Stocks To Watch On 31 July 2026: JBM Auto, Tata Steel, Thermax And More

Indian benchmark indices ended higher on Thursday, as decent quarterly earnings boosted investor sentiment. The Sensex rose 0.35% to close at 77,928.15, while the Nifty 50 gained 0.28% to 24,317.15.

Stocks In Focus

JBM Auto

JBM Auto reported a 14.7% year-on-year increase in first-quarter net profit, supported by growth in its electric vehicle and auto components businesses.

Tata Steel

Tata Steel reported a consolidated net profit of ₹2,318.4 crore for the June quarter, up 11.6% year-on-year. Revenue rose 14.3% to ₹60,794.3 crore, exceeding market expectations, although profit missed estimates.

Thermax

Thermax reported an 83.4% year-on-year decline in consolidated net profit for the June quarter, as profitability came under pressure despite higher revenue.

RailTel Corporation of India

RailTel reported a flat net profit of ₹66 crore for the June quarter. Revenue and operating profit, however, recorded double-digit year-on-year growth.

Mazagon Dock Shipbuilders

Mazagon Dock Shipbuilders posted a strong June-quarter performance, with net profit rising 21.5% year-on-year to ₹549.4 crore. Revenue increased 12.1% to ₹2,943 crore.

Swiggy

Swiggy posted a narrower-than-expected consolidated net loss of ₹791 crore for the June quarter, improving from a loss of ₹1,197 crore a year earlier. Revenue and operating performance broadly matched Street expectations.

Chambal Fertilisers and Chemicals

Chambal Fertilisers reported a 4.6% year-on-year decline in consolidated net profit to ₹544 crore, although operating profitability improved during the quarter.

Rainbow Children's Medicare

Rainbow Children's Medicare reported a 13.2% year-on-year increase in net profit to ₹60.57 crore during the first quarter, supported by healthy growth in revenue and operating profit.

Torrent Pharmaceuticals

Torrent Pharmaceuticals reported a strong June-quarter performance, with net profit rising 3.3% to ₹566 crore. Revenue surged 54.8% year-on-year to ₹4,921 crore, supported by robust domestic demand and continued momentum in the US market.

Companies Reporting Quarterly Results On Friday

The following companies are scheduled to announce their June-quarter earnings on Friday:

• Aadhar Housing Finance

• Aarti Drugs

• Aditya Birla Capital

• ABB India

• Bajaj Holdings & Investment

• Concord Biotech

• CORONA Remedies

• Dixon Technologies (India)

• GAIL (India)

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