Indian stock market focuses on earnings of Tata Capital, LIC and Phoenix Mills

Investors are watching a slate of Indian companies as they release their June quarter (Q1 FY27) results. Strong profit growth was reported by Birlasoft (+51.2% YoY) and Larsen & Toubro (+14% YoY), while Sanofi Consumer Healthcare India posted a 13.3% profit increase. Other stocks in focus include Tata Capital, Varun Beverages, Phoenix Mills, VST Industries, Life Insurance Corporation of India (LIC), Adani Enterprises, Adani Ports, Asian Paints and Bajaj Housing Finance.

Additional firms highlighted for their quarterly performance are Eicher Motors (+21.4% profit YoY), Dabur (+15.3% profit YoY), MOIL (+70.1% profit YoY), Vedanta Oil & Gas (recording a profit of ₹945 crore after a loss) and Vedanta Iron & Steel (returning to profit after a large prior loss). Market participants will gauge the results for potential price moves in the upcoming trading session.