From Emcure Pharma’s CDSCO nod for a MASH treatment to Q1 earnings from Sobha, Canara HSBC Life and SML Mahindra, here are the stocks to watch ahead o…
1/8Emcure Pharmaceuticals | The pharma major said its co-marketed brand Poviztra has received approval from the Central Drugs Standard Control Organisation (CDSCO) for the treatment of non-cirrhotic metabolic dysfunction-associated steatohepatitis (MASH) in adults with moderate to advanced liver fibrosis (F2-F3).
2/8Sobha | The firm reported a sharp jump in first-quarter earnings, with net profit rising to ₹51 crore from ₹14 crore a year ago. Revenue grew 50% year-on-year to ₹1,278.1 crore, while EBITDA increased to ₹77.6 crore from ₹23.7 crore. The company’s EBITDA margin expanded to 6.1% from 2.8% in the year-ago quarter.
3/8Canara HSBC Life | Canara HSBC Life Insurance reported a 20.3% year-on-year rise in net profit to ₹28.1 crore for the first quarter. Net premium earned increased 23.8% to ₹2,047.5 crore from ₹1,653.4 crore in the year-ago period.
4/8SML Mahindra | The firm reported a 5.1% year-on-year decline in net profit to ₹64 crore for the first quarter. Revenue rose 13.2% to ₹957 crore, while EBITDA slipped 4.7% to ₹100.1 crore. The company’s EBITDA margin narrowed to 10.5% from 12.4% a year ago.
5/8Earnings | A host of companies are set to announce their June quarter (Q1FY27) earnings on Tuesday, July 21, including Adani Energy Solutions, Adani Total Gas, Bajaj Auto, Bandhan Bank, Indian Hotels Company (IHCL), JSW Infrastructure, Mahindra & Mahindra Financial Services, Mastek, Medplus Health Services, TVS Motor Company, Aavas Financiers, Aditya Birla Sun Life AMC, IndiaMART InterMESH, Arvind Fashions, Sunteck Realty, Trident, Gabriel India, Hatsun Agro Product, Cyient DLM, E2E Networks, Sagility and TVS Holdings, among others.
6/8Sammaan Capital | Sammaan Capital’s Securities Issuance and Investment Committee has approved a cash tender offer to repurchase up to $18 million of its outstanding $350 million 9.70% Senior Secured Social Bonds due 2027.
7/8Technocraft Industries | Technocraft Industries has discontinued manufacturing operations at its Fabric Division in Murbad, Maharashtra, effective July 20, citing adverse market conditions and prolonged losses. Its garment business will continue through subsidiary Technocraft Fashions, while the Yarn Division remains unaffected. Also, the company’s subsidiary, Technosoft Engineering Projects, has acquired a 100% stake in newly incorporated Technosoft Integrated Solutions K.K. in Tokyo, Japan, for 50,000 Japanese yen (around ₹30,000) to expand its overseas presence.
8/8Unitech | The tenure of Unitech Chairman and Managing Director Yudhvir Singh Malik, appointed by the Ministry of Corporate Affairs under a Supreme Court order, ended on July 20. The company said it is yet to receive communication on the appointment of a successor.
