Stocks to Watch on Monday, July 28: TCS, SAIL, BEML, IDFC FIRST Bank, Wipro, And Others

As the markets head into Monday, July 28, several stocks are expected to remain in focus, including Tata Consultancy Services (TCS), Tata Chemicals, Steel Authority of India Ltd (SAIL), BEML, IDFC First Bank, and more.

On Friday, July 25, the stock market saw a significant drop. The Sensex fell by 721 points, closing at 81,463, while the Nifty dropped by 225.10 points, ending at 24,837. This decline was mainly due to heavy selling in financial, IT, and oil & gas stocks.

Company Updates:

Tata Consultancy Services (TCS):

TCS shares will remain in focus after the company announced plans to reduce its workforce by 2% in its 2026 financial year. This move is expected to result in around 12,200 job cuts from its workforce of over 613,000 employees. The company stated that the reduction is part of its effort to deploy more artificial intelligence (AI) technologies, streamline operations, and navigate an uncertain demand outlook.

BEML (Bharat Earth Movers Limited):

BEML has entered into a strategic Memorandum of Understanding (MoU) with Hindustan Shipyard Limited (HSL) to co-develop advanced marine systems. The collaboration focuses on the design, manufacturing, and lifecycle support of these systems. This partnership signals BEML's ambition to expand its footprint into the marine and defense sectors.

Tata Communications:

Tata Communications has received a demand notice of about Rs 7,827 crore from the Department of Telecom over adjusted gross revenue (AGR) dues from 2005-06 to 2023-24. This legal issue could have an impact on the company's stock price, depending on how it resolves the matter.

Q1 Results Declared On July 25:

Tata Chemicals:

Tata Chemicals reported a strong performance with an 80.57% rise in net profit to Rs 316 crore for the quarter ending June 30, 2025. This was a significant increase from Rs 175 crore during the same period last year. However, its revenue saw a slight decline of nearly 2%, falling to Rs 3,719 crore, largely due to the closure of its Lostock operations in the UK.

Steel Authority of India Ltd (SAIL):

SAIL reported a massive 811% jump in its consolidated net profit to Rs 744.58 crore for Q1 FY26. This surge was driven by improved operational efficiency, strong sales growth, and better cash flow. The company's revenue also rose by 8% to Rs 26,083.90 crore.

IDFC First Bank:

IDFC First Bank's net profit declined by 32% to Rs 463 crore for Q1 FY26, compared to Rs 681 crore in the same period last year. The drop in profit was primarily due to an increase in slippages in its micro-finance book. However, the bank's total income increased to Rs 11,869 crore, indicating strong revenue growth.

Kotak Mahindra Bank:

Kotak Mahindra Bank reported a consolidated net profit of Rs 4,472 crore for Q1 FY26, which, although strong, marked a decrease from Rs 7,448 crore in the same quarter last year. Despite this drop, the bank's net interest income (NII) was Rs 7,249 crore.

Jammu & Kashmir Bank:

J&K Bank's net profit rose by 16.7% to Rs 484.84 crore for Q1 FY26, compared to Rs 415.49 crore in the same period of FY25. The bank also reported a 7% increase in net interest income (NII) and a 29% jump in other income, reaching Rs 250.30 crore.

Quarterly Results On July 28:

On Monday, a total of 92 companies listed on the BSE and NSE are set to announce their financial results for the first quarter ended June 30, 2025. Some of the major names include Adani Green Energy, Ajanta Pharma, Adani Total Gas, Bajaj Healthcare, Bharat Electronics Limited (BEL), Flair Writing Industries, Gail (India), IndusInd Bank, KEC International, and Mazagon Dock Shipbuilders.

Other important companies releasing their Q1 FY26 earnings on the same day include Motherson Sumi Wiring India, NTPC Green Energy, RailTel Corporation of India, Torrent Pharmaceuticals, TTK Prestige, and UPL Ltd. These companies are expected to influence market sentiment and could drive stock market movement on Monday.

Dividends:

Wipro, Cosmo First, Shyam Metalics and Energy, KPIT Technologies, DLF, CRISIL, and EIH Associated Hotels will be trading ex-dividend tomorrow on Monday, July 28, according to NSE Data.

While, Aeroflex Industries, Apar, Alembic Pharmaceuticals, Bosch, Eveready Industries India, GPT Healthcare, Punjab & Sind Bank, Rane Holdings, Resonance Specialties, Rane (Madras), SRF, Taparia Tools will have Monday, July 28, as the last day to buy shares to be eligible for dividend.

Disclaimer
The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.