Stocks to watch, July 6: BEL, Bharat Dynamics, HDFC Bank, Senco Gold, FMCG stocks, Vedanta Power, Nykaa

The domestic stock market is expected to open flat with a negative bias on Monday, July 6. The GIFT NIFTY futures suggest that the NIFTY50 index will open 16 points down.

The approvals cover a wide range of indigenous systems, including anti-drone electronic warfare, surface-to-air missiles, anti-tank guided missiles, kamikaze drones, naval unmanned aerial systems and high-altitude surveillance platforms. While the AoN is only an in-principle approval and not a contract award, it signals a robust future order pipeline for companies operating across missiles, defence electronics, drones and electronic warfare.

According to an exchange filing, HDFC Bank reported a 15.4% increase in gross advances to ₹30.61 lakh crore as of June 2026, compared to ₹26.53 lakh crore last year.

The lender's period-end deposits were around ₹31.7 lakh crore, a growth of 14.7% over ₹27.64 lakh crore, as per its business update.

The company had on June 29 announced its foray into the Delhi-NCR market with the launch of its first luxury housing project with a total investment of ₹6,000 crore and a revenue potential of ₹16,000 crore.

In a regulatory filing on Sunday, Oberoi Realty said that it has "recorded gross bookings of approximately ₹8,109 crore at 'Three Sixty North', its first luxury residential development in the NCR."

The company has sold 13.52 lakh sq ft of RERA carpet area (23.10 lakh sq ft of saleable area) in this 14.8-acre project, it added.

According to a regulatory filing, the company expects its consolidated Gross Merchandise Value (GMV) and Net Sales Value (NSV) to grow in the "early thirties" on a year-on-year basis for the quarter ended June 30, 2026.

The company's physical store count stood at 324 at the end of June.

Adani Defence & Aerospace is the defence and aerospace arm of Adani Enterprises Limited (AEL).

Bengaluru-based Prestige Estates is one of the leading real estate developers in the country. It achieved record sales bookings of ₹30,024 crore during the 2025-26 fiscal, up 76% from the preceding year.

"We will be investing ₹14,000-₹15,000 crore this fiscal on construction," Prestige Estates Projects Executive Director Zayd Noaman told PTI.

Out of the projected construction spend, he estimated around ₹9,500-₹10,000 crore for housing projects and ₹4,500-₹5,000 crore for commercial projects, including office complexes and shopping malls.

Noaman said the company is focusing a lot on scaling up construction activities to ensure the timely execution of projects.

The company, which owns Rampur Indian Single Malt, Jaisalmer Indian Craft Gin, Magic Moments Vodka, Morpheus Brandy, and 8 PM Whisky, is encouraged after its net sales crossed ₹6,000 crore in FY26, which it claims is the "highest-ever growth" with EBITDA breaching the ₹1,000 crore mark.

Outlining the outlook for FY27, Khaitan told PTI that he expects a growth of "20% in premium volume" and "25 per cent value growth in the luxury", along with margin expansion, despite all short-term volatility in raw material costs.

"We would see a 120 basis point margin expansion this year," Khaitan said.

"We are investing to build our capabilities further. Our total investment in the ingot and wafer business will be approximately ₹6,000 crore over the next three years (by 2028)," Rustagi said in reply to a question about whether the company is working on strategies of strong backward integration.

Rustagi said that the project has been approved by the Andhra Pradesh government, which has provided 200 acres of land in Naidupeta, around 45 minutes away from Tirupati.

Demand conditions remained resilient, supported by steady economic activity, while easing commodity prices are expected to recover margins progressively in the coming quarters, said fast-moving consumer goods (FMCG) companies in their respective first-quarter business updates.

Companies like Dabur India, Godrej Consumer Products Ltd (GCPL) and Marico have reported strong business momentum in the June quarter and are optimistic over consumption trends for the rest of FY27, despite inflationary pressures, commodity volatility and geopolitical uncertainties.

Marico expects its consolidated revenue to grow in the early twenties, while GCPL expects to achieve high-teens growth. Similarly, Dabur also expects double-digit growth in consolidated revenue and profit after tax for the quarter ended June 30, 2026.

The capex for the ongoing FY27 will be around 38 per cent higher from ₹14,559 crore that Tata Steel has spent on capital expenditure in the preceding 2025-26 financial year.

"In FY26, we spent ₹14,559 crore on capital expenditure, and we plan to increase this to approximately ₹20,000 crore in FY 2026-27, with 60% allocated to India," said Tata Steel's CEO & MD T V Narendran and Koushik Chatterjee, the company's Executive Director & Chief Financial Officer.

The management made the statement in reply to a question related to Tata Steel's capex plans and long-term growth strategy.

Chhatwal received ₹25 crore during the financial year ended March 31, 2026, compared with ₹23 crore in FY25. The ratio of the IHCL MD and CEO's remuneration to the median remuneration of IHCL employees increased to 521.7 in FY26 from 506.1 in the previous financial year.

The percentage increase in the median remuneration of employees during FY26 stood at 5.5%, as per the annual report. It was 4.7% during the previous financial year (FY25).

During FY26, Chhatwal's remuneration package comprised ₹14.21 crore as salary including an additional performance bonus, besides ₹4.84 crore towards benefits, perquisites and allowances, and ₹5.95 crore as commission.

Digital agility remains central to the company's strategy, with increased use of data analytics and artificial intelligence to strengthen its value chain, spanning demand forecasting to consumer engagement, Narasimhan said in the annual report.

The company is also sharpening its presence across both traditional and digital retail channels to ensure consumers can access its products whenever needed, she added.

"As we move towards 2030, our approach is to strengthen our leadership while improving our operational efficiency. We are focused on reaching more households in rural markets and continuing to introduce science-led innovations in urban areas," she said addressing the shareholders.

The jewellery retailer said it remains on track to add another 12-15 stores over the remaining three quarters of the current financial year.

The company opened three company-owned and company-operated (COCO) stores, four franchise outlets and one Sennes showroom during the quarter, even as it closed one outlet, resulting in a net addition of seven stores. The company indicated that future expansion will focus more heavily on the franchise model.

Senco said its standalone revenue grew around 60% year-on-year in the first quarter of FY27, while retail revenue increased 48% and same-store sales growth stood at 38%, supported by festive demand during Akshaya Tritiya, Poila Baisakh, Baisakhi, Bihu and the summer wedding season, the jeweller said.

Its sales bookings or pre-sales stood at ₹2,078.8 crore in the year-ago period.

In its latest operational update, Bengaluru-based Sobha Ltd said the company achieved its highest-ever quarterly sales of ₹3,656 crore during the June quarter.

The company sold 1,432 homes and plots, covering 2.34 million square feet of area.

The performance was led by strong response to new project launches in Bengaluru and Gurugram.

Sobha Ltd said it delivered healthy growth compared to Q1 FY26, with an increase in sales value by 76%, sales area by 62%, and the number of homes and plots by 78%.

The project cost for the new facility at Dion Riverside Township, Trishulia in Cuttack is around ₹600 crore and is expected to be completed in 3-3.5 years, the company said.

Dion Group will develop the facility, which will be operated and managed by Fortis Healthcare.

"The upcoming 300-bed multi-specialty hospital will play a significant role in improving access to advanced tertiary care services for patients across Cuttack, Bhubaneswar, and neighbouring regions," Fortis Healthcare Managing Director & CEO, Ashutosh Raghuvanshi said.

Under this initiative, TPREL said it plans to install 200 megawatts of rooftop solar capacity across Punjab's commercial and industrial consumers segment over the next three years.

Under the 'sustainable edge' initiative, the innovative financing model enables businesses to adopt rooftop solar with zero upfront capital investment, allowing repayments through affordable monthly EMIs or lease rentals aligned with the estimated savings from solar power generation, the company said in a statement.

Bains has resigned from the position of MD & CEO with effect from the close of business hours on June 30, Syngene International said in a regulatory filing.

In his resignation letter to the chairman of the company’s board, Bains said he is resigning from his position following "our recent discussions regarding leadership succession and CEO transition".

Syngene International is a contract research, development and manufacturing organisation and is part of the Biocon group.

Power sales stood at 3,784 million units (MU) in the corresponding quarter of the previous fiscal year, the company said in a filing to the BSE.

Meenakshi Energy recorded the highest growth among the company's generating assets, with power sales rising 245% year-on-year to 1,350 million units during the quarter, supported by operations at its full installed capacity of 1,000 MW.

Talwandi Sabo Thermal Plant reported power sales of 2,723 million units during the quarter, broadly in line with the year-ago period, while its Plant Availability Factor (PAF) stood at 86%, exceeding the normative availability level of 80 per cent under its power purchase agreement with the Punjab government.

Vedanta Power's shares were listed on the BSE and the NSE on June 15.

Its sales bookings or pre-sales stood at ₹306 crore in the year-ago period.

In a regulatory filing, Raymond Realty said, "This exceptional performance validates the strong, underlying organic demand for our premium residential offerings, even in a quarter without new residential project launches".

The company's collection of funds from customers rose 47% annually to ₹550 crore during the latest June quarter.

"Capital deployment during the quarter included ₹198 crore of borrowings, primarily channelled to fulfil construction and working capital requirements for the project launches initiated in FY26," the company said.