📍 EARNINGS & FINANCIAL PERFORMANCE

• HCLTech: The IT major revised its EBIT margin guidance for FY26 downwards to 17-18% from the previous 18-19%, citing margin pressure in Q1 FY26. Its EBIT for the quarter ended June 30, 2025, declined 160 basis points sequentially to 16.3%, and net profit saw a 10.8% sequential drop to ₹3,843 crore.
• Tata Technologies: The company reported a 10% year-on-year decline in net profit, reaching ₹170 crore for the June quarter. Revenues in USD terms decreased by 2.1% quarter-on-quarter, with constant currency revenues falling 4.6%.
• Rallis India: The agri-solutions firm posted a substantial 98% year-on-year increase in net profit, reaching ₹95 crore for Q1 FY26. Revenue also saw a healthy rise of 22% to ₹957 crore.
• Ola Electric: The company's Q1 net loss widened by 23% year-on-year to ₹428 crore. Additionally, reports indicate that Maharashtra plans to close 90% of Ola Electric Mobility showrooms in the state due to a lack of permits for vehicle storage.
• Power Mech Projects: The firm secured two Operation & Maintenance (O&M) contracts valued at ₹551.35 crore (excluding taxes). The larger of the two contracts is for SJVN's Buxar power project in Bihar.
• Upcoming Q1 Results: Several companies are scheduled to announce their Q1 FY26 earnings on July 15, 2025, including GM Breweries, HDFC Life Insurance, ICICI Lombard General Insurance, HDB Financial Services, Bank of Maharashtra, Just Dial, Network18, Swaraj Engines, Plastiblends India, and Nureca.

📍 ORDER WINS & CONTRACTS

• Rail Vikas Nigam Ltd (RVNL): RVNL received a Letter of Award from Delhi Metro Rail Corporation (DMRC) for the design and construction of a 7.298 km viaduct and platforms for seven stations under Delhi Metro Phase-IV.
• RailTel Corporation: The company secured a work order worth ₹264 crore from East Central Railway. The contract involves implementing the Kavach collision avoidance system across 607 km of tracks.

📍 REGULATORY & PRODUCT DEVELOPMENTS

• AstraZeneca Pharma: The company received approval from the Central Drugs Standard Control Organisation (CDSCO) to import and market Durvalumab (Imfinzi) in India for an additional cancer treatment indication.
• Sun Pharma: Sun Pharma announced the launch of LEQSELVI 8 mg tablets in the United States. This new treatment is for severe alopecia areata and follows a settlement with Incyte Corporation.

📍 CORPORATE ANNOUNCEMENTS

• Life Insurance Corporation (LIC): R Doraiswamy has been officially appointed as the new Chief Executive Officer (CEO) and Managing Director (MD) of the company.
• Ex-Dividend Stocks: A number of companies traded ex-dividend on July 15, 2025, including Mahindra & Mahindra Financial Services, IDBI Bank, Computer Age Management Services (CAMS), Aditya Birla Real Estate, Grindwell Norton, Kirloskar Pneumatic Company, Saint Gobain Sekurit India, and Vinyl Chemicals (India).
• BEML: The Board of Directors of BEML is set to consider a stock split.
• Inox Wind: The company's Board is scheduled to meet on July 17 to discuss fundraising options, including through equity shares.
• Castrol India: The company won a significant tax dispute case, with the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) ruling in its favor for nine disputed years.
• Oberoi Realty: The Committee of Creditors (CoC) of Hotel Horizon approved a resolution plan submitted by a consortium that includes Oberoi Realty, valued at ₹919 crore.

📍 IPO & INVESTOR ACTIVITY

• Anthem Biosciences: Shares of Anthem Biosciences were scheduled for listing on July 15, 2025, on the NSE and BSE, following its ₹3,395 crore IPO.
• Prominent Investor Activity: Ace investors made new moves, with Ashish Kacholia acquiring a 1.1% stake in Gujarat Apollo Industries Ltd (valued at approximately ₹5 crore), and Mukul Agarwal purchasing a 2.3% stake in Monolithisch India Ltd (worth nearly ₹24 crore).
• Jane Street: The firm resumed trading in Indian markets after depositing ₹4,843.5 crore into an escrow account, fulfilling SEBI's order.

TAGS: India Daybook, Stocks in News, Corporate News, Stock Market, Company News

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