Dalal Street saw a choppy session as the consolidation phase kicked in once again, following a smart rally in the previous week. The 30-share Sensex eked out 100 points, while Nifty 50 hovered close to the flatline as investors remained cautious.
Bharat Electronics | CMP Rs 433 | Shares of Bharat Electronics hit a new high on July 1 amid heavy volumes after the Navratna defence public sector undertaking (PSU) company secured additional orders worth Rs 528 crore. This comes just a week after the defence major announced orders worth Rs 585 crore. The stock is up over 45 percent since the beginning of the year.
Gabriel India | CMP Rs 843 | Shares surged to a new all-time high and hit the 20 percent upper circuit on July 1 after the company announced a comprehensive scheme of arrangement. The plan involves the amalgamation of Anchemco India Pvt Ltd into Asia Investments Pvt Ltd, followed by the demerger of Asia Investments' automotive undertakings into Gabriel India. The move is part of the group’s broader strategy to achieve its Rs 50,000 crore revenue target by 2030.
IDFC First Bank | CMP Rs 77 | Shares of the lender surged 5 percent on July 1 after brokerage firm Investec upgraded its rating on the Mumbai-based private lender and increased its price target by nearly 38 percent. Investec has upgraded its rating on the stock to "buy" and has raised its price target from Rs 65 per share to Rs 90 apiece.
Sigachi Industries | CMP Rs 46 | The shares of Sigachi Industries fell over 7 percent and extended significant losses to the second consecutive session after the company announced that it is temporarily shutting operations at its plant in Telangana where a massive blast killed at least 34 people and injured many. One of the chemical reactors at the pharma factory located in Telangana's Pashamylaram reportedly exploded during operations on June 30, injuring several employees.
Kalpatru | CMP Rs 1202 | Share price rallied over 9 percent after making a flat debut in the Indian stock market today. Mumbai-based Kalpataru focuses on the development of residential, commercial, retail and integrated township projects.
Dixon Tech | CMP Rs 14,679 | The share price fell over 3 percent after Morgan Stanley downgraded the stock amid concerns on rising competition and earnings slowdown. While Dixon’s move into component manufacturing is seen as a positive strategic shift, Morgan Stanley cautioned that this area could prove more difficult to scale than its traditional EMS operations.
VST Tillers | CMP Rs 3715 |VST Tillers shares surged nearly 8 percent on July 1 after the company reported a sharp rise in power tiller sales for June 2025. The company's total sales surged 92.69 percent to 7,149 units in June 2025 from 3,710 units sold in June 2024.
Apollo Hospitals Enterprises | CMP Rs 7505 | The stock price rallied over 4 percent after the company announced that its board approved the separate listing of its omni-channel pharmacy and digital health businesses within 18–21 months, as part of a broader reorganisation to unlock value. Apollo will first demerge its omni-channel pharmacy and digital health businesses, including telehealth and its stake in Apollo HealthCo (AHL), into a new entity (NewCo), which will then merge with AHL.
Reliance Industries | CMP Rs 1527 | Shares rallied as much as 2 percent after brokerage firm Nuvama Institutional Equities gave Reliance Industries Ltd (RIL) its highest target price on the Street, after reiterating its bullishness following the launch of RIL's solar modules. Reliance Industries announced the start of its first line of HJT (heterojunction solar panels) module manufacturing facility of 1GW, which can be scaled up in phases to fully integrated 10GW by early-CY26E.
PSU Bank | Shares fell prey to profit booking on July 1, pushing the Nifty PSU index down in the red to snap a five-day gaining streak. Bank stocks have been in focus recently, with private and PSU bank stocks seeing a significant surge to push the broader Nifty Bank index to fresh lifetime highs. While private players saw a downturn in stock prices yesterday, PSU bank stocks continued to rally. However, investors may have now resorted to profit booking, leading to a fall in the share pricees.
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