🇮🇳 India Daybook ~ Stocks in News — July 13, 2026

Positive Buzz

• LTIMindtree: The IT major reported a strong start to FY27 with a 17.1% year-on-year rise in consolidated net profit. Revenue for the quarter grew 18% YoY to ₹11,608 crore, reflecting robust demand in digital transformation services.
• Avenue Supermarts (DMart): The retail giant posted a 15.1% YoY increase in revenue at ₹18,343 crore for the June quarter. Net profit rose 12.8% to ₹936 crore, supported by marginal margin expansion to 8.3%.
• NTPC: The state-run power giant’s board has greenlit a massive investment of ₹20,457 crore for the Lara Super Thermal Power Project Stage-III (2x800 MW) in Chhattisgarh.
• Anand Rathi Wealth: The company’s Assets Under Management (AUM) crossed the ₹1 trillion milestone for the first time. It reported a 24% YoY jump in Q1 net profit to ₹1.16 billion.
• Rajesh Power Services: The stock will be in focus after securing a significant turnkey contract worth ₹6.53 billion from Paschim Gujarat Vij Company for underground cabling projects.
• Avantel: Reported a stellar quarterly performance with revenue up 35.7% and net profit surging 67.4% YoY, driven by strong execution in the defense communications segment.
• IdeaForge Technology: The drone maker successfully raised ₹500 crore through a Qualified Institutional Placement (QIP) to fund its expansion and R&D initiatives.

Neutral Developments

• HCL Technologies: The IT heavyweight is scheduled to announce its Q1 FY27 results today. Investors are closely watching for management commentary on the demand outlook and a potential second interim dividend.
• State Bank of India (SBI): The bank has reduced the Offer-for-Sale (OFS) size for the upcoming SBI Fund Management IPO to a 4.89% stake, down from the 6.3% previously planned.
• Bharti Airtel: In its annual report, the company highlighted a ₹20,000 crore investment plan for its financial services arm, Airtel Money, as it pivots toward non-telecom growth drivers.
• Bulk Deals: BOFA Securities Europe acquired 81.82 lakh shares of Kalyan Jewellers, while Quant Mutual Fund bought 7 lakh shares of Ethos at ₹2,500 per share.
• Ex-Dividend Stocks: Shares of Mahindra & Mahindra Financial Services, Bhansali Engineering, and Ingersoll-Rand (India) will trade ex-date for their respective dividends today.

Negative News

• Market Opening: GIFT Nifty indicates a gap-down start of over 150 points for the Nifty 50, tracking a sharp sell-off in global futures following US-Iran airstrikes over the weekend.
• Crude Oil Impact: Brent crude futures jumped over 4% to hit $79 per barrel. This spike is expected to weigh heavily on OMCs and paint companies due to rising input costs and inflationary concerns.
• Jindal Steel & Power: The company announced the resignation of its Chief Executive Officer, Gautam Malhotra, effective July 15, which may lead to short-term leadership uncertainty.
• Geopolitical Risks: The reported closure of the Strait of Hormuz has triggered supply chain anxiety, potentially impacting logistics and energy-dependent sectors.

TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex

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