Stocks to watch on July 28: Titan, BEL, SAIL, Kotak Bank, TCS, Zydus, Brigade in focus after key deals and earnings
Several stocks are likely to be in focus on July 28 following major order wins, corporate developments, and quarterly earnings announcements. Here's a roundup of key newsmakers from the India Daybook: Major deals and project wins
Titan Company announced the acquisition of Damas Jewellery, marking a strategic expansion in its international jewellery footprint.
Bharat Electronics Ltd (BEL) secured a ₹1,640 crore defence contract for advanced air surveillance radars, while RITES bagged a ₹177 crore manufacturing unit project from BEL in Andhra Pradesh.
Asian Energy Services received an ₹865 crore order from Vedanta, and Vatech Wabag secured a ₹380 crore water reuse project in Bengaluru.
L&T Technology Services won a $60 million software engineering engagement from a Tier-I US telecom provider, and Nibe entered a technical collaboration with Israel's Elbit Systems for the PULS rocket system.
Godrej Industries' aerospace unit signed a strategic manufacturing deal with Pratt & Whitney for supplying precision aircraft components.
Zydus Lifesciences received tentative USFDA approval for a generic version of Ibrutinib tablets. Realty and infra updates
Brigade Enterprises launched its premium residential project 'Brigade Avalon' in Whitefield, Bengaluru, with expected revenue of over ₹1,000 crore.
Agi Infra will consider a stock split proposal on August 4, and Royal Orchid Hotels announced its fifth property in Mysore under the Regenta Resort Tropical Villages brand.
NTPC Green signed an MoU with Bihar State Power Generation for renewable and battery storage projects, while Jayant Infratech won a ₹34 crore EPC contract for rail electrification in Assam. Positive earnings
Several companies reported robust Q1 FY26 results: SAIL: Net profit at ₹744 crore vs ₹81.7 crore; revenue at ₹25,921 crore vs ₹23,997 crore (YoY).
Lodha Developers: Net profit at ₹675 crore vs ₹475 crore; revenue at ₹3,492 crore vs ₹2,847 crore.
Orient Cement: Net profit rose sharply to ₹201 crore vs ₹36.7 crore; revenue at ₹870 crore vs ₹701 crore.
ACME: Net profit at ₹131 crore vs ₹1.4 crore; revenue at ₹511 crore vs ₹310 crore.
Affle: Net profit at ₹105 crore vs ₹86 crore; revenue at ₹620 crore vs ₹519 crore.
Premier Energies, Tata Chemicals, SG Mart, Schaeffler India and Omax Autos also posted strong YoY growth. Financial sector highlights
Kotak Mahindra Bank reported Q1 net profit of ₹3,281.7 crore, slightly below estimates (poll: ₹3,442 crore). NII stood at ₹7,259.3 crore.
Bank of Baroda exceeded expectations with net profit at ₹4,541 crore and NII at ₹11,435 crore.
SBI Cards, IDFC First Bank, J&K Bank, TMB, Poonawalla Fincorp and Indian Overseas Bank also announced results, largely in line with estimates. Neutral to negative developments
TCS announced plans to cut 2% of its global workforce over the course of FY26.
Crisil was penalised ₹8 crore in a GST-related case on export services.
Dr. Reddy's invested ₹565.4 crore in its Russia subsidiary, increasing its stake to 45.19%.
On the earnings front, New Delhi Television Ltd (NDTV) reported a wider loss of ₹70.31 crore YoY, while CDSL, Petronet LNG, Zen Technologies, and Suraj Estate posted lower profits.
Balkrishna Industries reported a steep decline in net profit to ₹288 crore from ₹490 crore, and Prataap Snacks saw its profit slump to ₹0.7 crore vs ₹9.4 crore YoY.
CG Power received a ₹468 crore tax demand order from the Income Tax Department. Corporate and regulatory updates Menon Bearings declared an interim dividend of ₹2/share (record date: July 31).
IndusInd Bank will appoint a new MD & CEO by August 28.
Sona BLW clarified that former shareholder Rani Kapur hasn't held shares since 2019.
Several stocks like Aurionpro , BASF , Wipro , CRISIL , and DLF are trading ex-dividend in the coming sessions.
Changes in ASM and circuit filters: Datamatics, IEX, and Force Motors added to ASM; V2 Retail, Vadilal, and Magellanic excluded.
Disclaimer: This article is based solely on publicly available company disclosures and stock exchange filings. It is not a recommendation to buy or sell any security. Please consult a qualified financial advisor before making any investment decisions.
Ahmedabad Plane Crash
Arunika Jain, a graduate in Mass Communication, brings a fresh perspective to the world of journalism. Arunika has a passion for writing finance and corporate news at BusinessUpturn.com. You can write to her at [email protected]
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
16 hours ago
- Business Insider
The Godfather of AI thinks the technology could invent its own language that we can't understand
Linguists may have their work cut out for them. Geoffrey Hinton, the so-called " Godfather of AI," warned that there could come a point when humans can't understand what AI is thinking or planning to do. As of now, AI does "chain of thought" reasoning in English, meaning developers can track what the technology is thinking, Hinton explained on an episode of the "One Decision" podcast that aired July 24. "Now it gets more scary if they develop their own internal languages for talking to each other," he said, adding that AI has already demonstrated it can think "terrible" thoughts. "I wouldn't be surprised if they developed their own language for thinking, and we have no idea what they're thinking," Hinton said. He said that most experts suspect AI will become smarter than humans at some point, and it's possible "we won't understand what it's doing." Hinton, who spent more than a decade at Google, is an outspoken about the potential dangers of AI and has said that most tech leaders publicly downplay the risks, which he thinks include mass job displacement. The only hope in making sure AI does not turn against humans, Hinton said on the podcast episode, is if "we can figure out a way to make them guaranteed benevolent." Tech companies are racing to get ahead in the AI race, offering gargantuan salaries to top talent. On July 23, the White House released an " AI Action Plan" that proposes limiting AI-related funding to states with "burdensome" regulations. It also asked for faster development on AI data centers.
Epoch Times
a day ago
- Epoch Times
US Hits Iranian Shipping Network With Major New Sanctions
WASHINGTON—The U.S. Treasury Department announced fresh sanctions on Wednesday on over 115 Iran-linked individuals, entities, and vessels, in a sign the Trump administration is doubling down on its 'maximum pressure' campaign after bombing Tehran's key nuclear sites in June. The sanctions broadly target the shipping interests of Mohammad Hossein Shamkhani, the son of Ali Shamkhani, who is himself an adviser to Supreme Leader Ayatollah Ali Khamenei. The U.S. Treasury said it was the most significant Iran-related sanctions action since 2018, during President Donald Trump's first administration.
New York Post
a day ago
- New York Post
Here's what NFL Network could look like at ESPN after bombshell media deal
As early as next season, NFL Network will have a new look. The network is being acquired by ESPN as part of a blockbuster billion-dollar deal that includes many of the NFL's top media assets, The Athletic's Andrew Marchand reported Friday. The report noted that within the ESPN family of programming, NFL Network could wind up looking akin to SEC Network, which provides constant programming about the league while ESPN's flagship channel also broadcasts SEC games and SEC-related shows. NFL Network is being acquired by ESPN. Getty Images A similar setup, with on-air talent being used across NFL Network and ESPN other networks, is a 'very possible' outcome, according to The Athletic's report. The report also noted that ESPN is 'expected to invest in improving NFL Network programming.' The NFL hoped NFL Network could be a competitor to ESPN when the network was created in 2003, featuring shows like 'Good Morning Football,' 'NFL GameDay Kickoff' and 'The Insiders,' but that never materialized. The network had suffered from a series of cutbacks over the years, according to the report. ESPN is acquiring many of the NFL's media assets in a blockbuster deal. Icon Sportswire via Getty Images The seismic deal also shifts the rights of NFL RedZone, produced at the NFL Network Studios in Inglewood, Calif., to ESPN. It's unclear how exactly RedZone will be packaged and priced, but it is likely to be included as part of ESPN's existing channels and on the Worldwide Leader's to-be-released app. In addition to RedZone and NFL Network, ESPN is expected to gain access to seven more regular-season games, the NFL's fantasy football business and the potential to integrate other special features, including betting. The deal comes as ESPN is preparing to launch a new direct-to-consumer service, which will enable subscribers to watch all of the network's programming for $29.99 per month, even without having ESPN through cable or satellite.
