Stocks in news: Maruti Suzuki, ITC, Vedanta, Swiggy, RIL

Markets traded in a volatile yet narrow range and settled marginally higher amid mixed cues. Technically, analysts say the Nifty is encountering resistance near the 24,400 zone, which coincides with the 200-day EMA. While the broader recovery structure remains intact above the 24,100-24,000 support zone, the inability to sustain at higher levels suggests the possibility of a consolidation phase, before an extension towards 24,600–24,800 zone in the near term.

In today's trade, shares of Maruti Suzuki, ITC, Vedanta, Swiggy, RIL among others will be in focus due to various news developments and first quarter results.

Sun Pharma, Maruti, ITC, Bajaj Finserv, IOC, Dixon Tech

Shares of Sun Pharma, Maruti, ITC, Bajaj Finserv, IOC and Dixon Tech will be in focus as the companies will announce their first quarter results.

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Vedanta

Vedanta said its board has approved the demerger of its real estate business into Vedanta Property Platforms Ltd, a new pure-play real estate company, as the mining and metals major looks to unlock value from surplus land and built-up assets across India.

Hyundai India

Hyundai Motor India reported a consolidated net profit of Rs 889 crore for Q1 FY27, marking a sharp 35% YoY fall from the Rs 1,369 crore reported in the year-ago period, with the company’s management highlighting that the Creta-maker faced a challenging quarter as multiple headwinds impacted volumes and profitability.

Swiggy
Food delivery and quick commerce major Swiggy reported a consolidated net loss of Rs 791 crore for the first quarter of FY27, marking nearly 34% year-on-year decrease from the Rs 1,197 crore net loss reported in the year-ago period.

Tata Steel
Tata Steel reported a 15% rise in consolidated net profit attributable to owners for the June quarter, helped by higher revenue and improved operating performance. The steelmaker posted net profit attributable to owners of Rs 2,318 crore for the quarter ended June 2026, compared with Rs 2,078 crore in the same quarter last year.

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Tata Power
Tata Power Renewable Energy Ltd started work on its 800 MW clean energy project, entailing an investment of Rs 5,750 crore, in Andhra Pradesh on Thursday, the company said in a statement.

Reliance Industries
Reliance Industries ramped up diesel exports to Europe and Brazil in July, Reuters reported, which could help ease tight supply globally caused by the US-Iran war and a Russian export ban.