Indian benchmark indices ended in the red for the second day in a row on Thursday, July 3. The NSE Nifty 50 fell by 48.1 points to close at 25,405.30, while the BSE Sensex declined 170.22 points, finishing at 83,239.47.

Today, several stocks are likely to be on investor radar due to recent business updates, regulatory developments, and corporate announcements.

Stocks in Focus

  • Insecticides India: CRISIL has revised the company’s long-term credit rating from ‘A’ to ‘A+’ with a stable outlook.

  • ONGC: The company signed a Heads of Agreement with Mitsui O.S.K. Lines to jointly build and operate two Very Large Ethane Carriers.

  • Indian Energy Exchange: Reported a 15% year-on-year growth in power trade volumes for Q1FY26, supported by falling prices.

  • ICICI Lombard: Bombay High Court has set aside an earlier order that had confirmed a GST demand of ₹17.3 billion and a penalty of ₹1.7 billion.

  • NBCC: Received a work order worth ₹65.73 crore as part of routine business operations.

  • NACL Industries: The Competition Commission of India has approved Coromandel International’s acquisition of a majority stake in the company.

  • Defence Sector Stocks: The Ministry of Defence has cleared 10 capital acquisition proposals worth ₹1.05 lakh crore to boost operational readiness.

  • Thangamayil Jewellery: Reported a 28% increase in revenue for FY25.

  • Nucleus Software: Reported annual revenue of ₹832.25 crore with an EBITDA margin of 20.14%.

  • PC Jeweller: Posted 80% year-on-year growth in standalone revenue for Q1FY26, driven by seasonal demand.

  • Bajaj Housing Finance: Reported Q1FY26 disbursements of ₹146.40 billion; Assets under management (AUM) stood at ₹1.20 trillion.

  • Suryoday Small Finance Bank: Total deposits for Q1 rose 39% year-on-year to ₹113.12 billion; Gross advances grew 20% to ₹108.46 billion.

  • Marico: Reported stable demand during the quarter, supported by recovery in rural markets and steady urban consumption.

  • Infibeam Avenues: Its AI division Phronetic.AI is collaborating with Nawgati to create solutions for fuel and fleet management.

  • LIC: Launched three new insurance products – two versions of Nav Jeevan Shree and a Critical Illness Health Rider.

  • L&T Finance: Retail disbursements rose 18% year-on-year to ₹17,510 crore; Retail loan mix increased to 98%.

  • Godavari Biorefineries: Received a European patent for a newly developed anticancer molecule.

  • Aegis Logistics: Commissioned an LPG cryogenic terminal at Pipavav with a 48,000 MT storage capacity.

  • AU Small Finance Bank: Deposits rose 31% year-on-year in Q1 to ₹1.28 lakh crore.

  • Bajaj Finance: Q1 AUM increased by 25% to ₹4.4 lakh crore; added 4.7 million new customers in the quarter.

  • Bharat Forge: Subsidiary KSSL has incorporated a new entity named Agneyastra Energetics.

  • IndiGo: Appointed Amitabh Kant as an additional director on the board.

  • Jindal Steel and Power: Received a Letter of Intent for the Roida-I iron ore and manganese block in Odisha.

  • S H Kelkar: Reported Q1 consolidated revenue of ₹574 crore, a 14% rise from the fire-impacted previous year.

  • Robust Hotels: CRISIL reaffirmed its long-term rating at BBB with a stable outlook.

  • UCO Bank: Reported total business at ₹5.24 lakh crore for Q1 FY25, up 13.67% year-on-year.

  • Reliance Industries: Subsidiary Reliance Retail Ventures announced a strategic minority investment in UK-based FACEGYM.

  • Bosch: Received a customs order related to an import classification dispute involving ₹66.72 crore and a penalty of ₹29.58 crore.

  • Punjab & Sind Bank: Total business stood at ₹2.31 lakh crore, an increase of 10.9% from the previous year.

  • Star Cement: Chief Mineral Resources Officer Kanak Kumar Chhangani resigned.

  • P N Gadgil Jewellers: Board approved a fundraising plan via equity shares or other securities.

  • Bank of Baroda: Global business stood at ₹27.43 lakh crore as of June 2025, a year-on-year increase of 10.7%.

  • Dish TV India: Appointed Gaurav Goel as Chief Strategy Officer, effective July 4.

  • Salasar Exteriors: Company Secretary & Compliance Officer Priyanka Rathore resigned on July 3.

  • Emcure: BC Investments plans to sell 45.5 lakh shares via a block deal.

  • RBL Bank: Deposits increased 11% year-on-year to ₹1.12 lakh crore.

  • Bandhan Bank: Total deposits grew 16.1% year-on-year to ₹1.55 lakh crore.

  • Vedanta: Reported record alumina and ferrochrome production in Q1; oil and gas output saw a decline.

  • Mahindra Holidays: Its Finnish unit acquired 100% stake in Salla Star Property for ₹2.35 crore.

  • Torrent Pharma: To acquire an additional 2.41% stake in JB Chemicals for ₹620 crore.

  • Alembic Pharma: Received a tax demand of ₹33 crore from Sikkim tax authorities.

  • AWL Agri: Reported a 2% decline in edible oil volumes in Q1FY26.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

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TOPICS: Bajaj Housing Finance IEX NBCC ONGC PC Jeweller