Stocks to watch on July 2: Hero MotoCorp, CSB Bank, Tata Motors, DCX Systems and more

Hero MotoCorp: The world’s largest manufacturer of motorcycles and scooters sold over five lakh units in June 2024, translating into a growth of 15% year-on-year. In the domestic business the company sold 4,91,416 units in the month, reflecting 16% growth YoY.

CSB Bank: The private bank reported a 22.2% growth in total deposits to ₹29,920 crore for the first quarter of the financial year 2024-25. According to a regulatory filing, the gross advances also rose by 17.8% to ₹25,099 crore.

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DCX Systems: The company, which manufactures electronic subsystems and cable harnesses, has won an order worth ₹1,250 crore from Larsen & Toubro Limited for supplying electronic modules.

Tata Motors: The automaker reported an 8% decrease in total domestic wholesales to 74,147 units in June 2024, compared to 80,383 units a year ago. Sales of passenger vehicles (PVs), including electric vehicles (EVs), in the domestic market declined 8% to 43,624 units in June, compared to 47,359 units in the corresponding period last year.

Patanjali Foods: The company will acquire the non-food business from Patanjali Ayurved Ltd (PAL) for ₹1,100 crore. In the financial year 2023-24, Patanjali Ayurved reported a turnover of ₹6,199 crore.