Infosys, Tata Motors, Tata Steel, Vedanta, ITC, Wipro, Adani Power, Bank of Baroda, Coal India
Vedanta Stocks: Anil Aggarwal-led Vedanta got permission from BSE and NSE to split into six separate listed companies.
On July 31, the 30-share BSE Sensex rose 285.94 points, or 0.35 per cent, to settle at 81,741.34 – its all-time high – with 20 components advancing and 10 declining. The index opened higher and rose 372.64 points, or 0.45 percent, to an intra-day high of 81,828.04.
The NSE Nifty closed up 93.85 points, or 0.38 per cent, at an all-time high of 24,951.15. During the day, it gained 127.3 points or 0.51 percent to hit a high of 24,969.35.
According to Zee Business Expert, the focus will be on stocks today
- Tata Steel Stock: The Tata group steelmaker reported a 51 percent year-on-year rise in consolidated net profit to Rs 960 crore in the June quarter, with margins improving by 350 bps to 12.2 percent.
- Coal India Stock: Coal India reported a net profit of Rs 10,944 crore in the first quarter of FY25.
- Bank of Baroda Stock: Bank of Baroda reported a 9.5 per cent rise in annual net profit to Rs 4,458.2 crore and NII rose 5.5 per cent to Rs 11,600 crore in the April-June period.
- Infosys Stock: Infosys said the Karnataka state GST authorities had issued a show-cause notice for payment of GST of Rs 32,403 crore for the period July 2017 to March 2022 “on expenses incurred by overseas branch offices of Infosys Limited”.
- Phoenix Mills Stock: The Board of Phoenix Mills approved the proposal to issue bonus shares in the ratio of 1:1 (one bonus share for every share).
- Stock Quarterly Results: 90 companies are involved ITC, Tata Motors, Sun Pharma, Zomato earnings are due on August 1.
- Dividend Stocks: Hero MotoCorp, Karur Vysya Bank, Oberoi Realty stocks to trade ex-dividend
- Vedanta stock: Anil Aggarwal-led Vedanta got permission from BSE and NSE to split into six separate listed companies.
- Wipro Stock: MAHLE, a global automotive supplier, has chosen to transform its IT infrastructure with an innovative hybrid cloud solution, the company announced.
- Godrej Properties Stock: The company in Q1 FY25 posted Rs. 520.05 crores recorded the highest ever consolidated net profit, up from the Rs. 124.94 crores is significant.
- Adani Power Stock: The company reported a 55 per cent drop in its consolidated net profit in Q1FY25 to Rs 3,913 crore, compared to Rs 8,759 crore in Q1FY24.
- Mankind Pharma Stock: The pharma major reported a net profit of Rs 543 crore in Q1 FY25, up 9.9 per cent year-on-year from Rs 494 crore in the same period last year.