Top Stocks to Watch on July 30: Tata Steel, GAIL, RVNL, Titagarh Rail, PNB Housing, HPCL, ACC, Kalpataru Projects and more

Top Stocks to Watch on July 30: On July 30, the stock is expected to experience a lot of earnings reactions. Some stocks are giving higher returns earnings and may be the best stock today.

Let's take a look at top stocks that you should watch today:

Tata Steel Tata Steel reported that it brought 5.57 billion more equity shares for around $875 million in its Singapore-based branch. In May, Tata Steel provided funds to T Steel Holdings Pte Ltd (TSHP). In an exchange report, the company said that the company received funds in the form of subscriptions to equity shares.

GAIL

GAIL India Ltd reported in the first quarter the EBITDA increased by 55% year-on-year to 3,764 crore and the company’s income recorded a rise of 4.2% year-on-year to Rs 33,565 crore. The company also reported up 57% year-on-year to Rs 2,226 crore.

RVNL

In a regulatory report, HPSEBL announced that it was the Lowest Bidder (L1) for the "Development of Distribution Infrastructure at CENTRAL ZONE of Himachal Pradesh under the Revamped Reforms-based and Results-linked Distribution Sector Scheme."

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PNB Housing

Carlyle Group's Quality Investment Holdings PCC is expected to sell up to 6.4% of its stake in the housing finance company. The worth of the offer size is ₹1,255.6 crore and the starting price is ₹755 per share.

HPCL

The petroleum company reported in the first quarter a drop of 94.2% year-over-year to ₹355.8 crore because of low marketing margins on its goods and low refining margins. The company also made a net profit of ₹6,203.9 crore in the same quarter.

ACC

The cement company noted that in the first quarter, the company made a net profit of 22.8% year-over-year to ₹359.7 crore which is less than what the company earned during the same quarter last year.

Kalpataru Projects

In the first quarter, the company reported a drop of 26% year-over-year to Rs 84 crore in its net profit. In the quarter, the total income of the company went up by Rs 4,609 crore from Rs 4,259 crore last year.

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