Stocks to Watch: PNB Housing Finance, Oberoi Realty, Bajaj Finance, UltraTech Cement and more

Bajaj Finance | The company announced that Anup Kumar Saha has resigned as managing director and director on the board of the company due to personal reasons. The board of directors accepted his resignation, effective from the close of business hours on the same day. Following his resignation, Saha also ceased to be a key managerial personnel. In the interest of continuity of management, the board, based on the recommendation of the Nomination and Remuneration Committee, has re-designated Rajeev Jain as vice-chairman and managing director of the company.

UltraTech Cement | Kumar Mangalam Birla’s cement venture is miles ahead of its closest competition, controlled by another billionaire, Gautam Adani. The Aditya Birla Group plans to maintain the lead with further expansion. UltraTech Cement’s management plans to spend ₹2,000 crore in capital expansion every quarter. The country’s biggest cement maker. At least 10 million tonnes of new capacity will be commissioned before March 2026, executives told analysts on July 21.

360 One WAM | BC Asia Investments X Ltd is likely to sell around 1.5 crore shares, or a 3.7% stake, in wealth and asset management firm 360 One WAM Ltd through a block deal, according to sources. The offer size is pegged at ₹1,740 crore, with a floor price of ₹1,160 per share, representing a nearly 5% discount to the stock’s closing price of ₹1,221.20 on Monday.

Dhanlaxmi Bank | Thrissur-based lender reported a net profit of ₹12.18 crore for the first quarter that ended June 30, 2025. In the corresponding quarter of the previous fiscal, Dhanlaxmi Bank posted a net loss of ₹8 crore. Net interest income (NII), which is the difference between the interest income a bank earns from its lending activities and the interest it pays to depositors, jumped 39.3%, coming at ₹139 crore against ₹99.89 crore in the corresponding quarter of FY25.

DCM Shriram | Leading chlor alkali manufacturer reported a 13% year-on-year rise in net profit to ₹113 crore for the quarter ended June 30, compared with ₹100 crore in the same period last year. The company had reported a consolidated net profit of ₹178.9 crore in the quarter ended March 31, 2025. Revenue rose 12.4% to ₹3,455 crore, up from ₹3,037 crore a year earlier, the company said in a regulatory filing. For the March quarter, DCM Shriram’s revenue came in at ₹2,876.7 crore.

CIE Automotive | Automotive component supplier reported a 6.2% year-on-year (YoY) dip in net profit at ₹203.5 crore for the first quarter over ₹217 crore in Q1FY25. The company’s revenue from operations fell 4.1% to ₹2,369 crore from ₹2,293 crore last year. At the operating level, EBITDA declined 6.4% to ₹337.6 crore from ₹360.6 crore in the same quarter last year. The EBITDA margin contracted to 14.2% from 15.7% YoY.

Afcons Infrastructure | Shapoorji Pallonji group said it has been declared the lowest bidder by HŽ Infrastruktura d.o.o. (HŽ Infrastructure Ltd) for a railway rehabilitation and construction project in the Republic of Croatia. The project involves the reconstruction of the existing track and construction of a second one on the Dugo Selo-Novska railway line, including overhead electrification and signalling & telecommunication works. The estimated value of the contract, excluding VAT, is €677,071,899.78, equivalent to approximately ₹6,800 crore.

Havells India | Revenue for the quarter fell by 6.2% from the year-ago period to ₹5,438 crore. The CNBC-TV18 poll had projected the figure to be ₹5,767 crore. The drag in topline came from the Electrical Consumer Durables, and Lloyd Consumer business. Revenue from the Electrical Consumer business fell to ₹906 crore from ₹1,055 crore last year, while Lloyd Consumer business revenue fell 35% from the year-ago period to ₹1,262 crore from ₹1,924 crore. Analysts were expecting a decline of 20% for the Lloyd’s business.