Indian equity markets are expected to witness stock-specific action today as investors react to quarterly business updates, regulatory approvals, strategic investments, project wins and key corporate announcements released by several listed companies.
Banking, pharmaceutical, retail, telecom, automobile, mining and renewable energy companies have reported significant developments that could influence trading sentiment during today's session.
Punjab & Sind Bank reported healthy growth in its first-quarter business update. Total business increased 15.33% year-on-year to ₹2.67 lakh crore from ₹2.31 lakh crore. Total deposits rose 12.16% to ₹1.47 lakh crore, while gross advances climbed 19.5% to ₹1.19 lakh crore. The CASA ratio also improved to 81.18% from 76.19%, indicating stronger deposit quality.
Indian Bank posted robust operational performance for the first quarter. Total business grew 13.6% year-on-year to ₹15.28 lakh crore, while gross advances increased 13.9% to ₹6.85 lakh crore. Total deposits rose 13.3% to ₹8.43 lakh crore, and the domestic CASA ratio improved to 39.64% from 38.97%.
South Indian Bank reported strong growth across key business parameters. Gross advances increased 17.01% year-on-year to ₹1.04 lakh crore, while total deposits rose 11.39% to ₹1.25 lakh crore. CASA deposits grew 14.61% to ₹41,493 crore, and the CASA ratio improved to 32.99%.
Tamilnad Mercantile Bank recorded strong quarterly growth. Total deposits increased 19.7% year-on-year to ₹64,409 crore, while gross advances surged 27.01% to ₹57,306 crore. Total business rose 23.04% to ₹1.21 lakh crore, and CASA deposits climbed 16.94% to ₹16,852 crore.
Dhanlaxmi Bank reported healthy operational growth during the quarter. Total deposits increased 17.1% to ₹19,403 crore, while gross advances jumped 26.5% to ₹15,785 crore. Total business expanded 21.12% to ₹35,188 crore compared with the corresponding period last year.
Ashiana Housing reported a decline in quarterly sales performance. Area booked fell to 3.61 lakh square feet from 5.95 lakh square feet a year ago, while the value of area sold declined to ₹357.8 crore from ₹430.97 crore.
V-Mart Retail reported a strong first quarter, with total revenue rising 23% year-on-year to ₹1,089 crore from ₹885 crore. Same-store sales growth improved to 9% from 1%, while the company opened 15 new stores and closed one store during the quarter.
Sai Silks Kalamandir reported a marginal 1% decline in revenue to ₹375 crore from ₹379 crore in the corresponding quarter last year. The retailer expanded its footprint by opening two new stores in Karnataka, adding approximately 30,000 square feet of retail space.
V2 Retail delivered strong operational growth during the quarter. Standalone revenue increased 58.25% year-on-year to ₹997 crore from ₹630 crore, while same-store sales growth improved to 7.5%. The company opened 57 new stores and closed one outlet, continuing its expansion across Tier-2 and Tier-3 markets.
JTL Industries reported an 18% increase in sales volumes during the first quarter, reaching 1.18 lakh metric tonnes compared with 1.08 lakh metric tonnes in the previous year.
Force Motors reported a strong monthly performance for June. Total vehicle sales increased 23.5% year-on-year to 3,568 units. Domestic sales rose 26.63% to 3,547 units, while exports declined 76.14% to 21 units.
NMDC reported robust operational performance during June. Iron ore production increased 44.3% year-on-year to 5.15 million tonnes, while iron ore sales rose 11.2% to 3.98 million tonnes.
Coal India announced that its June e-auction allocated 108.76 lakh tonnes of coal and coal products, with prices averaging 42% above the notified price. Separately, the company received a Letter of Award worth ₹2,831.11 crore from Bundelkhand Saur Urja Limited to develop a 600 MW solar power project.
Lupin received the Establishment Inspection Report (EIR) from the US Food and Drug Administration for its Somerset, New Jersey manufacturing facility with a satisfactory Voluntary Action Indicated (VAI) classification following an inspection conducted in April 2026. The company also secured approval from the European Medicines Agency for revised marketing authorisation terms for NaMuscla, including two new dosage strengths of 62 mg and 83 mg capsules.
Hero MotoCorp announced the establishment of its second Global Parts Centre in Tirupati, Andhra Pradesh, with an investment exceeding ₹750 crore. The development will take the company's cumulative investment in the state to more than ₹3,200 crore.
Read More: Maruti Suzuki Sells Over 2 Lakh Vehicles in June, Domestic Sales Surge 24%!
Tata Technologies strengthened its global partnership with Tenneco LLC to support mobility transformation initiatives. Tenneco is expected to invest more than $100 million over the next five years under the expanded engagement.
Bharti Airtel announced that its subsidiary, Airtel Money, has commenced commercial operations as a Type II non-deposit-taking Non-Banking Financial Company (NBFC), further strengthening the company's digital financial services business.
Syngene International announced that Siddharth Mittal has assumed charge as Managing Director and Chief Executive Officer with effect from 1 July 2026, succeeding Peter Bain.
Studds Accessories appointed Bharat Goyal as its Chief Financial Officer and Key Managerial Personnel with effect from 1 July 2026. The company also redesignated Manish Mehta as Vice President – Taxation & Compliance under its senior management team.
Srivasavi Adhesive Tapes announced that its polymer division in Bengaluru Rural has entered into a purchasing agreement with a global multinational company, enabling it to supply PP, HDPE, fabric and related products.
Sai Parenterals' Australian subsidiary, Noumed Pharmaceuticals, renewed its long-term exclusive OTC Medicines Supply Agreement with one of Australia's leading pharmacy chains. The renewed agreement is valued at approximately ₹1,300 crore over seven and a half years and includes an expanded product portfolio, a higher contract value and an option to extend the agreement by another three years upon mutual consent.
CSM Technologies is scheduled to make its debut on the stock exchanges through a mainboard listing today. Investors will closely monitor the stock's listing performance and initial trading activity.
Lloyds Enterprises will trade ex-dividend today, making the stock one of the corporate action counters to watch during the session.
Quarterly business updates, regulatory approvals, strategic investments, management changes, project awards, listing activity and corporate actions are expected to drive stock-specific movement across banking, pharmaceutical, retail, telecom and infrastructure sectors during today's trading session.
Want to track these market movements in Hindi? Visit Angel One News for daily updates and comprehensive share market news in Hindi.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all related documents carefully before investing.
Published on: Jul 2, 2026, 8:11 AM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
EN