Stocks To Watch On 16 July: Himadri Speciality Chemical, HDB Financial Services, Angel One & More

The Indian stock market ended slightly higher on 15 July, with the Sensex rising 130.49 points (0.17%) to 77,185.43 and the Nifty 50 gaining 26.60 points (0.11%) to 24,078.50. Financial stocks led the gains ahead of Q1 earnings, supported by softer US inflation data that improved global sentiment.

Key Stocks In Focus

Himadri Speciality Chemical

Himadri Speciality Chemical posted its strongest-ever quarterly revenue in the June quarter. Consolidated net profit increased 26.3% year-on-year to ₹230 crore, compared with ₹182 crore in the corresponding period last year.

HDB Financial Services

HDB Financial Services recorded its highest-ever quarterly profit after tax (PAT). Net profit climbed 38.3% year-on-year to ₹785 crore in the first quarter of FY27, up from ₹568 crore in the same period last year.

Angel One

Angel One reported a strong set of June-quarter earnings. Net profit more than doubled from a year earlier, driven by healthy revenue growth and improved operating leverage, resulting in significantly higher profitability.

Network18 Media & Investments

Network18 Media & Investments reported a 10% year-on-year increase in consolidated operating revenue for the June quarter. Revenue rose to ₹516 crore, compared with ₹468 crore in the corresponding quarter of the previous financial year.

ICICI Lombard General Insurance

ICICI Lombard reported a 46% decline in net profit for the June quarter. Profit fell to ₹403 crore from ₹747 crore a year earlier, mainly due to the impact of exceptional items on earnings.

GTPL Hathway

GTPL Hathway posted a sharp fall in quarterly earnings despite higher revenue. Net profit declined 78.1% year-on-year to ₹2.3 crore, while revenue increased 12.2% to ₹1,019.9 crore from ₹909.1 crore.

Exide Industries

Exide Industries invested ₹99.99 crore in its wholly owned subsidiary, Exide Energy Solutions Ltd, through a rights issue. The capital infusion will support the development of the company's greenfield multi-gigawatt lithium-ion cell manufacturing facility in India.

India Pesticides

India Pesticides received Technical Equivalence (TEQ) approval from the European Union for one of its fungicide products.

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