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Indian Markets: PB Fintech, Adani, Bajaj Finance Among Top Stocks in Focus July 3

· · 3 min read

Major Indian companies, including PB Fintech, Adani Enterprises, Bajaj Finance, and Coal India, are set to capture investor attention on July 3, 2026, driven by significant corporate announcements and financial results. Developments range from strategic stake sales and new project ventures to robust quarterly performance updates.

Indian equity benchmark indices experienced gains on Thursday, reflecting positive geopolitical cues and easing inflationary concerns. The BSE Sensex closed up 579.48 points (0.75%) at 77,502.12, while the NSE Nifty50 surged 169.85 points (0.71%) to end at 24,175.70. As traders keenly await India Inc earnings, several prominent stocks are expected to remain in the spotlight before the opening bell on Friday, July 03, 2026.

Key Stocks in Focus

PB Fintech

Macritchie Investments, a subsidiary of Temasek Holdings, is reportedly planning to sell 1.19 crore shares, representing a 2.6 percent stake in PB Fintech, for approximately Rs 1,908 crore through block deals. As of March 2026, Macritchie Investments held a 6.47 percent stake in the company.

Bajaj Finance

The leading Non-Banking Financial Company (NBFC) recorded a 20 percent year-on-year increase in new loan growth, reaching 1.61 crore. Its Assets Under Management (AUM) surged 24 percent year-on-year to Rs 5.46 lakh crore, with its deposit book standing at Rs 68,500 crore as of June 2026. The customer franchise expanded by 51 lakh, totaling 12.44 crore.

Adani Enterprises (AEL)

Adani Enterprises, part of the Adani Group, has announced a 50:50 joint venture with International Resources Holding (an IHC Group company through 2PointZero). This partnership aims to develop an $11.5 billion integrated greenfield aluminium project in Odisha. The ambitious project includes a 4 million metric tonnes per annum (MMTPA) alumina refinery, a 2 MMTPA aluminium smelter, and a 1 MMTPA downstream manufacturing park.

Coal India

The state-run coal miner reported a 5.9 percent growth in coal supplies to the country's power plants, reaching 51.44 million tonnes (MT) in June FY27. This increase from 48.57 MT in the corresponding month last year was driven by the rising electricity demand during the peak summer season.

Tata Motors Passenger Vehicles (TMPV)

Jaguar Land Rover (JLR), the luxury vehicle arm of Tata Motors, experienced a 9.2 percent year-on-year decline in wholesale volumes, totaling 79,300 units during the June quarter. Retail sales also fell by 15.3 percent to 80,000 units amid a challenging operating environment.

Bharat Petroleum Corporation (BPCL)

BPCL's subsidiary, BPRL Ventures BV, has acquired the remaining 39.14 percent stake in IBV Brasil Petroleo Limitada for Rs 2,312 crore. This acquisition is set to provide BPCL with access to additional equity oil and gas, bolstering India's energy security.

Hindustan Zinc

The mining company observed a 1 percent year-on-year increase in mined metal production, reaching 2.68 lakh tonnes during the June quarter. Saleable metal production rose 4 percent to 2.60 lakh tonnes, and refined zinc output grew 6 percent to 2.13 lakh tonnes. However, refined lead production saw a 2 percent decline, settling at 47,000 tonnes.

LG Electronics India

The GST authority has ruled in favor of LG Electronics India, dropping a proposed demand of Rs 116.72 crore (comprising Rs 58.36 crore principal tax and an equal penalty). The show-cause notice, issued in May 2026, had alleged excess availment of Input Tax Credit (ITC) for FY 2021-22 due to reconciliation differences in GST returns.

Avenue Supermarts (Dmart)

Avenue Supermarts, the parent company of the Dmart retail chain, reported a 15.1 percent year-on-year increase in standalone revenue for the June quarter, reaching Rs 18,343.49 crore. As of June 30, 2026, the company's total store count stood at 503.

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