Stocks to Watch: The domestic stock market is expected to open in the red on Monday, July 28. The GIFT NIFTY futures indicate that the NIFTY50 index will open 15 points lower.
Here is a list of stocks that may remain in focus today.
Earnings today: As many as 88 companies will release their financial results for the June 2025 quarter (Q1 FY26) today. The list includes names such as Adani Green Energy, Ajanta Pharma, Bharat Electronics (BEL), GAIL (India), IndusInd Bank, KEC International, Mazagon Dock Shipbuilders, RailTel, TTK Prestige, UPL Ltd., and Waaree Energies.
TCS: Shares will be in focus as Tata Consultancy Services (TCS), India’s largest IT services company, is set to lay off about 2%, or 12,261 employees, of its global workforce this year, with the majority of those impacted belonging to middle and senior grades.
The move is part of the company’s broader strategy to become a “future-ready organisation,” focusing on investments in technology, AI deployment, market expansion, and workforce realignment, TCS said in a statement.
Tata Chemicals: Shares of Tata Chemicals, one of the well-known key companies of the Tata Group, will be on investors’ radar on Monday, July 28, as the company on Friday reported an 80.57% increase in consolidated profit after tax (PAT) to ₹316 crore (before NCI) for the quarter ended June 30 (Q1 FY26).
NCI stands for non-controlling interest.
The company’s PAT was ₹175 crore during the corresponding period of the previous fiscal year, Tata Chemicals said in a regulatory filing.
Its revenue from operations declined nearly 2% during the quarter under review to ₹3,719 crore, mainly due to the cessation of Lostock operations in the UK.
Pharma stocks: Shares of India’s leading pharmaceutical companies Sun Pharma, Lupin, and Dr. Reddy’s will be in the spotlight on Monday, July 28, 2025, as these companies are recalling drugs in the US market due to manufacturing issues and product mix-ups, according to the US health regulator, USFDA.
As per the latest Enforcement Report of the US Food and Drug Administration (USFDA), the Mumbai-headquartered Sun Pharmaceutical Industries is recalling 5,448 bottles of a generic medication in the US.
Reliance Power, Reliance Infrastructure: Shares of Anil Ambani-led Reliance Group companies such as Reliance Power and Reliance Infrastructure are expected to trade actively on Monday, July 28, 2025, as the companies will focus on defence, power, and clean energy sectors to chart the next phase of growth that will train resources on innovation and value creation.
Kotak Mahindra Bank: Kotak Mahindra Bank, the country’s leading private sector lender, on Saturday, July 26, reported a net profit of ₹3,282 crore in the first quarter of the current financial year, marking a decline of 8% from ₹3,552 crore in the previous quarter.
On an annual basis, profit figures are not comparable, as the bank had earned an exceptional gain of ₹3,520 crore from the sale of a 70% stake in Kotak Mahindra General Insurance to Zurich Insurance Company Limited last year.
Canara Bank: State-owned Canara Bank plans to sell its excess priority sector loans in the ongoing quarter to compensate for the stress on margins due to moderation in interest rates.
During the quarter ended June 2025, the bank earned ₹1,248 crore as commission by selling priority sector loans.
Despite the sale in the first quarter, the total priority debt stands at 45.63% as against the regulatory requirement of 40% of the total loan, Canara Bank MD and CEO K. Satyanarayana Raju told PTI.
“We have a cushion under priority sector space. There is demand in the market, and we may take advantage of the Priority Sector Lending Certificate (PSLC) sale during the current quarter itself,” he said.
Indian Bank: Public sector Indian Bank has received approval from the board to raise ₹5,000 crore during the financial year, a top official has said.
The Chennai-headquartered bank reported a capital adequacy ratio of 17.80% for the April-June 2025 quarter, the bank’s Managing Director and CEO Binod Kumar said.
“Approval is there. We have to raise ₹5,000 crore. Not QIP (Qualified Institutional Placement) or by any other instruments. But I do not think it (fundraising) will be required (immediately). 17.8% (of Capital Adequacy Ratio) is there…” he told PTI in a brief interaction.
Lodha Developers: Realty firm Lodha Developers Ltd remains bullish on growth potential in the housing market as it plans to launch ₹17,000 crore worth of residential projects by March next year to meet consumers demand.
In an interview with PTI, the company’s Executive Director (Finance), Sushil Kumar Modi, noted that the high demand for residential properties being seen post-Covid pandemic would not only be sustained but also grow further, driven by the country’s economic growth, income tax relief in the budget, and reduction in interest rates on home loans.
He sounded confident of achieving the target of selling ₹21,000 crore worth of properties in the current fiscal year, a 19% increase from the preceding year.
“We remain on track and are thereby confident of achieving ₹21,000 crore of pre-sales guidance for the current fiscal year,” Modi said.
L&T Technology Services: IT company L&T Technology Services on Saturday said it has bagged a multi-year contract worth $60 million (about ₹510 crore) from a prominent US-based wireless telecommunications services provider.
Under the agreement, LTTS will deliver advanced network software development and application engineering solutions.
“L&T Technology Services wins around $60 million software engineering engagement from US Tier-I Telecom Provider,” LTTS said in a statement.
RPG Life Sciences: RPG Life Sciences has reported a marginal decline in profit after tax (PAT) for the June 2025 quarter at ₹26.29 crore against ₹26.76 crore a year ago, according to a regulatory filing.
Its revenue from operations for the reporting quarter, however, increased 2% to ₹168.92 crore from ₹165.42 crore in Q1 FY25, the RPG group firm said.
“In Q1, we have sustained our sales growth momentum, reflecting the strength of our strategic execution and operational excellence,” RPG Life Sciences Managing Director Ashok Nair said.
Whirlpool of India: Consumer durables maker Whirlpool of India Ltd. on Saturday reported a marginal increase in its consolidated net profit to ₹146.08 crore for the June 2025 quarter.
The company had posted a net profit of ₹145.25 crore during the April-June quarter of the previous fiscal year, according to a regulatory filing by Whirlpool of India, a subsidiary of US-based Whirlpool Corporation.
Its revenue from operations slipped 2.58% to ₹2,432.32 crore during the quarter under review. It was ₹2,496.86 crore in the corresponding period of the previous fiscal.
IDFC First Bank: Private sector IDFC First Bank on Saturday reported a 32% slump in net profit to ₹463 crore during the first quarter of the current financial year, impacted by slippages in the microfinance book.
The Mumbai-based lender had earned a net profit of ₹681 crore in the same quarter of the previous fiscal year.
The total income rose to ₹11,869 crore during the June quarter of 2025-26 from ₹10,408 crore in the same quarter of FY25, IDFC First Bank said in a regulatory filing.
Bank of Baroda: Bank of Baroda on Friday said its net profit rose 1.9% to ₹4,541 crore in the first quarter of the current fiscal.
The state-owned lender had posted a net profit of ₹4,458 crore in the year-ago period.
Its operating profit grew by 15% year-on-year (YoY) to ₹8,236 crore in the April-June quarter of 2025-26, the lender said in a statement.
“The growth in operating profit was supported by 88% YoY growth in non-interest income to ₹4,675 crore in Q1FY26,” it said.
(With inputs from PTI)
