Stocks to watch: Wipro, L&T Infotech, Sona Comstar, Bandhan Bank, HDFC AMC

Pidilite Industries announced the appointment of Sudhanshu Vats as the company's deputy managing director

Nifty futures on Singapore Exchange traded 39.50 points higher at 15,961, indicating a firm start for the benchmark indices on Friday:

Here are the top stocks that are likely to be in limelight today:

Results Today: HDFC Asset Management Company, Den Networks, Just Dial and L&T Finance Holdings are among 19 companies that are slated to post their quarterly results today.

Wipro: The IT major surpassed its revenue guidance for the first quarter, which it hailed as its best ever, as it reported a 35.7 per cent year-on-year (YoY) increase in consolidated net profit to Rs 3,243 crore. Revenue grew 22.3 per cent YoY to Rs 18,525 crore and was up 12.4 per cent sequentially. READ HERE

L&T Infotech: The company reported a 19.3 per cent YoY rise in consolidated net profit to Rs 496.8 crore for the June 2021 quarter, and declared a special dividend of Rs 10 per share.

Bandhan Bank: The lender witnessed an 8 per cent rise in its loans and advances to Rs 80,128 crore in the June quarter this fiscal, as per provisional data. Compared sequentially, it was down by 8 per cent. Its total deposits grew by 28 per cent YoY to Rs 77,336 crore, while the CASA deposits jumped by 48 per cent.

Sona Comstar: The company has joined hands with Israel's IRP Nexus Group (IRP) to initiate a project to co-develop a new electric motor that would avoid usage of rare earth elements.

Cyient: The company on Thursday reported a 41.3 per cent YoY rise in consolidated net profit to Rs 115 crore for the April-June quarter of this year.

Pidilite Industries: Adhesive maker Pidilite Industries announced appointment of Sudhanshu Vats as the company's deputy managing director, effective from September 1, 2021. The company had registered a net profit of Rs 68.9 crore in the year-ago period.

Capri Global Capital: Sebi on Thursday exempted J J R Family Trust from making open offer following its proposed acquisition of shares in Capri Global Capital.

NMDC: The company proposed to offer up to 89 lakh shares to the eligible employees of the company at a price Rs 165.50 per share in an offer for sale from July 16 to July 18.

Havells India: CARE Ratings has reaffirmed AAA rating to the company’s long-term bank facilities. It has reaffirmed the A1+ rating to its short-term bank facilities and commercial paper.

Gati: The company transferred its 69.79 per cent equity holding in Gati Kausar India to Mandala Capital AG Ltd, a leading private equity firm focused on investments across the food value chain.

RPower: Reliance Power on Thursday said it has allotted 59.5 crore shares to Reliance Infrastructure. In a statement, Reliance Power said it has also allotted to its promoter company 73 crore warrants.

Mindspace Business Parks REIT: CRISIL assigned 'AAA/Stable' to non-convertible debentures of Mindspace Business Parks REIT of upto Rs 175 crore.

Xelpmoc Design and Tech: The company approved raising of funds by issuing up to 7,20,000 equity shares at an issue price of Rs 375 per share aggregating up to Rs 27 crore on a preferential allotment basis.