Overnight Digest: Stocks to look out for on July 31

The stocks that are likely to witness significant movement on the bourses on July 31 are HDFC Ltd, Tech Mahindra, Solar Industries, Thomas Cook and Cadila Healthcare. 

HDFC Ltd. : HDFC Ltd has reported a 54 per cent growth in standalone net profit at Rs 2,190 crore for the first quarter ended June 2018-19. They had registered a net profit of Rs 1,424.47 crore in the April-June quarter of the last fiscal year. The stock will be watched on Tuesday. 

Tech Mahindra : Tech Mahindra Ltd.’s has reported that profit has met estimates even though it fell for the first time in five quarters. The company reported a net profit of Rs 897.8 crore in the three months ended June, a 26 percent decline from the previous quarter, according to its exchange filing. The stock will be in focus on Tuesday. 

Solar Industries : The company has posted a 21.78 per cent jump in net profit at Rs.72.92 crores for the 3 months period ended June 30, 2018 as against Rs.59.88 crores for the 3 months period ended June 30, 2017. The results are most likely to keep the stock in focus on Tuesday. 

Thomas Cook : The company has announced to the bourses on strengthening its presence in Karnataka with the inauguration of a new outlet- at Udupi. The new outlet- in Udupi will offer consumers end-to-end travel solutions with a bouquet of travel and travel related financial services, including: International & Domestic Holidays as well as Travel Insurance. The stock will be watched on Tuesday 

Cadila Healthcare : Zydus Cadila today has anounced that they have received tentative approval from the USFDA to market Vardenafil Hydrochloride tablets used for treatment of erectile dysfunction in the American market. The stock will be in focus on Tuesday.