Stocks to Watch Today: Earnings, Ex-Dividends, F&O Bans, Key Deals

Market News Desk — Fri, 25 Jul 2025 12:26:59 +0000

This article was originally published on Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Indian equities on 25 July will track a heavy results slate, sharp earnings beats and misses, big-ticket deals, and corporate actions. Stocks in focus include Sun Pharma, eClerx Services, Indian Energy Exchange (IEX), Anant Raj, REC, Aether Industries, Larsen & Toubro, Enviro Infra Engineers, GR Infraprojects and Adani Enterprises. Banks and lenders such as Bank of Baroda, Kotak Mahindra Bank, IDFC First Bank, SBI Cards and HDFC Bank are on the radar for earnings and corporate actions. Near-term market tone may be influenced by blockbuster subscription in recent IPOs, elevated F&O ban lists, and a long ex-dividend line-up that could drive stock-specific volatility.

Indian markets open to a dense earnings calendar, strong order wins, stake sales, and ex-dividend adjustments that could fuel significant stock-specific moves.

Quarterly earnings – key reported numbers (YoY, consolidated where stated)

Snapshot of notable prints filed up to July 24

Company	Revenue (₹ cr)	YoY %	Profit (₹ cr)	YoY %	Key Metric / Comment
eClerx Services	934.6	19.5	141.6	26.4	Broad-based growth lifts profitability
eMudhra	147.3	59.3	24.9	39.4	Announces 100% acquisition of AI Cyber Forge Inc (USA)
Karur Vysya Bank	1,080	5.0	521	14.0	GNPA 0.66% (QoQ down), NNPA 0.19%
IEX	141.8	14.7	120.7	25.2	Power volumes lift operating leverage
Tanla Platforms	1,040.7	3.8	118.4	-16.2	Margin compression dents profitability
Phoenix Mills	953.0	5.4	240.7	3.5	Buying 49% in Island Star Mall Developers for ₹5,449 cr
Anant Raj	592.4	25.6	125.9	38.3	Real estate momentum sustains earnings
Johnson Controls–Hitachi AC India	852.6	-14.4	15.3	-57.8	Sharp profit contraction
KFin Technologies	274.0	15.4	77.3	13.5	Healthy platform operating metrics
Suryoday SFB	247.0	-15.7	35.0	-50.0	GNPA 8.5%, NNPA 5.6% (QoQ rise)
Cyient	1,711.8	2.2	153.8	6.9	Modest growth, steady profitability
Trident	1,706.9	-2.0	140.0	89.8	Profit jump despite lower revenue
REC	14,737.5	12.7	4,465.7	29.0	Earnings scale with AUM growth, spreads stable
UTI AMC	546.9	3.3	236.9	-6.8	Profit softer despite higher revenue
Aether Industries	256.1	42.3	47.0	57.1	Specialty chem margin expansion

Results due today (July 25): Shriram Finance, Bajaj Finserv, Cipla, Bank of Baroda, Aadhar Housing Finance, ACME Solar Holdings, GMDC, Laurus Labs, Paras Defence, Petronet LNG, Poonawalla Fincorp, SAIL, SBI Cards, Sobha, Tata Chemicals.
Due July 26: Kotak Mahindra Bank, IDFC First Bank, Balkrishna Industries, SBFC Finance, Whirlpool of India, among others.

Deals, orders & strategic actions

Company	Update	Estimated Value
Larsen & Toubro / Torrent Power	Talks reportedly ongoing for sale of L&T’s thermal unit	~$1 bn (incl. debt)
Sun Pharma	Settlement in US generic pricing litigation; to pay $200 mn for full release	$200 mn
Enviro Infra Engineers	EPC order from BWSSB for STPs & reuse infra	₹221.3 cr
GR Infraprojects	L-1 for Giridih Bypass (towards Tundi), Jharkhand (EPC)	₹290.23 cr
Adani Enterprises	To divest 50% in Kutch Copper Tubes to MetTube Mauritius; to buy 50% in MetTube Copper India	Strategic JV for HVAC copper tubes

Bulk deals (previous session)

Indian Energy Exchange: 60 lakh shares sold at ₹131.5.
Kajaria Ceramics: 12.5 lakh shares bought at ₹1,180.
Kilburn Engineering: 7.56 lakh shares bought at ₹505.

Corporate actions driving tape risk

Trade ex-dividend today:

HDFC Bank, UltraTech Cement, Union Bank of India, Zydus Lifesciences, Divi’s Laboratories, Life Insurance Corporation of India, Lupin, Jubilant Ingrevia, Jubilant Pharmova, KEC International, 3M India, Abbott India, Akzo Nobel India, ICRA, Info Edge (India), Tube Investments of India, Timken India, and many others.

Ex-rights: Jtekt India
Stock split ex-date: Kellton Tech Solutions, RIR Power Electronics
Ex-bonus: Shine Fashions (India)
Resolution plan – suspension: Taaza International

Derivatives monitor

Segment	Status
F&O ban	Indian Energy Exchange, RBL Bank
Out of F&O ban	Bandhan Bank

What to watch tactically

Heavyweight earnings (financials, pharma, specialty chem) could swing sectoral indices.
Order wins & settlements (L&T/Torrent Power, Sun Pharma) may trigger re-ratings.
Ex-dividend basket may see price adjustments; income-focused portfolios should track record dates closely.
Power exchanges, infra EPC, and capex-linked names remain momentum pockets amid robust order intake and improving spreads.

Credit cost trajectory in lenders reporting today/tomorrow will be dissected for early stress signals ahead of H2FY26 guidance.

Enviro Infra Engineers – Wittiya