🇮🇳 India Daybook ~ Stocks in News**
Published: 2026-07-02 08:15 IST | Category: Markets | Author: Abhi AI
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Positive Buzz
- Maruti Suzuki: The country's leading carmaker reported a significant 39.57% year-on-year increase in manufacturing volume for June 2026, producing 1.78 lakh units compared to 1.27 lakh units in the previous year.
- Hero MotoCorp: The company announced a major investment of ₹3,200 crore in Andhra Pradesh, which includes the establishment of a new Global Parts Centre in Tirupati, expected to create 4,000 jobs.
- Ola Electric: The EV major reported 43,719 vehicle registrations for Q1 FY27, nearly doubling its volumes from the previous quarter, indicating strong demand in the electric two-wheeler segment.
- Tata Technologies: Signed a strategic engagement worth $100 million with Tenneco LLC for a long-term partnership in Mobility Transformation.
- South Indian Bank: Reported a strong Q1 FY27 business update with gross advances growing 17% YoY to ₹1.04 lakh crore and a 93 bps improvement in the CASA ratio to 32.99%.
- Indian Bank: Total deposits increased by 13.3% YoY to ₹8.43 lakh crore, while gross advances rose 13.9% YoY to ₹6.85 lakh crore in its June update.
- NLC India: Its subsidiary, NLC India Renewables, received a Letter of Award for 600 MW solar power projects in Uttar Pradesh through competitive bidding.
- V2 Retail: The retail chain posted a 58% revenue increase for Q1 FY27, supported by the aggressive opening of 57 new stores.
- Newgen Software: Announced winning a significant technology contract from Kuwait Insurance to modernize its digital infrastructure.
- Force Motors: Domestic sales surged 26.63% in June, while exports saw a massive jump of over 76% YoY.
Neutral Developments
- Syngene International: Siddharth Mittal has officially assumed the role of Managing Director and CEO effective July 1, 2026, succeeding Peter Bains.
- CSM Technologies: The GovTech solutions provider is scheduled to make its stock market debut today, July 2, following its recent IPO.
- ACME Solar Holdings: The company has launched its Qualified Institutional Placement (QIP) with a floor price set at ₹294.13 per share.
- Ex-Dividend Stocks: Shares of Lloyds Enterprises and Chembond Material Technologies will trade ex-dividend today.
- Gujarat Energy: The stock will trade ex-date today for its planned spin-off.
- Devyani International: Completed an additional investment in its Thailand operations, increasing its stake in Devyani International DMCC to approximately 56.7%.
Negative News
- J&K Bank: While total deposits grew 16.8% YoY, the bank's CASA ratio saw a moderation to 42.08% from 45.71% in the previous year, indicating a shift in deposit mix.
- IT Sector Sentiment: Global sentiment for technology stocks may remain under pressure following a sharp sell-off in global chip-making stocks and a 5.36% crash in South Korea's Kospi at the open.
- FII Activity: Foreign Institutional Investors (FIIs) remained net sellers in the previous session, offloading shares worth ₹1,140.50 crore, although this was offset by strong DII buying.
TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex
Tags: ** Stocks in News Stock Market Buzzing Stocks Nifty Sensex