Saturday, July 25, 2026

Stocks to watch for July 23: HPCL, Dr Reddy’s Lab, IndusInd Bank and more

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From HPCL, Dr Reddy’s Lab, IndusInd Bank and others reporting their Q1 results to Auto component maker Sona BLW Precision Forgings Ltd announcing a pa…

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Shoppers Stop Ltd | Multi-brand fashion retailer on Wednesday (July 22) reported an 11.2% year-on-year increase in revenue from operations to ₹1,291.4 crore for the first quarter, compared with ₹1,161.1 crore in the corresponding quarter last year.

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Nippon Life India Asset Management Ltd | The firm reported a 27.2% year-on-year increase in net profit to ₹504 crore for the first quarter of FY27, compared with ₹396 crore in the corresponding period last year.

IIFL Finance, NBFC, NBFC Stocks, IIFL Finance Share price

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IIFL Finance| Leading non-bank lender IIFL Finance Ltd on Wednesday (July 22) reported a 189.3% year-on-year rise in consolidated net profit to ₹675.1 crore for the first quarter, compared with ₹233.4 crore in the corresponding period last year.

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IndusInd Bank Ltd | Private sector lender on Wednesday (July 22) reported a 46.5% year-on-year increase in net profit for the first quarter. The bank posted a net profit of ₹1,002.5 crore, compared with the CNBC-TV18 poll estimate of ₹725 crore. The lender had reported a net profit of ₹684 crore in the corresponding quarter last year.

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Sona BLW Precision Forgings Ltd | Auto component maker, also known as Sona Comstar, on Wednesday (July 22) announced a partnership with DENSO Corporation, Japan, to establish two joint ventures for developing, designing, manufacturing and marketing advanced electric and hybrid powertrain systems across multiple vehicle segments.

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Hindustan Petroleum Corporation Ltd | Maharatna central public sector enterprise HPCL on Wednesday (July 22) reported a net loss of ₹11,526.4 crore for the June quarter, compared with a net profit of ₹4,901.5 crore in the preceding quarter, as weak marketing margins weighed on profitability.

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Dr Reddy’s Laboratories | The drug firm reported a weak set of earnings for the June quarter, with profit, revenue and operating performance missing CNBC-TV18 estimates by a wide margin. The pharmaceutical major also posted a sharp year-on-year decline across key financial metrics, underscoring pressure on profitability during the quarter.

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NACL Industries Ltd | Muruguppa Group-backed agrochemical firm reported a 59.8% year-on-year rise in consolidated net profit after tax to ₹20.84 crore for the quarter ended June 30, 2026, compared with ₹13.04 crore in the corresponding period last year.

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UCO Bank | State-run lender on Wednesday (July 22) reported an 8% year-on-year rise in net profit for the June quarter, supported by strong growth in net interest income (NII) and lower provisions, while continued improvement in asset quality also aided the lender’s performance.

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Q1 earnings | A batch of companies is set to announce their June quarter results on Thursday. The list includes 3i Infotech, Banaras Beads, Capital Small Finance Bank, Chennai Petroleum Corporation, Cipla, Coromandel International, Indiabulls and Indian Energy Exchange (IEX).

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