Business

Wipro to HDFC Bank: Stocks to watch on July 22

Image credits: Freepik

Reliance Industries

Last Friday, after market hours, Mukesh Ambani-owned Reliance Industries Limited reported a 5.5% year-on-year (Y-o-Y) fall in consolidated profit to Rs 15,138 crore in Q1FY25.

Image credits: Freepik

HDFC Bank

HDFC Bank reported a 35% year-on-year increase in net profit to Rs 16,175 crore for the June quarter, exceeding Bloomberg's consensus net profit forecast of Rs 15,652.

Image credits: freepik

Wipro

Last Friday, IT firm Wipro posted a Q1FY25 net profit of Rs 3,036.6 crore, up 5.2% year on year and 6.2% quarter on quarter. It outperformed Bloomberg forecasts of Rs 2,931 crore.

Image credits: freepik

Kotak Mahindra Bank

Kotak Mahindra Bank recorded a consolidated net profit of Rs 7,448 crore and they earned from selling a 70% interest in Kotak General Insurance Company to Zurich Insurance Group.

Image credits: Freepik

YES Bank

YES Bank's net profit for Q1FY25 increased by 46.7% to Rs 502 crore, thanks to strong net interest income (NII) growth and reduced provisions.

Image credits: freepik

Vedanta

The mining group founded by Anil Agarwal has raised Rs 8,500 crore through the QIP route, according to an exchange filing.

Image credits: Getty

Kerala Gold Rate Today, July 22: Rate of 8 gm gold drops by Rs 80

Petrol, diesel FRESH prices announced: Check July 22 city-wise rates

Kolkata GOLD rate today, July 22: Price of 10 gm FALLS slightly

6 factors how the budget impacts stock market in India