Stocks to Watch, July 18: Axis Bank, RIL, CEAT, Jio Finance, HUDCO, L&T Finance, Indian Hotels, Sterling and Wilson, Bandhan Bank

The company's revenue from operations rose nearly 1% to ₹22,135 crore at the end of the June quarter, as against ₹21,964 crore in the year-ago period. In dollar terms, Wipro's revenue came in at $2,587.4 million, a decrease of 0.3% quarter-on-quarter (QoQ) and 1.5% year-on-year (YoY).

The company reported a consolidated net profit of ₹154.18 crore in the first quarter last fiscal and said it will invest about ₹450 crore to expand the capacity of its Chennai plant.

Consolidated revenue from operations stood at ₹3,529.41 crore in the first quarter as against ₹3,192.82 crore in the year-ago period, CEAT Ltd said in a regulatory filing.

Total expenses in the quarter under review were higher at ₹3,375.1 crore compared with ₹3,003.56 crore in the year-ago period, it added.

The Kolkata-headquartered company has executed an agreement to subscribe to Optionally Convertible Debentures (OCDs) issued by Cannis Lupus, which operates in the pet care segment under the brand ‘Fur Ball Story’.

According to a regulatory filing with stock exchanges on Thursday, Emami will convert existing inter-corporate loans of around ₹8.23 crore into OCDs and infuse an additional ₹4 crore through fresh subscriptions to these instruments.

In a regulatory filing, HUDCO informed that the 'Bond Allotment Committee' has approved the raising of debentures aggregating up to ₹3,000 crore.

HUDCO is engaged in the financing of housing and urban infrastructure projects.

The country's biggest hospitality player posted a net profit of ₹260.19 crore in the corresponding period of the previous financial year.

Its total income from operations stood at ₹2,102.17 crore during the April-June quarter, against ₹1,596.27 crore in the year-ago period.

The company's total expenses also increased to ₹1,662.35 crore from ₹1,267.78 crore a year ago, a regulatory filing showed.

On a standalone basis, the third-largest private sector lender's net profit declined to ₹5,806 crore from the year-ago period's ₹6,034 crore but was down sharply when compared with the quarter-ago period's ₹7,117 crore.

The bank's core income showed low growth in the reporting period, but it was a ₹614 crore hit brought about by what it called a "technical impact", which hurt the profits.

Its net profit stood at ₹22.78 crore in the year-ago period.

Total income, however, fell to ₹201.53 crore in the April-June period of the 2025-26 fiscal year from ₹328.01 crore in the corresponding period of the preceding year, according to a regulatory filing on Thursday.

Sunteck Realty is one of the leading real estate firms in the country. It has developed many projects in the Mumbai Metropolitan Region (MMR).

The agreement will further strengthen the company's financial position and liquidity, reversing results that led to a reported net debt of ₹4.9 billion last year, it said in a statement.

On July 11, 2025, Glenmark, through wholly owned subsidiary IGI Therapeutics SA, announced an exclusive licensing agreement with AbbVie for ISB 2001, a lead investigational asset developed by IGI, targeted for the treatment of cancer and autoimmune diseases.

"Following the transaction, we expect Glenmark's adjusted debt to decline to Indian rupee (INR) 10 billion-11 billion in fiscal 2026," S&P Global Ratings said.

The company reported a net profit of ₹4.83 crore in the first quarter of the preceding 2024-25, the company said in a statement.

Its revenue from operations rose to ₹1,761.63 crore in the June quarter from ₹915.06 crore in the April-June period a year ago.

SWREL is a global pure-play, end-to-end renewable engineering, procurement, and construction (EPC) solutions provider.

The company reported a revenue of ₹612.46 crore for the reporting quarter, up 46.5% from ₹417.82 crore in Q1 FY25.

During the reporting quarter, its interest income doubled to ₹363 crore as against ₹162 crore in Q1 FY25.

The company, which had posted a consolidated net loss of ₹22.72 crore in the first quarter last fiscal, said its long-serving chairman B. S. Nagesh will retire from the post after 34 years of service.

Consolidated revenue from operations stood at ₹1,161.08 crore in the first quarter against ₹1,069.31 crore in the year-ago period, Shoppers Stop Ltd said in a regulatory filing.

Total expenses in the quarter under review were higher at ₹1,192.06 crore compared with ₹1,104.51 crore in the year-ago period, the company said.

As per the regulatory filing on Thursday, Adani Commodities LLP (ACL), a subsidiary of Adani Enterprises, will soon sell the residual 10.42% stake in AWL Agri Business Ltd, leading to a complete exit from the FMCG business.

In January, ACL had already sold a 13.51% stake in AWL through the offer for sale route, generating ₹4,855 crore.

This partnership will enhance geological understanding and unlock untapped hydrocarbon potential, strengthening India's long-term energy security, Oil and Natural Gas Corporation Limited (ONGC) said in a post on X.

"#ONGC has signed a strategic Memorandum of Understanding (MoU) with @bp_plc on 17 July 2025 to collaborate on drilling stratigraphic wells in India's Category II & III offshore sedimentary basins: Andaman, Mahanadi, Saurashtra, and Bengal," the oil major said.

The company had posted a net profit of ₹332.93 crore in the same period a year ago.

The consolidated income from operations of Tata Communications increased by 6.5% to ₹5,959.85 crore during the report quarter from ₹5,592.32 crore in the June 2024 quarter, the company said in a regulatory filing on Thursday.

During the Annual General Meeting of Tech Mahindra, he said that the IT firm has an edge in the area of AI, which is reshaping businesses and society.

"Over the next two to three years, the company plans to invest in learning infrastructure and in enhancing market position in key markets by investing in sales, marketing and key service lines across strategic verticals," Mahindra said in response to a question asked by a shareholder.

The company had logged a net profit of ₹2.84 crore in the April-June quarter a year ago, according to a regulatory filing from Nuvoco Vistas Corp.

Its revenue from operations was up 9% to ₹2,872.70 crore in the June quarter. It was at ₹2,636.48 crore in the corresponding quarter a year ago.

Total expenses of Nuvoco Vistas Corp were up 1.9% to ₹2,685.9 crore in the June quarter of FY'26.

Following the acquisition, EQT will invest ₹500 crore as growth capital to support geographic expansion and enhance the digital capabilities of Niwas Housing Finance, a joint statement said.

This transaction, valued at ₹1,750 crore, marks a significant milestone in Niwas' journey as it expands its presence across India.