Stocks to Watch Today: IndusInd Bank, Dabur India, Senco Gold, Rail Vikas Nigam, BEML, Shilpa Medicare, Godrej Consumer Products in focus on 7 July

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, appointments, order wins, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:

Q1FY26 Earnings Update (Provisional)

IndusInd Bank Q1 (YoY)

Net advances drop 3.9% to Rs 3.34 lakh crore Vs Rs 3.48 lakh crore

Deposits fall 0.3% to Rs 3.97 lakh crore Vs Rs 3.98 lakh crore

CASA ratio declines to 31.49% Vs 36.67%

Bank of India Q1 (YoY)

Global business grows 10.3% to Rs 15.05 lakh crore Vs Rs 13.65 lakh crore

Global deposits increase 9.07% to Rs 8.34 lakh crore Vs Rs 7.64 lakh crore

Global gross advances soar 12% to Rs 6.72 lakh crore Vs Rs 6 lakh crore

Domestic deposits jump 9.6% to Rs 7.10 lakh crore Vs Rs 6.48 lakh crore

Domestic gross advances zoom 11.2% to Rs 5.65 lakh crore Vs Rs 5.08 lakh crore

IDBI Bank Q1 (YoY)

Total business grows 8% to Rs 5.08 lakh crore Vs Rs 4.71 lakh crore

Deposits increase 7% to Rs 2.97 lakh crore Vs Rs 2.77 lakh crore

CASA deposit drops 2% to Rs 1.33 lakh crore Vs Rs 1.35 lakh crore

Net advances soar 9% to Rs 2.12 lakh crore Vs Rs 1.94 lakh crore

Utkarsh Small Finance Bank Q1 (YoY)

Total deposits grow 18.3% to Rs 21,489 crore Vs Rs 18,163 crore

Gross loan portfolio increases 2.3% to Rs 19,224 crore Vs Rs 18,798 crore

CASA deposits soar 22.1% to Rs 4,218 crore Vs Rs 3,453 crore

Dhanlaxmi Bank Q1 (YoY)

Total business rises 15.8% to Rs 29,054 crore Vs Rs 25,084 crore

Total deposits jump 14.7% to Rs 16,570 crore Vs Rs 14,441 crore

Gross advances grow 17.3% to Rs 12,484 crore Vs Rs 10,643 crore

Gold loan increases 28.1% to Rs 4,039 crore Vs Rs 3,153 crore

ESAF Small Finance Bank Q1 (YoY)

Total deposits grow 8.7% to Rs 22,698 crore Vs Rs 20,887 crore

Gross advances fall 3% to Rs 18,224 crore Vs Rs 18,783 crore

CASA ratio improves to 24.80% Vs 23.59%

Godrej Consumer Products Q1

Standalone business likely to deliver high-single digit value growth on the back of mid-single digit underlying volume growth (UVG)

Volume growth has been strongly competitive and is sequentially improving

Home Care business likely to deliver double-digit value growth and UVG

Personal Care business is expected to grow value in low-single digit impacted by soaps.

Standalone business excluding soaps is expected to deliver a very strong performance with double-digit UVG

Standalone EBITDA margin is likely to be below company's normative range but is expected to improve

Indonesia business faced a significant increase in competitive pricing action across all major categories, which will likely result in flattish UVG

On consolidated basis, Godrej Consumer expects double-digit rupee revenue growth on the back of high single digit UVG

Dabur India Q1

On decline in beverages, consolidated revenue is expected to grow in low-single digits

Consolidated operating profit growth is expected to marginally lag revenue growth

Home and Personal Care division is expected to perform well driven by the oral, home and skin care categories

Key brands such as Dabur Red Toothpaste, Odonil, Odomos, and Gulabari are expected to post strong growth coupled with market share gains

Within healthcare, brands such as Dabur Honey, Hajmola, Dabur Honitus, Dabur Health Juices are expected to post robust double-digit growth

Dabur Honitus is expected to perform exceedingly well with over 40% growth

International business is expected to post double digit constant currency growth led by key markets like MENA, Turkey, Bangladesh and US Namaste

Senco Gold Q1 (YoY)

Total revenue grows 28%

Retail revenue increases 24%

Same-store sales growth (SSSG- at secondary sales level) at 19%

Company launched 9 new showrooms, taking jewellery store portfolio to 179

Stocks to Watch

Rail Vikas Nigam

The company has received a Letter of Award (LOA) from Southern Railway for the upgradation of the electric traction system from 1x25 kV to 2x25 kV in the Salem Division of Southern Railway, aimed at meeting a 3,000 MT loading target. The total cost of the project is Rs 143.4 crore.

Hazoor Multi Projects

The company has received a Letter of Award (LOA) from Apollo Green Energy for NHPC’s 200 MW grid-connected solar PV project in GSECL’s RE Solar Park, Khavda (Stage-3), Gujarat. The total value of the awarded project is Rs 913 crore.

BEML

The company has bagged two separate export orders - One from the Commonwealth of Independent States (CIS) region for the supply of heavy-duty bulldozers, and second from Uzbekistan for the supply of high-performance motor graders. The total contract value is $6.23 million.

Mahindra Lifespace Developers

The Mahindra Group company has launched a new tower at Mahindra Citadel, part of a 9.66-acre residential development in Pune, with an overall gross development value (GDV) of nearly Rs 2,500 crore.

Jyoti CNC Automation

The Board has approved the acquisition of 20 acres of land at the Tumakuru Machine Tools Park (TMTP) in Karnataka for future expansion. The acquisition will be funded through internal accruals or debt.

UltraTech Cement

Anoop Khatry has resigned from the position of Chief Legal Officer, effective July 3, citing personal reasons.

Olectra Greentech

P V Krishna Reddy has been appointed as Chairman of the Board, effective July 5. However, K V Pradeep has resigned from the position of Managing Director and Director, effective July 4, due to personal reasons.

Shilpa Medicare

The company’s subsidiary, Shilpa Pharma Lifesciences’ Unit-1, has completed a GMP inspection by the Brazilian regulatory authority, ANVISA. The audit was conducted from June 30 to July 4 and concluded with no critical or major observations. Some procedural observations and recommendations were discussed during the inspection.

Tata Steel

Tata Steel has received a demand letter from the Deputy Director of Mines, Jajpur, regarding a revised assessment of a shortfall in mineral dispatch from the Sukinda Chromite Block for the fourth year under the Mine Development and Production Agreement. The alleged shortfall has resulted in a demand of Rs 1,902.7 crore. The company believes the State’s demand lacks justification and substantive basis and will pursue legal remedies before the appropriate judicial or quasi-judicial forum(s).

Shyam Metalics and Energy

In June 2025, stainless steel sales volume dropped 19% YoY to 5,665 tonnes, while the average realization increased 3% YoY to Rs 1.43 lakh per tonne.

Meanwhile, aluminium foil sales volume surged 52% YoY to 1,783 tonnes, with the average realization rising 9% YoY to Rs 3.61 lakh per tonne.

Sanmit Infra

The Board has approved the reappointment of Sanjay Makhija as Managing Director, and Kamal Makhija and Haresh Makhija as Whole-Time Directors.

Bulk Deals

Dreamfolks Services

Bajaj Finance has sold a 0.58% stake in Dreamfolks at Rs 196.32 per share, and Motilal Oswal Mutual Fund offloaded a 0.51% stake at Rs 211.14 per share.

Emcure Pharmaceuticals

BC Investments IV, an affiliate of US-based private equity firm Bain Capital, has sold 45 lakh shares (2.37% stake) at Rs 1,250.44 per share, amounting to Rs 562.7 crore. As of March 2025, BC Investments held an 8.68% stake in Emcure.

Godavari Biorefineries

360 ONE Equity Opportunity Fund sold a 0.62% stake, and Turnaround Opportunities Fund sold a 0.51% stake in Godavari Biorefineries at Rs 256.75 per share.

JTL Industries

Jindal Oil and Fats sold 19.5 lakh shares in JTL Industries at Rs 75.45 per share.

Kaushalya Logistics

Vicco Products (Bombay) bought 99,200 shares in Kaushalya Logistics at Rs 84.58 per share.

SME Listing on July 7Pushpa JewellersVandan FoodsMarc Loire FashionsCedaar Textile

Silky Overseas

Stocks Trade Ex-DividendSun Pharmaceutical IndustriesDodla Dairy

Veedol Corporation

Stock Trades Ex-Date for RightsExicom Tele-Systems

Indsoya

Stock in F&O banRBL Bank