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Business Upturn
2 days ago
- Business
- Business Upturn
Stocks to watch on July 29: PNC Infra, NTPC Green, Cosmo First, Torrent Pharma, IndusInd Bank, Waaree Energies, Omaxe, UPL in focus
By News Desk Published on July 29, 2025, 08:01 IST A number of companies are likely to be in the spotlight on July 29 based on fresh order wins, earnings announcements, and key business updates. Here's a curated list from the India Daybook of stocks in the news today: PNC Infratech surged into focus after securing a ₹2,956 crore mining services order from South Eastern Coalfields Limited (SECL), marking a significant business expansion. Kinetic Engineering made headlines with the revival of its iconic DX electric scooter, backed by a ₹249 crore EV market investment plan. TVS Srichakra announced the opening of its fourth Eurogrip Tyres branded store in Chennai, reinforcing its retail footprint. Indian Phosphate commenced operations at its Cuddalore facility, signalling the start of new manufacturing capacity. Omaxe Ltd received a ₹500 crore investment from Oaktree to fund large-scale real estate projects, aimed at boosting growth and execution timelines. Punjab Chemicals signed three strategic MOUs with overseas customers for high-value agrochemical products and intermediates. Cosmo First expanded its pet care division Zigly by acquiring Bengaluru-based Santa Animal Healthcare. Greenlam Industries received extended state incentives from the Andhra Pradesh government for its particle board project. HG Infra acquired Angul Sundargarh Transmission, opening up new inorganic and organic growth pathways. ONGC entered into a strategic agreement with BP Exploration and Reliance Industries for collaboration in the Saurashtra Basin. Solarium Green Energy bagged two new orders worth ₹26.6 crore from NTPC Vidyut Vyapar Nigam. Marksans Pharma saw Unifi Capital purchase 72.41 lakh shares at ₹232 apiece, while UPL had BofA Securities Europe SA buy 5.54 lakh shares at ₹538. Positive earnings triggers A number of companies reported strong earnings: NACL Industries: Posted a net profit of ₹13 crore vs a loss of ₹20.8 crore YoY; revenue rose to ₹448 crore. RailTel: Net profit rose to ₹66.10 crore from ₹48.67 crore YoY; revenue surged to ₹743.81 crore. Gravita India: Profit up at ₹93.06 crore vs ₹68 crore YoY; revenue stood at ₹1,039.94 crore. Paradeep Phosphates: Delivered a steep profit rise to ₹255.85 crore from ₹5.38 crore YoY. NTPC Green Energy: Reported net profit of ₹220.48 crore vs ₹138.61 crore; revenue grew to ₹680.21 crore. Waaree Energies: Net profit soared to ₹745.20 crore from ₹394.15 crore YoY; revenue touched ₹4,425.83 crore. IFB Agro, Arvind Fashion, Bajaj Health, KEC, Go Digit and others also reported YoY earnings and revenue growth. Neutral earnings Some companies posted steady but mixed earnings: Archean Chem: Net profit declined slightly YoY, while revenue grew. Ratnaveer Precision , Torrent Pharma , 20 Microns , Flair Writing , and Adani Total Gas all reported YoY growth with some margin pressures. IndusInd Bank reported net profit of ₹604 crore vs ₹2,170 crore YoY and NII decline to ₹4,640 crore from ₹5,410 crore. Eco Recycling, Macfos, Quess Corp, and Sanghi Industries posted flattish or loss-moderating performances. Disclaimer: This article is based on publicly available company announcements and regulatory filings. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions. Ahmedabad Plane Crash News desk at
Business Upturn
3 days ago
- Business
- Business Upturn
Stocks to watch on July 28: Titan, BEL, SAIL, Kotak Bank, TCS, Zydus, Brigade in focus after key deals and earnings
By Arunika Jain Published on July 28, 2025, 08:02 IST Several stocks are likely to be in focus on July 28 following major order wins, corporate developments, and quarterly earnings announcements. Here's a roundup of key newsmakers from the India Daybook: Major deals and project wins Titan Company announced the acquisition of Damas Jewellery, marking a strategic expansion in its international jewellery footprint. Bharat Electronics Ltd (BEL) secured a ₹1,640 crore defence contract for advanced air surveillance radars, while RITES bagged a ₹177 crore manufacturing unit project from BEL in Andhra Pradesh. Asian Energy Services received an ₹865 crore order from Vedanta, and Vatech Wabag secured a ₹380 crore water reuse project in Bengaluru. L&T Technology Services won a $60 million software engineering engagement from a Tier-I US telecom provider, and Nibe entered a technical collaboration with Israel's Elbit Systems for the PULS rocket system. Godrej Industries' aerospace unit signed a strategic manufacturing deal with Pratt & Whitney for supplying precision aircraft components. Zydus Lifesciences received tentative USFDA approval for a generic version of Ibrutinib tablets. Realty and infra updates Brigade Enterprises launched its premium residential project 'Brigade Avalon' in Whitefield, Bengaluru, with expected revenue of over ₹1,000 crore. Agi Infra will consider a stock split proposal on August 4, and Royal Orchid Hotels announced its fifth property in Mysore under the Regenta Resort Tropical Villages brand. NTPC Green signed an MoU with Bihar State Power Generation for renewable and battery storage projects, while Jayant Infratech won a ₹34 crore EPC contract for rail electrification in Assam. Positive earnings Several companies reported robust Q1 FY26 results: SAIL: Net profit at ₹744 crore vs ₹81.7 crore; revenue at ₹25,921 crore vs ₹23,997 crore (YoY). Lodha Developers: Net profit at ₹675 crore vs ₹475 crore; revenue at ₹3,492 crore vs ₹2,847 crore. Orient Cement: Net profit rose sharply to ₹201 crore vs ₹36.7 crore; revenue at ₹870 crore vs ₹701 crore. ACME: Net profit at ₹131 crore vs ₹1.4 crore; revenue at ₹511 crore vs ₹310 crore. Affle: Net profit at ₹105 crore vs ₹86 crore; revenue at ₹620 crore vs ₹519 crore. Premier Energies, Tata Chemicals, SG Mart, Schaeffler India and Omax Autos also posted strong YoY growth. Financial sector highlights Kotak Mahindra Bank reported Q1 net profit of ₹3,281.7 crore, slightly below estimates (poll: ₹3,442 crore). NII stood at ₹7,259.3 crore. Bank of Baroda exceeded expectations with net profit at ₹4,541 crore and NII at ₹11,435 crore. SBI Cards, IDFC First Bank, J&K Bank, TMB, Poonawalla Fincorp and Indian Overseas Bank also announced results, largely in line with estimates. Neutral to negative developments TCS announced plans to cut 2% of its global workforce over the course of FY26. Crisil was penalised ₹8 crore in a GST-related case on export services. Dr. Reddy's invested ₹565.4 crore in its Russia subsidiary, increasing its stake to 45.19%. On the earnings front, New Delhi Television Ltd (NDTV) reported a wider loss of ₹70.31 crore YoY, while CDSL, Petronet LNG, Zen Technologies, and Suraj Estate posted lower profits. Balkrishna Industries reported a steep decline in net profit to ₹288 crore from ₹490 crore, and Prataap Snacks saw its profit slump to ₹0.7 crore vs ₹9.4 crore YoY. CG Power received a ₹468 crore tax demand order from the Income Tax Department. Corporate and regulatory updates Menon Bearings declared an interim dividend of ₹2/share (record date: July 31). IndusInd Bank will appoint a new MD & CEO by August 28. Sona BLW clarified that former shareholder Rani Kapur hasn't held shares since 2019. Several stocks like Aurionpro , BASF , Wipro , CRISIL , and DLF are trading ex-dividend in the coming sessions. Changes in ASM and circuit filters: Datamatics, IEX, and Force Motors added to ASM; V2 Retail, Vadilal, and Magellanic excluded. Disclaimer: This article is based solely on publicly available company disclosures and stock exchange filings. It is not a recommendation to buy or sell any security. Please consult a qualified financial advisor before making any investment decisions. Ahmedabad Plane Crash Arunika Jain, a graduate in Mass Communication, brings a fresh perspective to the world of journalism. Arunika has a passion for writing finance and corporate news at You can write to her at [email protected]
