Top Stocks to Watch on July 25: L&T, Axis Bank, JSPL, SBI Life, Indraprastha Gas, RBL Bank, BSE, Nestle, Canara Bk

Top Stocks to Watch on July 25

Top Stocks to Watch on July 25: In the stock market, a lot of top stocks are giving a higher return while some of them are trading in red.

Let’s check out the top stocks that you can invest in today on July 25 and give you higher gains.

At 10:45, GIFT Nifty futures are trading at 24, 301 with an increase of 0.21%.

Larsen & Toubro's combined net profit went up by 12% to ₹2,786 crore because of large sales. In the first quarter, the company made around ₹55,120 crore in sales which is 15 percent more than the previous year's revenues.

Axis Banks' net profit increased by 4% to ₹6,035 crore because of an increase in interest income. In the April to June 2023–24 quarter, the net profit of Axis Banks was around ₹5,797 crore, and in the first quarter, the company made ₹30,060 crore in interest income.

Jindal Steel and Power in the first quarter made a net profit of around ₹1,337 crore which is 21% less than the previous year's net profit. In the same year, the company made around a net profit of ₹1,691.8 crore.

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SBI Life Insurance's net profit increased by 36.48% year-over-year to ₹520 crore in the June 2024 quarter. In the April-June quarter, SBI Life Insurance made around ₹381 crore.

Indraprastha Gas is among the biggest gas operators and its net profit dropped by 8% year-over-year to ₹401 crore in the first quarter. But the company made in the same quarter a net profit of ₹438.40 crore and its sales went up by 3%.

CNBC TV 18 reported that RBL Bank is expected to sell its shares in a private sector lender through block deals. The starting price of per share will be Rs 226 with a 5% discount.

Nestle SA is expected to grow by at least 3% and in the first quarter the company made revenue increased by 2.1%.

Also Read: Top Stocks To Watch On July 24: Asian Paints, HUL, Bajaj Finance, Axis Bank, REL, DCM Shriram