Reliance Industries, Grasim, Ambuja Cements, Rallis India, and other stocks are featured in the news.

Following a decline in the opening trading on Tuesday despite a mixed trend in the international markets, benchmark indexes closed the session in the green for the third straight session. Nifty rose 62.05 points to conclude at 16,340, and the Sensex increased 246.47 points to finish at 54,767.62. The top Sensex gainers, with gains of up to 2.35 percent, were Axis Bank, Mahindra & Mahindra, Bajaj Finserv, IndusInd Bank, Tata Steel, UltraTech Cement, and State Bank of India. The top Sensex decliners, down up to 1.37 percent, included Nestle India, HCL Technologies, Sun Pharma, Kotak Mahindra Bank, Infosys, Dr. Reddy's, and Asian Paints.

Here are some stocks that are anticipated to continue receiving news coverage today.

Grasim: The company intends to invest roughly Rs 2,000 crore over the next five years in the B2B e-commerce platform for the construction materials sector.

Ambuja Cements: Due to rising fuel prices and their associated inflationary effects, net profit fell by 25.46% to Rs. 865.44 crore in the second quarter. The business, which uses a January-December fiscal year, reported a net profit of Rs 1,161.16 crore in the corresponding period last year.

Reliance Industries: The government has reduced the windfall tax on the shipping of diesel and aviation fuel by 2 rupees per litre.

Rallis India: The Tata Chemicals subsidiary recorded a fall in net profit of 18.13% to Rs. 67.47 crore for the quarter ending in June. In the same quarter of the prior fiscal year, the company's net profit totaled Rs 82.42 crore.

Telecom stocks: According to the Telecom Regulatory Authority of India, Mukesh Ambani-led Reliance Jio added a staggering 31 lakh mobile users in May, while Sunil Mittal-led Bharti Airtel added 10.27 lakh subscribers during the same time period (TRAI). In May, Vodafone Idea lost 7.59 lakh customers. In comparison to BSNL, which had 11.28 crore subscribers as of May, Vodafone Idea had a total of 25.84 crore users. While this was happening, MTNL registered 3.24 crore subscribers.

HDFC Life: The private life insurer saw a 21% increase in net profit for the June quarter 2022–2023 at Rs 365 crore, aided by topline growth and a higher renewal ratio. When combined with first-year premium income, the total premium increased by 27% to Rs 4,776 crore during the quarter from Rs 7,656 crore a year earlier.

Vedanta: The world's largest mining company announced that its board had approved a second interim dividend for the current fiscal year of Rs 19.50 per equity share. The entire payout would be $7,250 billion. The 27th of July is the record date for dividend payment purposes. The interim dividend will be paid in accordance with the legal deadlines.

L&T Finance Holdings: On the strength of its highest-ever quarterly retail disbursements, the financial player reported a 47% increase in net profit at Rs 261 crore in Q1. In the three months that ended in June 2021, the non-banking financial institution posted a net profit of Rs 177 crore.

Canara Bank: This month, the state-owned institution raised Rs 2,000 crore by issuing extra tier I bonds that complied with Basel III. On July 15, 2022, the bank announced the issuing of Rs 2,000 crore in new tier-I bonds.