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Prestige Estates’ subsidiary has acquired an additional 49% stake in Prestige Notting Hill Investments for ₹300 crore.

Janumahanti Lakshmana Rao, Chairman and MD of Mold-Tek Packaging, suggested that the recent tie-up between JSW Paints and Akzo Nobel India — a long-time client of Mold-Tek — may open up potential business opportunities with JSW Paints in the future.

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A snapshot of the top 5 IPOs by issue size in FY26, including their listing gains and current stock performance as of July 7, 2025.

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Here are a couple of stock recommendations by Ruchit Jain of Motilal Oswal Financial Services

Buy Indraprastha Gas (IGL) for a target price of ₹238 with a stop loss of ₹217.

Buy CESC for a target price of ₹194 with a stop loss of ₹175.

Shares of Petronet LNG Ltd. gained as much as 3% on Monday, July 7, after they received an upgrade from brokerage firm Motilal Oswal.

In an exclusive conversation with CNBC-TV18, Rajiv Memani of CII said the government has engaged extensively with industry stakeholders on free trade agreements (FTAs). While FTAs may not benefit all sectors equally, he expressed hope that India will finalise its trade deal with the US before the deadline.

He added that CII members are concerned about the potential imposition of an additional 26% US tariff. Memani also stressed the need for industry and government collaboration to boost competitiveness and highlighted the seriousness of rare-earth supply shortages.

Eureka Forbes | Partners With Dixon Technologies For Its Vacuum Cleaners Portfolio

Dixon Tech shares rose by over 2%

Shares of Gravita India Ltd. had closed the March 31, 2021 session at ₹90.5. Four years later, on March 31, 2025, the stock was at ₹1,832, a return of 1934% in four years.

Jefferies anticipates SEBI’s interim order on Jane Street Group likely impacting volumes in the futures and options market.

Jefferies also added that the impact on volume could be partially offset by “any uptick in proprietary trading.”

Manish Hathiramani, Deen Dayal Investments

Buy Reliance Industries for a target price of ₹1,600 with a stop loss of ₹1,475

Buy BPCL for a target price of ₹370 with a stop loss of ₹330

Abneesh Roy, Nuvama Instl Equities On CNBC-TV18

HCLTech | Launches Sovereign AI To Protect Govt & Regulated Organisations With Their Data Privacy

Dharmesh Kant, Head of Research at Chola Securities, shared his sectoral outlook on CNBC-TV18. He expressed caution on FMCG stocks due to muted single-digit growth expectations and is also steering clear of pharma, citing limited 15–17% growth potential.

On the positive side, he sees strong prospects in the auto sector, naming Hero MotoCorp as his top pick. He believes the upcoming festive season and a good monsoon will act as tailwinds for the broader economy.

Kant favours stocks like Waaree Energies and PFC, where valuations offer comfort. He is optimistic about the defence sector over a 3–5 year horizon and sees IRCON International as a relatively attractive player in the rail infrastructure space.

He also likes the renewable energy segment and advises focusing on growth sectors with sustainable earnings potential.

ACME Solar has placed a substantial order for battery energy storage systems, with deliveries scheduled to take place in phases over the next 4 to 8 months of the current financial year.

Five stocks in the Nifty Midcap 100 index are seeing notable declines in trade today.

Jubilant FoodWorks is the top laggard, down 3.57%, followed by Indus Towers (-2.79%) and Bharti Hexacom (-2.48%).

National Aluminium Company (NALCO) and Vishal Mega Mart are also trading lower, down 1.73% and 1.68%, respectively.

SEBI Chair Tuhin Pandey has said that the market regulator under him has no intention to curb weekly expiry for the index, as of yet.

Soni Patnaik, JM Financial Services

Buy Tech Mahindra with a stop loss of ₹1,554 and a target of ₹1,720-1,750

Buy Bharat Forge with a stop loss of ₹1,254 and a target of ₹1,360-1,400

Ravi Menon, IT Services Analyst at Macquarie Capital On CNBC-TV18

Reports indicate that Larsen & Toubro (L&T) has emerged as the lowest bidder for the T1 package of the Mumbai-Ahmedabad High-Speed Rail (MAHSR) bullet train project.

The T1 package is the third and final track installation-related contract.

L&T’s bid is valued at ₹4,571.4 crore. CNBC-TV18 has contacted L&T for a comment, and a response is awaited.

 #CNBCTV18Exclusive | India will seek to increase #defence expenditure share in #GDP from 1.9% to 2.5% in the next five year plan. Will be seeking an additional allocation in 5-yr cycle of the 16th fin commission

We intend to sign defence contracts of ₹2 lakh crore in FY26

RK… pic.twitter.com/4zShyfwzeF

— CNBC-TV18 (@CNBCTV18Live) July 7, 2025

Most of these 10 companies, from IRB Infra to PG Electroplast, have delivered positive returns during the period of the promoters paring their stake.

The sharp increase in stake sales by insiders and purchases by outsiders is showing two different versions of the market, brokerage firm Kotak Institutional Equities stated in a note on Monday, July 7.

Rubber futures slipped from one-month highs as falling crude oil prices and weak demand, coupled with high inventories in China, put pressure on prices.

However, supply concerns persist due to adverse weather conditions in major producing regions like Thailand and China.

According to the Association of Natural Rubber Producing Countries (ANRPC), global natural rubber output in 2025 is estimated at 14.9 million tonne, while demand is projected to reach 15.6 million tonne.

The Nifty Smallcap index is trading in red, with a minor decline, as markets look to mark a recovery.

Sagility India Limited shares dipped by 2.81%

Aster DM Healthcare Limited shares declined by 2.73%

Garden Reach Shipbuilders & Engineers Limited shares fell by 2.58%

According to Bloomberg, Capgemini will acquire WNS for $76.50 per share in an all-cash deal.

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Shivangi Sarda, Analyst – Derivatives, Wealth Management at Motilal Oswal Financial Services

Buy CDSL for a target price of ₹1,850 with a stop loss of ₹1,750

Buy L&T Finance for a target price of ₹218 with a stop loss of ₹203

Manish Sonthalia, CIO, Emkay Investment Managers On CNBC-TV18

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