Stocks to Watch on Monday, July 28: TCS, SAIL, BEML, IDFC First Bank and more

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Stocks to Watch: Shares of several companies will remain in focus on Monday (July 28) including TCS, Tata Chemicals, BEML, SAIL, IDFC First Bank, etc. On Friday, stock markets declined with the Sensex tumbling 721 points due to heavy selling in financial, IT and oil & gas shares amid persistent foreign fund outflows.The 30-share BSE Sensex tanked 721.08 points or 0.88 per cent to settle at over a month’s low of 81,463.09. During the day, it plunged 786.48 points or 0.95 per cent to 81,397.69. The 50-share NSE Nifty dropped 225.10 points or 0.90 per cent to a month’s low of 24,837.Tata ChemicalsTata Chemicals reported an 80.57 per cent increase in consolidated profit after tax (PAT) to Rs 316 crore for the quarter ended June 30. The company’s PAT was Rs 175 crore during the corresponding period of the previous fiscal, Tata Chemicals said in a regulatory filing. Its revenue from operations declined nearly 2 per cent during the quarter under review to Rs 3,719 crore, mainly due to the cessation of Lostock operations in the UK.TCSShares of TCS to remain in focus after the company decided to reduce its workforce by 2% in its 2026 financial year. The move will eliminate roughly 12,200 jobs from the company’s workforce of more than 613,000 as TCS deploys AI and other technologies while entering new markets and contending with an uncertain demand outlook.Also Read | NSDL IPO subscription opens on July 30. Check price band, allotment date and moreBEMLBEML Limited has entered into a strategic MoU with Hindustan Shipyard Limited (HSL) to collaborate on the co-creation of advanced marine systems-encompassing innovation, indigenous design, manufacturing, and end-to-end lifecycle support.Aadhar Housing FinanceAadhar Housing Finance reported a 19 per cent increase in net profit to Rs 237 crore in the first quarter ended June 2025. The housing finance company earned a profit of Rs 200 crore in the same quarter a year ago. Total income during the quarter under review rose to Rs 851 crore from Rs 7,413 crore in the year-ago period, Aadhar Housing Finance said in a regulatory filing.Orient CementOrient Cement Ltd, now part of billionaire Gautam Adani-led Adani Group, on Friday reported a multi-fold jump in its net profit to Rs 205.37 crore for the first quarter ended June 2025. The company had posted a net profit of Rs 36.71 crore a year ago, according to a regulatory filing by Orient Cement Ltd (OCL), a subsidiary of Ambuja Cements. Its revenue from operations surged 24.44 per cent to Rs 866.47 crore in the June quarter. It was Rs 696.26 crore in the year-ago period.Story continues below this adSAILSAIL reported a multi-fold rise in consolidated net profit at Rs 744.58 crore in the quarter ended June 2025 on the back of improved operational efficiency, better cash flow and strong growth in sales volume.The company had posted a consolidated net profit of Rs 81.78 crore in the year-ago period, Steel Authority of India Ltd (SAIL) said in a filing to BSE. The consolidated income of the company during April-June period rose to Rs 26,083.90 crore compared to Rs 24,174.80 crore in the corresponding quarter of previous fiscal.J&K BankJammu and Kashmir Bank posted a 16.7 per cent increase in net profit at Rs 484.84 crore in the April-June quarter of FY26. The bank had reported a profit after tax (PAT) or net profit of Rs 415.49 crore in the same period of the previous fiscal year, J&K Bank said in a statement. Net Interest Income (NII) during the reporting quarter grew 7 per cent year-on-year to Rs 1,465.43 crore, while the other income jumped 29 per cent to Rs 250.30 crore from Rs 194.10 crore recorded last year.IDFC First BankIDFC First Bank reported a 32 per cent slump in net profit to Rs 463 crore during the first quarter of the current financial year, impacted by slippages in the micro-finance book. The Mumbai-based lender had earned a net profit of Rs 681 crore in the same quarter of the previous fiscal year. The total income rose to Rs 11,869 crore during the June quarter of 2025-26 from Rs 10,408 crore in the same quarter of FY25, IDFC First Bank said in a regulatory filing.L&T Technology ServicesIT company L&T Technology Services has bagged a multi-year contract worth USD 60 million (about Rs 510 crore) from a prominent US-based wireless telecommunications services provider. Under the agreement, LTTS will deliver advanced network software development and application engineering solutions. “L&T Technology Services wins around USD 60 million software engineering engagement from US Tier-I Telecom Provider,” LTTS said in a statement.Story continues below this adKotak Mahindra BankKotak Mahindra Bank reported a consolidated net profit of Rs 4,472 crore for the June quarter, and flagged stress on the retail commercial vehicle portfolio due to adverse macroeconomic conditions. The consolidated net profit in the year-ago period was Rs 7,448 crore, but it had included gains of over Rs 3,000 crore on its stake sale in the general insurance arm, while the net profit for the March quarter stood at Rs 4,933 crore.Tata CommunicationsThe Department of Telecom has issued a “show-cause-cum-demand notice” of about Rs 7,800 crore to Tata Communications over adjusted gross revenue dues, according to an official note by the company. The demand has been raised by the Department of Telecom (DoT) for adjusted gross revenue (AGR) from 2005-06 till 2023-24, as per the note dated July 17.(With inputs from agencies)