Stocks to Watch on July 22: Dixon Tech, Paytm, Colgate‑Palmolive, SBI, Zensar Tech, IREDA & More

The GIFT Nifty futures indicate a strong start for the Indian market today, with Nifty50 likely opening around 56 points higher.

Focus Stocks for July 22

These are the names in the spotlight today, driven by Q1 earnings, corporate actions, and sector developments:

Dixon Technologies, Paytm, Colgate-Palmolive, SBI, Zensar Tech, IREDA, PNB Housing Finance, Havells, and IRFC are expected to see increased trading interest.

Corporate & Earnings Highlights

• Earnings Watch: Around 52 firms, including Dixon, Colgate‑Palmolive, Paytm, Zensar Tech, and IRFC, are scheduled to report Q1 results today.
• IREDA announced it intends to raise ₹2,500–3,000 crore via a QIP, trimming government stake by ~3.76%. The firm revealed a ₹700 crore exposure to Gensol Engineering and has recovered just over ₹100 crore from guarantees and FDs.
• Havells India reported a 14.3% drop in consolidated net profit to ₹352.34 crore in Q1 2025–26, attributing the decline to weak summer demand. Revenue fell 6.2%, while operating expenses also dropped by 5.45%.
• PNB Housing Finance posted a robust 23% YoY net profit gain to ₹534 crore in Q1, supported by year-over-year income growth from ₹1,739 crore to ₹1,980 crore.
• Cipla signed definitive agreements to invest in iCaltech Innovations, a diagnostic medical-device firm focused on respiratory care; no financial details were disclosed.
• Brigade Enterprises acquired a 20.19-acre parcel in Bengaluru’s Whitefield region for ₹588.33 crore, aiming to create a housing-cum-commercial project with potential revenue of ₹5,200 crore.
• Titan Company announced its subsidiary will purchase a 67% stake in UAE-based Damas Jewellery for AED 1,038 million (~₹2,438.6 crore), expanding its GCC footprint across 146 stores.
• LIC increased its holdings in SBI by 0.28%, infusing ₹5,000 crore through a QIP, taking its stake to ~9.49%. SBI itself raised ₹25,000 crore via QIP.
• BLS E-Services partnered with Delhivery to provide parcel delivery via 142,000 touchpoints, expanding reach across 10,000+ pincodes and 700+ districts.
• Oberoi Realty recorded a 28% decline in consolidated net profit to ₹421.25 crore in Q1. It generated ₹1,074 crore in revenue and declared an interim dividend of ₹2 per share

The market is expected to open positively with a healthy gap-up indicated by futures.

Q1 results from key players like Dixon, Paytm, Havells, and PNB Housing will likely influence market direction.

Major corporate actions such as IREDA’s fundraise, LIC's stake increase in SBI, and Bridge Enterprises’ real estate deal may drive stock-specific moves.