Stocks to Watch Today, July 6: Indian equities are likely to see stock-specific action on July 6 as companies across banking, real estate, and energy sectors announce quarterly business updates and key corporate developments.
HDFC Bank, Kotak Mahindra Bank, and IDBI Bank reported steady loan and deposit growth, while IndusInd Bank showed muted advances. Senco Gold posted strong revenue expansion. Among corporates, Tata Steel outlined a Rs 20,000 crore capex plan, NTPC Green Energy signed a 1,200 MW solar deal, and PB Fintech saw a stake sale by Temasek arm.
Here’s the list of stocks to watch in today’s trading session:
Strong Loan and Deposit Growth
HDFC Bank reported healthy business growth in Q1, with gross advances rising 15.4 per cent YoY to Rs 30.61 lakh crore from Rs 26.53 lakh crore. Deposits also increased 14.7 per cent YoY to Rs 31.70 lakh crore, compared with Rs 27.64 lakh crore.
Strong Revenue Expansion
Senco Gold posted a strong quarterly update, with overall revenue growing 60 per cent YoY. Retail revenue climbed 48 per cent, while same-store sales growth stood at 38 per cent. Diamond jewellery sales value increased 40 per cent, and diamond volumes rose 15 per cent.
Healthy Credit Growth
Kotak Mahindra Bank reported solid business growth, with net advances rising 15.1 per cent YoY to Rs 5.12 lakh crore from Rs 4.44 lakh crore. Total deposits grew 11.7 per cent YoY to Rs 5.72 lakh crore, compared with Rs 5.12 lakh crore.
Weak Loan Growth, Stable Deposits
IndusInd Bank reported a 2.3 per cent YoY decline in net advances to Rs 3.26 lakh crore from Rs 3.33 lakh crore. However, total deposits increased 4.5 per cent YoY to Rs 4.15 lakh crore from Rs 3.97 lakh crore.
Steady Business Growth
IDBI Bank reported a 15 per cent YoY increase in total business to Rs 5.84 lakh crore from Rs 5.08 lakh crore. Total deposits rose 10 per cent YoY to Rs 3.25 lakh crore from Rs 2.96 lakh crore.
Nykaa
Strong Growth Outlook
FSN E-Commerce Ventures (Nykaa) expects consolidated GMV and NSV growth in the early 30 per cent range, while consolidated net revenue growth is projected to be around 30 per cent.
Production Decline
Vedanta Oil and Gas reported a 17 per cent YoY decline in average daily gross operated production to 77.7 kboepd from 93.2 kboepd.
Signs 1,200 MW Solar Power Deal
NTPC Green Energy announced that its wholly owned subsidiary, NTPC Renewable Energy, has signed a bilateral Power Purchase Agreement (PPA) with PTC India for the supply of 1,200 MW of solar power.
Rs 8,109 Crore Sales in Gurugram Launch
Oberoi Realty recorded Rs 8,109 crore in sales from its newly launched luxury residential project in Gurugram, driven by strong customer demand.
Rs 20,000 Crore Capex Planned
Tata Steel plans to invest around Rs 20,000 crore in capital expenditure during the current financial year, with the majority of the spending earmarked for its India operations.
Seeks Promoter Reclassification
ICICI Prudential Life Insurance will approach the IRDAI to seek the reclassification of Prudential Corporation Holdings from a promoter to an investor.
Launches Zero Upfront Solar Scheme
Tata Power Renewable Energy (TPREL) has introduced a ‘pay-as-you-save’ rooftop solar solution for commercial and industrial customers, enabling solar adoption without any upfront investment.
US FDA Inspection Completed
Rubicon Research said the US FDA carried out an unannounced inspection of its manufacturing facility in Pithampur, Madhya Pradesh, between June 29 and July 3, 2026.
Temasek Sells 2.2 per cent Stake
PB Fintech witnessed a stake sale as Temasek Holdings’ subsidiary Macritchie Investments Pte. Limited sold 1.01 crore shares, representing a 2.2 per cent stake, through a transaction worth Rs 1,632.98 crore.
(Disclaimer: The above article is meant for informational purposes only and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
