The global markets are trading on a higher note, indicating that the domestic markets will open with a positive tone. 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 16 points or 0.06% higher at 25,212, while the BSE Sensex surged 64 points or 0.08% to close at 82,634.
Stocks to watch on July 17, 2025
Tech Mahindra
Tech Mahindra reported a 2.2% sequential decline in net profit for the first quarter of the fiscal at Rs 1,141 crore. Revenue for the quarter under consideration was down 0.2% to Rs 13,351 crore quarter-on-quarter, missing the Bloomberg estimates of Rs 13,425 crore. The firm also trailed street estimates on earnings before interest, taxation, depreciation and amortisation (Ebtida) of Rs 1,958 crore at Rs 1,835 crore, though it was up 5.2% q-o-q.
Godrej Consumer Products
Godrej Consumer is committed to delivering a strong performance in FY26 after reporting a 2% growth in both revenue and earnings before interest, tax, depreciation, and amortisation (Ebitda) in FY25, executive chairperson Nisaba Godrej said in the company’s annual report released on Wednesday.
Wipro
Global business sentiment remains subdued amid persistent uncertainty and recent US tariff headwinds, Wipro’s executive chairman Rishad Premji said at the company’s annual general meeting on Wednesday. “Overall, the environment remains uncertain. It has not gotten any worse, but it has not gotten significantly better at the moment,” said Premji. He added that customers are getting more acclimatised to living in a world that is more uncertain.
Reliance Power
Reliance Power approved a Rs 6,000 crore fundraising plan on Wednesday, using Qualified Institutions Placement and other modes. The Anil Ambani-led company said it was planning to issue new equity shares or instruments linked to equity following a board meeting after market hours.
NTPC
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday granted enhanced functional autonomy to state-run NTPC by allowing it to invest up to Rs 20,000 crore in green energy sans any separate government approval. An earlier investment cap was Rs 7,500 crore. The move is expected to put the renewable energy (RE) expansion plans of NTPC Green (NGEL), a listed entity, on the fast track.
MCX
The market regulator, Securities and Exchange Board of India (SEBI), has granted renewal of the recognition of Multi Commodity Exchange Clearing Corporation Ltd (MCXCCL) to act as a clearing corporation for a three-year three years period. Beginning from July 31, the renewal will be valid till July 30, 2028.
L&T Technology Services
L&T Technology Services released its fiscal first quarter earnings report with profit at Rs 316.10 crore, surpassing estimates. This was marginally higher than Rs 313.90 crore recorded during the corresponding quarter of the previous financial year. It posted revenue from operations at Rs 2866.00 crore, recording a growth of 16.41 per cent as against Rs 2461.90 crore reported during the first quarter of FY25. The company’s EBIT stood at Rs 381.5 crore.
Angel One
Angel One posted a 61% year-on-year decline in net profit at Rs 114.4 crore for the June 2025 quarter, compared to Rs 292.7 crore a year ago. Revenue dropped 19% YoY to Rs 1,140 crore from Rs 1,405 crore in Q1 FY25. Operating performance weakened, with EBITDA down 41.7% to Rs 274.1 crore from Rs 469.9 crore, and EBITDA margins narrowing to 24.04% from 33.44%.
Waaree Energies
Waaree Energies announced that its proposed Rs 293 crore acquisition of Kamath Transformers Private Limited will not proceed, as both parties failed to reach an agreement on the terms of a definitive agreement within the agreed timelines. The company had earlier disclosed the planned acquisition on May 19, 2025. The acquisition, which was to be completed within the current fiscal year, involved Waaree Energies acquiring 100% shareholding in Kamath Transformers on a cash consideration basis.
GMR Airports
GMR Airports reported a 3.3% year-on-year rise in passenger traffic in Q1 FY26, handling over 30.1 million passengers across its airport network. The quarter also saw aircraft movements (ATMs) rise 17.2% year-on-year to 0.55 lakh. In June 2025 alone, GMR Airports handled 97.93 lakh passengers, up 0.9% year-on-year. Domestic traffic rose 2.9%, while international traffic increased 4.6% compared to June last year. Aircraft movements for the month stood at 61,251, up 2.6% year-on-year.