Top Stocks to Watch: Nykaa, Titan, Adani Wilmar, and More – Key Updates You Need to Know Today
Despite a mixed session on Friday, domestic markets trended upward last week, reflecting positive investor sentiments. Today, shares of Nykaa, Adani Wilmar, Titan, Bandhan Bank, IndusInd Bank, Marico, Dabur, and others will be in focus due to various news developments and first-quarter updates.
BigBloc Construction: The Board will meet on July 19 to consider and approve a bonus issue of shares.
Tinna Rubber and Infra: Investor Dolly Khanna bought a 1.03% stake in this tire recycling company during the June quarter.
ASM Technologies: Star investor Mukul Mahavir Agrawal acquired a 6.5% stake in engineering consultancy ASM Technologies during the June quarter.
Nykaa: Nykaa expects its revenue to grow by about 22-23% year-on-year in the first quarter, with GMV growth in the mid-twenties.
Punjab & Sind Bank: This state-owned bank plans to open 100 new branches across India this financial year.
PC Jeweller: Punjab National Bank approved PC Jeweller’s proposal for a one-time settlement to clear outstanding dues.
Adani Wilmar: Adani Wilmar achieved a 13% volume growth year-on-year in the first quarter, thanks to market-specific strategies.
Titan: Titan Ltd reported a 9% year-on-year growth in its business for the first quarter ended June 2024.
IndusInd Bank: IndusInd Bank’s net advances grew 16% year-on-year to Rs 3.48 lakh crore for the quarter ended June 2024.
Bandhan Bank: Bandhan Bank appointed Ratan Kumar Kesh as interim MD and CEO for 3 months starting July 10, 2024.
Union Bank: Union Bank’s total deposits rose 8.5% in the first quarter, with global gross advances increasing by 11.5%.
Tata Motors: Tata Motors’ unit JLR reported a 5% year-on-year increase in wholesales to 97,755 units for the first quarter, with retail sales up 9% year-on-year.
Dabur: Dabur India expects its consolidated revenue to grow in the mid to high single digits in the first quarter.
AB Capital: COO Mukesh Malik opted for early retirement, effective July 31.
Bank of Baroda: Bank of Baroda reported a 9% growth in deposits and an 8% year-on-year increase in advances in the first quarter.
Marico: Marico’s domestic business saw a modest uptick in underlying volume growth on a sequential basis during the June quarter.
Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.
