Stocks to Watch Today, July 22: Several companies are expected to remain in focus after reporting their June quarter earnings and announcing key corporate developments.
Strong results from Bajaj Auto, TVS Motor, Adani Energy Solutions, and TVS Holdings, along with strategic updates from Maruti Suzuki, Wipro, Ather Energy, SAIL, and others, are likely to drive stock-specific action and influence investor sentiment in today’s trading session.
Stocks in focus |
Why in focus |
| TVS Holdings | Q1 Profit Surges 74%, Revenue Up 34% |
| JSW Infrastructure | Profit Declines Despite Strong Revenue Growth |
| Indian Hotels Company | Q1 Earnings Rise on Healthy Revenue Growth |
| IndiaMART InterMESH | Delivers Double-Digit Profit and Revenue Growth |
| Adani Energy Solutions | Profit More Than Doubles in Q1 |
| Gabriel India | Revenue Growth Outpaces Profit Increase |
| Bajaj Auto | Strong Q1 with 46% Profit Growth |
| TVS Motor | Q1 Profit Jumps 65% on Robust Performance |
| Ather Energy | Raises Rs 1,300 Crore Through QIP |
| Maruti Suzuki | Announces Vehicle Price Hike from August |
| Wipro | Wipro |
| Paytm | To Infuse Rs 100 Crore into Paytm Money |
| Patel Engineering | Rescue Efforts Continue at Sikkim Tunnel Site |
| SBI Funds Management | SBI Rules Out Further Stake Dilution |
| SAIL | Approves Rs 31,000-Crore Bhilai Plant Expansion |
| ACME Solar | Signs PPA for 300 MW Hybrid Project |
Q1 profit surged 73.8 per cent YoY to Rs 1,173.6 crore, while revenue climbed 34 per cent to Rs 17,076.2 crore, driven by strong business performance across segments.
Q1 profit fell 8.2 per cent YoY to Rs 357.6 crore despite an 18 per cent rise in revenue to Rs 1,444.8 crore, reflecting margin pressure.
Q1 profit increased 20.8 per cent to Rs 357.9 crore, with revenue rising 14.6 per cent to Rs 2,339.2 crore, supported by strong hospitality demand.
Q1 profit rose 12.2 per cent to Rs 172.2 crore, while revenue grew 11.4 per cent to Rs 414.4 crore, driven by steady platform demand.
Q1 consolidated profit jumped 124 per cent YoY to Rs 1,149 crore, while revenue surged 42 per cent to Rs 9,711 crore on strong operational performance.
Q1 profit edged up 2 per cent to Rs 107.4 crore, while revenue grew 15.5 per cent to Rs 1,425.7 crore, indicating stable business momentum.
Q1 consolidated profit rose 45.9 per cent to Rs 3,225.6 crore, while revenue increased 65 per cent to Rs 21,688.8 crore, led by robust sales.
Q1 consolidated profit climbed 65 per cent to Rs 1,057.6 crore, with revenue rising to Rs 16,295.5 crore, supported by healthy vehicle demand.
Ather Energy raised Rs 1,300 crore through a QIP as part of its Rs 2,500-crore capital infusion plan to support future growth.
Maruti Suzuki will increase vehicle prices by up to Rs 30,000 from August to partly offset rising input costs.
Wipro
Philippines Acquisition
Wipro Consumer Care International acquired Philippine personal care company S Brands, strengthening its presence in Southeast Asia.
Paytm
Rs 100 Crore Infusion
One97 Communications will invest Rs 100 crore in Paytm Money to strengthen its wealth management and investment platform.
Rescue Operations Continue
Patel Engineering said it is coordinating with disaster response teams and authorities for rescue efforts at the collapsed Sikkim tunnel project.
SAIL
Bhilai Expansion Approved
SAIL approved the expansion of Bhilai Steel Plant’s capacity from 6.8 MTPA to 10.2 MTPA with an estimated investment of Rs 31,000 crore.
ACME Solar signed a power purchase agreement with SECI for a 300 MW ISTS-connected wind-solar hybrid renewable energy project.
(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.)
