Stocks to Watch Today, July 23: ​IndusInd Bank, Eternal, ​Nestle India, HAL, ​H​CL Tech and more

Stocks to watch today, July 23: Indian stocks are set for a busy session on July 23, with investors tracking a mix of strong quarterly earnings and key corporate developments. IndusInd Bank, Oracle Financial Services, Waaree Renewable Technologies and NTPC Green Energy reported sharp profit growth, while HPCL faced pressure after posting a loss.

Market participants will also watch HCLTech, HAL, Bharat Forge, HFCL and Rubicon Research following strategic business updates and expansion plans.

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

Q1 profit jumped 46.5 per cent to Rs 1,002.5 crore, while net interest income rose 1 per cent to Rs 4,684.7 crore, reflecting steady core business growth.

HPCL

Swings to Massive Loss

Q1 reported a loss of Rs 11,526.4 crore against last year's profit, despite revenue rising 26.8 per cent to Rs 1,40,485 crore.

Oracle Financial Services

Q1 profit surged 120.5 per cent to Rs 1,415.5 crore, while revenue increased 68.7 per cent to Rs 3,125.2 crore, driven by strong business performance.

Q1 profit rose 11 per cent to Rs 463 crore, while revenue increased 6.2 per cent to Rs 2,708 crore, supported by steady demand.

Q1 profit climbed 34.1 per cent to Rs 115.9 crore, while revenue jumped 53.2 per cent to Rs 924.3 crore on strong execution.

Q1 profit increased 38.3 per cent to Rs 304.8 crore, with revenue rising 62.7 per cent to Rs 1,106.9 crore, driven by capacity expansion.

Q1 net profit grew 48.3 per cent to Rs 958.7 crore, while revenue rose 25.4 per cent to Rs 6,363.3 crore, reflecting strong sales growth.

Eternal

Revenue Soars, Profit Quadruples

Q1 net profit nearly quadrupled to Rs 92 crore, while revenue surged to Rs 20,211 crore, driven by strong growth across businesses.

Selected by TIM Brasil to enable South America's first cross-platform eSIM transfer capability, enhancing the digital experience for millions of users.

HAL

Signs Safran Supply Pact

Signed a long-term agreement with Safran Aircraft Engines to manufacture turbine ring forgings for the CFM LEAP engine programme.

Defence Airship Partnership

Partnered with Flying Whales to jointly develop and manufacture advanced airships for India's defence and strategic operations.

HFCL

Approves Rs 215 Crore Expansion

Board approved a Rs 215 crore investment to establish a data centre connectivity products manufacturing facility.

Acquired a manufacturing facility in New Jersey from InvaTech Pharma Solutions for an enterprise value of USD 2.9 million.

(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.)