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  5. Stocks to watch, July 3: Paytm, BPCL, Coal India, Adani Enterprises, J&K Bank, Ramco Systems, PNB, D-Mart

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Stocks to watch, July 3: Paytm, BPCL, Coal India, Adani Enterprises, J&K Bank, Ramco Systems, PNB, D-Mart

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
By Kamal Joshi

4 min read | Updated on July 03, 2026, 08:36 IST

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SUMMARY

The Jammu & Kashmir Bank has signed a corporate agency agreement with HDFC Life Insurance Company and SBI Life Insurance Company for servicing and soliciting their insurance products through its bank branch network. The deal will be effective from July 2.

Stock list

BPCL
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PAYTM
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RAMCOSYS
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ADANI-RE
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COALINDIA
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The domestic stock market is expected to open in the positive territory on Friday, July 3. The GIFT NIFTY futures suggest that the NIFTY50 index will open 157 points higher.

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Here is a list of stocks that may remain in focus today.
Paytm: Paytm Europe, a wholly owned unit of Paytm Cloud Technologies (a wholly owned subsidiary of One 97 Communications), has been granted the payment institution licence by Luxembourg regulator CSSF. It has also been registered on the payment institution's official list, with effect from July 2, 2026.

"The licence has been granted in relation to the provision of services namely: (a) execution of payment transactions, including transfers of funds on a payment account with the user’s payment service provider or with another payment service provider: - execution of credit transfers, including standing orders; (b) execution of payment transactions where the funds are covered by a credit line for a payment service user: - execution of credit transfers, including standing orders; and (c) acquiring of payment transactions," the company said.

BPCL: State-owned Bharat Petroleum Corporation Ltd has acquired the remaining stake of Videocon in the Brazilian joint venture (JV) IBV Brasil Petroleo Limitada, ₹2,312 crore. With this, the oil and gas firm has taken full ownership of the company as it seeks to enhance its overseas upstream portfolio and boost long-term energy supplies.
The Jammu & Kashmir Bank: The lender has signed a corporate agency agreement with HDFC Life Insurance Company and SBI Life Insurance Company for servicing and soliciting their insurance products through its bank branch network. The deal will be effective from July 2.
Ramco Systems: The global enterprise software company has announced the appointment of Sandesh Bilagi as its chief executive officer. He steps into the role from his position as president and chief operating officer of the company.

"In his new role, he will drive Ramco’s global growth agenda and accelerate its strategy to become an AI-native enterprise software company," the Chenna-based firm said in an exchange filing.

Coal India: The state-owned company said that its coal supplies to the power sector advanced 5.9% to 51.44 million tonnes (MT) in June 2026, boosted by increasing electricity demand in the peak summer season. In June 2025, coal supplies to power plants stood at 48.57 MT.

In the first quarter of the financial year 2026-27, the maharatna firm supplied 154.75 MT of coal to the power sector, up 1.8% from 151.93 MT a year back.

In a statement, the maharatna firm said there was a 7.5 per cent growth in overall coal supplies during June, which reached 65.8 MT compared to 61.2 MT last year.

Adani Enterprises: Adani Group's flagship company Adani Enterprises and International Resources Holding (IRH), an IHC Group company through 2PointZero, on Thursday signed a memorandum of understanding (MoU) with the Odisha government to develop an integrated greenfield aluminium project in the mineral-rich state.

"AEL and IHC, through its subsidiary IRH, will form a 50:50 joint venture for the proposed project. The proposed investment, valued at approximately ₹1.08 lakh crore (USD 11.5 billion), is expected to be Odisha's largest Foreign Direct Investment (FDI) proposal and India's largest foreign direct investment in the metallurgy sector," it said in an exchange filing.

PNB: State-owned Punjab National Bank (PNB) clocked 13% growth in the total credit in the first quarter of the fiscal year 2027. Loans surged to ₹12.75 lakh crore in Q1 FY27 compared to ₹11.29 lakh crore in the first quarter of the last financial year.
Avenue Supermarts: The D-Mart retail chain operator posted a 15.13% rise in its standalone revenue from operations to ₹18,343.49 crore in Q1 FY27, compared to ₹15,932.12 crore a year back. Sequentially, D-Mart's revenue climbed 3.7%. It had 503 stores as of June 30, 2026.
PC Jeweller: The jeweller reported 21% growth in consolidated Q1 FY27 revenue and said it will become a debt-free firm during the July-September period. "Debt reduced by more than 90%; Debt-Free status to be achieved in the current quarter itself," it said in the business update.
Tata Steel: The stock will be in focus on Friday as the company is in discussions with the Dutch government to map out a plan for its transition project in the Netherlands amid tightened emission norms, the company's chairman, N Chandrasekaran, said.

Tata Steel operates a steel manufacturing unit at IJmuiden with an annual installed capacity of 7 million tonnes. "In the Netherlands, the operating environment has become challenging, with certain environmental regulations now exceeding European Union standards," Chandrasekaran said, adding that emission regulations have tightened to levels where, for some of Tata Steel Nederland's legacy assets, viable solutions are not currently feasible within regulatory-accepted timelines.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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