16 Jul , 2026 By : Debdeep Gupta
Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, appointments, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:
Results Today
Wipro, Tech Mahindra, Jio Financial Services, ITC Hotels, 360 ONE WAM, 5paisa Capital, Bharat Heavy Electricals, Ceat, Muthoot Capital Services, Piramal Finance, Polycab India, South Indian Bank, Sterling and Wilson Renewable Energy, and WeWork India Management will announce their quarterly earnings today.
Quarterly Earnings
HDFC Life Insurance Company Q1 (Standalone YoY)
New busines premium grows 12% to Rs 8,143 crore Vs Rs 7,272 crore
Annual Premium Equivalent (APE) jumps 9% to Rs 3,515 crore Vs Rs 3,225 crore
Retail APE soars 7% to Rs 2,969 crore Vs Rs 2,777 crore
Value of new business (VNB) rises 9% to Rs 879 crore Vs Rs 809 crore
VNB margin drops to 25% Vs 25.1%
ICICI Lombard General Insurance Company Q1 (YoY)
Profit tanks 46% to Rs 403.2 crore Vs Rs 747.1 crore
Net premium earned jumps 15.8% to Rs 5,950 crore Vs Rs 5,136.1 crore
Net commission soars 32.9% to Rs 1,250.2 crore Vs Rs 940.8 crore
Operating profit sinks 64.3% to Rs 233.8 crore Vs Rs 654.1 crore
Underwriting loss widens to Rs 629.88 crore Vs Rs 293.14 crore
Network18 Media & Investments Q1 (Consolidated YoY)
Operating revenue jumps 10.3% to Rs 516 crore Vs Rs 468 crore
EBITDA zooms to Rs 8 crore Vs Rs 4 crore
EBITDA margin expands to 1.5% Vs 0.9%
GTPL Hathway Q1 (Consolidated YoY)
Profit tanks 78% to Rs 2.3 crore Vs Rs 10.6 crore
Revenue grows 12.4% to Rs 1,015.4 crore Vs Rs 903.7 crore
HDB Financial Services Q1 (YoY)
Profit zooms 38.3% to Rs 785 crore Vs Rs 568 crore
Net interest income soars 20% to Rs 2,509 crore Vs Rs 2,092 crore
Angel One Q1 (Consolidated YoY)
Profit zooms 102.2% to Rs 231.4 crore Vs Rs 114.5 crore
Revenue grows 25.4% to Rs 1,429.7 crore Vs Rs 1,140.5 crore
Sai Silks (Kalamandir) Q1 (YoY)
Profit declines 14.7% to Rs 25.6 crore Vs Rs 30.1 crore
Revenue falls 1% to Rs 375.1 crore Vs Rs 379 crore
Mangalore Refinery and Petrochemicals Q1 (Consolidated YoY)
Profit stands at Rs 945.7 crore Vs loss of Rs 270.7 crore
Revenue zooms 120.4% to Rs 38,254.2 crore Vs Rs 17,356.7 crore
Jana Small Finance Bank Q1 (YoY)
Profit jumps 52% to Rs 155 crore Vs Rs 102 crore
Net interest income grows 33.4% to Rs 782 crore Vs Rs 586 crore
Gross NPA falls to 2.39% Vs 2.46% (QoQ)
Net NPA drops to 0.91% Vs 0.92% (QoQ)
Himadri Speciality Chemical Q1 (Consolidated YoY)
Profit grows 26.3% to Rs 229.5 crore Vs Rs 181.7 crore
Revenue increases 28% to Rs 1,431.9 crore Vs Rs 1,118.3 crore
Monthly Business Update
GMR Airports (June YoY)
Passenger traffic down 0.3%
Domestic passenger traffic falls 0.4%
International passenger traffic grows 0.1%
Aircraft movements decline 2.4%
Stocks to Watch
State Bank of India
Sunil Ramgopal Agrawal has joined the bank as Chief Financial Officer (Designate) with effect from July 15. He will become a key managerial personnel of the bank upon assuming charge as Chief Financial Officer with effect from August 1.
Ather Energy
The board has approved the allotment of 76.19 lakh convertible warrants to Hero MotoCorp on a preferential basis at an issue price of Rs 1,260 per warrant, aggregating Rs 960 crore.
Meanwhile, Ather Energy has launched its qualified institutions placement (QIP) issue on July 15 and fixed the floor price at Rs 1,169.70 per share. The company may offer a discount of up to 5 percent on the floor price.
The floor price for the proposed preferential issue of equity shares to India-Japan Fund, a qualified institutional buyer (QIB), is Rs 1,175.74 per equity share, while the approved issue price is Rs 1,230 per share, which is Rs 54.26 higher than the floor price.
The floor price for the proposed preferential issue of warrants to Hero MotoCorp, and the company's promoters, Tarun Sanjay Mehta and Swapnil Babanlal Jain, is Rs 1,175.74 per share (upon conversion), while the approved issue price is Rs 1,260 per share, which is Rs 84.26 higher than the floor price.
Adani Power
The company has signed a 25-year Power Supply Agreement (PSA) with Maharashtra State Electricity Distribution Company (MSEDCL) for the long-term supply of 1,600 MW of power from a 2x800 MW ultra-supercritical thermal power plant to be established under the Design, Build, Finance, Own and Operate (DBFOO) model.
The coal linkage for the power plant has been allocated under the Government of India's SHAKTI Policy.
India Pesticides
The company has received Technical Equivalence (TEQ) approval in the European Union (EU) for one of its fungicide products.
The approval is expected to strengthen the company's export business by enhancing its access to the European market.
HDFC Bank
The Reserve Bank of India has approved the appointment of Rajiv Kumar as the Part-Time Chairman of HDFC Bank for a period of three years with effect from July 15.
Keki Mistry will continue as a Non-Executive, Non-Independent Director of the bank.
NTPC Green Energy
Ayana Renewable Power, a wholly owned subsidiary of ONGC NTPC Green Private Limited, has emerged as the successful bidder in the e-reverse auction conducted by the Solar Energy Corporation of India (SECI).
The tender was floated for the selection of wind power developers to set up 2,000 MW of ISTS-connected wind power projects in India under tariff-based competitive bidding. Ayana secured a capacity of 50 MW at a tariff of Rs 3.85 per kWh.
Exide Industries
The company has invested Rs 100 crore in its subsidiary, Exide Energy Solutions (EESL), through a rights issue. With this investment, Exide Industries' total investment in EESL has increased to Rs 4,902.23 crore.
There will be no change in the company's shareholding percentage in EESL following the investment.
The board of directors of Exide Industries, in January 2026, had approved an additional investment of up to Rs 1,400 crore in Exide Energy Solutions towards setting up a greenfield multi-gigawatt lithium-ion cell manufacturing facility in India, in one or more tranches.
TVS Holdings
Home Credit India, a subsidiary of TVS Holdings, has executed a Share Purchase Agreement to acquire a 100 percent stake in Varthana Finance for Rs 967 crore.
Bulk Deals
Mrs Bectors Food Specialities
Abakkus Investment Managers has acquired 29.39 lakh shares, representing a 0.95 percent stake, in Mrs Bectors Food Specialities for Rs 49.67 crore at a price of Rs 168.97 per share.
One Mobikwik Systems
Foreign investor FLC Investco LLC sold 7.12 lakh shares, representing a 0.9 percent stake, in One Mobikwik Systems for Rs 16.52 crore. The shares were sold at Rs 232.02 per share.
According to the March 2026 shareholding pattern, FLC Investco held a 1.16 percent stake, or 9.15 lakh shares, in Mobikwik.
Safety Controls & Devices
Ahmedabad-based VBCube Ventures, through its two schemes, sold a 1.27 percent stake in Safety Controls & Devices for Rs 1.88 crore.
VBCube Ventures Fund and VBCube Ventures Fund II each offloaded 1.26 lakh shares at Rs 74.65 and Rs 74.60 per share, respectively.
According to the latest shareholding pattern dated April 10, 2026, both funds each held a 1.27 percent stake, or 2.51 lakh shares, in Safety Controls & Devices.
Jupiter Life Line Hospitals
HDFC Mutual Fund purchased 9.37 lakh shares, representing a 1.42 percent stake, in Jupiter Life Line Hospitals for Rs 139 crore at Rs 1,483.50 per share.
The shares were sold by two non-institutional investors. Mitul Nitin Thakker offloaded 6 lakh shares worth Rs 89.01 crore, while Arvind Rao Kamini sold 3.37 lakh shares worth Rs 49.99 crore.
According to the March 2026 shareholding pattern, Thakker held a 1.22 percent stake, or 7.99 lakh shares, in the company, while Kamini owned a 1.63 percent stake, or 10.66 lakh shares.
TCI Express
Nippon India Mutual Fund acquired 5 lakh shares, representing a 1.3 percent stake, in TCI Express from HDFC Mutual Fund for Rs 28.1 crore. The transaction was executed at Rs 562 per share.
According to the March 2026 shareholding pattern, HDFC AMC, through its Large and Mid Cap Fund, held a 4.04 percent stake in TCI Express, while Nippon Life India Trustee, through the Nippon India Multi Cap Fund, owned a 3.02 percent stake.
Mainboard Listing
Laser Power & Infra
SME Listing
Devson Catalyst
Happy Steels
Stocks Trade Ex-Dividend
Canara Robeco Asset Management Company
Ador Welding
B&A Packaging India
Benares Hotels
Coromandel International
Craftsman Automation
GRP
Weizmann
Windlas Biotech
Stock Trades Ex-Date for Bonus
Fredun Pharmaceuticals
Stocks Trade Ex-Date for Income Distribution
PropShare Celestia
Propshare Platina
Propshare Titania SM REIT
Stock in F&O Ban
Kaynes Technology India
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