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Market Movers Today: What to Watch in IndusInd, Tata Steel, and More!

Discover which Indian stocks are making waves today! Get insights on IndusInd Bank's performance, Tata Steel's challenges, RVNL's new orders, and more. Essential reading for savvy investors

Market Movers Today: What to Watch in IndusInd, Tata Steel, and More!

Market Movers Today: What to Watch in IndusInd, Tata Steel, and More!
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7 July 2025 12:38 PM IST

Get ready for a dynamic trading day! Several key companies are making headlines, from major banks to infrastructure giants. Here's a breakdown of the stocks that investors will be closely watching.

IndusInd Bank Under Scrutiny

IndusInd Bank is facing some headwinds, reporting a noticeable dip in both advances and deposits during the June quarter. Net advances saw a 3.9% year-on-year decrease and a 3.1% quarter-on-quarter decline, settling at ₹3.34 lakh crore. This contraction will likely be a key focus for analysts and investors alike.

Tata Steel Faces Regulatory Hurdle

Tata Steel has received a demand notice from the Deputy Director of Mines in Jajpur. The notice pertains to a revised evaluation of a shortfall in mineral dispatch from the Sukinda Chromite Block for the fourth year, as per the Mine Development and Production Agreement. This development could impact the company's operational costs and will be closely monitored.

Rail Vikas Nigam Limited (RVNL) Secures Big Win

Good news for RVNL! The company has clinched a significant ₹143 crore order from South Central Railway. This follows RVNL being declared the lowest bidder for a larger ₹213.22 crore project on June 30, signaling continued strong performance in the railway infrastructure sector.

Shyam Metalics and Energy: A Mixed Bag

Shyam Metalics and Energy is presenting a mixed picture. While stainless steel sales volume in June 2025 declined by a notable 19% year-on-year to 5,665 tonnes, the average realization per tonne actually rose by 3% year-on-year to ₹1.43 lakh. Investors will be weighing the impact of lower volumes against improved pricing.

UltraTech Cement Clears the Air

UltraTech Cement is back in focus after issuing a clarification that aims to put recent media speculation to rest. The company firmly stated it is not under investigation in the ongoing Competition Commission of India (CCI) cement cartelization case, directly refuting earlier reports of its involvement. This should bring some relief to its shareholders.

Dabur India's Unexpected Railway Order

In an interesting turn, Dabur India has also secured a substantial ₹143 crore order from South Central Railway. Like RVNL, Dabur emerged as the lowest bidder for a ₹213.22 crore project, awarded on June 30. This diversification into infrastructure projects is a noteworthy development for the consumer goods giant.

Jyoti CNC Automation Gears Up for Expansion

Jyoti CNC Automation is setting the stage for future growth. The company has successfully secured 20 acres of land at the Tumakuru Machine Tools Park (TMTP) in Karnataka’s Tumakuru district. This strategic land acquisition positions Jyoti CNC for significant expansion and increased manufacturing capabilities.

Senco Gold Shines Bright

Senco Gold delivered an impressive performance in the first quarter of FY26. The company reported robust retail revenue growth of 24% year-on-year, contributing to an almost 28% increase in total revenue. This strong showing indicates healthy consumer demand for its offerings.

BEML Bags Export Orders

State-run engineering firm BEML has announced a boost to its international business. The company has secured two distinct export orders totaling approximately $6.23 million, showcasing its growing footprint in global markets.

IDBI Bank Reports Stable Quarter

IDBI Bank has reported a stable operational performance for the first quarter of FY26. The bank's total business grew by a solid 8% year-on-year, reaching ₹5.08 lakh crore, indicating consistent growth in its core operations.

Stock Market India Indian Stocks Share Market Stock Picks Investment News Nifty Sensex IndusInd Bank Tata Steel RVNL UltraTech Cement Dabur India Jyoti CNC Automation Senco Gold BEML IDBI Bank Market News Stock Analysis 
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