Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, fund raising and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:

Results Today

Axis Bank, Wipro, Jio Financial Services, LTIMindtree, HDFC Asset Management Company, 360 ONE WAM, Alok Industries, Ceat, Clean Science and Technology, Indian Hotels Company, Nuvoco Vistas Corporation, Polycab India, Shoppers Stop, South Indian Bank, Sunteck Realty, Sterling and Wilson Renewable Energy, Tata Communications, and Waaree Renewable Technologies will release their quarterly earnings scorecard on July 17.

Quarterly Earnings

Tech Mahindra Q1 (Consolidated YoY)

Profit zooms 34% to Rs 1,140.6 crore Vs Rs 851.5 crore

Revenue grows 2.7% to Rs 13,351.2 crore Vs Rs 13,005.5 crore

EBIT soars 34% to Rs 1,477.1 crore Vs Rs 1,102.3 crore

Margin expands to 11.06% Vs 8.47%

Other income jumps 50.9% to Rs 218.3 crore Vs Rs 144.7 crore

Dollar revenue rises 0.3% to $1,564 million Vs $1,559 million

New deal wins at $809 million Vs $534 million

Angel One Q1 (Consolidated YoY)

Profit tanks 61% to Rs 114.5 crore Vs Rs 292.7 crore

Revenue declines 18.8% to Rs 1,140.5 crore Vs Rs 1,405.5 crore

L&T Technology Services Q1 (Consolidated YoY)

Profit rises 0.7% to Rs 315.7 crore Vs Rs 313.6 crore

Revenue grows 16.4% to Rs 2,866 crore Vs Rs 2,461.9 crore

EBIT falls 0.6% to Rs 381.3 crore Vs Rs 383.6 crore

Margin declines to 13.3% Vs 15.6%

Dollar revenue soars 13.6% to $335.3 million Vs $295.2 million

Company expects to clock double-digit growth in FY26

Le Travenues Technology-Ixigo Q1 (Consolidated YoY)

Profit zooms 27.5% to Rs 18.9 crore Vs Rs 14.9 crore

Revenue surges 72.9% to Rs 314.5 crore Vs Rs 181.9 crore

Business Update (June YoY)

GMR Airports

Passenger traffic grows 0.9% to 97.93 lakh

Domestic passenger traffic increases 2.9%

International passenger traffic jumps 4.6%

Aircraft movements rise 2.6% to 61,251

Stocks to Watch

Maruti Suzuki India

The company has announced the standardization of six airbags in the Ertiga and Baleno. This will result in an average ex-showroom price increase of 1.4% for the Ertiga and 0.5% for the Baleno, effective July 16.

State Bank of India

The Board of Directors of the bank has approved the launch of a Qualified Institutional Placement (QIP) issuance on July 16, with the floor price set at Rs 811.05 per share. This floor price is lower than the closing price of Rs 831.55 per share on Wednesday.

Godrej Properties

The real estate developer has announced its entry into Raipur through the acquisition of 50 acres of land. Development on this land will primarily consist of premium plotted residential units, offering an estimated saleable area of 9.5 lakh square feet.

Hindustan Zinc

The Ministry of Mines has issued a Letter of Intent to Hindustan Zinc, naming it the preferred bidder for the grant of a composite license through the e-auction of the Jhandawali–Satipura Amalgamated Potash and Halite block in Rajasthan. The block covers an extent of 1,841.25 hectares in the Hanumangarh district.

Zydus Lifesciences

The US Food and Drug Administration (USFDA) conducted a Remote Regulatory Assessment (RRA) at Zydus’ formulations manufacturing facility in Matoda, Gujarat, for the Prior Approval Supplement (PAS) of Atorvastatin Calcium Tablets USP (10 mg, 20 mg, 40 mg, and 80 mg). At closure, no observations were noted, and the site was recommended for approval.

Emcure Pharmaceuticals

Emcure has entered into an exclusive distribution and promotion agreement with Sanofi India for Sanofi’s oral anti-diabetic (OAD) drugs, including Amaryl and Cetapin, in India. The agreement is effective immediately.

JSW Hydro Energy (subsidiary of JSW Energy)

The Supreme Court has upheld Himachal Pradesh’s right to receive 18% of power free of cost generated by JSW Hydro Energy, as per the agreement. A bench comprising Justices P S Narasimha and Joymalya Bagchi set aside the Himachal Pradesh High Court's earlier ruling, which had reduced the free power supply to 13%. JSW Hydro Energy operates a 1,045 MW hydroelectric project at Karcham Wangtoo, Himachal Pradesh.

Mainboard IPO Listing on July 17

Smartworks Coworking Spaces

Stocks Trade Ex-Dividend

Coromandel International

Duncan Engineering

GHCL

Graphite India

Oriental Hotels

PDS

Stocks in F&O ban

Angel One

Hindustan Copper

Stocks out of F&O ban

Glenmark Pharma

RBL Bank