Stocks to Watch: IndusInd Bank, Tata Comm, Paytm, ICICI Lombard, Rallis India, and Others - News18
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Stocks to watch on July 19: Nifty futures traded 6 points, or 0.03 per cent, lower at 19,797.50, signaling that Dalal Street was headed for a muted start on Wednesday. Here’s a slew of stocks that will be in focus today for various reasons. Results today: Tata Communications, L&T Finance Holdings, Bank of Maharashtra, Finolex Industries, Alok Industries, Mastek, Jubilant Pharmova, Tata Coffee, among others will report the April-June quarter results of fiscal year 2023-24 (Q1FY24). IndusInd Bank: The lender reported a 32.5 per cent year-on-year (YoY) growth in net profit at Rs 2,124 crore in Q1FY24, on the back of a fall in provisions. Net interest income (NII), meanwhile, grew 18 per cent YoY to Rs 4,867 crore in the recently concluded quarter. L&T Technology: The company registered 13 per cent YoY rise in net profit to Rs 311.1 crore in Q1FY24 but was down 8.5 per cent compared to the previous quarter. Revenue from operations, however, saw a 14.7 per cent YoY j