Stocks to watch, July 16: Adani Power, Paytm, Angel One, Swiggy, Himadri Speciality, ICICI Lombard, Wipro

The domestic stock market is expected to open flat with a negative bias on Thursday, July 16, as indicated by GIFT NIFTY futures.

The coal linkage for the power plant has been allocated under the SHAKTI Policy of the Government of India, the company added.

The city-headquartered company reported a loss of ₹30.5 crore in the quarter-ago period.

In the reporting quarter, the company's revenue from operations increased to ₹516.3 crore from the year-ago period's ₹467.9 crore.

Total expenses increased to ₹596.5 crore from ₹550.1 crore in the year-ago period.

During the reporting quarter, it had to take an impact of ₹12.13 crore due to the implementation of the new labour codes, according to an exchange filing.

This sustained increase from 50.3% domestic shareholding in the previous quarter underscores Paytm's position as an Indian-Owned and Controlled Company (IOCC), a milestone it first achieved in March 2026, and signals deepening conviction among long-term Indian institutional and non-institutional investors.

The Tata group's financial services arm raised the money by issuing a Fixed Rate Senior Unsecured Reg S Bond with a 3.5-year tenor, a statement said.

Its managing director and chief executive, Rajiv Sabharwal, said the fundraise will support the company's liability profile and also its long-term growth strategy.

The transaction was priced at 1.07% over 3-year US Treasury bonds, and the fixed coupon or interest rate is 5.332%.

Investors in Asia and Europe, the Middle East and Africa (EMEA), including asset managers, insurance companies, banks and other institutional investors, participated, and the final order book was oversubscribed by four times, it said.

The HDFC Bank subsidiary posted a 19.9% YoY increase in its net interest income (NII) to ₹2,509 crore for the reporting quarter, compared with ₹2,092 crore in the April-June quarter of the 2025-26 financial year (Q1 FY26).

The fintech and stock broking firm's PAT stood at ₹114.5 crore in the corresponding quarter of the preceding financial year.

However, on a sequential basis, profit declined 28% from ₹320 crore in Q4 FY26.

Total income rose 25.4% to ₹1,434 crore during the April-June quarter of FY27 from ₹1,143 crore a year ago, the broking firm said in a stock exchange filing.

Angel One's total client base grew nearly 19% year-on-year to 3.86 crore. The company's average client funding book under its credit business reached a record ₹6,140 crore during the June quarter, marking a 46% year-on-year increase.

The launch also marks the debut of HPCL's newly launched HP Navya, its 10 kg composite LPG cylinder, on Instamart.

The service will first go live in Bengaluru, where consumers can order HP Navya. In addition to this, the 5 kg metal LPG cylinder will also be available.

No existing domestic LPG connection is required, making it a flexible, on-demand option for a wider set of consumers, including students, working professionals and smaller households, Instamart stated.

Amitesh Jha, CEO, Instamart, said: "Instamart has expanded its consumption use cases well beyond groceries to become part of everyday life. With HPCL, we're extending that convenience to an essential household service, bringing LPG onto Instamart while maintaining the safety and reliability standards consumers expect."

It had reported a net profit of ₹179.36 crore in the corresponding quarter of the preceding 2025-26 fiscal, the company said in an exchange filing.

During April-June, the company's total income rose to ₹1,488.19 crore from ₹1,144.97 crore in the year-ago quarter, posting a rise of 30%.

In a statement, the company's CMD Anurag Choudhary said, "We are pleased to report our highest-ever quarterly revenue (₹1,432 crore), EBITDA (₹313 crore) and PAT, underscoring a strong, resilient and sustainable financial performance."

The company remains focused on scaling its global advanced materials and application-driven solutions, while continuing to strengthen core businesses, Choudhary said.

It had clocked a net profit of ₹187.67 crore in the corresponding first quarter of the preceding 2025-26 fiscal, the company said in an exchange filing.

During April-June, the company's total income rose 51% to ₹1,571.99 crore from ₹1,042.22 crore a year ago.

In a statement, the company said solar module production increased by 53% year-on-year to 970 MW compared to 635 MW in Q1 FY26.

Solar cell production increased by 26% to 454 MW against 360 MW in the corresponding quarter of the previous year.

The private sector insurer had earned a profit of ₹747 crore in the April-June period of FY26.

The fall in profit was due to the impact of the two large losses in the fire segment and the judgement of the Supreme Court on the Motor TP portfolio, ICICI Lombard said in a regulatory filing.

Total income rose to ₹6,813 crore during the June quarter from ₹6,083 crore seen a year ago.

Gross Direct Premium Income was higher at ₹8,318 crore as against ₹7,735 crore in the year-ago period, a growth of 7.5%, as against the industry growth of 10.9%.

Investment income declined to ₹1,174 crore from ₹1,288 crore in Q1 FY26, it said.

The capital gains (net of impairment on investment assets) moderated to ₹183 crore as compared to ₹380 crore in Q1 FY26, it said.

MRPL, a subsidiary of state-owned Oil and Natural Gas Corp (ONGC), had reported a loss of ₹270.66 crore in the year-ago period, according to a stock exchange filing by the company.

The profit in April-June 2026 was also higher than ₹116.99 crore earnings in the preceding January-March period.

Profit surged on the back of a refining margin boost amid the West Asia crisis that led to a spike in global energy prices. MRPL, however, did not disclose the exact refining margin earned in April-June - the first quarter of the 2026-27 fiscal year.

Revenue rose to ₹41,679.85 crore in Q1 when compared with ₹21,026.69 crore a year back.

"During the current quarter, pursuant to the revision of certain petroleum product prices on the supplies made in the previous period, an additional income (net of expenses) of ₹471.76 crore was recognised, and the net impact of the same has been shown as an exceptional item," the filing said.

The board at its meeting held on Wednesday approved the raising of funds aggregating up to ₹1,200 crore through the issuance of equity shares to India-Japan Fund, and warrants to Hero MotoCorp Ltd, and Ather promoters Tarun Sanjay Mehta and Swapnil Babanlal Jain, the company said in a regulatory filing.

Under the fund-raising programme, the company will mobilise ₹960 crore from Hero MotoCorp, classified as a promoter, through the issuance of 76,19,047 warrants, each convertible into 1 equity share having a face value of ₹1 each at an issue price of ₹1,260 per warrant, the company said.

Post the preferential issue, Hero MotoCorp's holding in Ather Energy will increase to 30.68% from 29.48%, it added.

In a regulatory filing on Wednesday, the company said it has signed a joint development agreement (JDA) to develop a residential project in a prime location of Parel, Mumbai.

The project has an estimated revenue potential of about ₹8,500 crore, it added.

Raymond Realty did not name the landowner with whom it has entered into the agreement.

This is the company's 8th joint development project in Mumbai city.

When contacted, Raymond Realty Managing Director & CEO Harmohan Sahni said, “We have done a JDA with an entity that owns 11 acres of land. It is a slum redevelopment project.”

The lender had earned a net profit of ₹102 crore in the same quarter of the previous fiscal year.

The total income rose to ₹1,741 crore during the June 2026 quarter from ₹1,506 crore in the same period of FY26, Jana Small Finance Bank said in a regulatory filing.

Earlier this month, India Ratings downgraded the rating of outstanding listed non-convertible debentures (NCDs) issued by the bank's promoters -- Jana Capital Ltd (JCL) and Jana Holdings Ltd (JHL) -- in view of the restructuring.

Rating action follows extension of maturity date of outstanding listed NCDs from June 30, 2026, to December 31, 2026, based on the approvals from the debenture holders.

During the quarter, interest earned by the bank improved to ₹1,515 crore compared to ₹1,241 crore in the June quarter of FY26.

The company has successfully secured the bid for a 100 MW project. The electronic reverse auction was finalised on July 15, 2026, where Powerica had submitted its competitive bid. The company’s discovered tariff was ₹3.85 per unit. The Letter of Award (LOA) is expected to be awarded within the stipulated timelines prescribed in the tender document.