Journalism of Courage
This is an archive article published on July 23, 2025
Stocks to Watch on Thursday, July 24: Dr Reddy’s Laboratories, Infosys, Tata Consumer, RattanIndia Power, Westlife Foodworld and more
Stocks to Watch: Shares of several companies will remain in focus on Thursday (July 24) including Dr Reddy's Laboratories, Infosys, Tata Consumer, RattanIndia Power, and Westlife Foodworld, among others.
The 30-share BSE Sensex jumped 539.83 points or 0.66 per cent to settle at 82,726.64. (Express Photo/File)
Stocks to Watch: Shares of several companies will remain in focus on Thursday (July 24) including Dr Reddy’s Laboratories, Infosys, Tata Consumer, RattanIndia Power, and Westlife Foodworld, among others. On Thursday, benchmark Sensex jumped nearly 540 points while Nifty closed above the 25,200 level on heavy buying in banking giants and oil shares and a positive trend in Asian markets after Japan secured a trade deal with the US.
The 30-share BSE Sensex jumped 539.83 points or 0.66 per cent to settle at 82,726.64. During the day, it surged 599.62 points or 0.72 per cent to 82,786.43. The 50-share NSE Nifty gained 159 points or 0.63 per cent to settle at 25,219.90 as 37 of its constituents advanced and 13 declined.
Among Sensex firms, Tata Motors rose the most by 2.51 per cent. Bharti Airtel, Bajaj Finance, Maruti, Bajaj Finserv, ICICI Bank, HDFC Bank and Reliance Industries were also the major gainers.
Dr Reddy’s Laboratories
Dr Reddy’s Laboratories reported a marginal increase in consolidated net profit to Rs 1,410 crore in the June quarter, aided by sustained growth in Europe and India. The Hyderabad-based drug major posted a net profit of Rs 1,392 crore in the year-ago period. Consolidated revenue rose 11 per cent to Rs 8,545 crore in the period under review from Rs 7,673 crore a year earlier.
Infosys
Infosys Ltd reported an 8.7 per cent rise in its June quarter net profit and narrowed its full-year revenue forecast after stronger-than-expected earnings growth. Consolidated net profit of Rs 6,921 crore in April-June – the first quarter of 2025-26 fiscal year – compared with Rs 6,368 crore earnings in the same period a year back, according to a company statement.
Tata Consumer Products Ltd
FMCG major Tata Consumer Products Ltd (TCPL) on Wednesday reported a 14.7 per cent increase in consolidated net profit to Rs 331.75 crore in the June quarter, led by growth from its core India business. The company had posted a consolidated net profit of Rs 289.25 crore in the year-ago period, according to a regulatory filing from TCPL, the Tata Group FMCG arm. Its revenue from operations rose 9.8 per cent to Rs 4,778.91 crore during the quarter under review. It was at Rs 4,352.07 crore in the year-ago period.
PCBL Chemical
The RP-Sanjiv Goenka Group company — PCBL Chemical Ltd reported a 19.7 per cent year-on-year decline in consolidated net profit to Rs 94 crore for the quarter ended June 30, 2025, compared to Rs 117.9 crore in the same period last year. Revenue from operations was lower marginally at Rs 2,114 crore for the period, against Rs 2,143 crore, the company said in a stock exchange filing.
Story continues below this ad
MAS Financial Services
NBFC firm MAS Financial Services on Wednesday reported a 19 per cent increase in its net profit to Rs 84 crore in the first quarter ended June 2025. The company had earned a net profit of Rs 70 crore in the same quarter of the previous year. The NBFC’s total income in the quarter grew to Rs 444 crore from Rs 347 crore in the corresponding quarter of the previous fiscal year, MAS Financial Services said in a regulatory filing.
RattanIndia Power
RattanIndia Power on Wednesday reported a consolidated net loss of Rs 13.41 crore in June quarter mainly due to lower revenues. The company had reported a consolidated net profit of Rs 93 crore in the year-ago period, as per a BSE filing.
Westlife Foodworld
Westlife Foodworld, operator of McDonald’s restaurants in West and South India, on Wednesday reported a decline of 62.5 per cent in its consolidated net profit to Rs 1.22 crore in the June quarter. The company had reported a consolidated net profit of Rs 3.25 crore in the April-June quarter a year ago, according to a regulatory filing from Westlife Foodworld. However, its sale rose 6.45 per cent to Rs 653.25 crore in the June quarter of FY26. In the year-ago period, the same stood at Rs 613.64 crore.
Sapphire Foods
Sapphire Foods India, the franchisee operator for YUM Brands’ QSR chains KFC and Pizza Hut, reported a consolidated loss of Rs 1.73 crore for the June quarter. The company had posted a consolidated net profit of Rs 8.18 crore in the same quarter a year ago, according to a regulatory filing by Sapphire Foods India, which operates in India and Sri Lanka. Its consolidated revenue from operations rose 8.14 per cent to Rs 776.82 crore in the June quarter, up from Rs 718.28 crore in the year-ago period, it added. The company’s total expenses increased 10.35 per cent to Rs 785.45 crore during the quarter.
Story continues below this ad
Aditya Birla Real Estate
Aditya Birla Real Estate Ltd (ABREL) on Wednesday reported a consolidated net loss of Rs 27.08 crore for the first quarter of this fiscal. The company had posted a net profit of Rs 17.35 crore in the year-ago period. Total income also declined to Rs 157.41 crore during the April-June period of FY26 from Rs 365.24 crore in the corresponding period of the preceding year, according to a regulatory filing.
(With inputs from PTI)
© IE Online Media Services Pvt Ltd
Advertisement
Loading Recommendations...
Advertisement
Live Blog
Advertisement