Stocks To Watch: UltraTech, Eternal, RIL, ICICI Bank, HDFC Bank, And Others
Stocks to watch: Shares of firms like UltraTech, Eternal, RIL, ICICI Bank, HDFC Bank, Jio Financials, and others will be in focus on Monday's trade
Stocks to Watch on Monday, July 21, 2025: Indian stock markets ended their third consecutive week in the red, as investors remained cautious amid a lackluster start to the earnings season and uncertainty over the US-India trade deal. On Monday, July 21, shares of UltraTech Cement, Eternal, Reliance Industries, ICICI Bank, HDFC Bank, Jio Financial, and others will be in focus.
Eternal, IDBI Bank, UltraTech Cement, and PNB Housing Finance will be under the spotlight as these companies are scheduled to announce their June-quarter (Q1FY26) earnings today.
Reliance Industries (RIL)
RIL reported a strong start to FY26 with consolidated net profit soaring 76% year-on-year to Rs 26,994 crore.
ICICI Bank
The bank delivered a solid performance in Q1, with Net Interest Income rising 10.6% YoY to Rs 21,635 crore, while net profit grew 15.4% YoY to Rs 12,768 crore.
HDFC Bank
Jio Financial and Allianz Group, via its subsidiary Allianz Europe B.V., signed a binding agreement to form a 50:50 domestic reinsurance joint venture, targeting India's rapidly growing insurance sector.
Yes Bank
The bank posted a 59% YoY jump in standalone net profit for Q1FY26, rising to Rs 801 crore from Rs 502 crore a year earlier.
JSW Steel
The steelmaker's net profit surged to Rs 2,184 crore, up from Rs 845 crore in the same quarter last year.
RBL Bank
RBL Bank delivered a weak set of numbers, with Net Interest Income falling 13% YoY to Rs 1,480.6 crore and net profit plunging 46% to Rs 200 crore.
JK Cement
The cement maker reported a 75.5% YoY jump in net profit to Rs 324.3 crore, while revenue rose 19.4% to Rs 3,352.5 crore in Q1FY26.
Warburg Pincus
Private equity firm Warburg Pincus, through Currant Sea Investments B.V., has received approval from the Reserve Bank of India to acquire a 9.99% stake in IDFC First Bank.
Punjab & Sind Bank
The state-run lender posted a 48% rise in Q1 net profit to Rs 269 crore.
Dr Reddy's Laboratories
The USFDA issued a Form 483 with seven observations after completing a GMP and pre-approval inspection at the company's FTO 11 formulations facility in Srikakulam, Andhra Pradesh.
view comments
Location :
New Delhi, India, India
First Published:
July 21, 2025, 07:48 IST
News business » markets Stocks To Watch: UltraTech, Eternal, RIL, ICICI Bank, HDFC Bank, And Others
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
27 minutes ago
- Business Standard
Higher US tariffs may trim India's GDP growth by 30 bps: Barclays
The 25 per cent US tariffs, plus a penalty for Russian imports, could dent India's GDP growth by 30 basis points in the current fiscal, but the higher duty is unlikely to significantly affect India's domestic demand-driven economy, Barclays said on Thursday. If the 25 per cent tariff, announced by US President Donald Trump on Wednesday, is implemented from August 1, the effective average US import tariff on Indian goods will rise to 20.6 per cent in trade-weighted terms, as per Barclays estimates. This is sharply higher than both the pre 'liberation day' tariff rate of 2.7 per cent and the 90-day pause tariff rate of 11.6 per cent. In contrast, India's import tariff on US goods is lower, at 11.6 per cent in trade-weighted terms. Barclays said that given the relatively closed nature of the Indian economy, wherein domestic demand is the mainstay of growth. "We do not see this 25 per cent tariff threat impacting GDP growth meaningfully, pegging the likely impact at 30 bp. We expect final tariffs on India to settle in lower than the announced 25 per cent, as India and the US continue with trade deal talks," it said. Indian economy is projected to grow at 6.5 per cent by the Reserve Bank-- same as last fiscal, while the International Monetary Fund (IMF) and Asian Development Bank (ADB) peg growth at 6.4 per cent and 6.5 per cent respectively. At 25 per cent, tariffs on India are higher than EM Asian peers, but Barclays expect final tariffs to settle lower as trade deal talks progress. Echoing similar views, Moody's Analytics Associate Economist Aditi Raman said while the US is India's largest trade partner, the Indian economy is relatively more domestically oriented than most of the region and relies far less on trade. "Pharmaceuticals, gems, and textiles are key sectors that are likely to be hit. A point of contention is market access to the key agricultural and dairy sector, which India has historically been reluctant to grant," Raman said. Barclays further said, India is already diversifying its sources of oil supply. Should the additional 'penalty' threat materialise, we expect Indian refiners to pivot towards alternate suppliers, especially as the discount on imports of Russian oil has already narrowed. To diversify its export base, the Indian administration is showcasing a renewed zeal to ink free-trade agreements with other countries and regions. "Amid heightened global trade policy uncertainty, having a pipeline of such bilateral trade agreements is a prudent policy choice," Barclays said. India has recently inked an FTA with the US and the EFTA bloc, and it is negotiating with a number of countries, including the European Union, Oman and New Zealand. The US is India's largest trading partner, accounting for 18 per cent of India's total merchandise exports in 2024. India's USD 80 billion merchandise exports to the US are distributed in sectors which also form India's overall major exports. India's top exports to the US, electrical machinery (USD 12 billion, including smartphones), and gems and jewellery (USD 9 billion) now face tariff increases of just over 24 percentage points, compared with levels before April 2. On the rupee, Barclays said that although more pain is expected in the near term, the drop in INR vis--vis USD still looks overdone. The INR, which had already been under pressure over recent weeks, fell sharply on the tariff news, hitting a low weaker than 87.50 versus USD. "We think the rupee is looking oversold in the short term. Clearly, USDINR has bounced more than anticipated, but we think the February high of just under 88.0 remains a strong resistance level," Barclays said.
Mint
27 minutes ago
- Mint
Nagaraj Shetti suggests Alkyl Amines, Star Health shares to buy in the short term; do you own?
Stock market today: Indian stock markets reduced their initial declines on Thursday as investors perceived the US threat of a 25% tariff and unspecified penalties, set to take effect on August 1, more as a bargaining strategy than a definitive action. As of 11:40 IST, the Nifty 50 was down 0.26% at 24,791.45 points, while the BSE Sensex fell 0.28% to 81,259.37. Both indices had dropped approximately 0.9% during early trading. Following the tariff announcement, President Donald Trump indicated that the US is still in trade negotiations with India. The proposed 25% tariff on Indian imports, along with a penalty related to energy and defense agreements with Russia, poses a clear short-term threat to exports and GDP growth, according to three analysts. As per Nagaraj Shetti from HDFC Securities, any additional decline in the Nifty 50 may encounter significant support between the 24,600 and 24,500 levels in the upcoming sessions. Shetti recommends two stocks to buy in the short-term. Here's what Shetti says about the overall market. After showing a narrow range movement on Wednesday, Nifty 50 slipped into sharp weakness on Thursday on the backdrop of US President Trump's announcement of 25% tariff and penalty on the trade deal with India and the Nifty 50 is now trading lower by 100 amidst recovery from the lows. The recent bullish pattern like bullish engulfing is still intact and Nifty 50 seems to have taken support of 24,600 for the short-term. Further weakness from here could find strong support around 24,600-24,500 levels in the coming sessions. Immediate hurdle to be watched around 24,900. Nagaraj Shetti of HDFC Securities recommends these two stocks to buy in the short-term - Alkyl Amines Chemicals Ltd, and Star Health and Allied Insurance Company Ltd. After showing a reasonable downward correction in last week, the stock price has witnessed sharp upmove so far this week. The stock price has broken above the hurdle of down sloping trend line at ₹ 2,250 and is trading higher. Volume and RSI pattern shows positive indication. The range bound movement of the last few weeks seems to be ending now for this health insurance stock. The stock is currently placed at the edge of upside breakout of 200day EMA at ₹ 448-450 levels. Bullish pattern like higher highs and lows is intact. Daily RSI shows positive indication. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Mint
27 minutes ago
- Mint
Nifty 50 tends to gain in August, shows 10-year history. Can the trend sustain amid Trump's tariff curveball?
Indian stock market: Benchmark indices paused for breath in July after a stellar multi-month rally, as disappointing corporate earnings and persistent foreign outflows weighed on sentiment. Investor caution was further heightened by uncertainty around a potential trade deal, which ultimately failed to meet expectations. US President Donald Trump threw a curveball in the form of a 25% tariff on imports, along with a warning of unspecified penalties for energy and defence-related purchases from Russia. This promoted worries that August, which is generally a positive month for the Indian stock market, may see tempered gains as global headwinds and cautious investor sentiment persist. Historically, July and August are among the most seasonally positive months for Indian equities. The Nifty 50 index has shown a positive trend during the month of August, delivering gains in six out of the past 10 years, according to data from JM Financial, with a median return of 1.4%. While markets bucked the trend in July, declining 1.7% so far (till July 30), analysts believe that while August may be characterised by volatility, it is likely to exhibit a positive trend. Harshal Dasani, Business Head, INVasset PMS, said that August could present a turnaround. With the ambiguity around the US–India trade stance gradually resolving — even if via an adverse outcome like tariff escalation — the market may begin to stabilise, Dasani said, adding that historically, equities consolidate when the 'event risk' transitions into known outcomes. Ashish Chaturmohta, Managing Director & Fund Manager, Apex PMS, JM Financial, also opined that despite some weakness in July 2025, primarily due to a softer outlook from the IT sector and elevated provisioning in the BFSI segment, the outlook for August remains constructive. His optimism is supported by above-average monsoon rainfall and improved reservoir levels, which are expected to boost rural demand and support agriculture, and a decent earnings season. "External environment, particularly the US tariff on Indian exports, remains the key monitorable and could influence market sentiments. Overall, the market sentiment for August 2025 appears positive and aligned with historical averages," said Chaturmohta. While analysts foresee an impact of Trump's tariff threat on export-heavy sectors, barring a full-blown trade war, they see limited downside. Emkay Global, in a note today, said that although trade talks appear to have stalled, we believe this saga is far from over. "Beyond pure economics, such negotiations carry significant geopolitical weight. Despite a potential shift in the balance of negotiation power, we believe both sides are still likely to push for a deal soon," it said. India's exports to the US are only 2% of GDP, with much lower value-added embedded in them. According to Emkay's estimates, previous static analysis suggests that India's US exports could drop by $30-33 bn (0.8-0.9% of GDP) at 25%+ tariffs, not adjusting for the complexity of dynamic cross-country hits/responses. While the announcement adds some downside tail risk, it is too early to consider actual forecast changes, it added. "In fact, with the rupee stabilising near ₹ 87.5 and Brent crude easing below $73, key macro stressors seem priced in. The geopolitical risk premium is also no longer expanding. Given that the uncertainty has peaked, and past Augusts tend to favour bulls, we could now see a shift from risk-off to recalibration mode—especially if global yields cool," Dasani added. As the market is expected to be volatile amid event-driven swings, Khushi Mistry, Research Analyst at Bonanza, advised adopting a cautious and selective approach. "It is prudent to emphasise quality large-cap companies with strong balance sheets and steady domestic demand exposure, such as financials and consumption sectors, rather than chasing risky small and midcap stocks." Gradual accumulation on market dips can capture value while maintaining discipline, Mistry recommended. Jashan Arora, Director at Master Trust Group, also advised investors to stay selectively invested, focusing on quality large-caps and sectors like banking, capital goods, and auto. "Caution is advised in small caps. A staggered approach to investing may help navigate any near-term volatility." Major drivers for August could include global interest rate signals, crude oil prices, domestic inflation and GDP data, and any geopolitical developments, along with FII stance, added Arora. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
