International commodity markets traded on a mixed note in early trade.
Adani Enterprises: Approved the QIP floor price at ₹3,034.68 per equity share. Announced a landmark 50:50 joint venture with IHC Group company IRH to develop a US$11.5 billion greenfield aluminium project in Odisha. The project will comprise a 4 MMTPA alumina refinery, 2 MMTPA aluminium smelter, and 1 MMTPA downstream manufacturing park, significantly strengthening India's aluminium value chain.
Airfloa Rail Technology: Received a new order worth ₹12.1 million on July 2, 2026, further strengthening its order book and revenue visibility.
Avenue Supermarts (DMart): Reported Q1 FY27 standalone revenue from operations of ₹183.43 billion, reflecting continued business growth. The company will also consider raising funds through private placement of debt securities, providing additional financial flexibility.
Bajaj Finance: Reported 24% YoY growth in Assets Under Management (AUM) as of June 30, 2026, while its deposit book increased to ₹685 billion, indicating healthy business momentum across lending and deposits.
Bajaj Housing Finance: Reported Q1 FY27 gross disbursements of ₹195 billion, while Assets Under Management continued to register healthy YoY growth, reflecting sustained demand across its housing finance portfolio.
BikeWo Green Tech: Signed an MoU with Positiev Mobility for a strategic partnership and proposed acquisition of a majority stake in the company. Upon completion of the transaction, Hiten Pal Saklani will be appointed as CEO, strengthening the company's EV expansion strategy.
BPCL: Its subsidiary BPRL Ventures BV increased its stake in IBV Brasil Petroleo Limitada to 100% from 60.86% through an acquisition worth ₹23.12 billion, enhancing its overseas upstream energy portfolio.
Central Bank of India: Reported 11.66% YoY growth in total deposits and 28.77% YoY growth in global gross advances as of June 30, indicating strong business expansion.
Chiraharit: Received a purchase order worth ₹45 million, strengthening its order pipeline and improving near-term revenue visibility.
Coal India: Coal supplies to the power sector increased 5.9% in June FY27, highlighting healthy demand and operational strength.
CSB Bank: Reported gross advances of ₹408.66 billion and total deposits of ₹454.15 billion as of June 30, both registering healthy YoY growth, reflecting continued business expansion.
Equitas Small Finance Bank: Total deposits increased 10.44% YoY as of June 30, indicating continued deposit mobilisation.
GRE Renew Enertech: Secured a new order worth ₹177.5 million, strengthening its order book and future execution pipeline.
Happy Square Outsourcing Services: Received an extension of its work order from BRIC-NABI worth approximately ₹45 million, ensuring continued business visibility.
Hindustan Zinc: Achieved its highest-ever first-quarter mined metal production for the fifth consecutive year. Q1 mined metal production increased 1% YoY, while saleable metal production rose 4% YoY, reflecting operational efficiency. Silver production, however, declined marginally by 0.4% YoY.
Jammu & Kashmir Bank: Signed Corporate Agency Agreements with SBI Life Insurance and HDFC Life Insurance on July 2, 2026, strengthening its bancassurance offerings and fee-income opportunities.
Kothari Petrochemicals: Confirmed that raw material supply constraints have eased, supplies have returned to normal, and there is no material adverse financial impact, providing comfort on business continuity.
Mahindra Finance: Reported YoY growth in overall disbursements during Q1 FY27, reflecting sustained credit demand across its lending portfolio.
Marico: Guided for consolidated revenue growth in the early twenties during Q1 FY27, supported by double-digit volume growth in Parachute Coconut Oil, sequential improvement in gross margins and strong operating profit growth. The company, however, continues to closely monitor evolving inflationary conditions and the potential impact of El Niño on the monsoon.
Maruti Suzuki: Increased the projected investment in its Kharkhoda vehicle manufacturing facility to ₹350 billion, reinforcing its long-term manufacturing expansion plans.
Orbit Exports: Board will consider a buyback of equity shares at its meeting scheduled on July 7, 2026, signalling potential capital return to shareholders.
PC Jeweller: Announced that it expects to become debt-free during the current quarter itself, while also reporting healthy YoY growth in Q1 FY27 consolidated revenue, indicating improving financial strength.
Punjab National Bank: Reported 8.6% YoY growth in domestic deposits and 11.74% YoY growth in domestic advances as of June 2026, reflecting healthy business momentum.
RailTel Corporation: Received a new order worth ₹162 million, strengthening its order book and execution pipeline.
SBC Exports: Received a contract extension from MPMMCC, Banaras Hindu University, valued at ₹320 million, providing strong revenue visibility.
SEAMEC: Vessel Paladin has arrived in India and is expected to be redeployed with ONGC within about 15 days, supporting operational utilisation.
SEDEMAC Mechatronics: Reported Q1 sales of 1.1 million control-intensive ECUs, representing a robust 37.1% YoY growth, reflecting strong demand from the automotive sector.
Sterlite Technologies (STL): Successfully raised ₹15 billion through a Qualified Institutions Placement (QIP), strengthening its balance sheet and supporting future growth initiatives.
Titagarh Rail Systems: Entered into a strategic collaboration with TuTr Hyperloop to jointly develop hyperloop freight solutions, expanding into next-generation transportation technologies.
Transteel Seating Technologies: Received an order worth ₹3.7 million from CBRE South Asia, adding to its order pipeline.
UCO Bank: Reported 11.04% YoY growth in total deposits and 21.33% YoY growth in total advances as of June 30, reflecting strong business growth.
Ujjivan Small Finance Bank: Reported 25.1% YoY growth in total deposits to ₹483.07 billion, while Q1 FY27 disbursements increased 41.5% YoY to ₹92.52 billion, indicating robust business momentum.
Union Bank of India: The Bank reported healthy Q1 business growth, with total global business rising 7.47% YoY to ₹23.79 lakh crore. Global advances grew 12.5%, while domestic advances surged 13.11%. Domestic CASA deposits also strengthened, increasing 11.72% YoY to ₹4.50 lakh crore.
United Drilling Tools: Secured an order from Vedanta valued at ₹38.86 million, strengthening its order book.
Varun Beverages: The boards of BE-VCO and Twizza approved the merger of Twizza with BE-VCO, subject to applicable South African regulatory approvals, aimed at streamlining operations and improving business efficiencies.
Yes Bank: NSE lifted the restriction on Yes Securities onboarding new clients with effect from July 1, 2026, allowing the brokerage business to resume normal customer acquisition.
3B Films: Approved issuance of rights shares worth up to ₹1 billion to strengthen its capital base.
Aditya Birla Fashion & Retail: NCLT approved the amalgamation of Jaypore E-Commerce and TG Apparel & Decor with the company as part of its ongoing corporate restructuring.
ATVO Enterprises: Appointed Manish Kumar Jindal as Chief Financial Officer.
AWL Agri Business: AustralianSuper sold 16.5 million shares of AWL Agri Business through a bulk deal at ₹180.14 per share, as per BSE data.
Bizotic Commercial: Approved the re-appointment of Sanjaykumar Mahavirprasad Gupta as Managing Director and also approved a bonus issue in the ratio of 5:1.
Country Condo's: Board will consider raising up to ₹300 million through a preferential issue of equity shares to non-promoter investors.
D S Kulkarni Developers: Board will consider acquisition of a 100% equity stake in Moonbrick Realty Private Limited.
Everest Kanto Cylinder: Appointed Narender Prasad Gupta as Chief Executive Officer with effect from July 1, 2026.
GSP Crop Science: Approved a scheme of arrangement involving Rajdhani Petrochemicals and GSP Intermediates.
Indian Bank: Kept its MCLR unchanged across all loan tenors.
Lenskart Solutions: Approved a joint venture with Mingfeng Glassesworld and also approved the amalgamation of Dealskart Online and Lenskart Eyetech with Lenskart Solutions as part of its corporate restructuring.
NHC Foods: Signed a Letter of Intent to acquire Agriconnect Solutions Private Limited.
Primo Chemicals: Approved acquisition of the remaining 51% stake in Flow Tech, making it a wholly-owned subsidiary.
Ramco Systems: Appointed Raghuveer Sandesh Bilagi as Chief Executive Officer with effect from July 2, 2026, strengthening its leadership team.
Rotographics (India): Appointed Raj Ratan Pugalia as Chief Financial Officer.
Sambhv Steel Tubes: Reported Q1 FY27 total sales volume of 107,771 tonnes, providing an operational business update.
TTI Enterprise: Sabu Thomas resigned as Managing Director, while the company appointed Mithijn Wales as the new Managing Director, ensuring leadership continuity.
ACME Group: Secured strategic agreements with IHI Corporation for green ammonia and Mitsubishi Gas Chemical Company for green methanol, strengthening India's green energy export ecosystem.
Government Bond Market: India's benchmark 10-year government bond yield declined to 6.7180% from the previous close of 6.7563%, reflecting gains in the bond market.
India Health Ministry: Brought gene therapeutic products and cell/stem-cell products under central licensing oversight, strengthening the country's regulatory framework for advanced therapies.
India Oil Ministry: Stated that state-owned fuel retailers incurred revenue losses of ₹199 billion on petrol, nearly ₹1.45 trillion on diesel, while combined losses on diesel, petrol and LPG stood at ₹747.81 billion during the June quarter. The ministry also emphasized the need to significantly increase India's oil and fuel storage capacity.
India–Japan: Both countries agreed to cooperate on strategic stockpiling and reserve mechanisms for crude oil and petroleum products, further strengthening long-term energy security cooperation.
IHC Group: Announced that IRH will partner with Adani Enterprises in a US$11.5 billion aluminium project in Odisha, to be developed in two phases and expected to generate around 53,500 jobs, with the Government of Odisha facilitating the next phase after signing of the MoU.
Moody's Ratings: Assigned a Ba3 rating to IIFL Finance Limited's MTN drawdown, reaffirming the company's international credit profile.
Reserve Bank of India (RBI): Imposed monetary penalties on Dharmavir Sambhaji Urban Cooperative Bank (Pune) and Nirmal Urban Co-operative Bank (Nagpur) for regulatory non-compliance. RBI also extended regulatory directions under the Banking Regulation Act for Ramgarhia Co-operative Bank (New Delhi), Innovative Co-operative Urban Bank (New Delhi), and The Baghat Urban Co-operative Bank (Solan).
