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  1. Stocks to Watch, July 29: Happiest Minds, Asian Paints, L&T, Amber Enterprises, Blue Dart Express, GAIL, IndusInd Bank

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Stocks to Watch, July 29: Happiest Minds, Asian Paints, L&T, Amber Enterprises, Blue Dart Express, GAIL, IndusInd Bank

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7 min read | Updated on July 29, 2025, 07:59 IST

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SUMMARY

Stocks to Watch: GAIL (India) Ltd, the nation's top natural gas sales and distribution firm, on Monday reported a 30% drop in its June quarter net profit on widening losses on petrochemical business and a drop in gas marketing margins.

Stocks to watch

The GIFT NIFTY futures suggest that the NIFTY50 index will open 46 points lower. | Image: Shutterstock

Stocks to Watch: The domestic equity market is expected to open in the red on Tuesday, July 29. The GIFT NIFTY futures suggest that the NIFTY50 index will open 46 points lower.
Here is a list of stocks that may remain in focus today.
Results today: As many as 96 companies are slated to announce their June quarter (Q1 FY26) earnings on Tuesday, July 29. Some of the key names that will release their financial results are Amber Enterprises, Arvind Ltd, Apar Industries, Asian Paints, Bank of India, Blue Dart Express, Dilip Buildcon, Craftsman Automation, Deepak Fertilisers, Gabriel India, Happiest Minds Technologies, Jubilant Pharmova, Larsen & Toubro (L&T), Strides Pharma Science, Star Health, Welspun Corp, and Zee Media Corporation.
Go Digit: General insurance firm Go Digit on Monday reported a 38% increase in net profit to ₹138 crore during the June quarter.

The Fairfax-backed company had earned a net profit of ₹101 crore in the same period a year ago.

The gross written premium for the quarter rose to ₹2,982 crore against ₹2,660 crore in the year-ago period, Go Digit said in a regulatory filing.

The assets under management of the company rose to ₹20,861 crore during the quarter under review, compared to ₹17,773 crore a year earlier.

Mazagon Dock Shipbuilders: Mazagon Dock Shipbuilders, India's biggest warship builder, on Monday reported a 35% drop in its consolidated net profit for the June quarter to ₹452.15 crore.

It had posted a net profit of ₹696 crore during the April-June quarter of the previous fiscal year, Mazagon Dock Shipbuilders said in a regulatory filing.

The company's revenue from operations increased by 11.4% year-on-year to ₹2,625.59 crore during the quarter under review compared to ₹2,357.02 crore in the corresponding period of the previous fiscal.

Its total expenses surged to ₹2,348.05 crore in the June quarter from ₹1,739.23 crore logged a year ago, with a notable increase in raw material costs, procurement of spares, subcontracting charges, and provisioning, it added.

JK Paper: JK Paper Ltd. reported on Monday a decline of 39.32% in its consolidated net profit to ₹85.43 crore in the first quarter ended June 2025, on account of low sales realisations and high wood pulp prices.

The company had posted a net profit of ₹140.79 crore in the April-June quarter a year ago, according to a regulatory filing from JK Paper, maker of branded copier paper, coated paper, and packaging boards.

Its revenue from operations slipped 2.3% to ₹1,674.16 crore in the June quarter of FY26. The same stood at ₹1,713.65 crore in the corresponding quarter of FY25.

Total expenses of JK Paper were ₹1,583.28 crore, up 2.2% during the quarter.

Marksans Pharma: Investment management company Unifi Capital on Monday sold a 1.6% stake in Marksans Pharma for nearly ₹168 crore through an open market transaction.

According to the bulk deal data on the BSE, Chennai-based Unifi Capital Pvt Ltd offloaded 72.41 lakh equity shares, or a 1.6% stake, in Marksans Pharma.

The shares were disposed of at an average price of ₹231.50 apiece, taking the transaction value to ₹167.63 crore.

GAIL: GAIL (India) Ltd, the nation's top natural gas sales and distribution firm, on Monday reported a 30% drop in its June quarter net profit on widening losses on petrochemical business and a drop in gas marketing margins.

Net profit was ₹1,886.34 crore in April-June—the first quarter of the 2025-26 fiscal year—compared with ₹2,723.98 crore earned in the same period last year, according to a company stock exchange filing.

While losses on petrochemical business widened to ₹249 crore from ₹42 crore in Q1 of last fiscal year, earnings from natural gas marketing nearly halved to ₹1,071.6 crore.

Motherson Sumi Wiring India: Auto component maker Motherson Sumi Wiring India Ltd. on Monday reported a 3.8% decline in net profit to ₹143.1 crore in the June quarter, impacted by higher expenses.

The company had posted a consolidated net profit of ₹148.87 crore in the corresponding period last fiscal year, Motherson Sumi Wiring India Ltd (MSWIL) said in a regulatory filing.

Total revenue from operations in the first quarter was at ₹2,494.03 crore as against ₹2,184.84 crore in the year-ago period, it added.

During the quarter, total expenses were higher at ₹2,305.26 crore as compared to ₹1,991.46 crore in the same period of the previous fiscal year, the company said.

IndusInd Bank: Private sector lender IndusInd Bank on Monday reported a 72% drop in its consolidated net profit for the June quarter to ₹604 crore and assured that there will not be any more financial impact of past frauds.

The bank, which is reeling under a slew of issues stemming from alleged irregularities of the top management in recognising bad loans and trading reverses, had reported a net profit of ₹2,171 crore in the year-ago period.

It had reported a loss of ₹2,329 crore in the preceding March quarter, and the interim management, which has taken over operations of the business after the resignation of leadership, including then chief executive Sumant Kathpalia, had said that all the possible impacts are recognised.

Adani Total Gas: Adani Total Gas Ltd on Monday reported an 8% fall in its June quarter net profit after a cut in supply of cheaper domestically produced gas led to higher input prices.

Net profit was ₹162 crore in April-June—the first quarter of the 2025-26 fiscal year—compared with ₹177 crore a year back, according to a company statement.

The cost of natural gas, which the firm converts into CNG for sale to automobiles and pipes to household kitchens for cooking, rose 31% to ₹1,049 crore in the quarter.

This is because a lower allocation of cheaper domestic gas, called APM for the CNG segment, had to be replaced with high-priced gas from other sources.

Waaree Energies: Waaree Energies, the solar module manufacturer, on Monday, July 28, reported a net profit of ₹745 crore in the first quarter of the current financial year, marking an upside of 89% from ₹394 crore in the same period last year.

The solar module maker's revenue from operations in the April-June period advanced 30% to ₹4,426 crore from ₹3,409 crore in the year-ago period.

The company reported strong operational performance as its operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), rose 80% to ₹997 crore, and its operating profit margin expanded by 630 basis points to 22.53%.

NTPC Green Energy: NTPC Green Energy, the renewable power generation company, on Monday, July 28, reported a consolidated net profit of ₹220 crore in the first quarter of the current financial year, marking an increase of 58% from ₹139 crore in the same period last year.

The company's revenue from operations advanced 18% to ₹680 crore in the April-June period from ₹578 crore in the year-ago period.

NTPC Green reported stable performance in the June quarter as its operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), climbed 18% to ₹604 crore compared with ₹513 crore in the year-ago period.

Torrent Pharma: Drugmaker Torrent Pharma reported a 20% growth in its consolidated net profit on Monday at ₹548 crore for the quarter ended June 30, 2025. The firm’s net profit for the same period last fiscal year was ₹457 crore.

Its revenue from operations increased 11% year-on-year (YoY) to ₹3,178 crore for Q1 FY26 as compared to ₹2,859 crore in the corresponding quarter of the previous fiscal year.

The operating profit, or earnings before interest, taxes, depreciation, and amortisation (EBITDA), came in at ₹1,032 crore for the quarter under review as against ₹904 crore in Q1 FY25, clocking a jump of 14%. This includes acquisition-related one-off expenses of ₹15 crore.

Transport Corporation of India (TCI): Multimodal logistics operator Transport Corporation of India (TCI) on Monday reported 19% growth in standalone profit after tax (PAT) at ₹124.2 crore in the June quarter.

The company, in a statement, said it had posted standalone PAT of ₹104.7 crore in the year-ago period.

Revenue during the quarter under review stood at ₹1,033.8 crore, up from ₹984 crore, registering a growth of 5.1% year-on-year, it said.

The company also said it delivered earnings before interest, taxes, depreciation, and amortisation (EBITDA) of ₹162.9 crore during the April-June period, as against ₹144.7 crore in the first quarter of FY25.

(With inputs from PTI)
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