Stocks to Watch: Bajaj Auto, SpiceJet, Jio Financial, HUL, Vedanta, and ZEE Make Headlines

On Monday, domestic markets continued their upward trend, hitting new highs. In today’s session, keep an eye on Bajaj Auto, SpiceJet, Jio Financial, HUL, Vedanta, and ZEE, among others, due to various news and quarterly results.

Bajaj Auto, L&T Finance, Just Dial: Shares of Bajaj Auto, L&T Finance, and Just Dial will be in focus as they announce their first-quarter results today.

Vedanta: Vedanta Ltd has launched its qualified institutional placement (QIP) issue, setting a floor price of ₹461.2 per share.

SpiceJet: Budget airline SpiceJet reported a consolidated net profit of ₹127 crore for the fourth quarter ending March 2024, compared to a loss last year.

Jio Financial: Jio Financial Services reported a 6% year-on-year decline in net profit for the June quarter, totaling ₹313 crore.

ZEE: Zee Entertainment Enterprises received shareholder approval to raise ₹2,000 crore through the issuance of securities.

HDFC AMC: HDFC Asset Management Company reported a 26% year-on-year increase in consolidated net profit for the quarter ending June 2024.

Angel One: Angel One saw a 14% decline in net profit to ₹292 crore in the first quarter, while revenues grew by 4% quarter-on-quarter.

Vodafone Idea: The Supreme Court announced it would soon decide on the listing of Vodafone Idea Ltd’s curative petition regarding adjusted gross revenue (AGR) dues.

Unichem Labs: The US FDA issued five observations for Unichem Labs’ Goa formulation facility after an inspection from July 8-15.

Ujaas Energy: The board of Ujaas Energy approved issuing 1 bonus share for every 4 shares held.

Lupin: Lupin sold its US commercial women’s health specialty business, including SOLOSEC, to Evofem Biosciences.

HUL: Hindustan Unilever Ltd (HUL) approved the sale of its water purification business to AO Smith India for $72 million.