HDFC Bank, Just Dial, Tata Power and other top stocks to watch out for on July 19

Jul 19, 2021

By: Rounak Jain

Credit: BCCL

HDFC Bank

Its June 2021 quarter net profit jumped by 16 percent to ₹7,730 crore from ₹6,659 crore a year ago. Net interest income grew by nearly 9 percent to ₹17,009 crore, year-on-year.

Credit: BCCL

Just Dial

Reliance Retail Ventures has acquired a controlling stake in Just Dial for ₹3,497 crore.

Credit: Just Dial

Tata Power

Partnered with HPCL to set up electric vehicle charging stations across the country at HPCL petrol pumps.

Credit: Tata Power

Earnings today

HCL Technologies, HDFC Life Insurance, Alok Industries, ACC, Indian Bank, Nippon Life India Asset Management, Supreme Petrochem, GTPL Hathway, Mastek, Swaraj Engines.

Credit: Pixabay

IPO Watch

Zomato IPO was oversubscribed 40 times. Tatva Chintan Pharma Chemicals was oversubscribed 4.5 times on day one. GR Infraprojects, Clean Science and Technology to debut on the bourses today.

Credit: Flickr

LIC Housing Finance

Its proposal for a preferential allotment of shares to its parent company, LIC, is currently under examination.

Credit: LIC Housing Finance

Rossari Biotech

To acquire Tristar Intermediaries for ₹120 crore.

Credit: Rossari Biotech

United Spirits

The recovery officer of the Debt Recovery Tribunal sold 1.13 crore shares worth ₹716 crore, on the BSE.

Credit: United Spirits

Shree Cement

Its FY21 revenue growth stood at 5.7 percent, with the majority of it coming in the second half, where it registered a revenue growth of 35.4 percent when compared to the first half. It plans to achieve 80 million tonne annual capacity by 2030.

Credit: Shree Cement

Bank of Maharashtra

Closed its offer for qualified institutional placement after raising ₹404 crore.

Credit: Bank of Maharashtra

Wipro, L&T Infotech, Tata Motors and other top stocks to watch out for on July 16