Indian benchmark indices ended lower on Wednesday, July 2. The NSE Nifty 50 declined by 88 points or 0.35% to settle at 25,453.40, while the BSE Sensex dropped 287.60 points or 0.34%, closing at 83,409.69.
Looking ahead to July 3, several stocks are expected to be in focus based on recent developments.
Stocks in Focus
V2 Retail reported a 51% year-on-year increase in standalone revenue for Q1 FY26, reaching ₹628 crore compared to ₹415 crore in the same quarter last year.
Waaree Renewable Technologies received a Letter of Award for executing engineering, procurement, and construction work for a solar power project, which also includes operations and maintenance services.
Bazar Style Retail posted a 37% year-on-year growth in standalone revenue, which stood at ₹3,777 million for the latest quarter.
Nestle India has added a new Maggi Noodles production line at its Sanand facility in Gujarat with an investment of ₹105 crore.
CSB Bank reported a 20% year-on-year rise in total deposits, which now stand at ₹35,990 crore, up from ₹29,920 crore.
AIA Engineering stated that Brazilian authorities have lowered the countervailing duty on Indian grinding media exports to 2.90%.
Sayaji Industries completed the installation of a 4.5 MW solar plant at its facility in Mithi Paldi, Gujarat.
Pavna Industries announced a stock split, converting each ₹10 face value share into 10 shares of ₹1 face value.
Aurobindo Pharma‘s subsidiary has received marketing authorization from the European Commission for Dazublys, a trastuzumab biosimilar.
Active Clothing signed an agreement with Ningbo Cixing Co. to set up what it describes as India’s first smart knitting factory.
Tiger Logistics received approval for listing on the NSE mainboard.
Avenue Supermarts, which operates D-Mart, reported standalone revenue of ₹159.32 billion for Q1 FY26, up from ₹137 billion in the same period last year.
Indian Bank reported a 10.2% year-on-year growth in total business, reaching ₹13.44 lakh crore.
Punjab National Bank (PNB) said its global business rose by 11.6%, while domestic business saw a 11.1% year-on-year increase.
Kalyani Cast Tech announced its highest-ever quarterly turnover for the quarter ended June 30, 2025.
Escorts Kubota introduced a new crane model, ‘Hydra 12’, in its construction equipment segment.
Shakti Pumps‘ board approved a Qualified Institutional Placement (QIP) to raise funds, with a floor price of ₹965.96.
Lehar Footwears plans to begin commercial production at its new manufacturing unit in Haryana starting July 10, 2025.
Coromandel International received approval from the Competition Commission of India for acquiring a 53.13% stake in NACL Industries.
Best Agrolife Ltd appointed Surendra Sai Nallamalli as Additional and Whole-Time Director.
LCC Infotech announced the resignation of Sidharth Lakhotia from the role of Whole-Time Director, effective July 2.
Scan Projects Ltd appointed Sunil Chandra as Managing Director and CFO, effective July 2.
JM Financial acquired a 2.98% stake in JM Financial Credit Solutions from Moraine Master Fund LP for ₹88.97 crore.
Gufic BioSciences appointed Rajesh Kaul as Senior President – Sparsh Cluster, effective July 4.
IndoStar Capital Finance Ltd informed that Priya Prasad, Chief Human Resource Officer, has resigned.
Cropster Agro Limited announced the resignation of Reetu Bansal from the post of Company Secretary and Compliance Officer.
Indian Bank revised its Marginal Cost of Funds-based Lending Rate (MCLR), reducing it by 5 basis points for most tenures, effective July 3.
Hindustan Zinc released a Q1 update: mined metal production was at 265 kt, up 1% year-on-year but down 15% quarter-on-quarter. Saleable metal production stood at 250 kt, lower by 5% YoY and 7% QoQ.
RVNL appointed Chandan Kumar Verma as Chief Financial Officer, effective July 2.
Max Financial reported that its arm, Axis Max Life Insurance, received an anonymous communication about unauthorized access to some customer data.
IndiGo launched direct flights connecting Mumbai and Amsterdam.
Adani Energy announced the resignation of Amiya Chandra from the position of non-executive and independent director.
MTNL employees staged a protest urging intervention from the Department of Telecommunications (DoT).
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