Stocks to Watch Today: Bajaj Finance, SBI Life, REC, KFin Tech, Phoenix Mills
The Indian stock market is set to witness significant movements today, with several companies announcing their Q1 results and major corporate actions. Here are the key stocks to watch:
Bajaj Finance
Bajaj Finance, the largest non-banking finance company in India, has reported a 22% rise in net profit to Rs 4,765 crore for the quarter ended June 30, 2025. The company’s net interest income rose 21% to Rs 12,610 crore, while gross non-performing assets (GNPA) ratio rose to 1.03%.
SBI Life
SBI Life Insurance Company, the life insurance arm of State Bank of India, has reported a 14.4% rise in net profit to Rs 594 crore for the quarter ended June 30, 2025. The company’s net premium income rose 13.7% to Rs 17,179 crore, while solvency ratio remained flat at 1.96%.
REC
Rural Electrification Corporation (REC), a Navratna public sector enterprise, has reported a 29% rise in net profit to Rs 4,466 crore for the quarter ended June 30, 2025. The company’s net interest income rose 17% to Rs 5,258 crore, while gross credit impaired assets (GCIA) ratio fell to 1.05%.
KFin Tech
KFin Tech, a leading fintech company, has reported a 14% rise in net profit to Rs 77.26 crore for the quarter ended June 30, 2025. The company’s revenue rose 15.4% to Rs 274.06 crore, while EBITDA margin remained flat at 41.5%.
Phoenix Mills
Phoenix Mills, a leading real estate developer, has reported a 3.5% rise in net profit to Rs 241 crore for the quarter ended June 30, 2025. The company’s revenue rose 5.4% to Rs 953 crore, while EBITDA margin rose to 59.2%.
These stocks are expected to be in the limelight today, with investors keenly watching their Q1 results and major corporate actions. The Indian stock market is likely to remain volatile, with the Nifty and Sensex indices potentially witnessing significant movements.
