Stocks to watch, July 13: Indian Bank, HCLTech, ICICI Pru AMC, LTM, DMart, NTPC, Bharti Airtel, Nuvoco Vistas

The domestic stock market is expected to open in the green on Monday, July 13. The GIFT NIFTY futures suggest that the NIFTY50 index will open 200 points lower.

Bharti Airtel has announced ₹20,000 crore investment in non-banking financial company Airtel Money while its data centre Nxtra recently raised $1 billion (about ₹9,500 crore) as part of its plan to build 1 gigawatt capacity.

"Over the last few years, we took a calibrated approach to build new growth engines for Airtel. These bold bets yielded strong outcomes and have grown our conviction in three adjacencies where we believe Airtel has a clear right to win -- financial services, data centres and Airtel Cloud," Mittal said in the report released late night on Saturday.

The two accounts have a combined outstanding exposure of ₹672.74 crore, comprising ₹453.77 crore for Gensol Engineering and ₹218.97 crore for Gensol EV Lease. IREDA said it has already made provisions equivalent to 85% of the outstanding amount in both accounts as of March 31, 2026, and has reported the fraud classification to the RBI.

While the 'April 2028 EV-only registration' requirement provides a clear roadmap for the two-wheeler industry to accelerate investments in electrical products, capacity and distribution, internal combustion engine (ICE) models are expected to remain relevant in the near term, Crisil Ratings Director Poonam Upadhyay told PTI.

The future growth in Delhi's two-wheeler market will increasingly be linked to EV readiness, she said, responding to a query about the policy's implications for ICE manufacturers, especially in the two-wheeler category.

"The recovery made during the first quarter was ₹1,885 crore, and the aim is to garner $4,500 crore to ₹5,500 crore under this head in FY27," Indian Bank MD and CEO Binod Kumar told PTI in an interaction.

Of this, the Chennai-based bank hopes to realise ₹500 crore during the ongoing financial year from cases listed before NCLT.

Asked about the foreign currency deposit mobilisation drive started last month, he said the bank has collected $140 million till July 9.

"My plan is to raise around $2 billion in FCNR (B) deposits till September. It may seem high, but I already have a pipeline of $1 billion," he said.

EBITDA rose 1.1% YoY to ₹87.4 crore, with the EBITDA margin at 26.7%, while net profit increased 4.1% YoY to ₹166.2 crore.

The company said its 6.6% sequential revenue growth was the strongest in a decade, excluding the post-COVID recovery period, driven by focused execution and investments in technology.

Separately, the board appointed Dinkar Ayilavarapu as Chief Executive Officer (Designate) and Key Managerial Personnel with effect from July 10, 2026. He will take over as CEO from **August 1, 2026, succeeding V.S.S. Mani, whose term as Managing Director and CEO ends on July 31, 2026.

Earlier this week, the steel PSU and the Indonesian entity signed a memorandum of understanding to explore a joint venture to manufacture stainless steel slabs to meet the commodity's increasing demand in India.

"SAIL and PT Krakatau Steel would explore setting up a stainless steel project. It can be of 0.5 million tonnes (MT) capacity, or it can also be of 1 MT. But that will be discussed after the formation of a joint venture," the report said.

If the JV is formed, the slabs will be produced in Indonesia and supplied to SAIL's Salem Steel Plant (SSP) in Andhra Pradesh, which specialises in the production of austenitic, ferritic, martensitic and low-nickel stainless steels, catering to diverse sectors including nuclear, petroleum, chemical and automotive industries.

Producing slabs will be cheaper in Indonesia, which has access to one of the world's richest nickel reserves, a key raw material for stainless steel manufacturing.

The company's research and development arm, ONGC Energy Centre, drilled the well to a depth of 1,000 metres at an altitude of more than 14,000 feet in about a month, improving on the timeline and cost of its first geothermal drilling campaign, ONGC said in a social media post.

The company, promoted by EPC major Larsen & Toubro, had reported a net profit of ₹1,254.6 crore in the year-ago period, and ₹1,387.3 crore in the March quarter.

Its overall revenue grew 18% on-year in rupee terms to ₹11,608 crore during the reporting quarter, and was up 2.8% when compared with the March quarter.

The operating profit margin climbed to 15.5%, up from 14.3% in Q1FY26 and 15.1% in Q4FY26.

Its managing director and chief executive Venu Lambu said the results reflect the progress in executing an artificial intelligence-centric strategy among other aspects and termed the order book as "strong" with a healthy pipeline across sectors.

"Our AI pivot is now producing tangible proof points for clients, visible in the outcomes we are creating and in the size and nature of the engagements we are winning," Lambu added.

The Nirma Group firm acquired the Limla plant through the acquisition of Vadraj Cement Limited (VCL) a year ago.

"We hereby inform that today July 11, 2026, Vadraj Cement Ltd (VCL), a wholly owned subsidiary of the Company, has inaugurated 2 MMTPA of the Cement grinding capacity at its Limla Cement Plant, Surat, Gujarat," said Nuvoco Vistas in a statement.

The company had posted a net profit of ₹772.81 crore in the April-June quarter a year ago, according to a regulatory filing from Avenue Supermarts.

Its revenue from operations was up 14.9% to ₹18,794.53 crore during the quarter under review. It was at $16,359.70 crore in the corresponding quarter of the last fiscal.

"PAT margin stood at 4.6% in Q1FY27 as compared to 4.7% in Q1FY26," the company said in its earnings statement on Saturday evening.

Total expenses of Avenue Supermarts in the June quarter were up 15.11% to ₹17,637.17 crore. Its total income, which includes other income, was $18,820.31 crore, up 14.9% in the June quarter.

The city-headquartered company, promoted by the EPC major L&T, said its net interest margin and fees inched up to 10.47% during the quarter against 10.22% in the year-ago period.

From an asset quality perspective, it reported a notable improvement in the stock of Gross Stage 3 assets to 2.86% from 3.31% in the year-ago period.

Credit costs improved at a sharper 0.89% to 2.54% on the back of improvements in the collections infrastructure and also the deployment of artificial intelligence-led tools, it said.

In this regard, a warning letter has been issued to the airline by the Directorate General of Civil Aviation (DGCA).

“The letter relates to the spillage of cargo detected on the ground post-arrival of the flight, reported in January 2026, and the subsequent audit findings regarding deviations from standard operating procedures (SOPs) with certain provisions under the Aircraft (Carriage of Dangerous Goods) Rules, 2026," the filing said on Friday.

However, specific details were not disclosed.

The company, which has already invested around ₹4,800 crore in the Advanced Chemistry Cell (ACC) manufacturing facility, will invest another ₹1,400 crore during the current fiscal to complete the first phase of the project, Roy said.

"We expect revenue to start flowing in from the Bengaluru plant by the third quarter. Initially, we will replace imported lithium iron phosphate (LFP) cells for our Gujarat battery pack plant catering to the three-wheeler segment. By the end of the fiscal, we also expect supplies for certain two-wheeler battery pack applications and nickel manganese cobalt (NMC) cells for OEMs, subject to the homologation and approval process," Roy told reporters after the AGM.

Besides, it will have to strengthen its ground granulated blast furnace slag (GGBS) business, improve cost competitiveness, grow premium products, deepen digital adoption and accelerate sustainability initiatives, he said while addressing the shareholders.