Stocks to watch: Infosys, Bajaj Finance, Nestle India, BEML, IndusInd Bank among shares in focus today
Infosys, India's second-largest IT services exporter, posted a 9% year-on-year (YoY) increase in its consolidated net profit, reaching ₹ 6,921 crore for the quarter ending in June.
Bajaj Finance subsidiary announced its first-quarter results, reporting a 33.4% increase in Net Interest Income to ₹ 887 crore, while net profit grew by 21% to ₹ 583 crore.
Tata Consumer posted a 15% year-on-year increase in its consolidated net profit for Q1FY26, rising to ₹ 334 crore from ₹ 290 crore in the same quarter last year.
Dr Reddy's reported a revenue of ₹ 8,542 crore, up from ₹ 7,672.7 crore in the previous year, though it fell slightly short of projections.
The automobile major reported a 52.3% year-on-year increase in net profit, reaching ₹ 176.3 crore, while its revenue from operations grew by 21.9% to ₹ 2,297 crore for the June quarter.
BEML has secured an order valued at ₹ 294 crore from the Ministry of Defence for the supply of 6x6 High Mobility Vehicles (HMVs).
Welspun Corp has sold an additional 9.9% equity stake in Nauyaan Shipyard to Nauyaan Tradings, a wholly-owned subsidiary of Reliance Strategic Business Ventures, for ₹ 54.70 crore.
The board of the private lender has given its approval to raise up to ₹ 30,000 crore through a mix of debt securities and equity instruments such as ADRs, GDRs, and QIPs, subject to obtaining the required approvals from shareholders and regulators.
Inox Wind announced that its board has approved the specific terms for its proposed rights issue of equity shares worth up to ₹ 1,249 crore, after receiving in-principle approvals from both the BSE and NSE.
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
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