Stocks to watch, July 29: Inox Wind, L&T, Vedanta Power, Vedanta Oil and Gas, Asian Paints, Waaree Energies

The domestic stock market is expected to open gap-up on Wednesday, July 29. The GIFT NIFTY futures suggest that the NIFTY50 index will open 123 points higher.

The company had posted consolidated net profit of ₹3,617.19 crore in the year-ago period.

The company's consolidated revenue from operations during the first quarter rose to ₹67,941.74 crore from ₹63,678.92 crore in the year-ago period.

When asked whether the company has made headway in nuclear energy partnerships, the company's President & Director-Finance, R Shankar Raman, said during the media briefing that "there are a lot of discussions that are happening in terms of both the conventional nuclear power as well as the modular nuclear power".

The company had reported a net profit of ₹30.47 crore in the year-ago period, according to regulatory filings.

Sequentially, profit advanced 20.87% while revenue grew 5.94%.

The size of the order is ₹358.97 crore.

Under the contract, Inox Wind will be responsible for the end-to-end execution of the project, including the supply of wind turbine generators, engineering, procurement & construction (EPC), and post-commissioning operations and maintenance services. The project is scheduled to be commissioned within 24 months from the date of the Letter of Award (LoA).

Consequently, Shatmanyu Shrivastava, Executive Director (Finance & Accounts) has been appointed as Chief Financial Officer effective July 28, 2026, LIC said in a regulatory filing.

Prior to taking over charge as Executive Director (Finance & Accounts) & Chief Financial Officer, Shrivastava was working as Executive Director (Enterprise Risk Management) and Chief Risk Officer.

The non-banking financial company (NBFC) had reported a profit after tax (PAT) of ₹175 crore in the year-ago period.

Total income of the company rose to ₹1,581 crore in the first quarter of the current fiscal year compared to ₹1,005 crore in the year-ago period, the company said in a statement.

The NBFC's interest income also increased to ₹1,323 crore during the quarter under review from ₹806 crore a year earlier.

The Tata group company had reported a net profit of ₹990 crore in the year-ago period.

The net interest income of the company increased 25% year-on-year to ₹3,571 crore in the June quarter on the back of a 22% expansion in the assets under management to Rs 2.91 lakh crore.

Having recently entered the gold loan business through an acquisition, the company announced ambitious targets in the segment, including a five-fold increase in AUM over the next three years.

Retail segment AUM of the company, excluding motor finance business, increased to ₹1.43 lakh crore in the June quarter, from ₹1.36 lakh crore in the March quarter, and ₹1.18 lakh crore in the June quarter last year, according to the investor presentation.

In its annual report for 2025-26, IndiGo said that ongoing conflicts in West Asia have resulted in intermittent airspace restrictions, leading to higher operating costs on certain international routes.

"These challenges may also cause schedule disruptions or temporary suspension of services," the airline said.

IndiGo is the country's largest airline and had a domestic market share of 66.3% in June. The carrier is also expanding its international network.

"The outlook for Indian aviation in FY 2027 remains highly sensitive to geopolitical uncertainties," the report said.

Its net profit stood at ₹316.75 crore in the year-ago period.

The total income rose to ₹6,145.82 crore in the first quarter of this fiscal from ₹4,537.55 crore in the corresponding period of the preceding year, according to a regulatory filing.

The company said the board has approved setting up an aluminium fluoride manufacturing plant with a capacity of 15,000 tonnes per annum at Paradeep, Odisha.