Shares to Watch: On Thursday, July 16, 15 shares like SBI, Maruti Suzuki, JSW Power, Hindustan Zinc and ixigo can also be within the headlines within the inventory marketplace. Because of many vital updates from QIP to court docket selections, dividends and quarterly effects, there might be a focal point of buyers and investors on those shares.
Nation’s biggest govt financial institution SBI Rs 25,000 crore goes to boost Rs 25,000 crore via certified institutional placement (QIP). The ground value is mounted at ₹ 811.05 consistent with percentage. A most of five% cut price can also be given in this. That is the primary time since 2017, when SBI is amassing capital via fairness.
The Go back and forth Reserving Corporate’s web benefit within the April-June quarter larger by means of 28% on an annual foundation. On the similar time, the income proceeded with a leap of greater than 74%. Ebidta has larger by means of 53%. Alternatively, there was a slight decline in margin.
Tech Mahindra’s web benefit in Q1 FY26 has fallen 2.23% in comparison to the former quarter. The corporate’s overall source of revenue has additionally declined relatively. Alternatively, the Ebit has larger by means of 7.18% and the margin rose from 10.5% to 11.1%.
Maruti Suzuki has larger the costs of Ertiga and Baleno fashions. Ertiga costs were larger by means of 1.4% and Baleno 0.5%. Costs were larger because of 6 airbag laws.
Vedanta Crew Corporate Hindustan Zinc Restricted (HZL) has won Letter of Intent (Loi) for a very powerful mineral block of Rajasthan from the Ministry of Mines, Executive of India. This block is positioned in Jhandavali-Satipura Amalgamated Potash and Halite area.
PNC Infratech Restricted has declared the bottom bid (L1) for a solar energy undertaking launched by means of govt corporate NHPC Restricted on Wednesday. Underneath this undertaking, the corporate has won a solar energy undertaking attached to the 300 MW Inter-State Transmission Machine (ISTS).
JSW Power subsidiary JSW Hydro Power has suffered a significant setback from the Ultimate Court docket. The Ultimate Court docket has dominated in choose of the state govt within the ongoing dispute over 18% loose energy provide with the Himachal Pradesh govt. JSW Hydro Power stated that below the Tariff Legislation of CERC (Central Electrical energy Regulatory Fee), it’s obliged to supply loose electrical energy handiest as much as 13%. Alternatively, the Ultimate Court docket pushed aside the declare to provide 18% loose electrical energy to the state, disregarding this declare.
L&T Generation Services and products (LTTS)
The corporate’s Q1 consolidated web benefit has larger by means of 1.6% to ₹ 316 crore. Alternatively, income reduced by means of 3.9% on an annual foundation. The Ebit declined, whilst the margin noticed a slight development.
The full passenger site visitors larger by means of 3.3% to three.01 crore within the April-June quarter at GMR Airports airports. The determine rose 0.9% to 9.79 lakhs within the month of June. The corporate stated that the passenger site visitors remained rather low because of some brief causes all the way through the quarter.
LT Meals informed the inventory marketplace that its board assembly goes to be hung on July 24. It will imagine the result of Q1Fy26 in addition to intervening time dividend. At the approval of dividend, a document date has been set on 30 July.
Arvind Restricted has set a document date of ultimate dividend on 25 July for the monetary yr 2024-25. The AGM might be on 8 August and the dividend fee might be made on or after August 13.
The SRF board assembly might be hung on 23 July. On this, the corporate will imagine elevating ₹ 750 crore via NCDs.
Berger paints gave their shareholders a dividend in Would possibly 2025 consistent with percentage in Would possibly 2025. Now it has set a document date of five August 2025 for the approaching dividend.
The cord corporate has set a document date for its shareholders 25 July 2025. This might be for Dividend Monetary Yr 2024-25. Additionally, the corporate’s AGM might be hung on 9 August.
The corporate has knowledgeable its buyers that the document date of the dividend declared for the final monetary yr has been saved on 21 August 2025.
Pharma corporate has introduced a partnership with Sanofi India. This alliance has been shaped for Sanofi’s diabetes.
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