The share market may see some action today with key updates from LIC, Titan, Bajaj Finance, and other companies. From stake increases and profit growth to new deals and business launches, these stocks could be in focus on July 22. Investors will be watching these moves closely in today’s trade.
Shares to Watch
LIC
LIC increased its stake in SBI from 9.21% to 9.49% through QIP at Rs 817 per share. This move reflects LIC’s continued confidence in the country’s largest public sector bank.
Bajaj Finance
Anup Kumar Saha resigned as MD, and Rajeev Jain was appointed Vice-Chairman and MD till March 2023. The company aims to maintain stability in leadership as it continues its growth journey.
PNB Housing Finance
The company reported a 23% jump in Q1 net profit to Rs 533.50 crore and a 14% rise in revenue to Rs 2,076 crore.
Eternal Limited
The company launched a new subsidiary, Blinkit Foods, to offer food preparation and delivery services.
Titan
Titan will acquire 67% of UAE-based Damas LLC for Rs 2,400 crore, with the deal expected to close by January 31, 2026.
