Indian equity markets saw a positive close on Friday, driven by optimistic global cues and expectations of a supportive global rate environment. As the new trading week begins on Monday, July 6, several companies are poised to be in the spotlight due to their latest financial results, corporate actions, or market debuts. Investors will be closely watching movements in key banking and FMCG stocks, alongside other sector-specific developments.
Banking Sector Updates
- HDFC Bank: The leading private lender reported a 15.4% year-on-year (YoY) growth in gross advances, reaching Rs 30.61 lakh crore in the June 2026 quarter. Deposits also increased by 14.7% YoY to Rs 31.70 lakh crore, with CASA deposits growing 9.4% YoY.
- YES Bank: Loans and advances for the private lender grew by 18.4% YoY to Rs 2.85 lakh crore, while deposits saw a 14.3% YoY rise to Rs 3.15 lakh crore in the June 2026 quarter. CASA deposits also expanded by 14.3% YoY.
- Kotak Mahindra Bank: This private sector bank registered a 15.1% YoY increase in net advances to Rs 5.12 lakh crore, and total deposits rose 11.7% YoY to Rs 5.72 lakh crore. CASA deposits grew 10.2% YoY.
- IndusInd Bank: The lender reported a 2.3% YoY decline in net advances to Rs 3.26 lakh crore, though deposits increased 4.5% YoY to Rs 4.15 lakh crore. Its CASA ratio moderated to 29.5% from 31.5% a year ago.
- RBL Bank: Total deposits for RBL Bank increased by 11% YoY to Rs 1.24 lakh crore, and gross advances surged 21% YoY to Rs 1.17 lakh crore. However, its CASA ratio declined to 29.2% from 32.5% in the previous year.
- Bandhan Bank: Reported a 16.4% YoY growth in loans and advances to Rs 1.55 lakh crore. Total deposits increased 6.6% YoY, and CASA deposits rose 15.8% YoY, improving the CASA ratio to 29.4%.
- Karur Vysya Bank: The private lender saw its total business grow by 15.94% YoY to Rs 2.27 lakh crore, with advances up 17.12% YoY and total deposits up 14.94% YoY.
- IDBI Bank: The public sector lender recorded a 15% YoY growth in total business, reaching Rs 5.84 lakh crore. Net advances surged 22% YoY, and total deposits increased 10% YoY.
Other Key Company Developments
FMCG and Retail
- Dabur: The FMCG major anticipates double-digit consolidated revenue and profit growth for the June 2026 quarter, with strong performance expected from both its India FMCG and international businesses.
- Godrej Consumer Products: Expects high-teen consolidated revenue growth, supported by strong high single-digit underlying volume growth, with EBITDA growth projected to exceed previous guidance.
- FSN E-Commerce Ventures (Nykaa): The beauty and fashion retailer forecasts consolidated gross merchandise value (GMV) and net sales value (NSV) growth in the early thirties for the June 2026 quarter.
- Senco Gold: The jewellery retailer reported a robust 60% YoY growth in revenue during the June 2026 quarter, with diamond jewellery sales value rising 40%.
Infrastructure and Construction
- NBCC (India): The state-run construction company secured three new orders totaling Rs 132.28 crore from the Navodaya Vidyalaya Samiti and the Government of Odisha.
- PTC India, NTPC Green Energy: PTC India has entered into a power purchase agreement (PPA) with NTPC Renewable Energy for the procurement of 1,200 MW of solar power.
- Shakti Pumps (India): Received a Letter of Empanelment (LoE) from MSEDCL for 15,000 off-grid Solar Photovoltaic Water Pumping Systems, valued at Rs 353.89 crore.
Market Debut and Corporate Actions
- Aastha Spintex: The cotton yarn and bales manufacturer is set to make its stock market debut today, July 6, after raising Rs 170 crore through its IPO, which was subscribed 4.64 times.
- ICICI Prudential Life Insurance Company: The insurer plans to apply to IRDAI for the reclassification of Prudential Corporation Holdings from promoter to investor.
- Prestige Estates Projects: The realty player has signed an investment agreement to acquire a 50% stake in Advent Convention and Hotels International for a commercial project in Mumbai.
- Rubicon Research: The USFDA issued Form 483 with two observations following an unannounced inspection of the company's manufacturing facility.
- Manappuram Finance: Deepak Reddy has resigned as the Chief Executive Officer, effective December 31, 2026.
Ex-Dividend Today
Shares of Sundaram Finance, DCM Shriram International, DJ Mediaprint & Logistics, and Pilani Investment and Industries Corporation will trade ex-dividend on Monday, July 6.