News

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.

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

CNBC-TV18 Exclusive | Defence Secy To CNBC-TV18#JustIN | #InfoEdge Q1 Update

–Standalone Billings Up 11.23% At ₹644.2 Cr Vs ₹579.4 Cr YoY

–Recruitment Billings Up 9%, Real Estate Billings Up 16% YoY pic.twitter.com/yf9zJfDO7m

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

Akzo Nobel bounced back in trade, trimming losses and trading nearly 2% above its intraday low.

Kalyan Jewellers, based in Thrissur, Kerala, posted a 31% year-on-year increase in consolidated revenue for Q1 FY26.

Read Full Article

Varun Kapur of Travel Food Services told CNBC-TV18 that the company expects strong business momentum to continue.

He added that since they work closely with airport partners to run lounges, the business wouldn’t be significantly affected even if lounge operations shift away from Dreamfolks.

Dr. D K Sunil, CMD, Hindustan Aeronautics Ltd (HAL) On CNBC-TV18

Copper and other industrial metals extended losses after US President Donald Trump injected fresh uncertainty into his trade agenda with a pledge to impose a 10% tariff on any country aligned with the BRICS bloc of nations.

 Prakash Diwan, Market Expert

On markets

By and large, the market will continue to march ahead on the anticipation of improvement in numbers. June quarter updates, while they might be a mixed bag for the banking sector, for example, but some of the gold jewellery companies, some of the FMCG plays, they have started giving some sort of a promise.

And if that were to happen, you’ll probably see a very strong sector rotation as well, because there are sectors which have still not participated in this over the last two months, and my sense is that the market will probably look for opportunities there.

On IndusInd Bank

We have had a fallout which has been fairly drastic in terms of what impact it has. It’s no surprise that some of the metrics will start decorating. But what is interesting is that the market is pencilling in a hope trade here that nothing more could go wrong.

There’s not much of worse news flow that would hit the stock. And whatever happens is going to be incrementally positive. So that’s the reason why the short term moves probably look a bit deceptive.

But these things need much more effort, time, resources to repair. IndusInd Bank will have to go through that grind. Don’t expect fireworks just because some new CEO gets appointed.

You will have to have a CEO, but it won’t make such a big difference till the organic improvement happens. So not something which I like, especially when you have much more promising plays in the same space available in the same size available. So I would give it a pass.

Smartworks Coworking Spaces has fixed a price band between ₹387 and ₹407 per share for its initial public offering (IPO) that will open for subscription on July 10 and conclude on July 14. Investors can bid for a minimum of 36 shares and in multiples thereof.

According to Harshit Kapadia of Elara Capital on CNBC-TV18, Bharat Dynamics and Bharat Electronics (BEL) are expected to benefit the most from the recent Defence Acquisition Council (DAC) approvals.

Additionally, the government is aiming to encourage domestic drone manufacturers to cut reliance on Chinese components.

Futures on Wall Street are trading with losses at the culmination of the long Independence Day weekend ahead of US President Donald Trump’s looming reciprocal tariff deadline.

Borosil Renewables shares rose 3% after its German subsidiary filed for bankruptcy.

Read Full ArticleNewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.