Stocks to Watch Today: Kotak Bank, CDSL, Balkrishna Ind, Orient Cement, Tata Chemicals, Poonawalla Fincorp, VA Tech Wabag, RITES in focus on 28 July- Grow Mudra

Stocks to Watch Today: Kotak Bank, CDSL, Balkrishna Ind, Orient Cement, Tata Chemicals, Poonawalla Fincorp, VA Tech Wabag, RITES in focus on 28 July

28 Jul , 2025 By : Debdeep Gupta

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

Results Today

IndusInd Bank, Bharat Electronics, Adani Green Energy, Adani Total Gas, Bajaj Healthcare, CarTrade Tech, Gail (India), JK Paper, KEC International, Mazagon Dock Shipbuilders, Motherson Sumi Wiring India, Nippon Life India Asset Management, NTPC Green Energy, Piramal Pharma, Quess Corp, RailTel Corporation of India, Torrent Pharmaceuticals, Vijaya Diagnostic Centre, and Waaree Energies will release quarterly earnings on July 28.

Quarterly Earnings

Kotak Mahindra Bank Q1 (Standalone YoY)

Profit tanks 47.5% to Rs 3,281.7 crore Vs Rs 6,249.8 crore

Net interest income grows 6.1% to Rs 7,259.3 crore Vs Rs 6,842.4 crore

Provisions and contingencies jump 108.8% to Rs 1,207.8 crore Vs Rs 578.5 crore

Exceptional item Nil Vs exceptional gain of Rs 3,519.9 crore

Gross NPA rises to 1.48% Vs 1.42% (QoQ)

Net NPA increases to 0.34% Vs 0.31% (QoQ)

Bank of Baroda Q1 (Standalone YoY)

Profit rises 1.9% to Rs 4,541.4 crore Vs Rs 4,458.2 crore

Net interest income falls 1.4% to Rs 11,434.8 crore Vs Rs 11,600 crore

Provisions and contingencies jump to Rs 1,967 crore Vs Rs 1,010.7 crore

Gross NPA increases to 2.28% Vs 2.26% (QoQ)

Net NPA rises to 0.6% Vs 0.58% (QoQ)

IDFC First Bank Q1 (Standalone YoY)

Profit sinks 32% to Rs 462.6 crore Vs Rs 680.7 crore

Net interest income grows 5.1% to Rs 4,933.1 crore Vs Rs 4,695 crore

Provisions and contingencies zoom 66.8% to Rs 1,659.1 crore Vs Rs 994.4 crore

Gross NPA jumps to 1.97% Vs 1.87% (QoQ)

Net NPA rises to 0.55% Vs 0.53% (QoQ)

Central Depository Services (CDSL) Q1 (Consolidated YoY)

Profit declines 23.7% to Rs 102.4 crore Vs Rs 134.2 crore

Revenue increases 0.6% to Rs 258.8 crore Vs Rs 257.4 crore

Balkrishna Industries Q1 (Consolidated YoY)

Profit plunges 41.2% to Rs 288.3 crore Vs Rs 490 crore

Revenue rises 1.7% to Rs 2,760 crore Vs Rs 2,714.5 crore

Whirlpool of India Q1 (Consolidated YoY)

Profit increases 0.6% to Rs 146.1 crore Vs Rs 145.3 crore

Revenue declines 2.6% to Rs 2,432.3 crore Vs Rs 2,496.9 crore

Jain Irrigation Systems Q1 (Consolidated YoY)

Profit grows 2.5% to Rs 13.9 crore Vs Rs 13.6 crore

Revenue rises 4.6% to Rs 1,545.7 crore Vs Rs 1,477.9 crore

Jammu & Kashmir Bank Q1 (Standalone YoY)

Profit jumps 16.7% to Rs 484.8 crore Vs Rs 415.5 crore

Net interest income grows 7% to Rs 1,465.5 crore Vs Rs 1,369.2 crore

Gross NPA climbs to 3.50% Vs 3.37% (QoQ)

Net NPA rises to 0.82% Vs 0.79% (QoQ)

Steel Authority of India Q1 (Consolidated YoY)

Profit zooms over 9-fold to Rs 744.6 crore Vs Rs 81.8 crore

Revenue grows 8% to Rs 25,921.8 crore Vs Rs 23,997.8 crore

Orient Cement Q1 (YoY)

Profit spikes 459.4% to Rs 205.4 crore Vs Rs 36.7 crore

Revenue increases 24.4% to Rs 866.5 crore Vs Rs 696.3 crore

RPG Life Sciences Q1 (YoY)

Profit falls 1.8% to Rs 26.3 crore Vs Rs 26.8 crore

Revenue rises 2.1% to Rs 168.9 crore Vs Rs 165.4 crore

Petronet LNG Q1 (Consolidated YoY)

Profit plunges 23.8% to Rs 841.9 crore Vs Rs 1,105.5 crore

Revenue declines 11.4% to Rs 11,879.9 crore Vs Rs 13,415.1 crore

Prataap Snacks Q1 (YoY)

Profit sinks 93.7% to Rs 0.7 crore Vs Rs 9.4 crore

Revenue drops 2.5% to Rs 411 crore Vs Rs 421.4 crore

Tamilnad Mercantile Bank Q1 (YoY)

Profit rises 6.1% to Rs 304.9 crore Vs Rs 287.3 crore

Net interest income increases 2.3% to Rs 579.6 crore Vs Rs 566.6 crore

Gross NPA falls to 1.22% Vs 1.25% (QoQ)

Net NPA declines to 0.33% Vs 0.36% (QoQ)

Sobha Q1 (Consolidated YoY)

Profit zooms 125% to Rs 13.6 crore Vs rs 6.1 crore

Revenue grows 33% to Rs 851.9 crore Vs Rs 640.4 crore

Tata Chemicals Q1 (Consolidated YoY)

Profit soars 87% to Rs 252 crore Vs Rs 135 crore

Revenue declines 1.8% to Rs 3,719 crore Vs Rs 3,789 crore

SBI Cards and Payment Services Q1 (YoY)

Profit drops 6.5% to Rs 556 crore Vs Rs 594.5 crore

Net interest income grows 13.8% to Rs 1,680.3 crore Vs Rs 1,476.5 crore

Gujarat Mineral Development Corporation Q1 (Consolidated YoY)

Profit declines 11% to Rs 163.8 crore Vs Rs 184 crore

Revenue falls 10.5% to Rs 732.6 crore Vs Rs 818.1 crore

Aadhar Housing Finance Q1 (Standalone YoY)

Profit jumps 18.6% to Rs 237.3 crore Vs Rs 200.1 crore

Net interest income grows 21.6% to Rs 428.2 crore Vs Rs 352.1 crore

Poonawalla Fincorp Q1 (Standalone YoY)

Profit plunges 78.5% to Rs 62.6 crore Vs Rs 291.6 crore

Net interest income grows 11% to Rs 639.3 crore Vs Rs 576.1 crore

Impairment on financial instruments zooms 467.4% to Rs 241.1 crore Vs Rs 42.5 crore

Home First Finance Company India Q1 (YoY)

Profit zooms 35.5% to Rs 118.9 crore Vs Rs 87.8 crore

Net interest income grows 32.6% to Rs 194.1 crore Vs Rs 146.4 crore

Sigachi Industries Q1 (Consolidated YoY)

Loss stands at Rs 100.4 crore Vs profit of Rs 13.2 crore

Revenue jumps 34% to Rs 128.2 crore Vs Rs 95.7 crore

Exceptional loss at Rs 121 crore Vs Nil

Schaeffler India Q1 (Consolidated YoY)

Profit grows 17% to Rs 287.1 crore Vs Rs 245.5 crore

Revenue rises 11.7% to Rs 2,352.6 crore Vs Rs 2,106.8 crore

Stocks to Watch

Alembic Pharmaceuticals

The company has received final approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Carbamazepine extended-release tablets. These tablets are used as an anticonvulsant drug and for the treatment of pain associated with true trigeminal neuralgia. Carbamazepine had an estimated market size of $71 million for the twelve months ending March 2025, according to IQVIA.

VA Tech Wabag

The company has secured a Rs 380 crore order from the Bangalore Water Supply and Sewerage Board (BWSSB), which is funded by the World Bank. The order involves the design, engineering, construction, and commissioning of wastewater treatment plants with tertiary treatment facilities, biogas generation, solar sludge drying beds, and intermediate pumping stations, along with associated piping works.

RITES

The company has received a Letter of Intent from Bharat Electronics (BEL) for a project worth Rs 177.2 crore. The project involves the design, project management consultancy (PMC) services, and construction of a mass manufacturing facility for EM SBU at BEL – Palasamudram (Andhra Pradesh).

Dr Reddy's Laboratories

The company has made an investment of Rs 565.4 crore in its step-down wholly-owned subsidiary, Dr Reddy’s Laboratories LLC, Russia, for a 45.19% equity stake.

IndusInd Bank

Zubin Mody has resigned as Chief Human Resources Officer and Senior Management Personnel of the bank, effective October 24, to pursue new opportunities outside the organization.

Additionally, the Reserve Bank of India (RBI) has granted approval for the extension of the tenure of the Committee of Executives for one month, effective July 29, or until a new MD & CEO is appointed and assumes charge, whichever is earlier.

JSW Energy

The National Company Law Tribunal (NCLT), Hyderabad, has allowed the withdrawal of the application for the corporate insolvency resolution process for KSK Water Infrastructures under the Insolvency and Bankruptcy Code. The company will be taking necessary steps to implement the settlement plan.

Concord Biotech

The company announced the successful completion of the Russian GMP (Good Manufacturing Practice) inspection at its Active Pharmaceutical Ingredient (API) manufacturing facility in Dholka, Gujarat. The inspection was conducted during July 22–25.

Ola Electric Mobility

The Board has approved the proposed variation in the objects or terms of utilisation of the initial public offering (IPO) proceeds and the extension of the time limit for their utilisation. This is subject to the receipt of shareholders’ approval.

Bulk Deals

Dodla Dairy

Promoter Bommi Surekha Reddy sold 4.65 lakh shares at Rs 1,280.68 per share.

Authum Investment & Infrastructure

Fidelity Securities Fund: Fidelity Blue Chip Growth Fund bought 22.67 lakh shares, and Goldman Sachs (Singapore) Pte acquired 8.89 lakh shares at Rs 2,250 per share. However, promoter Mentor Capital sold 58 lakh shares at Rs 2,253.57 per share.

Block Deals

Jindal Poly Films

First Water Fund bought 1.88 lakh shares at Rs 600 per share from Haresh Tikamdas Kaswani.

Polyplex Corporation

First Water Fund acquired 2.23 lakh shares at Rs 1,120 per share from Haresh Tikamdas Kaswani.

SME Listing on July 28

Swastika Castal

Savy Infra & Logistics

Stocks Trade Ex-Dividend

Wipro

DLF

Cosmo First