Stocks to Watch: The NIFTY50 index will likely open 30 points higher on Thursday, July 3.
Here is a list of stocks that may remain in focus today.
RIL: Shares of Reliance Industries (RIL) will be on investors' radar on Thursday, July 3, as, according to a news report, the Mukesh Ambani-led conglomerate is restructuring its business, wherein it aims to group all its fast-moving consumer goods (FMCG) brands, currently part of its retail ventures, into a new company so they get "specialised and focused attention", besides drawing investors focused on this segment.
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Shakti Pumps: The company's board has approved the launch of QIP and has set the floor price at ₹965.96. In January 2025, the board of Shakti Pumps approved a fundraise of up to ₹400 crore through a qualified institutional placement (QIP) of shares.
Brigade Enterprises: The company's unit, BHVL, has entered into an investment agreement with 360 One Alternates Asset Management Ltd to raise ₹126 crore.
Nykaa: The shares will be in focus as the stock is likely to see a block deal today. As per reports, Harindarpal Singh Banga & Indra Banga are likely to sell 2.1% equity of Nykaa via block deals.
HDFC Bank: The lender said it has successfully completed the sale of 13.51 crore equity shares worth ₹9,814 crore in its subsidiary HDB Financial & retains a 74.19% stake in HDBFS, which remains its subsidiary.
NBCC (India): NBCC (India) has secured an order worth around ₹354.88 crore (excl. of GST) from FDCM Gorewada Zoo. The company has bagged an order for project management & supervision services to execute the African Zoo, Safari Plaza, Animal Hospital & Quarantine facility and other allied work. The aforesaid business is in the normal course of business of the company.
PNB Housing Finance: The board of directors of PNB Housing Finance on Wednesday, July 2, recommended the issuance of non-convertible debentures (NCDs) worth ₹10,000 crore.
The NCDs, subject to shareholder approval at the ensuing annual general meeting (AGM), will be issued in one or more tranches on a private placement basis, the NBFC said in a regulatory filing.
The company’s board also fixed Friday, August 1, as the record date for the purpose of determining the members eligible to receive dividends for the financial year 2024-25.
Avenue Supermarts: The company has estimated a 16% year-on-year revenue growth in the first quarter of fiscal 2026. Its standalone revenue during the April–June period is predicted to increase to ₹15,932.1 crore, according to its quarterly business update released on the bourses on Wednesday. As of June 30, the DMart retail chain operator has 424 stores across India.
Indian Bank: The bank said its total business grew 10% YoY, while total deposits likely grew 9.3% YoY.
M&M Financial: In its Q1 FY26 business update, the company said it estimates the overall disbursement at approximately ₹12,800 crore, with a YoY growth of ~1% (excluding finance leases). Business assets at approximately ₹1,21,800 crore grew by around 15% over June 2024.
"The Collection Efficiency ('CE') is estimated at 95% for Q1 FY26 (in Q1 FY25, CE was 94%). As of June 30, 2025, Stage 3 is estimated in the range of 3.8% to 3.9% (vs. 3.7% as of March 31, 2025, and 3.6% as of June 30, 2024), and Stage 2 is estimated in the range of 5.8% to 5.9% (vs. 5.4% as of March 31, 2025, and 6.1% as of June 30, 2024)," it said.
The company said it continued to enjoy a comfortable liquidity position on its balance sheet, with a liquidity chest of over ₹9,600 crore.
Textile stocks: Stocks such as Gokaldas Exports Ltd., KPR Mill Ltd., will be in focus as US President Donald Trump has announced a trade deal with Vietnam. Vietnam is a major manufacturing hub for garments and apparel, along with a major exporter to the US as well.
As part of the deal, any imports into the US from Vietnam will attract 20% tariff, while US exports to Vietnam will be done at zero tariffs.
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