Stocks to Watch Today, July 27: Investors will closely monitor NTPC, IDFC First Bank, Tata Consumer Products, SBI Cards, Lodha Developers, and Jindal Steel after their June-quarter earnings.
Additionally, ONGC, Engineers India, NBCC, Sarda Energy & Minerals, Waaree Renewable Technologies, and Zen Technologies remain in focus on key corporate announcements, including project wins, capital expenditure approvals, fundraising plans, deepwater drilling, and infrastructure development initiatives that could influence stock-specific trading during today’s session.
Here are the top stocks to watch in today’s trading session:
NTPC
Q1 Profit Rises 12 per cent; Board Approves Rs 12,000 Cr NCD Issue
NTPC reported an 11.9 per cent rise in Q1 profit to Rs 5,342.4 crore and a 3 per cent increase in revenue. The board also approved raising up to Rs 12,000 crore through NCDs.
Q1 Profit Up 20 per cent; NII Remains Flat
SBI Cards reported a 19.5 per cent increase in Q1 profit to Rs 664.4 crore, while net interest income remained nearly unchanged, declining marginally by 0.25 per cent year-on-year.
Q1 Profit Jumps 28 per cent on Strong Revenue Growth
Tata Consumer reported a 27.8 per cent increase in Q1 profit to Rs 427 crore, supported by an 11.9 per cent growth in revenue to Rs 5,348.9 crore.
Profit Declines Despite Strong Revenue Growth
Jindal Steel reported a 43.6 per cent decline in Q1 profit to Rs 843.9 crore, even as revenue increased 25.9 per cent year-on-year to Rs 15,482.1 crore.
Q1 Profit More Than Doubles
IDFC First Bank posted a 132.4 per cent jump in Q1 profit to Rs 1,075 crore, driven by a 21.1 per cent increase in net interest income.
Q1 Profit Doubles on Higher Revenue
Lodha Developers reported a 103.4 per cent rise in Q1 profit to Rs 1,372.1 crore, while revenue grew 43.1 per cent to Rs 4,996.7 crore.
Profit Falls on Weak Revenue
Zen Technologies reported a 40 per cent decline in Q1 profit to Rs 31.8 crore as revenue fell 10.5 per cent year-on-year to Rs 141.6 crore.
Signs MoU for Maritime Projects
Engineers India signed an MoU with the Directorate General of Maritime Administration to provide consultancy, technical advisory, and project management services for maritime infrastructure projects.
Subsidiary Approves Rs 300 Cr Green Capex
Sarda Energy’s wholly owned subsidiary approved a capital expenditure of Rs 300 crore to support its green initiative and expand sustainable operations.
ONGC
Begins Deepwater Drilling in Mahanadi Basin
ONGC has started drilling its first deepwater exploratory well in the Mahanadi offshore basin as part of its deep and ultra-deepwater exploration campaign.
NBCC
Secures Orders Worth Rs 109 Crore
NBCC received two work orders worth a combined Rs 108.85 crore from the National Horticulture Board and Odisha’s Directorate of Technical Education & Training.
Wins 800 MW Solar EPC Contracts
Waaree Renewable Technologies received two Letters of Award to execute EPC works for ground-mounted solar PV projects with a combined capacity of 800 MWac (1,082 MWp).
(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.)
