In the previous trading session, benchmark indices traded cautiously as investors assessed quarterly earnings, corporate announcements and broader market sentiment.
Market participants are expected to closely monitor earnings, regulatory developments, project awards and strategic business updates that could influence stock-specific movements during today's trading session.
Reliance Industries reported a 6.1% year-on-year increase in consolidated net profit to ₹23,196 crore for the first quarter, while gross revenue rose 24.5% to ₹3.4 lakh crore. EBITDA increased 10.1% to ₹54,067 crore, although the EBITDA margin moderated to 15.9% from 18% a year earlier. Jio Platforms also posted healthy quarterly growth, with profit rising 9.2% and revenue increasing 11.8%, supported by improved average revenue per user (ARPU).
HDFC Bank posted a 5% year-on-year rise in standalone net profit to ₹19,059.7 crore. Net interest income increased 6.7% to ₹33,534 crore, while provisions and contingencies declined sharply by 78.8%. Gross non-performing assets (NPA) stood at 1.17%, while net NPA increased marginally to 0.41% on a quarter-on-quarter basis.
ICICI Bank reported a strong quarterly performance with standalone net profit rising 15.9% year-on-year to ₹14,804.5 crore. Net interest income grew 12.7% to ₹24,384.4 crore, while provisions and contingencies declined 30.5%. Gross NPA improved to 1.38%, reflecting continued asset quality stability.
RBL Bank recorded a 27% year-on-year increase in standalone net profit to ₹254 crore. Net interest income grew 12% to ₹1,654 crore, while gross NPA improved to 1.30% and net NPA declined to 0.37%, indicating continued improvement in asset quality.
Poonawalla Fincorp delivered a sharp improvement in quarterly performance, with consolidated net profit surging 391.5% year-on-year to ₹307.7 crore. Net interest income climbed 87.2% to ₹1,196.8 crore, reflecting strong business growth despite higher impairment charges.
Oberoi Realty reported robust first-quarter earnings, with consolidated net profit increasing 29% year-on-year to ₹543.5 crore. Revenue rose 31.7% to ₹1,300.9 crore, supported by healthy demand across its real estate projects.
NATCO Pharma received tentative approval from the US Food and Drug Administration (USFDA) for Olaparib 100 mg and 150 mg tablets, a generic version of AstraZeneca's Lynparza. The company will manufacture the product, while Alembic Pharmaceuticals will market it in the United States. The reference product recorded estimated annual US sales of approximately $1.4 billion for the 12 months ended March 2026.
Cipla announced that the USFDA completed a routine cGMP inspection at its subsidiary InvaGen Pharmaceuticals' manufacturing facility in New York. The inspection concluded with one observation under Form 483, which the company is expected to address through standard regulatory procedures.
GAIL signed a Memorandum of Understanding with Khanij Bidesh India Limited (KABIL) to collaborate in the development of critical and strategic minerals. The partnership is aimed at strengthening India's long-term resource security.
Read More: HDFC Bank Q1 FY27 Results: Net Profit Rises 5% to ₹19,060 Crore; NII Grows 7%!
Power Grid Corporation was declared the successful bidder for the Fatehgarh-II Transmission Project, which includes the installation and commissioning of synchronous condensers along with associated transmission infrastructure.
Aditya Birla Capital invested ₹484.5 crore through a rights issue in Aditya Birla Sun Life Insurance, strengthening its investment in the life insurance business.
Sterlite Technologies launched its advanced FTTH solution, CONCAT, through its US subsidiary after successful field trials with one of the largest telecom service providers in the United States, highlighting its continued focus on broadband infrastructure innovation.
Samvardhana Motherson International received approval from the Japan Court to acquire an 81% stake in Yutaka Giken and an 11% stake in Shinnichi Kogyo, further strengthening its global automotive components portfolio.
The Central Consumer Protection Authority (CCPA) imposed a penalty of ₹1 lakh on SpiceJet for allegedly deploying deceptive design practices, commonly referred to as dark patterns, on its flight booking platform.
Turtlemint Fintech Solutions reported a turnaround in its quarterly performance, posting a net profit of ₹3.1 crore compared with a loss of ₹39.4 crore in the corresponding period last year. Revenue increased 42% year-on-year to ₹357.2 crore.
Quarterly earnings from major banking and financial companies, regulatory approvals, strategic investments and corporate developments are likely to drive stock-specific action in today's trading session.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all related documents carefully before investing.
Published on: Jul 20, 2026, 7:27 AM IST
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