Stocks to Watch for July 20: Reliance Industries, RBL Bank, Aditya Birla Capital and more

Stocks to Watch for July 20: Reliance Industries, RBL Bank, Aditya Birla Capital and more


From RIL reporting consolidated revenue of ₹3.09 lakh crore in the June quarter to GAIL signing a Memorandum of Understanding with Khanij Bidesh India…

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Reliance Industries Ltd | RIL began FY27 on a strong note, reporting consolidated revenue of ₹3.09 lakh crore in the June quarter, up 5.1% sequentially and 26.6% year-on-year, aided by robust performances from its oil-to-chemicals (O2C), oil & gas and digital services businesses.

(Photo Credit : HDFC Bank – X)

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HDFC Bank Ltd | HDFC Bank reported a mixed performance for the June quarter, with net profit rising 5% year-on-year to ₹19,059 crore and net interest income (NII) increasing 6.7% to ₹33,534 crore, even as asset quality weakened marginally, provisions increased sequentially and net interest margins (NIMs) slipped to a record low of 3.26%. Loan and deposit growth remained strong at 15.4% and 14.7% year-on-year, respectively.

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Axis Bank Ltd | Axis Bank reported an in-line performance for the June quarter, with net profit rising 22.5% year-on-year to ₹7,113 crore and net interest income (NII) increasing 8% to ₹14,646.1 crore, while asset quality weakened marginally and net interest margins (NIMs) narrowed to 3.46%. Advances and deposits grew 18.8% and 13.9% year-on-year, respectively, while provisions declined sequentially despite higher gross slippages.

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Kotak Mahindra Bank Ltd | Outgoing CEO Ashok Vaswani said he is stepping down after more than three years at the helm for personal reasons, citing the completion of the bank’s transformation journey and the arrival of his first grandchild. He said the bank has overcome its technology embargo, rebuilt its leadership team, cleaned up key retail portfolios and is now well-positioned to accelerate growth, while adding that Kotak will submit names for his successor to the RBI in line with regulatory norms.

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Yes Bank Ltd | Yes Bank reported an in-line performance for the June quarter, with net profit rising 33.5% year-on-year to ₹1,070 crore and net interest income (NII) increasing 17.5% to ₹2,786.3 crore. Asset quality remained stable with gross and net NPA ratios unchanged sequentially, while net interest margins (NIMs) held steady at 2.7%. Advances grew 18.4% year-on-year, though deposits declined 1.1% sequentially, while provisions more than doubled from the March quarter.

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Punjab & Sind Bank Ltd | Punjab & Sind Bank reported a strong performance for the June quarter, with net profit rising 23.2% year-on-year to ₹332 crore and net interest income (NII) increasing 15.4% to ₹1,038.7 crore. Asset quality improved sequentially, with gross NPA declining to 2.21% from 2.40% and net NPA easing to 0.65% from 0.79% in the March quarter.

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IDBI Bank Ltd | IDBI Bank reported a steady performance for the June quarter, with net profit rising 5% year-on-year to ₹2,115 crore and net interest income (NII) increasing 10% to ₹3,486 crore, even as net interest margins (NIMs) came under pressure, falling to 3.61%. Asset quality remained largely stable, while advances and deposits grew 22% and 10% year-on-year, respectively. Profitability was aided by a provision write-back during the quarter.

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Poonawalla Fincorp Ltd | Non-deposit-taking on Friday (July 17) reported a net profit of ₹308 crore for the quarter ended June 30, 2026, compared with ₹63 crore in the corresponding period last year.

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RBL Bank | The bank reported a healthy set of June-quarter earnings, with higher net interest income, improved asset quality and lower operating costs supporting a 27% year-on-year rise in net profit, even as management flagged near-term stress in its credit card portfolio.

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RailTel Corporation of India Ltd | Telecom infrastructure firm on Friday (July 17) disclosed a new litigation matter involving 3i Infotech Limited, which has initiated arbitration proceedings against the company related to the Wi-Fi Monetisation Project.

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Turtlemint FinTech Ltd | Insurtech firm on Friday (July 17) reported its first-ever profitable quarter in Q4 FY26, with net profit at ₹3.1 crore, compared with a loss of ₹39.4 crore in the corresponding period last year.

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Aditya Birla Capital Ltd | Financial Services firm ABCL on Friday (July 17) said it has invested ₹484.5 crore in Aditya Birla Sun Life Insurance Company Ltd (ABSLI) through a rights issue of equity shares.

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GAIL (India) Ltd | State-run firm said on Friday, July 17 that it has signed a Memorandum of Understanding (MoU) with Khanij Bidesh India Ltd. (KABIL) to collaborate in the field of critical and strategic minerals, as the two companies look to support India’s long-term resource security and clean energy transition.

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Power Grid Corporation of India Ltd | The firm has emerged as the successful bidder under the Tariff Based Competitive Bidding (TBCB) process for a project to set up an inter-state transmission system at the 765/400/220kV Fatehgarh-II Power Station on a Build, Own, Operate and Transfer (BOOT) basis.

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Natco Pharma | The company has received tentative approval from the US Food and Drug Administration (USFDA) for Olaparib Tablets in 100 mg and 150 mg strengths, the generic version of AstraZeneca’s Lynparza tablets, the company said in a press release. The approval covers the indications in the approved labelling.

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NBCC (India) Ltd | A Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Housing and Urban Affairs (MoHUA), has moved forward with the merger of its wholly owned subsidiary, HSCC (India) Limited, into itself. NBCC shared the scheme of arrangement under Section 230-232 of the Companies Act, 2013. The board had approved this scheme on July 14 this year.



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