Stocks in Focus: Your Guide to Infosys, Dr. Reddy's, Tata Consumer & More on July 24

The Indian stock market is buzzing today, July 24, 2025, with several prominent companies making headlines due to their latest quarterly earnings and strategic business announcements. Investors are closely watching the performance of IT major Infosys, pharmaceutical giant Dr. Reddy's Laboratories, and consumer goods leader Tata Consumer Products, among others.

Key Highlights Driving Today's Market:

♦ Infosys Surges with Strong Q1 Results: India's second-largest IT services firm, Infosys, reported an impressive 8.7% year-on-year (YoY) increase in consolidated profit to ₹6,921 crore for the first quarter of FY26. Revenue also saw a robust 7.5% jump to ₹42,279 crore. The company has further fueled optimism by raising its constant currency revenue growth guidance for FY26 to 1-3%, up from the previous 0-3%. This strong performance is partly attributed to significant deal wins and robust growth in the European market.

♦ Dr. Reddy's Labs Sees Revenue Growth Amidst North American Decline: While Dr. Reddy's Laboratories achieved its highest-ever quarterly revenues with an 11.4% YoY increase to ₹8,545.2 crore, its consolidated profit saw a marginal 1.9% rise to ₹1,417.8 crore. Notably, North American sales experienced an 11% decline, primarily due to increased pricing pressure on certain key products, including Lenalidomide. However, strong growth in European and Indian markets helped offset this decline.

♦ Tata Consumer Products Posts Double-Digit Profit and Revenue Growth: Tata Consumer Products delivered a strong performance, with its consolidated profit surging 15% to ₹334.2 crore and revenue growing 9.8% to ₹4,778.9 crore. This growth was largely driven by robust performance in its core Indian tea and salt businesses.

♦ Strategic Acquisitions and Funding Initiatives: Beyond earnings, several companies are in focus due to significant strategic moves. Tilaknagar Industries announced the acquisition of Pernod Ricard India's Imperial Blue business for ₹4,150 crore, marking a major expansion. Natco Pharma is set to acquire a 35.75% stake in South Africa's Adcock Ingram Holdings for ₹2,000 crore, alongside establishing a new subsidiary in the region. IndusInd Bank received approvals to raise up to ₹30,000 crore through debt and equity, indicating growth ambitions.

♦ Other Notable Earners: Several other companies announced their Q1 results, including Bajaj Housing Finance (profit up 20.7%), Persistent Systems (profit up 38.7%), Cigniti Technologies (profit surged 527.6% due to absence of exceptional loss), and Force Motors (profit zoomed 52.4%).

Today's Earnings Schedule:

A significant number of companies are scheduled to release their quarterly earnings today, July 24. These include: Bajaj Finance, Nestle India, SBI Life Insurance Company, Canara Bank, ACC, Aditya Birla Sun Life AMC, Adani Energy Solutions, APL Apollo Tubes, CG Power and Industrial Solutions, Coromandel International, Cyient, Hexaware Technologies, Indian Energy Exchange, Indian Bank, Motilal Oswal Financial Services, Mphasis, REC, Tanla Platforms, Trident, Ujjivan Small Finance Bank, and UTI Asset Management Company. Their results will likely influence market sentiment throughout the day.

Invesment Activity and Ex-Dates:

Bulk deals saw Invesco Developing Markets Fund selling stakes in Lodha Developers and Oberoi Realty, while SBI Mutual Fund acquired a stake in Oberoi Realty. Plutus Wealth Management LLP increased its holding in SpiceJet. Several stocks, including Hero MotoCorp, Cholamandalam Investment and Finance Company, and Crompton Greaves Consumer Electricals, are trading ex-dividend today.

Investors should remain attentive to individual company performances and broader market trends as these announcements unfold.