Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, order wins, and appointments, here’s a quick look at which stocks will be in focus in today's trade:
Burnpur Cement, Bodhtree Consulting, GACM Technologies, Gujarat Hotels, and Supreme Infrastructure India will release their quarterly earnings scorecard on July 9.
Q1FY26 Earnings Update (Provisional)
Union Bank of India Q1 (YoY)
Global business grows 5% to Rs 22.14 lakh crore Vs Rs 21.08 lakh crore
Global deposits increase 3.63% to Rs 12.39 lakh crore Vs Rs 11.96 lakh crore
Global gross advances soar 6.8% to Rs 9.74 lakh crore Vs Rs 9.12 lakh crore
Domestic RAM jumps 10.31% to Rs 5.44 lakh crore Vs Rs 4.94 lakh crore
Domestic retail advances spike 25.60% to Rs 2.28 lakh crore Vs Rs 1.82 lakh crore
Gujarat Pipavav Port Q1 (YoY)
Containers cargo volume drops 0.6% to 1.64 lakh TEUs Vs 1.65 lakh TEUs
Dry bulk cargo volume remains flat at 0.55 MMT
Liquid cargo volume rises to 0.41 MMT Vs 0.40 MMT
5paisa Capital Q1 (YoY)
Profit sinks 42.5% to Rs 11.5 crore Vs Rs 20.1 crore
Revenue declines 24% to Rs 77.7 crore Vs Rs 102.2 crore
Quarterly Business Update
Tata Steel Q1 (YoY)
India production volume slips 0.2% to 5.26 million tonnes Vs 5.27 million tonnes
India delivery volumes decline 3.8% to 4.75 million tonnes Vs 4.94 million tonnes
Gross merchandise value from e-commerce platforms (Tata Steel Aashiyana and DigECA) grows 39% Rs 1,350 crore
JSW Steel Q1 (YoY)
Consolidated Crude steel production grows 14% to 7.26 million tonnes Vs 6.35 million tonnes
India's crude steel production jumps 15% to 7.02 million tonnes Vs 6.12 million tonnes
Capacity utilisation at Indian operations stood at 87%
Tata Motors Q1 (YoY)
Global wholesales (including JLR) drop 9% to 2.99 lakh units
Global wholesales of commercial vehicles and Tata Daewoo range decline 6% to 87,569 units
Global wholesales of passenger vehicles sink 10% to 1.24 lakh units
Global wholesales for Jaguar Land Rover down 11% to 87,286 units
Stocks to Watch
The company has received a development order for 3.3 MW turbine parts from Adani Wind. The development phase is expected to be completed in Q3 FY26, with serial production scheduled to begin in Q4 FY26. With this new order, the company’s order book with Adani Wind is projected to double from Rs 20 crore in FY25 to Rs 40 crore in FY26, based on forecasted volumes.
The company has been selected as the developer for the redevelopment of eight residential societies in Chembur, Mumbai. The gross development value (GDV) of the project is Rs 2,100 crore.
Lightanium Technologies has been incorporated as a joint venture between Dixon Technologies (India) and Signify Innovations India. Dixon has acquired a 50% stake in Lightanium for Rs 2.5 crore.
Shareholders have approved the appointment of Divya Karani as an Independent Director and Saurav Adhikari as a Non-Executive Director.
The government has approved the incorporation of a special purpose vehicle of the company — KPIN Clean Power Four LLP.
The Banking & Finance Committee of the company will meet on July 11 to consider the purchase/repurchase of outstanding non-convertible debentures (NCDs) issued on a private placement basis.
The pure-play EV company has announced the mass rollout of its proprietary software, MoveOS 5. MoveOS is developed in-house for both the S1 range of scooters and the recently launched Roadster X motorcycles.
Sachin Jain has ceased to be the Chief Financial Officer of the company following his release from services during the probation period.
The company has proposed to increase its galvanization capacity to 1.1 lakh MTPA from the current 40,500 MTPA, with an investment of Rs 170 crore at its Ranjangaon facility. The expansion is aimed at meeting captive demand and boosting sales in both domestic and international markets.
Computer Age Management Services
CAMSPay has launched The CAMSPay New Payment Gateway, which supports over 5,000 transactions per second. It is designed as a future-proof payment solution tailored to address the real challenges faced by businesses in India’s fast-evolving payments landscape.
Bulk Deals
India Shelter Finance Corporation
Kotak Mahindra Mutual Fund has acquired 45.29 lakh shares (or a 4.2% stake) at Rs 850.87 per share, valued at Rs 385.3 crore. Meanwhile, Nexus Ventures III sold 36.71 lakh shares at Rs 850.88 per share, and Nexus Opportunity Fund II offloaded 13.28 lakh shares at Rs 850.85 per share. Together, Nexus sold a total 4.6% stake worth Rs 425.45 crore.
SBI Mutual Fund has acquired an additional 18.12 lakh shares (or a 0.57% stake) in the company at Rs 532 per share. As of March 2025, SBI Small Cap Fund held a 3.22% stake in Elgi Equipments.
Inventus Capital Partners (Mauritius) sold 5.2 lakh shares at a price of Rs 5.32 per share.
Mainboard IPO Listing on July 9
Crizac
Stocks Trade Ex-Dividend
Mphasis
Pfizer
Elegant Marbles & Grani Industries
Johnson Controls-Hitachi Air Conditioning India
Kabra Extrusiontechnik
SJS Enterprises
SML Isuzu
Sundaram Finance
Stock in F&O ban
RBL Bank
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