In the previous trading session, benchmark indices traded cautiously as investors monitored quarterly earnings, corporate developments and global market cues.
Market participants are expected to keep a close watch on company-specific announcements, including financial results, strategic partnerships, project wins and business updates that could influence stock-specific movement during today's trading session.
TCS reported a steady performance for the first quarter. Consolidated net profit increased 4.6% year-on-year to ₹13,349 crore, while revenue rose 13.9% to ₹72,275 crore. EBIT grew 11.6% to ₹17,317 crore, although the EBIT margin eased to 23.95% from 24.45% a year earlier. The board also announced an interim dividend of ₹12 per share.
Anand Rathi Wealth posted strong quarterly earnings, with consolidated net profit surging 73.6% year-on-year to ₹163 crore. Revenue increased 17.5% to ₹322 crore, while other income jumped significantly to ₹110.3 crore, supporting overall profitability.
Muthoot Microfin reported healthy business growth during the quarter. Assets under management (AUM) increased 18% year-on-year to ₹14,457 crore, disbursements climbed 49% to ₹2,645 crore and collection efficiency improved to 97.97%.
Dixon Technologies executed a joint venture agreement with Vivo Mobile India to establish a new original equipment manufacturer (OEM) for electronic devices, including smartphones. Dixon will hold a 51% stake in the venture, while Vivo Mobile India will own the remaining 49%.
Vikram Solar entered into a solar cell supply agreement with Evervolt Solar Technology India to procure Mono-PERC 10BB DCR-compliant solar cells with an aggregate capacity of 130 MW, strengthening its solar manufacturing capabilities.
Power Grid received the Letter of Intent after emerging as the successful bidder for an inter-state transmission system project involving augmentation and bay extension works at Bhadla-III, Ramgarh PS and Kanpur on a build, own, operate and transfer (BOOT) basis.
Havells India announced a strategic collaboration with Norway-based Pixii AS to develop and introduce advanced Battery Energy Storage Systems (BESS) for the Indian market, enhancing its presence in the clean energy solutions segment.
Torrent Pharmaceuticals initiated a voluntary precautionary recall of select batches of Semalix injection disposable pens following a product recall notification issued by the manufacturer. The company stated that there is no risk to patients currently undergoing treatment and that all other Semaglutide products remain unaffected.
Container Corporation of India signed an agreement with GAIL (India) to establish a Liquefied Natural Gas (LNG) dispensing station at CONCOR's Inland Container Depot in Khodiyar, Ahmedabad, supporting cleaner fuel adoption in logistics operations.
Pace Digitek's subsidiary, Lineage Power, signed two strategic Memoranda of Understanding (MoUs) with Onward Solar Power and Kalpa Power for the supply of Battery Energy Storage Systems (BESS), strengthening its position in the energy storage segment.
Premier Energies inaugurated its new 5.6 GW solar module manufacturing facility in Telangana. The company also conducted the ground-breaking ceremony for a 6 GWh Battery Energy Storage System facility and an aluminium frame manufacturing unit with an annual capacity of 18,000 metric tonnes.
Great Eastern Shipping took delivery of the Long Range 2 tanker Jag Laxman with a deadweight tonnage of approximately 109,990. The acquisition was funded entirely through internal accruals, taking the company's owned fleet to 41 vessels with capacity utilisation remaining close to 100%.
Read More: ADB Lowers India's FY27 Growth Forecast to 6.6% Amid Rising Oil Prices!
Quarterly earnings, strategic joint ventures, renewable energy investments, infrastructure project wins and business expansion initiatives are expected 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 10, 2026, 7:41 AM IST
Team Angel One
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