🇮🇳 India Daybook ~ Stocks in News
Published: 2025-07-15 08:15 IST | Category: Markets | Author: Abhi
Positive Buzz
- Rail Vikas Nigam Ltd (RVNL) received a Letter of Award from DMRC for constructing a 7.298 km viaduct and platforms for Delhi Metro Phase-IV.
- Rallis India reported a significant 98% year-on-year jump in net profit for Q1 FY26, reaching ₹95 crore, with revenue increasing by 22% to ₹957 crore.
- RailTel Corporation secured a work order worth ₹264 crore from East Central Railway for implementing the Kavach collision avoidance system.
- AstraZeneca Pharma received approval from CDSCO to import and market Durvalumab (Imfinzi) in India for an additional cancer treatment indication.
- Sun Pharma launched LEQSELVI 8 mg tablets in the US, following a settlement with Incyte Corporation.
- Power Mech Projects bagged two Operations & Maintenance (O&M) contracts valued at ₹551.35 crore, including a major contract for SJVN's Buxar power project.
- A resolution plan submitted by a consortium including Oberoi Realty for Hotel Horizon, worth ₹919 crore, was approved by the Committee of Creditors (CoC).
- Deepak Fertilisers signed a ₹1,200 crore regasification contract with Petronet LNG.
- Meson Valves India secured a ₹46.26 lakh order from Mazagon Dock for submarine fuel systems.
- Castrol India won a tax dispute case, with CESTAT ruling in its favor on July 11, 2025, rejecting appeals by the tax department.
- Usha Martin's stock gained momentum, surging about 5% and indicating a resumption of its overall uptrend.
- The National Stock Exchange (NSE) climbed to fourth place globally in IPO fundraising for the first half of 2025, attracting $5.51 billion.
- Indian mutual funds invested over ₹39,000 crore into equities in June 2025, signaling strong domestic confidence.
- Several companies, including Ashok Leyland, Samvardhana Motherson, Motherson Sumi Wiring, IFGL Refractories, and Anuh Pharma, are issuing bonus shares between July 14-18, 2025.
- Market experts recommended several stocks for potential buying, including CEAT, V I P Industries, Blue Jet Healthcare, HEG, Venus Remedies, and Titan Company.
Neutral Developments
- R Doraiswamy officially took charge as the new CEO & MD of LIC for a term of three years or until August 2028.
- The Board of Inox Wind is scheduled to meet on July 17 to consider fundraising through equity shares or other modes.
- Several companies are slated to announce their Q1 FY26 results today, including HDFC Life, ICICI Lombard, ICICI Prudential, HDB Financial Services, Bank of Maharashtra, Just Dial, and GM Breweries.
- Shares of IDBI Bank, Aditya Birla Real Estate, and Mahindra and Mahindra Financial Services traded ex-dividend today.
- The BEML Board is set to consider a stock split.
- Jane Street resumed trading in Indian markets after depositing ₹4,843.5 crore in an escrow account, complying with SEBI's order.
Negative News
- HCLTech lowered its EBIT margin guidance for FY26 to 17–18% from the earlier 18–19%, with Q1 EBIT margins declining 160 basis points sequentially to 16.3%.
- Tata Technologies reported a 10% year-on-year drop in net profit to ₹170 crore for the June quarter, and its constant currency revenues dropped 4.6% quarter-on-quarter.
- Tejas Networks reported a Q1 FY26 net loss of ₹193.9 crore, a significant decline from a profit of ₹77.5 crore a year ago, with revenue plunging 87% year-on-year due to BSNL-related delays.
- Sula Vineyards' shares dropped 3% following a weak Q1 sales update, with revenue falling 7.9% to ₹1.2 billion in Q1.
- Indian benchmark indices, Sensex and Nifty, ended lower for the fourth consecutive session on Monday, influenced by weak global cues and continued foreign institutional investor (FII) outflows.
- The market sentiment turned weak as the Nifty 50 index slipped further towards its 50-DEMA support.
- Large-cap IT and financial services stocks experienced significant selling pressure.
TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex
Tags: Stocks in News Stock Market Buzzing Stocks Nifty Sensex