Stocks to Watch Today, July 17: Wipro, Jio Financial, Coal India, Maruti Suzuki, PNB and others

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Stocks to Watch Today, July 17: Indian equities are likely to remain stock-specific today as investors track quarterly earnings, strategic investments, order wins and expansion plans across sectors.

IT companies including Wipro and Tech Mahindra reported strong revenue and profit growth, while CEAT faced margin pressure despite higher sales. Jio Financial posted a sharp rise in income, while companies such as HCLTech, Hero MotoCorp, Waaree Energies and ITI Ltd announced key business developments.

Here's the list of stocks to watch in today's trading session:

IT Services revenue grew 10.7 per cent YoY to Rs 24,452.9 crore, while IT Services dollar revenue increased 1 per cent to USD 2,614.5 million.

Profit Surges 32 per cent

Q1 profit jumped 31.7 per cent YoY to Rs 1,486.3 crore, while revenue rose 17.7 per cent to Rs 15,711.9 crore.

CEAT

Profit Slumps

CEAT's profit plunged 96.4 per cent YoY to Rs 4 crore despite revenue rising 22.4 per cent to Rs 4,318 crore.

Revenue Soars

Revenue from operations surged 165 per cent YoY to Rs 961.58 crore, while consolidated total income excluding dividends climbed 141 per cent to Rs 1,496 crore.

Raises Sarrthi IAS Stake

PhysicsWallah invested around Rs 72 crore in Sarrthi IAS, increasing its stake to 51 per cent, strengthening its presence in the UPSC coaching segment.

Solar Capacity Commissioned

Coal India received GEDA's commissioning certificate for 200 MW of its 300 MW Khavda solar project.

Bags BSNL Order

ITI Limited secured an order worth Rs 856.39 crore to deploy BSNL's 4G mobile network in the West Zone.

Starts BESS Facility

Waaree Energies commenced operations at its 5 GWh battery energy storage system container manufacturing facility in Gujarat.

To Challenge Consumer Order

Maruti Suzuki will challenge the Raipur consumer commission's order directing replacement of a customer's vehicle with an E20-compatible model over fuel-related complaints.

Acquires Guardian Operations

HCLTech will acquire Guardian India Operations for USD 10.5 million, about Rs 101 crore. Around 2,000 employees will transition under a seven-year partnership.

Enters Germany

Hero MotoCorp entered the German market through a distribution partnership with KSR Group, marking another step in its international expansion strategy.

Signs AI Banking MoU

Punjab National Bank signed an MoU with Digital India BHASHINI Division to enable multilingual AI-powered banking services, improving customer accessibility and experience.

(Disclaimer: The above article is meant for informational purposes only and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)

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