A wave of corporate announcements and quarterly results released after market hours on Friday is expected to influence investor sentiment at the start of the week. Here’s a look at key stocks that may remain in focus today based on recent developments:
Reliance Industries reported a steady performance in Q1, with retail showing strong double-digit growth. Jio’s average revenue per user (ARPU) came in higher than market estimates.
HDFC Bank delivered results broadly in line with expectations. The bank also declared a special dividend of ₹5 per share and announced a 1:1 bonus issue.
ICICI Bank posted better-than-expected earnings. Net interest income rose 11% year-on-year, while gross NPAs remained stable at 1.7%.
JSW Steel reported an EBITDA of ₹7,576 crore, slightly above street estimates. EBITDA per tonne was in line with projections.
Jio Financial Services announced a partnership with Allianz to enter reinsurance, life, and general insurance segments.
Bandhan Bank posted results ahead of estimates, although asset quality remains a concern.
Sona BLW confirmed plans to form a joint venture in China aimed at the electric vehicle (EV) market.
IDFC First Bank received approval from the RBI for Warburg Pincus to acquire up to a 9.99% stake.
Tata Power secured a ₹110 crore order from NHPC to install a battery energy storage system.
Oberoi Realty reported a 54% year-on-year rise in pre-sales, with volumes growing 66%.
BEML received a defence order worth ₹186 crore for bulldozers.
Mahindra Lifespace signed an agreement with the Osaka government to assist Japanese businesses entering India.
IRCON International announced two contract wins — a ₹756 crore order through a joint venture and a ₹1,113 crore MMRDA order.
Firstsource Solutions said its UK subsidiary will acquire Pastdue Credit Solutions for £22 million.
Patel Engineering received a letter of acceptance from NHPC for the ₹240 crore Teesta hydro project.
Brigade Enterprises acquired a 20-acre land parcel in Bengaluru for future development.
Axis Bank saw a rise in bad loans in Q1, which sources say was driven by regulatory pressure to recognise stressed accounts.
Dr Reddy’s Laboratories received seven observations from the US FDA for its Srikakulam manufacturing unit.
AU Small Finance Bank saw net interest income rise 6.4% year-on-year, but revised its credit cost guidance upward.
L&T Finance reported that microfinance collections averaged 99.4% in Q1, slightly below the usual trend.
Reliance Power posted a 13% drop in EBITDA, with margins narrowing to 30% from 32.7% a year earlier.
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