CNBC-TV18’s top stocks to watch out for on July 15

SUMMARY

The Indian equity indices may open on a flat note on Thursday tracking a similar trend on SGX Nifty. The Nifty futures were trading 18.50 points or 0.12 percent lower at the 15,845.00 level on the Singaporean Exchange at 7:15 am.

By CNBC-TV18Jul 15, 2021 7:29:01 AM IST (Published)

Infosys | The company’s Q1FY22 net profit rose 2.3 percent to Rs 5,195 crore from Rs 5,076 crore, while revenue increased 6 percent to Rs 27,896 crore from Rs 26,311 crore, QoQ.

Tata Consultancy Services | The IT major has announced plans to expand its operations in Arizona in the US and invest more than $300 million (about Rs 2,236 crore) by 2026.

L&T Technology Services | The company’s Q1FY22 net profit rose 11.1 percent to Rs 216.2 crore from Rs 194.5 crore and revenue rose 5.4 percent to Rs 1,518.4 crore from Rs 1,440.5 crore, QoQ.

ICICI Bank | The bank said that the value of its credit card transactions at POS for May 2021 was Rs 951,746 lakhs and not Rs 1,223,298 lakhs as published by RBI. The bank’s credit card transactions at POS grew by about 124 percent year-on-year by value in May 2021.

Axis Bank | The bank has denied a social media report of the resignation of its two senior executive directors saying it was factually incorrect.

Marico | The company will acquire a 60 percent stake in Apcos Naturals, the maker of ayurvedic beauty brands Just Herbs.

Tata Motors | The company has launched a new brand named ‘XPRES’ exclusively for the fleet customers.

Adani Enterprises | The company’s subsidiary Adani Airport Holdings Ltd will hold nearly 98 percent stake in GVK Airport Developers Ltd pursuant to the rights exercised by it as a lender to the company.

Adani Transmission | The company has received shareholders’ nod to raise up to Rs 2,500 crore in one or more tranches through the issuance of equity shares, securities and debentures.

Dodla Dairy | The company reported a net profit of Rs 9.59 crore in Q4FY21 as against a loss of Rs 1.94 crore, YoY. Revenue rose to Rs 530.5 crore from Rs 527.45 crore, YoY.

Cadila Healthcare | The company has completed the sale and disposal of its subsidiary Zydus Animal Health and Investments Ltd to Zenex Animal Health India Pvt Ltd.

5paisa Capital | The company reported a higher consolidated profit at Rs 7.19 crore in Q1FY22 against Rs 2.8 crore in Q1FY21. Revenue rose to Rs 60.08 crore from Rs 42.33 crore YoY.

Vikas Lifecare | The company acquired a 22.04 percent stake in Advik Laboratories.

Tinplate Company of India | The company reported profit at Rs 68.62 crore in Q1FY22 against a loss of Rs 6.9 crore in Q1FY21. Revenue jumped to Rs 866.3 crore from Rs 379.76 crore YoY.

Earnings Today | Wipro, Larsen & Toubro Infotech, Cyient, Tata Elxsi, Tata Steel Long Products, Aditya Birla Money, Angel Broking, Onward Technologies, Rama Paper Mills, Rollatainers, among others.