Stocks to Watch, July 30: CAMS, L&T, Tata Steel, Hitachi Energy India, Power Grid, Hind Rectifiers, Zaggle, GE Vernova T&D India

The list includes names such as Tata Steel, Asahi India Glass, ADF Foods, BASF India, Birla Corporation, Computer Age Management Services (CAMS), BEML Land Assets, CESC Ltd, Hyundai Motor India, Indraprastha Gas (IGL), InterGlobe Aviation, ITD Cementation India, Jaiprakash Power Ventures, MOIL Ltd, NESCO Ltd, Power Grid Corporation of India, Hitachi Energy India, Relaxo Footwears, Redington, Sagility India, Sonata Software, Welspun Living, Thomas Cook (India), and Zydus Wellness.

The bank's core net interest income declined by 3% to ₹6,068 crore even though the global advances increased by 12%, but restricted by a 0.52% compression in the net interest margin to 2.55%.

Its managing director and chief executive Rajneesh Karnatak said NIMs have bottomed-out, but declined to share a target for the remainder of the fiscal year on the crucial number which is under pressure for lenders across the banking system as the RBI goes about with its rate cuts.

The company had posted a consolidated net profit of ₹2,785.72 crore in the year-ago period, L&T said in a filing to the BSE.

The consolidated revenue from operations in the April-June period increased to ₹63,678.92 crore over ₹55,119.82 crore in the year-ago period, the filing said.

The company achieved "consolidated revenues of ₹63,679 crore for the quarter ended June 30, 2025, registering a Y-o-Y (year-on-year) growth of 16% with healthy execution witnessed in its key projects and manufacturing portfolio."

** Zaggle Prepaid Ocean Services**: Zaggle Prepaid Ocean Services Ltd. on Tuesday said it has acquired a 100% stake in fintech firm Rio Money for ₹22 crore in a strategic move to enter the high-growth consumer credit card segment via UPI.

With this acquisition, Zaggle, a major player in corporate spend management and commercial cards, has forayed into the rapidly expanding retail credit payments market, the company said in a statement.

The acquisition forms part of Zaggle's broader strategy to invest proceeds from its ₹595 crore QIP towards growth-focused, accretive acquisitions.

Founded in 2023, Rio Money offers a cutting-edge UPI app that seamlessly integrates credit into UPI transactions.

Revenue from operations jumped by 58.5% to ₹214.8 crore in the April-June quarter compared to ₹135.5 crore in Q1FY25, the company said in an exchange filing.

Hind Rectifiers said its order book has reached an all-time high of ₹1,025 crore, led by a robust ₹327 crore worth of orders from Indian Railways during the quarter, further reinforcing the company’s position as a trusted partner in power electronics and locomotive segments.

The company secured two orders amounting to ₹127 crore and ₹101 crore from Indian Railways for locomotive products.

The company reported a net profit of ₹199.65 crore in the year-ago period, according to a regulatory filing.

Total revenue rose 16.54% to ₹2,658.75 crore during the June quarter of the 2025-26 fiscal year from ₹2,281.33 crore a year ago.

Expenses remained higher at ₹2,337.31 crore as against ₹2,023.25 crore in the said period.

KEC International, which is an EPC player in the infrastructure sector, had clocked a net profit of ₹87.58 crore in the April-June period of the preceding 2024-25 financial year.

The company increased its income to ₹5,028.27 crore in the first quarter from ₹4,555.02 crore in the year-ago period, KEC International said in an exchange filing on Monday.

Expenses stood at ₹4,869.76 crore against ₹4,442.98 crore in the corresponding quarter a year ago.

GE Vernova T&D India, the listed entity of GE Vernova's Electrification segment in India, had clocked a net profit of ₹134.5 crore in the April-June period of the preceding 2024-25 financial year.

The company increased its income to ₹1,346.4 crore in the first quarter from ₹970.1 crore in the year-ago period, GE Vernova T&D India said in an exchange filing.

Expenses stood at ₹956.4 crore as against ₹790.2 crore in the corresponding quarter a year ago.

In a separate statement, the company said it has reported an EBITDA of ₹387.6 crore, higher than ₹182.2 crore in the June quarter of FY25.

The company had posted a net profit of ₹41.03 crore in April-June a year ago, according to a regulatory filing from Jagran Prakashan Ltd (JPL).

Its revenue from operations was up 3.6% to ₹460.05 crore in the June quarter. It was at ₹444.11 crore in the corresponding quarter a year ago.

The three firms had, for the first time, come together to bid for an area for finding and producing oil and gas in offshore exploration of Block GS-OSHP-2022/2 in the 9th bid round of Open Acreage Licensing Policy (OALP) last year.

The company had reported a net profit of ₹39.9 crore in the April-June quarter a year ago, according to a regulatory filing from HeidelbergCement India.

Its revenue from operations rose 12.27% to ₹597.54 crore in the June quarter. The same stood at ₹532.19 crore a year ago.

It had posted a net profit of ₹98.97 crore in the April-June period last fiscal, according to a regulatory filing from V-Guard Industries.

V-Guard's revenue from operations was ₹1,466.08 crore, marginally down in the June quarter. It was ₹1,477.10 crore in the corresponding period a year ago.

Total expenses of V-Guard in the June quarter grew 1.6% to ₹1,373.07 crore.

The company's total income, which includes other incomes, declined marginally to ₹1,471.33 crore in the June quarter.

The company had posted a net profit of ₹43.73 crore in the year-ago period, according to a regulatory filing from Arvind Ltd.

Its revenue from operations was up 9.6% at ₹2,006.32 crore during the quarter under review. It was at ₹1,830.60 crore in the corresponding period of the previous fiscal year.