TECHM’s Quarterly Profit Grows ~28%, PTCIL Bags Landmark Order & More
- Share.Market
- 11 min read
- 17 Jul 2026
Here’s a quick wrap-up where we break down the performance of key indices, top corporate movers, and the major economic headlines of the day.
Ending the week on a positive note, Nifty 50 and Sensex ended in the green, closing over 1% higher on Friday, July 17. On the sectoral front, most indices ended higher, with Nifty Private Bank emerging as the top leader, while Nifty Pharma closed the day as the top sectoral loser.
Key Indices – Share Market
Today’s Top News from the Indian Share Market
TECHMTech Mahindra’s Q1 FY27 revenue reached ₹15,712 crores, up 4.2% QoQ and 17.7% YoY. EBIT surged 53.3% YoY to ₹2,264 crores, while profit after tax (PAT) grew 28.4% YoY to ₹1,465 crores.
JIOFINJio Financial Services’ Total income jumped 141% YoY to ₹1,496 crore, fueled by a 165% YoY increase in interest income to ₹962 crore in the first quarter of FY27. Consequently, profit surged 156% YoY to ₹830 crore.
360ONE360 One Wam reported a 20% YoY increase in Q1 FY27 total revenue to ₹870 crore, while PAT rose 14.8% YoY to ₹330 crore. Overall assets under management (AUM) reached ₹7,76,755 crore.
PTCILPTC Industries secured a landmark order from BrahMos Aerospace. The contract involves the development, integration, and supply of a strategic supersonic missile sub-system, marking PTC’s entry into high-value systems and sub-systems integration for advanced defence platforms.
HCLTECHHCL Technologies announced a seven-year agreement with Guardian Life Insurance for AI-powered modernisation. As part of the partnership, HCLTech will acquire Guardian India, integrating its nearly 2,000 employees into a newly established dedicated Strategic Business Unit.
HEXTHexaware Technologies partnered with Factory to bring agent-native software development to global enterprises. Hexaware deployed Factory’s Droid platform internally as “Customer Zero” and will now scale these software agents for clients across professional and financial services.
Broader Market Performance Today
INDIA VIXTop Performing Sectors Today
*Prices shown may have delay up-to 15 minutes
Today’s Top Gainers and Losers
*Prices shown may have delay up-to 15 minutes
FII DII Activity (₹ Cr)
| Date | FII (Net Value) | DII (Net Value) |
| 16 Jul 2026 | -4,205.56 | 2,986.41 |
| 15 Jul 2026 | -735.83 | 704.93 |
| 14 Jul 2026 | -739.69 | 2,927.71 |
| 13 Jul 2026 | -3,062.27 | 2,171.70 |
| 10 Jul 2026 | 2,603.72 | 2,019.68 |
| Month-to-Date | -4,170.46 | 20,056.12 |
What’s Happening Beyond Markets?
- The Reserve Bank of India has officially barred banks and Non-Banking Financial Companies (NBFCs) from selling acquired stressed assets back to their defaulting borrowers or any related parties, aiming to tighten regulatory frameworks around asset recovery.
- The Reserve Bank of India reported that India’s Financial Inclusion Index surged to 70.0 in March 2026. This significant growth in the national index is primarily driven by the increased usage of financial services across the country.
- The EPFO launched “VISHWAS, 2026,” a six-month, one-time dispute resolution scheme. Effective June 29, 2026, it offers employers significantly reduced penalty rates for past defaults to promote voluntary compliance, reduce litigation, and expedite long-pending provident fund disputes.
- The Codex Alimentarius Commission adopted three new global quality standards for large cardamom, coriander, and vanilla, finalised by an India-hosted committee. This milestone will harmonise international quality benchmarks, facilitating smoother trade and boosting India’s export competitiveness.
Corporate Actions
Ex Date and Record Date: 21 July 2026
To qualify for a dividend, investors must buy shares before the ex-dividend date. This accommodates the trade settlement period, ensuring that they are officially registered as shareholders by the record date.
| Stock | Event Type | Event Details |
| Angel One Ltd. | Dividend | Final Dividend, ₹1.00 |
| Cholamandalam Investment & Finance Company Ltd. | Dividend | Final Dividend, ₹0.70 |
| Punjab & Sind Bank | Dividend | Final Dividend, ₹0.39 |
| Rainbow Childrens Medicare Ltd. | Dividend | Final Dividend, ₹3.50 |
IPO Corner: Mainboard
Active & Upcoming IPOs
| Company | Date | Total Issue Size | Issue Price | Minimum Investment | Subscription Status |
| Caliber Mining & Logistics Ltd. | 17 to 21 Jul, 2026 | ₹450 Cr | ₹402 to ₹424 | ₹14,070 | N/A |
Upcoming Results (Nifty 500 Stocks) – July 17, 2026
- HDFC Bank Ltd.
- ICICI Bank Ltd.
- Axis Bank Ltd.
- Kotak Mahindra Bank Ltd.
- Punjab National Bank
- YES Bank Ltd.
Result Update
Track who beat or missed street estimates from the Nifty50
| Stock | Revenue from Operations Q1 FY27 (Estimated) | Revenue from Operations Q1 FY27 (Actual) | Change |
| Ceat Ltd. | ₹4,345.53 cr | ₹4,318 cr | 🔻 0.63% |
| Tech Mahindra Ltd. | ₹15,471.15 cr | ₹15,711.9 cr | 🔼 1.56% |
The Biggest ITR Mistakes That Trigger Tax Notices
Back to Basics
Terms that put you one step ahead – every day
What is the Difference Between IPO, FPO, and OFS?
Think of a successful private bakery. An IPO (Initial Public Offering) is when the bakery sells shares to the public for the very first time to raise capital. An FPO (Follow-on Public Offer) happens later. The bakery creates and sells brand new shares to the public to raise additional money for expansion.
An OFS (Offer for Sale) is entirely different. The bakery itself isn’t raising funds. Instead, the founders or early investors are selling their own existing shares to the public to cash out. For everyday investors, this distinction is crucial. In an IPO or FPO, your money goes directly toward growing the company. In an OFS, your money goes straight into the pockets of the existing owners, not the business itself.
Learn more: https://www.share.market/buzz/ipo-corner/ipo-vs-fpo-vs-ofs/
Before You Go…
Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.
We’ll be back to cut through the noise, so you can focus on investing intelligently.
