Stocks to watch: On Wednesday, July 16, due to quarterly results, dividend announcements and large agreements, shares of several companies can live on the radar of investors. These include companies in insurance, finance, technology and manufacturing sector. Before making a business strategy, know which stocks are likely to stir and what are the major reasons behind them.
The net profit of ICICI Lombard General Insurance increased to ₹ 747 crore in the June quarter, which was ₹ 580 crore in the same period last year. The company’s net premium income increased from ₹ 5,352 crore to ₹ 6,083 crore.
The consolidated net profit (PAT) of HDFC Life Insurance has increased by 14.5% to ₹ 548.35 crore in the first quarter. The company has informed about important changes in management along with quarterly results and has also announced dividend.
The net profit of HDB Financial Services has come down from ₹ 582 crore to ₹ 568 crore. However, the total income of the company has increased from ₹ 3,844 crore to ₹ 4,465 crore. Net Interest Income (NII) rose from ₹ 1,769 crore to ₹ 2,092 crore.
Tata Group’s Retail Unit LTD’s Tata CLIQ has a strategic partnership with Canadian athlezer brand Lululemon. Lululemon has announced to open its first store in India in the second half of 2026.
Dixon Technologies have made an important agreement with the Q Tech Group. Under this, the company will purchase 51% stake in Kunshan Q Tech Microelectronics (India). This acquisition will further strengthen the company’s technology manufacturing capabilities.
Medplus’s subsidiary optive Health Solutions, have received drug license suspension orders for three retail pharmacy stores in Karnataka and Telangana. These orders were issued on 14 July 2025. Suspension may have a temporary impact on the company’s retail sales.
The Rights issue of ₹ 700 crore of Infibeim Avenues has been successfully completed. The company said it received strong support from investors and subscribed to 1.4 times.
Praveg Limited has approved a record date for its dividend. The company has announced a dividend of one rupee per share. The record date is set on 1 August, while the AGM will be held on August 12.
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