India Daybook: July 20, 2026

📍 EARNINGS

• HDFC Bank: The private lender reported a 5% YoY rise in standalone net profit to ₹19,060 crore for Q1 FY27. Asset quality showed improvement as Gross NPA fell to 1.17% compared to 1.40% in the previous year.
• Reliance Industries (RIL): Reported a 25% YoY surge in revenue to ₹3.11 lakh crore. However, net profit fell 22% to ₹20,946 crore, primarily due to a high base effect from an exceptional gain recorded in the same quarter last year.
• Central Bank of India: Net profit for the June quarter rose 13.3% YoY to ₹1,324 crore, supported by steady growth in interest income.
• Polycab India: The company posted a strong 32.8% YoY increase in consolidated net profit, reaching ₹797 crore for Q1 FY27.

📍 BOARD MEETING

• Paytm (One 97 Communications): The Board of Directors is meeting today, July 20, to approve Q1 FY27 financial results and consider a proposal for the issuance of bonus shares to equity shareholders.

📍 ORDER WIN

• Servotech Power Systems: The company has bagged a significant order for hybrid solar power systems in Uttar Pradesh, further strengthening its renewable energy portfolio.
• Raunaq International: Secured two separate orders from Ambuja Cements worth approximately ₹18.10 crore for the supply and commissioning of raw water pipelines.

📍 REGULATORY & LEGAL

• Reliance Power & Reliance Infrastructure: The CBI conducted search and seizure operations at the registered offices of both companies on July 18 in connection with ongoing investigations into specific financial transactions.

📍 DIVIDEND

• Info Edge (India): The stock is in focus as it approaches its ex-dividend date on July 24 for an interim dividend of ₹3.60 per share.

📍 UPCOMING RESULTS

• Infosys: The IT major is scheduled to announce its Q1 FY27 results on July 23, with the market expecting updates on its AI-led deal pipeline and full-year revenue guidance.

TAGS: India Daybook, Stocks in News, Corporate News, Stock Market, Company News