Top Stocks To Watch On July 29: ICICI Bank, PNB, Dr Reddy's, NTPC, BHEL, SBI Card, Paytm, IndiGo

Top Stocks To Watch On July 29

Top Stocks To Watch On July 29: On July 29, 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.

Some of these types of stocks are ICICI Bank, PNB, Dr Reddy's, NTPC, BHEL, SBI Card, Paytm, IndiGo and many others:

Top Stocks To Watch On July 29

Let’s take a look at the stocks that you should watch today:

ICICI Bank

The ICICI Bank has reported that its NIM went down to 4.36% but its net interest income (NII) has increased by 7.3% year-over-year to Rs 19,552.9 crore.

In the April to June quarter, the net profit of the private lender for the three months increased by 14.6% year-over-year to Rs 11,059.1 core.

PNB

Punjab National Bank reported that in the June quarter, its net interest income (NII) rose 10.2% year-over-year to Rs 10,476.2 crore. The bank made the highest quarterly profit of Rs 3251.5 crore because of the net interest income, recovery, and CASA.

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Dr Reddy

Dr Reddy reported that in the June quarter, its quarterly net profit went down to ₹1,392 crore but its revenue increased by 7% to Rs 7,672 crore, the company made 14% higher income than last year in the same quarter.

NTPC

India's largest integrated power company reported in the April to June quarter the company revenue increased by 13.5% year-on-year to ₹44,419 crore. CNBC TV 18 reported that in the first quarter of FY25, the company made ₹4,511 crore, an 11% higher income than the same quarter last year.

BHEL

CNBC TV 18 reported that Bharat Heavy Electricals Limited has received an offer from the Damodar Valley Corporation (DVC) to build the 2x800 MW Koderma phase-II thermal power station in Jharkhand's Koderma district. The project will be worth more than ₹10 billion excluding taxes and other fees.

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SBI Card

As per the reports, in the first quarter of FY25, the credit card company made a higher net profit of ₹594.5 crore and its operating income rose by 11.4% to ₹4,358.6 crore.

Paytm

On Friday, as per the reports from the PTI, the inter-ministerial panel that looks over the investment with China has not yet agreed with the company scheme to invest money in its payment aggregator arm.

IndiGo

IndiGo reported that its net profit fell by 11.7% to Rs 2,728.8 crore, in the first quarter of FY25 because of higher exchange rates, fuel costs, and repair costs. In the same quarter, last year the company made Rs 3,090.6 crore.

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