply rose 31 per cent Y-o-Y to ₹3,312 crore, from ₹2,528 crore in Q1FY25.
Adani-Total Gas: The company has reported an 8 per cent fall in its Q1FY26 net profit to ₹162 crore against ₹176 crore reported in Q1FY25. The fall came after a cut in the supply of cheaper domestically produced gas led to higher input prices. During the quarter under review, the cost of natural gas, which the firm converts into CNG for sale to automobiles and pipes to household kitchens for cooking, rose 31 per cent to ₹1,049 crore in the quarter.
Waaree Energies: The company's profit after tax (PAT) soared 92.68 per cent Y-o-Y to ₹772.89 crore in the Q1FY26 from ₹401.13 crore reported in the Q1FY25. During the quarter under review, the company's total income came at ₹4,597.18 crore, a jump of 31.48 per cent Y-o-Y from ₹3,496.41 crore reported in the Q1FY25. The company's earnings before interest, taxes, depreciation, and amortisation (Ebitda) rose 82.61 per cent Y-o-Y to ₹1,168.67 crore from ₹639.99 crore reported during the same period a year ago.
Go Digit: The company has reported its net profit at ₹138 crore in the Q1FY26, a jump of 36.63 per cent Y-o-Y from ₹101 crore in the year-ago period. During the quarter, the company's gross premium written (GWP) of the general insurer rose by 12.1 per cent Y-o-Y to ₹2,982 crore.
IndusInd Bank: The private sector lender has reported a 72 per cent Y-o-Y fall in net profit to ₹604 crore in the Q1FY26, weighed by higher provisions for retail loans, apart from lower income from both core and non-core operations. The bank's net interest income (NII) dropped 14 per cent Y-o-Y during the Q1FY26 to ₹4,640 crore due to a shrinking loan book. On a sequential basis, NII was up 52 per cent. Other income was down 12 per cent Y-o-Y to ₹2,157 crore.
Oil and Natural Gas Corporation (ONGC): The state-owned company, in partnership with BP Exploration (Alpha) and Reliance Industries (RIL), has formally signed a Joint Operating Agreement (JOA) for offshore exploration of Block GS-OSHP-2022/2, awarded under the Open Acreage Licensing Policy (OALP) Bid Round-IX.
MAN Industries (India): The carbon steel line pipes manufacturer has raised ₹255 crore through a preferential issue of equity shares to non-promoter investors.
Q1FY26 results today
Among the companies scheduled to release their results for the Q1FY26 include Asian Paints, NTPC, Larsen & Toubro, Bank of India, Varun Beverages, GMR Airports, Amber Enterprises India, Piramal Enterprises, and New India Assurance Company.
Besides these, Star Health & Allied Insurance Company, Welspun Corp, Jubilant Pharmova, Deepak Fertilisers, and Happiest Minds Technologies are also slated to announce their June quarter results today.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

TOI Bharat Abroad: Pichai's Payday, Pelosi's Challenger, Mamdani's Bash
TOI Bharat Abroad: Pichai's Payday, Pelosi's Challenger, Mamdani's Bash

Time of India

time11 minutes ago

  • Time of India

TOI Bharat Abroad: Pichai's Payday, Pelosi's Challenger, Mamdani's Bash

Bharat in your inbox — every week. News, views, and stories that matter to the global Indian. This week in TOI Bharat Abroad: Sundar Pichai joins the billionaire club after a decade steering Google; Saikat Chakrabarti takes on the Democratic establishment with a direct challenge to Nancy Pelosi; and New York mayoral candidate Zohran Mamdani throws a secretive, star-studded wedding in Uganda that felt part Bourne, part Bollywood. THE BIG STORY Sundar Pichai enters billionaire club after decade at Google's helm Sundar Pichai, CEO of Alphabet, has officially joined the billionaire ranks with a net worth of $1.1 billion, per Bloomberg — a rare feat for a non-founder in Silicon Valley. Why it matters: Pichai's rise marks a shift in tech's power structure, where operational leadership now rivals founder mythos. With just 0.02% ownership in Alphabet, he built his fortune through over $650 million in stock sales and bonuses, not equity windfalls. Driving the news: Alphabet's market value has surged by over $1 trillion since early 2023, fuelled by record AI infrastructure investment under Pichai's leadership. In 2025 alone, Alphabet will spend $85 billion on AI. YouTube and Google Cloud now earn more annually than all of Alphabet did when Pichai became CEO in 2015. Born in Tamil Nadu and educated at IIT Kharagpur and Stanford, Pichai's journey — from a two-room home to the helm of a trillion-dollar company — represents a new kind of tech success: quiet, global, and relentlessly effective. Read article. NRI Watch Saikat Chakrabarti takes on Dem Godmother Indian-origin political organiser Saikat Chakrabarti — best known as AOC's ex-aide and Justice Democrats co-founder — is taking on Speaker Emerita Nancy Pelosi in California's 11th District. His 'Mission for America' campaign blends climate action, jobs, and economic reform, and rejects all corporate PAC money. Born to Bengali parents in Texas, Chakrabarti is challenging what he sees as a complacent Democratic establishment post-Trump's re-election. Pelosi remains the favourite, but Chakrabarti's candidacy signals a deeper generational battle within the party — and a rare desi voice in the heart of America's progressive insurgency. Read article. Offbeat A Big Fat Ugandan Wedding New York mayoral candidate Zohran Mamdani's three-day wedding in Uganda made waves for its secrecy and scale. Held at his family's estate in Kampala's upscale Buziga Hill, the event featured armed guards, masked security, phone jammers, and luxury convoys. Mamdani, 33, born in Uganda and raised in New York, married artist Rama Duwaji in February but hosted the formal bash recently. Guests partied under tree canopies lit with fairy lights, overlooking Lake Victoria. The estate, owned by his parents—filmmaker Mira Nair and scholar Mahmood Mamdani—became a fortress, with over 20 guards and military-style tents. The celebration ended Friday night with a quiet teardown and no official comment from the couple. Read article. In the News Did you know? SPOTLIGHT Infographic Facebook Twitter Linkedin Email Disclaimer Views expressed above are the author's own.

Trump Imposes Tariff on India  Russia Earthquake & Volcano Eruption
Trump Imposes Tariff on India  Russia Earthquake & Volcano Eruption

The Hindu

time11 minutes ago

  • The Hindu

Trump Imposes Tariff on India Russia Earthquake & Volcano Eruption

U.S. President Donald Trump has announced a 25% tariff on Indian goods starting August 1, along with an additional penalty. In a post on Truth Social, Trump criticized India's high tariffs, limited trade ties with the U.S., and continued purchases of oil and military equipment from Russia amidst the Ukraine war. He called India a 'friend' but warned that its actions are indirectly supporting Russia's war machine. This move follows earlier warnings from U.S. lawmakers and NATO officials about strict trade penalties on countries engaging with Russia. Amid rising geopolitical tension, India and the U.S. marked a breakthrough in space cooperation with the successful launch of the NISAR (NASA-ISRO Synthetic Aperture Radar) satellite. Launched on July 30 aboard ISRO's GSLV-F16 rocket, the satellite will track changes in the Earth's surface, monitor natural disasters, and study ecosystems. Scientists call this dual-band radar satellite a game changer for both climate science and disaster response. A powerful 8.8-magnitude earthquake struck Russia's Kamchatka Peninsula, shaking buildings and triggering tsunami warnings. Just hours later, the Klyuchevskoy volcano erupted, sending glowing lava down its slopes. Scientists believe the seismic activity likely triggered the eruption. The region remains on high alert for aftershocks and further volcanic activity. Script & Voiceover: Zeeshan Akhtar Editing: Zeeshan Akhtar

Indian IT sector not directly hit by US tariffs, yet ripple effects could be substantial: EY India
Indian IT sector not directly hit by US tariffs, yet ripple effects could be substantial: EY India

Time of India

time11 minutes ago

  • Time of India

Indian IT sector not directly hit by US tariffs, yet ripple effects could be substantial: EY India

Though the Indian IT services sector is not directly hit by the newly-announced 25% US tariffs on goods, the ripple effects could be "substantial" as rising input costs may prompt US companies to scale back discretionary tech spends, Nitin Bhatt, technology sector leader at EY India said on tariff announcement comes at a time when the export-led Indian IT industry is grappling with macroeconomic uncertainties and the advent of Artificial Intelligence (AI)."While the Indian IT services sector isn't directly hit by the newly announced 25% US tariffs, the ripple effects could be substantial. Rising input costs may prompt US companies to scale back discretionary tech spending. Simultaneously, growing unease around workforce mobility and evolving digital taxation frameworks could redefine how cross-border services are priced and delivered," Bhatt that pivot to hybrid delivery models, diversify geographically, and embed AI at scale will be better positioned, not just to weather demand volatility, but to lead in an increasingly fragmented and uncertain global landscape, Bhatt pointed largest IT services company TCS is preparing to lay off over 12,000 professionals, or two per cent of its global workforce this year, in what it describes as a broader strategy to become a 'future-ready organisation', with a focus on investments in technology, AI deployment, market expansion, and workforce watchers believe that firings at TCS ' could send fresh tremors in the tech top IT services companies have delivered single-digit revenue growth in Q1FY26, capping off a somewhat-sobering June quarter as macroeconomic instability and geopolitical tensions have weighed on global tech demand and delayed client MD and Chief Executive K Krithivasan recently said the company is experiencing a " demand contraction " due to the continued uncertainties on the macroeconomic and geopolitical fronts, and added that he does not see a double-digit revenue growth in had explained the delays in decision-making experienced in the preceding quarter have "intensified" now, and hoped for the discretionary spends - a prime mover of revenue growth for IT companies - would return once the uncertainties ebb.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store