Stocks to Watch Today, Friday, July 31, 2026: Vedanta, Tata Steel, Bajaj Finance, AWL Agri Business and IIFL Finance 

Mumbai, July 31: Five stocks are in focus on Friday, from Vedanta’s sharp June-quarter profit jump and CEO reappointment to Fairfax paring its stake in IIFL Finance. Here’s what’s driving each stock and what to track through the day. 

Vedanta (VEDL): Profit jumps 72% YoY to Rs 5,473 crore; re-appoints Arun Misra as CEO 

Vedanta reported a 71.8 per cent year-on-year rise in consolidated profit attributable to owners to Rs 5,473 crore for the June quarter of FY27, up from Rs 3,185 crore in the corresponding quarter last year. Total revenue from operations climbed 53.6 per cent year on year to Rs 24,205 crore from Rs 15,754 crore, while EBITDA nearly doubled to Rs 8,501 crore from Rs 4,276 crore, with margins expanding around 800 basis points to 35.1 per cent. The cost of materials consumed, among the company’s key expenses, rose 37 per cent year on year to Rs 8,670 crore. Alongside the results, the company announced the re-appointment of Arun Misra as an executive director, designating him Chief Executive Officer for a one-year term effective August 1, 2026, subject to shareholder approval, even as it separately flagged a proposed demerger of its real estate business into a standalone entity. Investors will track further details on the realty demerger timeline and structure, along with commentary on production volumes and cost trends across the group’s mining and metals verticals. 

Tata Steel (TATASTEEL): Net profit rises 11.6% YoY to Rs 2,318 crore 

Tata Steel posted a consolidated net profit of Rs 2,318.4 crore for the June quarter, up 11.6 per cent year on year from Rs 2,077.7 crore in the same period last year. The steelmaker’s performance comes against a backdrop of firming domestic steel prices and continued volatility in global metal markets, making its commentary on realisations and input costs closely watched by the Street. Investors will focus on updates on capacity utilisation at its European operations and the demand outlook for the rest of FY27. 

Bajaj Finance (BAJFINANCE): Profit soars 28% YoY to Rs 6,081 crore on strong NII growth 

Bajaj Finance reported a 27.6 per cent year-on-year jump in consolidated net profit to Rs 6,081 crore for the June quarter, compared with Rs 4,765 crore a year earlier. Net interest income rose 22.9 per cent year on year to Rs 12,571 crore from Rs 10,228 crore, reflecting continued strength in the non-bank lender’s loan book. As one of India’s largest diversified NBFCs, the company’s results are tracked closely as a bellwether for consumer credit demand and asset quality trends across the lending space. Investors will watch commentary on loan growth guidance, margin trends and asset quality for the rest of the fiscal year. 

AWL Agri Business (AWL): Profit surges 48% YoY to Rs 350 crore; names Pankaj Goyal as CFO 

AWL Agri Business reported a 48.2 per cent year-on-year rise in consolidated net profit to Rs 350.3 crore for the June quarter, up from Rs 236.4 crore a year earlier, while revenue grew 17.5 per cent year on year to Rs 20,048.1 crore from Rs 17,058.7 crore. The edible oils and foods major also announced the appointment of Pankaj Goyal as Chief Financial Officer, effective July 31. Investors will track commentary on edible oil price trends, volume growth across the food and FMCG portfolio, and the transition timeline for the new finance chief. 

IIFL Finance (IIFL): Fairfax-backed FIH Mauritius trims stake via Rs 374 crore block deal 

FIH Mauritius Investments, part of the Fairfax group, sold 63.39 lakh shares, or a 1.49 per cent stake, in IIFL Finance for Rs 374.02 crore, with shares changing hands at Rs 590 apiece. Following the transaction, Fairfax’s holding in the non-bank lender is expected to decline from 15.18 per cent based on the June 2026 shareholding pattern. Buyers included American Funds Insurance Series Global Small Capitalization Fund, which picked up 1.66 lakh shares, or a 0.04 per cent stake, for Rs 9.8 crore, and the Capital Group-backed Smallcap World Fund, which acquired 61.73 lakh shares, or 1.45 per cent, for Rs 364.2 crore. Investors will watch for further clarity from the company on the block deal and any additional stake movements by anchor investors in the sessions ahead. 

Source

• BSE
• NSE
• company filings
• PTI