Reliance Industries, ICICI Bank, ITC, and other top stocks to watch out for on July 26

Jul 26, 2021

By: Rounak Jain

Credit: BCCL

Reliance Industries

Reported net profit of ₹12,273 crore in the June 2021 quarter, down by 7.25 percent against ₹13,233 crore a year ago. Revenue stood at ₹1,44,372 crore as against ₹91,238 crore, year-on-year.

Credit: BCCL

Reliance Jio

Added 42 million subscribers in the June quarter. Net profit up at ₹3,651 crore against ₹3,508 crore in the quarter before. Revenue up at ₹22,267 crore as against ₹18,278 crore, quarter-on-quarter.

Credit: Reliance Jio

ICICI Bank

Its June 2021 quarter net profit jumped by 78 percent to ₹4,616 crore as against ₹2,599 crore a year ago. Net interest income rose by 18 percent to ₹10,936 crore in the same period. Net non-performing assets increased marginally to 1.16 percent.

Credit: BCCL

ITC

Net profit rose by 30 percent to ₹3,343 crore in the June 2021 quarter versus ₹2,567 crore a year ago. Revenue surged by 36 percent to ₹14,240 crore, year-on-year.

Credit: ITC

Earnings today

Larsen & Toubro, Axis Bank, Tata Motors, Kotak Mahindra Bank, SBI Life Insurance, Vedanta, Apollo Pipes, Mahindra & Mahindra Financial Services, Glaxosmithkline Pharmaceuticals, Jindal Stainless, Zensar Technologies, among others.

Credit: Pixabay

JSW Steel

Reported a net profit of ₹5,900 crore in the June 2021 quarter as against a loss of ₹582 crore a year ago. Revenue increased more than two times to ₹28,902 crore from ₹11,782 crore, year-on-year.

Credit: JSW Steel

SBI Cards and Payment Services

Its June 2021 quarter net profit fell by 22 percent to ₹305 crore from ₹393 crore, year-on-year. Revenue increased to ₹2,451 crore from ₹2,196 crore in the same period.

Credit: SBI Cards and Payment Services

Yes Bank

Its net profit in the June 2021 quarter increased by over four times to ₹207 crore from ₹45 crore, year-on-year. Net interest income declined by 27 percent to ₹1,402 crore in the same period.

Credit: BCCL

United Spirits

It came back in the black in the June 2021 quarter with a net profit of ₹69 crore as against a loss of ₹215 crore a year ago. Revenue jumped by 60 percent to ₹1,615 crore in the same period.

Credit: United Spirits

IndusInd Bank

Its board has approved a fundraise of ₹30,000 crore via debt and equity by a qualified institutional placement, American Depository Receipts and Global Depository Receipts.

Credit: BCCL

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