Business

Indigo to Nestle India: Stocks to watch out on July 26

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Adani Green Energy

The billionaire Gautam Adani-led ports-to-power business reported that its Q1FY25 profit nearly doubled year on year, driven by robust energy sales and improved operating capacity. 

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Canara Bank

The Bengaluru-based public-sector lender's net profit in Q1FY25 increased by 10.5% year on year to Rs 3,905 crore, boosted by non-interest income such as fees and recoveries. 

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Indus Tower

Indus Tower has stated that its board of directors will meet on July 30, 2024, to discuss a proposal for the buyback of fully paid-up equity shares in the firm.

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IndiGo

The airline will announce its Q1FY25 results on July 26th, following obstacles such as the roof collapse at Delhi airport and the global outage of Microsoft services. 

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Nestle India

Nestle India reported a 7% increase in net profit to Rs 746.6 crore in Q1FY25, while revenue increased 3.3% to Rs 4,814 crore. 

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Axis Bank

Axis Bank's Q1FY25 results were mixed, with a net profit of Rs 6,035 crore, up from Rs 3,452 crore last year but 15% lower sequentially. 

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