Sunday, July 5, 2026

Stocks to Watch for July 2: Coal India, Bharti Airtel, NMDC, Lupin, Indian Bank and more

Date:

From Bharti Airtel’s NBFC launch to Lupin’s EMA approval and Coal India’s operational update, here are the stocks to track ahead of Thursday’s trading…

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Bharti Airtel Ltd | The communications solutions provider said its wholly-owned subsidiary, Airtel Money Ltd., has commenced commercial operations as a Type II Non-Deposit Accepting NBFC [Type II-NBFC-ND (ICC)]marking a significant step in the telecom operator’s expansion into digital financial services.

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Coal India Ltd | CIL allocated 108.76 lakh tonnes of coal through Single Window Mode Agnostic (SWMA) e-auction platform in June 2026, against 266.23 lakh tonnes offered, translating into an allocation rate of 41%, according to provisional data released by the company.

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Indian Bank | The bank on Wednesday reported a 13.6% year-on-year increase in total business to ₹15.28 lakh crore for the quarter ended June 30, 2026. Advances grew 13.9% YoY and 2.7% sequentially to ₹6.85 lakh crore, while total deposits rose 13.3% YoY and 1.8% quarter-on-quarter to ₹8.43 lakh crore.

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Dhanlaxmi Bank | Private sector lender reported provisional business updates for the quarter ended June 30, 2026, with total deposits rising 17.1% year-on-year to ₹19,403 crore and gross advances increasing 26.47% to ₹15,785 crore.

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Lupin Ltd | The pharmaceutical company on Wednesday, July 1, said the European Medicines Agency (EMA) has approved an expansion of the marketing authorisation for NaMuscla, allowing its use in pediatric patients with non-dystrophic myotonic disorders (NDM).

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NMDC Ltd | The government-owned entity reported iron ore production of 5.15 million tonnes (mt) for June, up from 3.57 mt in the corresponding month last year. Iron ore sales rose to 3.98 mt during the month from 3.58 mt a year earlier, according to the company’s monthly business update.

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Punjab & Sind Bank | The bank reported a 15.33% year-on-year increase in its total business for the quarter ended June 30, supported by healthy growth in both advances and deposits, according to its provisional business update.

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Tamilnad Mercantile Bank Ltd | The firm reported a healthy business update for the quarter ended June 30, 2026, with strong growth in both deposits and advances, driven by sustained lending momentum.

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Ashiana Housing Ltd | The firm reported a decline in bookings for the first quarter of FY27, with the area booked falling to 3.61 lakh sq. ft. from 5.95 lakh sq. ft. in the corresponding period last year. The value of the area booked also declined to ₹357.80 crore from ₹430.97 crore year-on-year.

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Sai Parenterals Ltd | The pharmaceutical manufacturer said its subsidiary, Noumed Pharmaceuticals Pty Ltd., has entered into an exclusive over-the-counter (OTC) medicines supply agreement with one of Australia’s leading pharmacy networks.

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Swiggy | Instamart on Wednesday announced the appointment of Gautam Swaroop as its Chief Business Officer (CBO).

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