Several stocks are expected to stay in the spotlight on July 8, driven by major business developments, earnings releases, corporate announcements, and regulatory actions. Here’s a detailed look at the key names to watch in today’s session:
Tata Motors: Jaguar Land Rover (JLR) reported a drop in sales volumes both year-on-year and quarter-on-quarter. The company, however, noted that the numbers were in line with its expectations.
Kotak Mahindra Bank: The bank posted 14% year-on-year growth in net advances for Q1, while deposit growth came in slightly higher at 14.6%.
ONGC & Oil India (OIL): These oil producers may see some attention as global crude prices edged higher. Brent crude climbed back above $69 per barrel.
Macrotech Developers: The company reported a 10% year-on-year rise in pre-sales for the June quarter and said it remains on track to meet its full-year FY26 sales target.
Sobha: Sales for the quarter grew 11% compared to the same period last year, with the area sold rising 27% year-on-year.
The Phoenix Mills: Q1 consumption increased by 12% year-on-year. The company also reported trading occupancy at 89% across its retail portfolio.
P N Gadgil Jewellers: Overall revenue grew 2.8% in Q1, while the retail segment posted a 19.4% jump compared to last year.
JSW Infrastructure: The company secured a project at the Kolkata Dock System with an estimated capital expenditure of ₹740 crore and a 30-year concession period.
Textile Companies: The U.S. has imposed a 35% tariff on textile imports from Bangladesh. This could affect competitive dynamics and sourcing costs for Indian players in the segment.
Titan Company: The company’s Q1 update was seen as relatively softer than its peers. Domestic jewellery business posted 18% year-on-year growth.
Oil Marketing and Paint Companies: Rising crude prices could impact input costs, especially with Brent moving back above the $69 mark.
Navin Fluorine: The company launched a Qualified Institutional Placement (QIP) worth ₹750 crore. The issue price is expected to be around a 4% discount to the current market price.
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