Stocks to Watch Today, July 15: Investors will keep an eye on L&T Technology Services, Anand Rathi Share and Stock Brokers, and Tata Elxsi after reporting earnings growth, while Biocon, NBCC, Hero MotoCorp, ideaForge Technology, Jubilant FoodWorks, Tata Motors CV, and Delhivery are likely to remain in focus on the back of stake sale, business developments, order wins, fundraising activity, regulatory updates, and strategic partnerships.
Here’s the list of stocks to watch in today’s trading session:
Stocks in focus |
Why in focus |
| L&T Technology Services | Delivers Strong Double-Digit Growth |
| Anand Rathi Share and Stock Brokers | Posts Strong NII Growth |
| Tata Elxsi | Registers Impressive Earnings Growth |
| Biocon | Mylan Exits Biocon with Stake Sale |
| L&T Technology Services | LTTS Partners with Anthropic |
| NBCC | NBCC Secures New Orders |
| Hero MotoCorp | Hero MotoCorp Approves Ather Investment |
| ideaForge Technology | ideaForge Raises Rs 500 Crore via QIP |
| Jubilant FoodWorks | Jubilant FoodWorks Gets GST Notice |
| Tata Motors (Commercial Vehicles) | Tata Motors CV Partners with UCO Bank |
| Delhivery | RBI Approves Delhivery Financial Services Registration |
Delivers Strong Double-Digit Growth
L&T Technology Services reported a robust performance, with profit rising 13 per cent year-on-year to Rs 356.6 crore. Revenue increased 11.5 per cent to Rs 2,940.1 crore.
Anand Rathi Share and Stock Brokers recorded a 2.3 per cent rise in profit to Rs 23.4 crore. Net interest income surged 47.6 per cent to Rs 68.4 crore.
Registers Impressive Earnings Growth
Tata Elxsi posted strong quarterly results, with profit jumping 18.2 per cent year-on-year to Rs 170.6 crore. Revenue grew 14.5 per cent to Rs 1,021.1 crore.
Biocon
Mylan Exits with Stake Sale
Mylan Inc, a part of Viatris, exited Biocon by selling its entire 5.64 per cent stake through open market transactions. The stake sale was valued at Rs 3,679 crore.
L&T Technology Services has partnered with Anthropic to integrate Claude models across engineering processes and LTTS’ AI-powered platforms, aimed at enhancing AI-led capabilities.
State-owned NBCC has bagged four contracts worth Rs 501.45 crore. The company operates in project management consultancy and real estate businesses.
Approves Ather Investment
The board approved an additional investment of up to Rs 1,000 crore in Ather Energy. Hero MotoCorp currently holds a 29.48 per cent stake in the associate company.
Raises Rs 500 Crore via QIP
ideaForge Technology successfully raised Rs 500 crore through a Qualified Institutional Placement. The proceeds will fund the company’s next phase of growth and strengthen working capital.
Jubilant FoodWorks has received a GST demand notice amounting to Rs 46.9 crore. The company is India’s leading quick-service restaurant chain operator.
Tata Motors (Commercial Vehicles)
Tata Motors Commercial Vehicles has partnered with UCO Bank to provide vehicle loans to customers across India, expanding financing options for buyers.
RBI Approves Delhivery Financial Services Registration
(Disclaimer: The above article is meant for informational purposes only and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
