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:
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NACL Industries: Posted a net profit of ₹13 crore vs a loss of ₹20.8 crore YoY; revenue rose to ₹448 crore.
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RailTel: Net profit rose to ₹66.10 crore from ₹48.67 crore YoY; revenue surged to ₹743.81 crore.
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Gravita India: Profit up at ₹93.06 crore vs ₹68 crore YoY; revenue stood at ₹1,039.94 crore.
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Paradeep Phosphates: Delivered a steep profit rise to ₹255.85 crore from ₹5.38 crore YoY.
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NTPC Green Energy: Reported net profit of ₹220.48 crore vs ₹138.61 crore; revenue grew to ₹680.21 crore.
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Waaree Energies: Net profit soared to ₹745.20 crore from ₹394.15 crore YoY; revenue touched ₹4,425.83 crore.
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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:
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Archean Chem: Net profit declined slightly YoY, while revenue grew.
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Ratnaveer Precision, Torrent Pharma, 20 Microns, Flair Writing, and Adani Total Gas all reported YoY growth with some margin pressures.
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IndusInd Bank reported net profit of ₹604 crore vs ₹2,170 crore YoY and NII decline to ₹4,640 crore from ₹5,410 crore.
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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.
