The domestic markets are likely to open on a lower note as the US has imposed a 25% tariff on Indian goods, rattling investor sentiment. If you’re unsure which stock to focus on in Thursday’s trade. Here are updates on all the stocks making headlines. You can check these stocks to stay informed about all the key developments.
Earlier on Wednesday, the NSE Nifty 50 closed the session 34 points or 0.14% higher at 24,855, while the BSE Sensex rose 144 points or 0.18% to close at 81,482.
Stocks to watch on July 31, 2025
Avenue Supermarts
Avenue Supermarts, the country’s second-largest organised retailer, will double down on store expansion with a focus on northern India to counter heightened competition from online and offline retailers. The Mumbai-headquartered company, which runs the DMart supermarket chain, will add as many as 50 stores this financial year, CEO & MD Neville Noronha said on Wednesday.
Tata Steel
Tata Steel reported a sharp 116% rise in its consolidated net profit in the first quarter results announced on Wednesday. The PAT stood at Rs 2,077.68 crore from Rs 959.61 crore in the same period last year. The company saw a rise in profit despite a muted performance from its European operations and a marginal drop in consolidated revenue. The steelmaker’s revenue from operations stood at Rs 53,178 crore in Q1FY26, nearly flat compared to Rs 54,771 crore in the year-ago period. Tata Steel India remained the top contributor, posting a revenue of Rs 31,014 crore.
Mahindra & Mahindra
Mahindra & Mahindra released its fiscal fourth quarter earnings report with profit at Rs 4,083.32 crore. This was 24.39% higher than the Rs 3,282.63 crore recorded during the corresponding quarter of FY25. It posted revenue from operations at Rs 45,435.88 crore, up 22.77% in comparison to Rs 37,010.06 crore during the first quarter of the previous financial year. The company’s eBITDA stood at Rs 4,736 crore.
Tata Motors
Tata Motors announced the acquisition of Italy’s Iveco Group for €3.8 billion ($4.4 billion) in an all-cash transaction. The deal will be executed through a voluntary tender offer made by TML CV Holdings PTE Ltd, a newly formed Dutch-incorporated entity entirely owned by Tata Motors. Upon completion, the combined entity will become one of the world’s largest CV manufacturers, generating annual revenues of approximately €22 billion and sales exceeding 540,000 units per year.
InterGlobe Aviation
IndiGo airline operator InterGlobe Aviation reported a drop in first-quarter profit on Wednesday. The company posted a profit of Rs 2,176.3 crore for the April–June period, down 20.25% from Rs 2,728.8 crore a year ago, and down 29% sequentially from Rs 3,067.5 crore in Q4 FY25. Revenue from operations stood at Rs 20,496.3 crore, up 4.73% from Rs 19,570.7 crore a year ago in the same quarter.
Hyundai Motor India
Hyundai Motor India released its fiscal first-quarter earnings report with profit at Rs 1,369.23 crore. The profit for the quarter recorded an 8.08% drop in comparison to Rs 1,489.65 crore reported during the corresponding quarter of FY25. It posted revenue from operations at Rs 16,412.88 crore, down 5.37% as against Rs 17,344.23 crore reported during the first quarter of the previous financial year.
Aurobindo Pharma
Aurobindo Pharma announced that its wholly owned subsidiary, Aurobindo Pharma USA Inc., has entered into a definitive agreement to acquire 100% membership interest in Lannett Company LLC from Lannett Seller Holdco, Inc. The transaction is valued at an enterprise value of $250 million (Rs 21,850 crore) on a cash-free, debt-free basis, including normalised working capital levels.
Welspun Living
Welspun Living reported a 52% YoY decline in net profit at Rs 89.3 crore for the first quarter that ended June 30, 2025. In the corresponding quarter of the previous fiscal, Welspun Living posted a net profit of Rs 186 crore. The company’s revenue from operations fell 11% to Rs 2,261 crore as against Rs 2,536 crore in the corresponding period of the preceding fiscal.
IIFL Finance
IIFL Finance reported a 19% YoY decline in net profit at Rs 233.4 crore for the first quarter ended June, from Rs 288 crore posted in Q1FY25. The company’s revenue from operations increased 12.7% to Rs 2,952.8 crore against Rs 2,621 crore a year ago.
Navin Fluorine
Navin Fluorine’s net profit for the period more than doubled, increasing by 129% YoY to Rs 117 crore. Its revenue for the quarter increased by 38.5% to Rs 725.4 crore from Rs 523.7 crore during the same quarter last year. Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) more than doubled on a YoY basis to Rs 206.7 crore, a growth of 105.5% from last year’s June quarter.
Indraprastha Gas
Indraprastha Gas reported a subdued set of numbers for Q1 FY26, with key metrics falling short of expectations. The company’s standalone net profit stood at Rs 356 crore, up 2% quarter-on-quarter from Rs 349 crore. Its revenue came in at Rs 3,914 crore, a marginal 0.2% dip from the previous quarter.
Sonata Software
Sonata Software reported a 7.4% YoY increase in net profit at Rs 113.4 crore for the first quarter of this fiscal over Rs 105.60 crore in Q1FY25. The company reported consolidated revenue of Rs 2,965.2 crore for the first quarter, reflecting a YoY growth of 17.3% from Rs 2,527 crore last year. On a sequential basis, revenue rose 13.3%, indicating strong momentum across its business segments.
Hitachi Energy India
Hitachi Energy India reported a 1,163% YoY zoom in net profit at Rs 131.6 crore for the first quarter that ended on June 30, 2025. With effective execution of high-margin orders, sustained operational excellence, a good product mix, and increased export momentum, the company saw a significant growth in profit after tax on a lower base.