Top 10 Stocks In Focus Today: HDFC Bank, IDBI Bank, Bajaj Auto, IRCON, Ujjivan Small Finance, Raymond
On 5th July, The 30-share BSE Sensex scaled an intraday record high of 80,392.64 in early trade. The index pared most of the gains later due to volatility and profit-taking by investors at record levels. Sensex closed 62.87 points or 0.08 per cent higher at 80,049.67, its all-time closing high.
The broader Nifty also hit an intra-day record high of 24,401 in early trade before closing almost flat. The 50-issue index rose by 15.65 points or 0.06 per cent to settle at a record 24,302.15 with 23 of its shares closing higher and 27 with losses.
Stocks to be in focus today, according to Zee Business Experts
Bajaj Auto Stock: Company is scheduled to roll out the world’s first CNG motorcycle in Pune on Friday.
GPT Infraprojects Stock: Company board is scheduled to meet on the same day to consider raising funds.
Dividend Stocks: A bunch of stocks are slated to trade ex-dividend on July 5, including Mahindra & Mahindra (M&M), Escorts Kubota, Navin Fluorine International, Thermax, Redington, Nucleus Software Exports, Milkfood, Futuristing Solutions, Biocon, Bharat Forge, Balkrishna Industries, AstraZeneca Pharma and Apollo Tyres.
Ixigo Stock: Company reported a 97.7 per cent surge in its consolidated net profit to Rs 8.9 crore for the quarter ended June 30, while its revenue grew about 20.4 per cent to Rs 165 crore.
HDFC Bank Stock: Lender registered 52.6 per cent year-on-year growth in gross advances while its deposits increased 24.4 per cent as of June 30, according to a business update.
IDBI Bank Stock: Lender reported 17 per cent growth in net advances while its total deposits increased 13 per cent, as of June 30, according to a regulatory filing.
Equitas Small Finance Bank Stock: Equitas Small Finance Bank (Equitas SFB) announced that its gross advances jumped 17.8% to Rs 34,872 crore as on 30 June 2024 as against Rs 29,601 crore as on 30 June 2023.
Capital Small Finance Bank Stock: Capital Small Finance Bank’s gross advances stood at Rs 6,391 crore as on 30 June 2024, which is higher by 16% as compared with the figure of Rs 5,519 crore recorded as on 30 June 2023.
Ujjivan Small Finance Bank Stock: Ujjivan Small Finance Bank Ltd. reported an advance of 22% in deposits at Rs 32,500 crore in the April–June quarter, according to provisional figures released by the bank.
PNB Stock: Punjab National Bank’s global loan book jumped 12.7% on a yearly basis to Rs 10.3 lakh crore in the first quarter of fiscal 2025, according to provisional quarterly business updates filed with stock exchanges on Thursday. Growth came in at 12.1% for domestic advances to Rs 9.89 lakh crore.
IRCON Stock: IRCON International (Indian Railway Construction International Ltd) has been awarded a Letter of Acceptance (LOA) for an order from Rail Vikas Nigam Ltd (RVNL), the rail infra major informed exchanges on Thursday, July 4.
Raymond Stock: Raymond’s board has approved the demerger of its real estate business.
(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)