Wednesday, July 9, 2025

Stocks to Watch: Tata Steel, IndusInd Bank, BEML, IDBI Bank, Dabur and more

Date:

1 / 17IndusInd Bank | The bank reported a decline in both advances and deposits for the June quarter, with net advances falling 3.9% year-on-year and 3.1% sequentially to ₹3.34 lakh crore. Deposits also edged lower, down 0.3% from the previous year and 3.3% from the March quarter, at ₹3.97 lakh crore. Ahead of the quarterly update, shares of IndusInd Bank closed 0.92% lower at ₹854.50 apiece on the NSE on Friday.2 / 17Shyam Metalics | The company reported a sequential decline in volumes across its stainless steel and aluminium foil segments for Q1FY26. Stainless steel sales volumes fell 18% QoQ, while aluminium foil volumes dipped 3%. However, improved average realisations in both segments offered some cushion, rising 8% and 4%, respectively. The stock ended flat at ₹877.25 on Friday.3 / 17UltraTech Cement | UltraTech may remain in focus after the company clarified it is not under probe in the ongoing CCI cement cartelisation case, countering media reports that claimed otherwise. The Aditya Birla Group firm said no order or notice has been received from the regulator, and that its subsidiary India Cements is independently addressing the matter.4 / 17Rail Vikas Nigam Ltd (RVNL) | The company has secured a ₹143 crore order from South Central Railway. This follows its emergence as the lowest bidder for a ₹213.22 crore project on June 30. Despite a subdued performance in FY25, the state-owned firm reaffirmed its revenue guidance of ₹20,000–₹22,000 crore for the current financial year.5 / 17ESAF Small Finance Bank | The bank posted an 8.6% year-on-year increase in total deposits for the quarter ended June 30, 2025, reaching ₹22,698 crore—up from ₹20,887 crore in the same period last year.6 / 17Dabur India Ltd | The company said it anticipates a mixed performance for Q1 FY26, with strong growth in its home and personal care (HPC) and healthcare segments likely to be tempered by softer beverage sales, impacted by unseasonal rainfall and a shorter summer season.7 / 17Hazoor Multi Projects Limited | The company announced on July 4 that it has received a letter of award (LoA) from Apollo Green Energy Limited for a ₹913 crore contract—surpassing its current market capitalisation of ₹866 crore. The order involves executing a 200 MW grid-connected solar photovoltaic (PV) project in Gujarat.8 / 17Bosch Limited | The company is exploring the merger of its unlisted entities—Bosch Chassis Systems and Bosch Automotive Electronics India—into its listed Indian arm, according to sources. While the company acknowledged evaluating strategic opportunities, it clarified that no material information currently warrants disclosure under SEBI regulations.9 / 17Bank of India | State-run bank reported a 10.3% year-on-year rise in its global business for Q1 FY26, with total business reaching ₹15.05 lakh crore, up from ₹13.65 lakh crore in the corresponding quarter last year.10 / 17Jyoti CNC Automation Ltd | The company has acquired 20 acres of land at Tumakuru Machine Tools Park (TMTP) in Karnataka’s Tumakuru district, marking a strategic move for future expansion. The acquisition will be funded through internal accruals or debt, the company said.11 / 17IDBI Bank | The bank posted a steady operational performance in the first quarter of FY26, with total business rising 8% year-on-year (YoY) to ₹5.08 lakh crore. The growth was driven by a 9% YoY increase in net advances, which stood at ₹2.12 lakh crore, and a 7% YoY rise in total deposits to ₹2.97 lakh crore.12 / 17Shilpa Medicare Ltd | The pharma company’s wholly-owned subsidiary, Shilpa Pharma Lifesciences Ltd (Unit-1), has successfully cleared a Good Manufacturing Practice (GMP) inspection conducted by Brazil’s regulatory authority, ANVISA.13 / 17Godrej Consumer Products Ltd  | The company said it expects to post double-digit consolidated revenue growth for Q1 FY26, fueled by high single-digit underlying volume growth (UVG). The standalone business is projected to deliver high single-digit value growth, backed by mid-single-digit UVG.14 / 17Tata Steel Ltd | The company has received a demand letter from the Deputy Director of Mines, Jajpur, concerning a revised assessment linked to a shortfall in mineral dispatches from its Sukinda chromite block. The demand relates to the fourth year of the Mine Development and Production Agreement, covering the period from July 23, 2023, to July 22, 202415 / 17Senco Gold | The company has reported a sharp performance in the first quarter of FY26, with retail revenue rising 24% year-on-year (YoY) and total revenue increasing by approximately 28%. The surge was driven by heightened consumer demand during key regional festivals and a continued focus on expanding the company’s retail footprint.16 / 17Mahindra Lifespace Developers Ltd | The company announced the launch of a new tower at its Mahindra Citadel residential project in Pimpri-Chinchwad, Pune. The tower offers premium 1BHK homes, aimed at young professionals, nuclear families, and first-time homebuyers.17 / 17BEML Ltd | The state-owned engineering firm announced that it has secured two separate export orders with a total value of around $6.23 million.

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