return to news
  1. Stocks to watch, July 31: Swiggy, Tata Steel, Astra Microwave, Mazagon Dock, Navin Fluorine, Torrent Pharma, Maruti Suzuki, Sun Pharma

Market News

Stocks to watch, July 31: Swiggy, Tata Steel, Astra Microwave, Mazagon Dock, Navin Fluorine, Torrent Pharma, Maruti Suzuki, Sun Pharma

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.

4 min read | Updated on July 31, 2026, 07:54 IST

SUMMARY

Food delivery and quick commerce platform Swiggy narrowed its consolidated net loss to ₹791 crore in the first quarter ended June 30, 2026. In the year-ago period, the company had posted a net loss of ₹1,197 crore.

The GIFT NIFTY futures suggest that the NIFTY50 index will open 20 points higher.

The GIFT NIFTY futures suggest that the NIFTY50 index will open 20 points higher.

The domestic equity market is expected to open flat with positive bias on Friday, July 31. The GIFT NIFTY futures suggest that the NIFTY50 index will open 20 points higher.

Open FREE Demat Account within minutes!
Join now
Here is a list of stocks that may remain in focus today.
Q1 results today: More than 100 companies will post their first quarter earnings for the current fiscal year on Friday, July 31. They include Sun Pharmaceutical Industries, Maruti Suzuki, ITC, Indian Oil Corporation, Bajaj Finserv, Bajaj Holdings & Investment, ABB India, Aditya Birla Capital, GAIL India, Shree Cements, Dixon Technologies, National Aluminium Company and Urban Company, among others.
Garden Reach Shipbuilders & Engineers: The shipyard has secured a notification of award (NOA) from Oil and Natural Gas Corporation Limited (ONGC) worth ₹1,032.07 crore for the construction of four platform supply vessels.
Swiggy: The food delivery and quick commerce platform narrowed its consolidated net loss to ₹791 crore in the first quarter ended June 30, 2026. In the year-ago period, the company had posted a net loss of ₹1,197 crore.

During the reporting quarter, Swiggy's revenue from operations increased 37.31% to ₹6,812 crore, from ₹4,961 crore a year ago.

In a letter to shareholders, Swiggy Co-founder, MD and Group CEO Sriharsha Majety said the firm's quick commerce business, Instamart, hit break-even contribution target in May 2026 with an overall contribution for the quarter at -0.2% of gross order value (GOV), while Adjusted EBITDA losses for the segment narrowed to ₹778 crore.

Tata Steel: The steel producer recorded a 19% surge in consolidated net profit to ₹2,385.24 crore in the latest June quarter on account of growth in revenues from India operations. It had reported a net profit of ₹2,007.36 crore in Q1 FY26.

Total income advanced to ₹61,026.97 crore in the quarter under review, up from ₹53,466.79 crore in the same quarter a year ago.

Astra Microwave Products: The defence solution provider has bagged an order from Hindustan Aeronautics Limited (HAL) for procurement of 122 AAAU and 121 interface frames for Uttam Radar for ₹2,205.23 crore.
Torrent Pharmaceuticals: The drugmaker saw its profit after tax climb 3% to ₹566 crore in the three months ended June 2026, compared to ₹548 crore in the same period last fiscal.

Revenue from operations stood at ₹4,921 crore vs ₹3,178 crore in the corresponding quarter a year ago.

Mazagon Dock Shipbuilders: The company reported a 21.5% jump in consolidated net profit to ₹549.4 crore in the first quarter ended June 2026.

It had posted a net profit of ₹452.2 crore during the April-June period of 2025-26.

The company's revenue from operations during the first quarter of FY27 rose 12.1% to ₹2,942.7 crore, against ₹2,625.6 crore in the year-ago period.

LIC Housing Finance: The home loan provider witnessed a single-digit growth of 9% in its net profit to ₹1,488 crore in Q1 FY27 as against ₹1,360 crore in the year-ago period.

The total income slipped to ₹7,066 crore during the latest June quarter compared to ₹7,233 crore in the same period a year ago.

The company's interest income also declined to ₹7,024 crore from ₹7,113 crore in the June quarter of the previous fiscal.

Navin Fluorine International: The company has signed an agreement with the Defence Research and Development Organisation (DRDO) for "indigenous manufacturing of sodium borohydride chemical in bulk".
AWL Agri Business: Leading food & FMCG company AWL Agri Business posted a 48% increase in consolidated profit after tax to ₹351.39 crore in the June quarter of current fiscal on higher revenue. Its profit stood at ₹237.95 crore a year back.

Total income rose to ₹20,116.91 crore in Q1 FY27 from ₹17,264.74 crore in the same period of the preceding year.

"We have delivered yet another quarter of strong financial performance, with broad-based growth and robust profitability, reflecting the continued execution of our strategy to build a large, trusted Food FMCG platform," Shrikant Kanhere, MD & CEO, AWL Agri Business, said.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

Next Story