Ten stocks to watch: HCLTech reported a 10.8% sequential drop in net profit, Tata Technologies' net profit fell 10% sequentially, Ola Electric Mobility to shut 90% of its showrooms in Maharashtra due to lack of permits, Welspun Living's subsidiary Christy targets 30% growth in FY26, VIP Industries promoters selling nearly 32% stake at a discount.
In today's financial landscape, several key stocks have made notable headlines, drawing the attention of investors and financial professionals alike. Here's a rundown of the top ten stocks to watch, based on recent developments and financial updates:
1. HCL Technologies (HCLTech)
HCLTech reported a 10.8% sequential drop in net profit for the April-June quarter to Rs 3,843 crore, falling short of Bloomberg estimates pegged at Rs 4,253 crore. Revenue was nearly flat at Rs 30,349 crore, inching up from the previous quarter and broadly in line with projections of Rs 30,298 crore. Operating margin narrowed sharply to 16.3% from 17.9% in Q4, marking the weakest June-quarter margin in six years [1].
2. Tata Technologies
Tata Technologies reported a 10% sequential decline in net profit to Rs 170.28 crore for the June quarter. Total revenues fell by 3.2% quarter-on-quarter to Rs 1,244.3 crore. The fall in revenue was attributed to a delayed ramp-up and prolonged decision-making processes. In constant currency terms, total revenue decreased by 2.1% quarter-on-quarter to $ 145.3 million. The company experienced a 200 basis point contraction in EBITDA margins, partially due to a change in the mix of offshore and onsite work, besides declining revenues [1].
3. Ola Electric Mobility
Maharashtra has decided to shut down 90% of Ola Electric Mobility showrooms of its total 450 stores in the state, according to Livemint. The reason behind the closure is understood to be the lack of permits for storing vehicles. This move tends to disrupt the supply of 2-wheelers EVs in one of the largest markets in the country [1].
4. Welspun Living
Welspun Group subsidiary Christy targets 30% growth in FY26, with plans to expand its global footprint and diversify its product line. The UK-based luxury brand Christy, a subsidiary of textile conglomerate Welspun Living, is targeting a 30% growth in FY26 [1].
5. VIP Industries
The Dilip Piramal family, promoters of VIP, are cutting their stake in the company at a discount. The promoters are selling nearly 32% stake or 45.44 million shares in the company to a clutch of investors in an all-cash deal valued at Rs 1,763 crore, they said on Monday while spelling out the deal details, implying a per-share value of Rs 388. This is at a 15% discount to Friday’s close [1].
6. Amber Enterprises
Amber Enterprises India Ltd. said its board of directors has approved an enabling resolution to raise funds up to Rs 2,500 crore through the issuance of permissible securities. The decision was taken at the company’s board meeting held on July 12, 2025 [1].
7. Oberoi Realty
Oberoi Realty has announced that the Committee of Creditors (CoC) of Hotel Horizon Private Limited (HHPL) has approved the resolution plan submitted by a consortium comprising Oberoi Realty, Shree Naman Developers, and JM Financial Properties and Holdings. The approved resolution plan involves a total payment of Rs 919 crore, along with any additional statutory payments, for full and final settlement of outstanding claims and unpaid Corporate Insolvency Resolution Process (CIRP) costs [1].
8. Rail Vikas Nigam (RVNL)
Rail Vikas Nigam (RVNL) said it has received a Letter of Award (LOA) from Delhi Metro Rail Corporation Limited (DMRC) for a project under the Delhi MRTS Phase-IV. The total value of the contract is Rs 447.42 crore, inclusive of 18% GST, and the execution timeline is 36 months [1].
9. HDFC Bank
HDFC Bank reported that its deposits grew 2.5 times faster than its loans in FY25, helping bring down the credit-to-deposit ratio to 96% from around 110% at the time of the merger. Sashidhar Jagdishan, Managing Director and CEO of HDFC Bank, told shareholders that the bank now holds an 11% market share of total banking deposits in India [1].
10. RailTel Corporation
RailTel Corporation of India said it has received a work order worth Rs 264 crore (including tax) from East Central Railway for the implementation of the Kavach system, the indigenous Train Collision Avoidance System (TCAS) [1].
Conclusion
These developments highlight the diverse range of issues affecting these companies, from financial performance and regulatory challenges to strategic changes and market disruptions. Investors should closely monitor these stocks for further updates and potential impacts on their portfolios.
References
1. [Financial Express](https://www.financialexpress.com/market/stocks-to-watch-hcl-technologies-tata-technologies-ola-electric-vip-industries-welspun-living-amber-enterprises-oberoi-realty-rvnl-hdfc-bank-railtel-corp-3914423/)
2. [NDTV Profit](https://www.ndtvprofit.com/quarterly-earnings/hcltech-tata-tech-ola-electric-q1-results-today-earnings-estimates)
3. [Financial Express](https://www.financialexpress.com/about/industry/)
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