In the previous trading session, benchmark indices traded cautiously as investors monitored global market sentiment alongside key domestic corporate developments.
Market participants are expected to closely track acquisitions, project wins, management changes, quarterly business updates, bulk deals and new listings, which could drive stock-specific action during today's trading session.
Kotak Mahindra Bank has signed a definitive agreement to acquire Deutsche Bank's retail banking, affluent private banking and wealth management business in India. The acquisition includes a loan portfolio of approximately ₹29,000 crore, deposits worth around ₹16,000 crore and assets under management of nearly ₹10,500 crore. The business serves nearly 1.5 lakh customers through a workforce of about 1,000 employees.
KPIT Technologies expects its first-quarter FY27 performance to be below earlier expectations following a sudden decline in revenues during the last few weeks. The company anticipates a 1% year-on-year decline in USD revenue and expects EBITDA and profit margins to decline sequentially. However, management remains confident of delivering sustainable and profitable growth during the second half of FY27.
Cupid expects to report revenue exceeding ₹150 crore during the first quarter of FY27. Encouraged by strong business momentum, the company has also revised its FY27 revenue outlook upward by at least 10%.
RailTel has secured a work order worth ₹107.6 crore from Mahanadi Coalfields Limited for establishing an MPLS VPN network on a rental basis for a period of 60 months. The contract strengthens the company's order book in the telecom infrastructure segment.
Rane (Madras) has entered into an agreement with Hindustan Composites to acquire its friction business through a slump sale for an enterprise value of ₹370 crore. The acquisition is expected to strengthen the company's presence in the automotive components business.
Tata Communications announced senior leadership changes. Genius Wong will step down as Executive Vice President – Core and Next-Gen Connectivity Services and Chief Technology Officer effective July 31, 2026. Rupesh Chokshi will assume the role of Executive Vice President and Global Business Head – Network Services from August 1, while Vivek Srivastava has been appointed Executive Vice President and Business Head for Cloud and Cybersecurity Services effective August 17, 2026.
RHI Magnesita India has appointed Pankaj Malhan as its Managing Director and Chief Executive Officer with effect from July 1, 2026. Parmod Sagar will continue serving as Chairman of the company.
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Hexaware Technologies has launched Tensai for Reasoning Ops, the first generally available operating stage of its Tensai Agentic ITOps platform. The platform uses artificial intelligence to analyse operational data, recommend evidence-backed actions and enhance enterprise IT operations.
Shareholders have approved the reappointment of Kartik Bharat Ram as Joint Managing Director for a further term from June 1, 2026, to March 31, 2031, ensuring continuity in SRF's leadership.
Chiswick Investment, an affiliate of GIC Group, sold a total 11.03% stake in Genus Power through multiple block deals valued at approximately ₹955.6 crore. Several institutional and individual investors participated in the transactions.
360 ONE Pipe Fund acquired a 3.52% stake in Ivalue Infosolutions for approximately ₹50 crore. Additionally, Bengal Finance & Investment, owned by ace investor Ashish Kacholia, increased its stake in the company. Meanwhile, private equity investor Sundara (Mauritius), an affiliate of Creador, exited the company by selling its entire 10.43% stake worth ₹148.27 crore.
Promoter Shirdi Sai Electricals divested an additional 1.88% stake in Indo Tech Transformers through block deals valued at ₹66.41 crore.
Waterways Leisure Tourism is scheduled to make its market debut today. Investors will closely monitor the company's listing performance following the completion of its public issue.
Advit Jewels is also set to debut on the stock exchanges today, making it one of the key SME listings that investors will watch during the trading session.
Corporate acquisitions, quarterly business updates, fresh order wins, management appointments, bulk deals and new market listings are expected to keep several stocks in focus and drive stock-specific activity during today's trading session.
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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 1, 2026, 8:02 AM IST
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