The Indian stock market is expected to open with a slight decline and a sluggish start today, Monday. The GIFT Nifty futures were trading at 25,172 around 7:13 AM, down 19 points. US markets also closed weakly on Friday. The S&P 500 fell by 0.33% and the Nasdaq by 0.22%. Asian markets showed a mixed trend. Japan's Nikkei was down, while Hong Kong and South Korea's markets showed slight gains.
Investors are now focusing on the corporate results and deals expected today. In particular, there could be activity in IT and railway sector stocks.
Results are also expected from these companies today
Today, companies like Benares Hotels, Den Networks, Ola Electric Mobility, Tejas Networks, and Sambhav Steel Tubes will also announce their Q1 results. Fluctuations in their stocks may be seen after these results.
Glenmark Pharma receives notice from USFDA
Glenmark Pharmaceuticals has received a warning letter from the US FDA regarding its Indore plant. The company states that this warning will not affect its current supply and revenue. Still, the news is expected to create some movement in the company's share.
Performance of Avenue Supermarts, the parent company of D-Mart
The company recorded a revenue of ₹15,932 crore in the April-June quarter, compared to ₹13,712 crore last year. However, the profit was ₹830 crore, and the margin decreased to 8.2%. Investors may be cautious about this decline.
HCL Tech and Tata Tech results will be under the most scrutiny
After the Q1FY26 results of TCS, two major companies associated with the IT sector – HCL Tech and Tata Technologies – will announce their quarterly results today. Investors will be watching the revenue and profits of these two companies, which could provide an indication of the IT sector's next move.
RVNL gets a significant order from Railways
RVNL, a company related to the Railways, has received a new contract worth ₹213.22 crore from South Central Railway. This includes electrical improvement work in the Duvvada-Rajahmundry and Samalkot-Kakinada sections. This deal could have a positive impact on the company's share.
Zydus Lifesciences' US expansion
Zydus's US unit has signed an agreement to purchase two biologics manufacturing facilities in California. This deal could further strengthen the company's international presence.
Orient Green Power under the Income Tax Department's scanner
The company has received a tax notice of ₹4.35 crore from the Income Tax Department. This includes an interest of ₹2.62 crore. This news could be a cause for concern for investors.
Titagarh Rail Systems gets a major opportunity in land acquisition
The West Bengal government has given the company 40 acres of land on a 99-year lease. A new manufacturing center will be built on this land for metro coaches and Vande Bharat trains. This could significantly increase the company's production capacity.
Hindustan Copper unaffected by US tariffs
The company has clarified that it will not be affected by the 50% tariff on copper announced by the US, as most of its production is consumed in India.
Board meeting fixed for BEML's share split
The board of BEML will consider a proposal for a share split on July 21. This will be the first stock split in the company's history, which could cause a trending move in the stock.
Promoter stake sale in VIP Industries
The promoter group of the company has agreed to sell a 32% stake. This indicates a possible open offer of 26%, which could increase volatility in the share.
Sula Vineyards supported by wine tourism
The company's Q1FY26 revenue fell by 7.9% to ₹118.3 crore, but the company saw a 21.8% increase from wine tourism. This helped the company to maintain balance.
Promoter increases stake in Adani Green
The promoter group of Adani Green, Ardour Investment, has increased its stake by converting share warrants. The warrants were issued at a price of ₹1,480.75 per share.
RITES gets a new project from the Karnataka government
RITES Ltd has received a government project in Karnataka worth ₹46.82 crore. This includes the construction and repair of government colleges.
NCC Ltd gets a major Mumbai Metro contract
NCC has received a contract worth ₹2,269 crore for a major Mumbai Metro project. This includes rolling stock, signaling systems, telecom, and testing. This is likely to generate a large amount of revenue for the company.
Investors will be keeping an eye on these companies
These 13 companies will be the focus in today's trading session. Results from major players like HCL Tech and Tata Tech, deals and developments related to railways and infrastructure could cause market fluctuations. The inflation rates of the US and India, and China's GDP figures may also impact sentiment.
