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Stocks to Track on July 7, Share Market News: Domestic equity benchmarks finished yet another week on a rangebound note as investors awaited clarity on US tariffs and the onset of a new earnings season on Dalal Street. The Nifty50 gyrated in a range of more than 300 points—between 25,331.7 and 25,669.4–in intraday trade during the trading week ended July 4.
As market participants await a new trading week on Dalal Street, here are a few stocks set to be on investors' watchlists on Monday, July 7:
Tata Steel
The Tata group steel giant has received a demand letter from the Odisha Mines Department for dues amounting to approximately Rs 1,903 crore.
Siemens Energy
The company is set to report its financial results for the first quarter of the financial year on July 7.
Mahindra & Mahindra
Mahindra & Mahindra is set to launch a new variant of the Mahindra 3XO on Monday.
Sun Pharma
The company's stock is set to trade ex-dividend at the opening bell on Monday.
The drug maker has announced a final dividend of Rs 5.5 per share.
Godrej Consumer Products
The FMCG major has registered high single-digit sales growth for the April-June quarter, with strong volume growth amid continued improvement.
Its personal care segment may post low single-digit growth, while the home care segment could see double-digit growth in Q1.
Bank of India
The lender's global business grew 10.3 per cent to approximately Rs 15.1 lakh crore, with global deposits up 9.1 per cent at Rs 8.3 lakh crore, as of June 30.
Its domestic deposits are up 9.6 per cent and domestic loans up 11.2 per cent, according to a business update.
ESAF Small Finance Bank
The small finance bank has released a mixed business update for the June quarter, with 8.7 per cent growth in total deposits and a 3.0 per cent decline in gross advances.
Its micro loans have declined 39.1 per cent to around Rs. 7,522 crore.
IDBI Bank
The lender has registered 7 per cent and 9 per cent growth rates in deposits and net advances in the June quarter, respectively.
Shyam Metallics
The company has staged a mixed operational update, with a 3 per cent sequential decline in its aluminium foil sales in Q1.
Its average realisation for aluminium foil, however, increased 4 per cent to Rs 3.65 lakh/tonne during this period.
BEML
The PSU has secured two export orders amounting to $6.23 million.
Titagarh Rail Systems
The company's board is set to meet on July 9 to consider fundraising via equity.
Cochin Shipyard
The company has signed an agreement with HD Korea Shipbuilding & Offshore Engineering (HD KSOE) to enhance cooperation in shipbuilding projects, focusing on productivity and capacity utilisation.
Tourism Finance Corporation
The company's board is set to meet on July 10 to consider a proposal to split its stock.
Raymond
The company has received NCLT's nod to consolidate all its engineering businesses into one entity while demerging its aerospace and defence operations into a separate entity.
Rail Vikas Nigam Ltd (RVNL)
The company has received a Letter of Award (LoA) from Southern Railway for a work upgradation project worth approximately Rs. 143.4 crore.
R Systems International
The company's board is set to meet on July 9 to discuss fundraising via securities.
Coforge
The Tier II IT firm has announced a revised merger terms with Cigniti Technologies, with the share exchange ratio changed to 1:1--one share of Coforge for one share of Cigniti.
No other terms in the scheme have been modified.
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