Stocks to watch: On Thursday, July 16, 15 stocks like SBI, Maruti Suzuki, JSW Energy, Hindustan Zinc and ixigo can be in the headlines in the stock market. Due to many important updates from QIP to court decisions, dividends and quarterly results, there will be a focus of investors and traders on these stocks.
The country’s largest government bank SBI is going to raise Rs 25,000 crore through qualified institutional placement (QIP). The floor price is fixed at ₹ 811.05 per share. A maximum of 5% discount can be given on this. This is the first time since 2017, when SBI is collecting capital through equity.
The Travel Booking Company’s net profit in the April-June quarter increased by 28% on an annual basis. At the same time, the revenue proceeded with a jump of more than 74%. Ebidta has increased by 53%. However, there has been a slight decline in margin.
Tech Mahindra’s net profit in Q1 FY26 has fallen 2.23% compared to the previous quarter. The company’s total income has also declined slightly. However, the Ebit has increased by 7.18% and the margin rose from 10.5% to 11.1%.
Maruti Suzuki has increased the prices of Ertiga and Baleno models. Ertiga prices have been increased by 1.4% and Baleno 0.5%. Prices have been increased due to 6 airbag rules.
The Vedanta Group’s company Hindustan Zinc Limited (HZL) has received the Letter of Intent (Loi) for an important mineral block of Rajasthan from the Ministry of Mines, Government of India. This block is located in Jhandavali-Satipura Amalgamated Potash and Halite region.
PNC Infratech Limited has declared the lowest bid (L1) for a solar power project released by government company NHPC Limited on Wednesday. Under this project, the company has received a solar power project connected to the 300 MW Inter-State Transmission System (ISTS).
JSW Energy subsidiary JSW Hydro Energy has suffered a major setback from the Supreme Court. The Supreme Court has ruled in favor of the state government in the ongoing dispute over 18% free power supply with the Himachal Pradesh government. JSW Hydro Energy said that under the Tariff Regulation of CERC (Central Electricity Regulatory Commission), it is obliged to provide free electricity only up to 13%. However, the Supreme Court dismissed the claim to give 18% free electricity to the state, dismissing this claim.
L&T Technology Services (LTTS)
The company’s Q1 consolidated net profit has increased by 1.6% to ₹ 316 crore. However, revenue decreased by 3.9% on an annual basis. The Ebit declined, while the margin saw a slight improvement.
The total passenger traffic increased by 3.3% to 3.01 crore in the April-June quarter at GMR Airports airports. The figure rose 0.9% to 9.79 lakhs in the month of June. The company said that the passenger traffic remained relatively low due to some temporary reasons during the quarter.
LT Foods told the stock market that its board meeting is going to be held on July 24. It may consider the results of Q1Fy26 as well as interim dividend. On the approval of dividend, a record date has been set on 30 July.
Arvind Limited has set a record date of final dividend on 25 July for the financial year 2024-25. The AGM will be on 8 August and the dividend payment will be made on or after August 13.
The SRF board meeting will be held on 23 July. In this, the company will consider raising ₹ 750 crore through NCDs.
Berger paints gave their shareholders a dividend in May 2025 per share in May 2025. Now it has set a record date of 5 August 2025 for the upcoming dividend.
The wire company has set a record date for its shareholders 25 July 2025. This will be for Dividend Financial Year 2024-25. Also, the company’s AGM will be held on 9 August.
The company has informed its investors that the record date of the dividend declared for the last financial year has been kept on 21 August 2025.
Pharma company has announced a partnership with Sanofi India. This alliance has been formed for Sanofi’s diabetes.
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