Stocks in news: IndusInd Bank, Adani Green, Kotak Bank, NTPC Green, Ola Electric
Indian markets closed lower for the fourth consecutive week amid mixed signals. Several companies like IndusInd Bank and Adani Green remained in focus due to Q1 results. IDFC First Bank, Kotak Mahindra Bank, and SBI Cards reported profit declines. Tata Chemicals saw a significant profit increase. Alembic Pharma received US FDA approval.
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Markets ended lower for the fourth straight week as caution prevailed amid mixed cues. In today's trade, shares of IndusInd Bank Adani Green , Kotak Bank, NTPC Green Ola Electric among others will be in focus due to various news developments and first quarter results.BEL, Adani Green , IndusInd, Waaree Energies, Adani Total Gas, Mazagon Dock, RailTelShares of BEL, Adani Green, IndusInd, Waaree Energies, Adani Total Gas, Mazagon Dock and RailTel will be in focus as the companies will announce their first quarter results. IDFC First Bank has reported a 32% YoY decline in its profit after tax (PAT) at Rs 463 crore in the first quarter of the financial year 2026. Kotak Mahindra Bank reported a 47% year-on-year decline in its consolidated net profit for the June quarter at Rs 3,282 crore.NTPC Green signed MoU with Bihar State Power Generation Company Limited (BSPGCL) for development of Battery Energy Storage Projects and Renewable Energy Project forAlembic Pharma received US FDA Final nod for Carbamazepine Extended-Release tablets, which are indicated for use as an anticonvulsant.Ola Electric board approved proposed variation in the objects/terms of utilisation of the IPO proceeds and extension of time limit for utilisation of proceeds.SBI Cards reported a 6% year-on-year decline in net profit for the quarter ended June 2025, coming in at Rs 556 crore. Tata Chemicals reported a sharp 68% year-on-year rise in consolidated net profit for the quarter ended June 2025, with earnings climbing to Rs 252 crore.
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