Stocks To Watch Today: ICICI Bank, Infosys, JSW Steel, Kotak Mahindra Bank, RIL, Yes Bank

Global stocks and US equity futures fell on Monday, dragged by prolonged weakness in global economy.

Asian equity bourses were volatile, including a decline in Japan and uptick in South Korea. S&P 500 and Nasdaq 100 contracts fluctuated, while those for Europe were in the red.

At 6:45 am, the Singapore-traded SGX Nifty -- an early barometer of India's benchmark Nifty 50 -- fell 0.36% to 16,6464.50 points.

A dollar gauge rose, crude oil hovered around $95/barrel and Bitcoin fell towards $22,000.

Stocks To Watch

• GAIL India: To consider issuance of bonus shares on July 27.

• Vodafone Idea: The company has appointed CFO Akshaya Moondra as CEO for a period of three years, effective Aug. 19. Ravinder Takkar will end his term on Aug. 18.

• Tata Motors: The company has received an order to supply 1,500 electric buses to Delhi Transport Corporation via a larger tender by state-run Convergence Energy Services.

• Bharat Electronics: The company signed a contract with the Ministry of Defence, Government of India, worth Rs 250 crore for supply of nine Integrated ASW Complex MOD ‘C’ Systems--an anti-submarine warfare system for all surface ships of the Indian Navy.

• Finolex Industries: The company has appointed Ajit Venkataraman as chief executive officer, effective Aug. 1.

• SMS Pharmaceuticals: The company has received CEP approval for Ibuprofen from European Directorate for the Quality of Medicines & Healthcare.

Earnings Post Market Hours

RIL Q1 FY23 (Consolidated, QoQ)

• Revenue up 7.5% at Rs 2,23,113 crore

• EBITDA up 21% at Rs 37,997 crore

• EBITDA margin at 17.3% vs 15.1%

• Net profit up 8% at Rs 19,443 crore

Infosys Q1 FY23 (Consolidated, QoQ)

• Revenue up 7% at Rs 34,470 crore

• EBIT down 0.6% at Rs 6,914 crore

• EBIT margin at 20% vs 21.5%

• Net profit down 5.7% at Rs 5,360 crore

JSW Steel Q1 FY23 (Consolidated, YoY)

• Revenue up 32% at Rs 38,086 crore

• EBITDA down 58% at Rs 4,309 crore

• EBITDA margin at 11.3% vs 35.5%

• Net profit down 86% at Rs 838 crore

Finolex Industries Q1 FY23 (Consolidated, YoY)

• Revenue up 23% at Rs 1,189.81 crore

• EBITDA down 40% at Rs 125.91 crore

• EBITDA margin at 10.6% vs 21.7%

• Net profit down 32% at Rs 99.22 crore

HFCL Q1 FY23 (Consolidated, YoY)

• Revenue down 13% at Rs 1,051.02 crore

• EBITDA down 41% at Rs 109.84 crore

• EBITDA margin at 10.5% vs 15.5%

• Net profit down 42% at Rs 51.17 crore

Mahindra CIE Automotive Q1 FY23 (Consolidated, YoY)

• Revenue up 33% at Rs 2,707.2 crore

• EBITDA up 17% at Rs 304.42 crore

• EBITDA margin at 11.2% vs 12.7%

• Net profit up 39% at Rs 188.85 crore

Supreme Petrochem Q1 FY23 (Consolidated, YoY)

• Revenue up 42% at Rs 1,485.39 crore

• EBITDA up 27.5% at Rs 251.64 crore

• EBITDA margin at 17% vs 19%

• Net profit up 30% at Rs 189.09 crore

Earnings Today

Tata Steel, Tech Mahindra, Axis Bank, Canara Bank, GSK Pharma, Macrotech Developers, IIFL Wealth Management, Indian Energy Exchange, Craftsman Automation, Aether, Anupam Rasayan, Apollo Tricoat Tubes, Astec Lifesciences, Central Bank of India, Chennai Petroleum, Tejas Networks, Tanla Platforms, Supreme Industries, Sterlite Technologies, Sonata Software, Solar Industries, Sharda Cropchem, Orient Electric, Maharashtra Seamless, Maharashtra Scooters, Lakshmi Machine Works, KPIT Technologies, Jyothi Labs, Jindal Stainless

Insider Trades

• Just Dial: Ramani Iyer sold 8,300 shares between July 18 and July 19.

Who's Meeting Whom

• Maruti Suzuki: To meet analysts and investors on July 27.

• Gujarat Fluorochemicals: To meet analysts and investors on July 27.

• Aditya Birla Capital: To meet analysts and investors on August 3.

• Zydus Wellness: To meet analysts and investors on July 29.

• IIFL Finance: To meet analysts and investors on July 28.

• Shriram Transport: To meet analysts and investors on July 28.

• NIIT: To meet analysts and investors on July 28.

AGMs Today

• CreditAccess Grameen

• Brookfield India REIT

• Lakshmi Machine Works

• UTI Asset Management Co.

Trading Tweaks

• Ex-Date Dividend: Brigade Enterprises, Sharda Cropchem, Graphite India, Deepak Nitrite

• Ex-Date AGM: Thyrocare Technologies, Deepak Nitrite

• Record-Date Dividend: Supreme Petrochem

• Record-Date Annual General Meeting: Supreme Petrochem

• Move Out Of Short-Term ASM Framework: Bajaj Healthcare