News that may have an impact on prices of some stocks today, 4th July, 2025

L&T Finance’s retail loan book up by 18%

L&T Finance saw a 18% year-on-year rise in its retail loan book to Rs 99,800 crore. Retail disbursements jumped 18% to Rs 17,510 crore. L&T Finance said its retailisation is estimated at 98% in the first quarter of this fiscal, as compared to 95% in the year-ago period.

Carlyle Group may sell up to 10% stake in Piramal Pharma through block deals

American investment giant Carlyle Group is planning to sell up to 10 percent stake in Piramal Pharma in block trades, which could see the private equity firm earn around Rs 2,600-2,700 crore. Carlyle had picked up a 20 percent stake in Piramal Pharma for Rs 3,523 crore (approximately $490 million) in June 2020. At that time, the investment valued the pharma company at an enterprise value of $2.775 billion. As of March-2025, Carlyle held an 18 percent stake in Piramal Pharma.

Marico’s consolidated revenues’ percentage growth in low twenties, y-o-y, in June quarter

Consolidated revenue grew in the low twenties year-on-year for the first quarter of this fiscal. Parachute saw a slight dip in volume due to input cost pressures. Saffola Oils posted high-twenties revenue growth, backed by midsingle-digit volume growth. The company expects margin pressures to ease in second half of fiscal 2026, helped by falling crude oil derivatives and policy support.

Reliance Retail Ventures makes investment in Facegym

Reliance Retail Ventures has made a strategic minority investment in Facegym, a UK-based facial fitness and skincare brand, to expand its presence in the beauty and wellness sector. Reliance Retail plans to introduce Facegym in India through standalone stores and designated spaces within select Tira stores over the next five years.

Defense Ministry approves Rs 1.05 lakh crore for defense capital acquisitions

The Defence Ministry has approved Rs 1.05 lakh crore in capital acquisitions, all under the 100% indigenous category. The Ministry accorded acceptance of necessity for capital acquisition proposals to procure Electronic Warfare Systems, Surface-to-Air-Missiles and Armoured Recovery Vehicles etc.

ONGC, Mitsui to collaborate for construction of ethane carriers

Oil and Natural Gas Corporation (ONGC) collaborates with Japan’s Mitsui OSK Lines. They will construct two very large ethane carriers. These carriers will import petrochemical feedstock for ONGC’s subsidiary. This move addresses changes in liquefied natural gas (LNG) composition from Qatar. ONGC aims to secure feedstock for its petrochemical plant. Ethane imports are planned to start by mid 2028.

Bandhan Bank’s total deposits up by 16.1%

Bandhan Bank’s total deposits grew by 16.1% year-over-year. CASA deposits declined 5.8% YoY and CASA ratio fell 431bps to 27.1%, impacting the bank’s deposit mix. Advances grew 6.4% YoY to Rs 1.33 lakh crore. The bank’s collection efficiency remained stable with minor decreases across different segments.

S H Kelkar’s consolidated revenue in June quarter at Rs 574 crore

Consolidated revenue stood at Rs 574 crore in Q1 FY26. As Q1 FY25 was impacted by a fire incident, which led to a shift in business execution to Q2, a more representative comparison is with the H1 FY25 average. On this basis, Q1 FY26 revenue reflect a growth of ~14%, indicating healthy demand momentum across core segments. The European business remained stable during the quarter, with performance broadly in line with the corresponding period last year. A new brownfield capacity is expected to be established by the end of the fiscal year to support future growth. On the margin front, the situation remained steady as compared to Q4 FY25, supported by a stable input cost environment. As of June 30, 2025, net debt stood at Rs 666 crore.

Bajaj Finance’s deposits increased by 15% in June quarter

The company delivered a strong first quarter financial year 2026 update. Its deposit book rose 15% year-on-year to Rs 72,100 crore. Assets under management increased 25% YoY to Rs 4.41 lakh crore. New loans booked grew 23% to 13.49 million in Q1FY26 as compared to 10.97 million in Q1FY25.

CSB Bank’s total deposits up by 20% in June quarter

CSB Bank’s total deposits for Q1 FY26 increased by 20% YoY to Rs 35,990 crore. Gross advances increased by 32% to Rs 33,142 crore. Advances against gold and gold jewellery in the first quarter stood at Rs 14,928 crore, an increase of 36% YoY. Its asset quality remained steady, with gross non-performing assets (GNPAs) at 1.57%, marginally lower than 1.58% in the previous quarter. Net NPA improved to 0.52% from 0.64% in the comparable quarter.

Bajaj Housing Finance’s AUM in June quarter up by 24%

Company’s AUM as of the June quarter saw an advance of 24% to stand at Rs 1.2 lakh crore. Bajaj Housing Finance recorded a gross disbursement of Rs 14,640 crore for the quarter, as compared to Rs 12,004 crore in the June quarter of fiscal 2025.

RBI bars banks, NBFCs from charging prepayment penalties on floating rate loans to MSEs

The Reserve Bank of India has barred banks and non-banking financial companies (NBFCs) from charging prepayment penalties on floating rate loans to micro and small enterprises (MSEs), effective for all loans sanctioned or renewed on or after January 1, 2026.

Vedanta posts mixed performance in June quarter

Vedanta posted a mixed Q1 FY26 performance. While some segments declined, Lanjigarh Refinery delivered record alumina output at 587 kt (up 9% YoY, 36% QoQ), and ferro chrome production surged 150% QoQ, driven by a 66% jump in ore output.

Bank of Baroda’s global business up by 10.7%

The bank has reported 10.7% YoY growth in global business, reaching Rs 27.43 lakh crore as of June 30, 2025. Within this, global advances rose 12.6% YoY to Rs 12.07 lakh crore, while global deposits grew 9.1% YoY to Rs 14.36 lakh crore, reflecting steady expansion across its banking operations.

AWL Agri Business’s revenue in June quarter up by 21%

The company posted a 21% YoY revenue rise in Q1 FY26, driven by better edible oil realisations. Overall volumes fell 4% due to weak demand, rice business consolidation, and the phase-out of G2G rice sales. In the first quarter, excluding the G2G business, revenue from Food & FMCG segment declined by 2% YoY.

Electricity traded volume at IEX up by 15% in June quarter

IEX reported a 15% year-on-year rise in electricity traded volumes in Q1 FY26, reaching 32,382 million units (MU). Strong performances in the Real-Time Market (RTM) and Green Market segments drove growth, with respective YoY increases of 41% and 51%, reflecting rising demand across sectors.

Suryoday SFB’s advances in June quarter up by 20%

The bank posted a 20% YoY rise in gross advances to Rs 10,846 crore for Q1 FY26, with disbursements up 30% to Rs 2,261 crore, signaling strong credit demand across segments. Total deposits increased 39% YoY and 7% QoQ at Rs 11,312 crore.

Aegis Logistics commissions LPG terminal

The company commissioned an LPG cryogenic terminal at Pipavav with a static storage capacity of 48,000 MT. This terminal will be transferred to Aegis Vopak Terminals.

NBCC gets project for redevelopment of Sri Fort Auditorium

Company has signed a memorandum of understanding (MoU) with the National Film Development Corporation (NFDC), under the Ministry of Information and Broadcasting. The agreement is for the comprehensive renovation and redevelopment of the iconic Siri Fort Auditorium Complex in New Delhi. NBCC will act as the Project Management Consultant for the Siri Fort revamp, handling the project from conceptualization to commissioning.

Aris Unitern gets new order of Rs 100 crore

Aris Unitern RE Solutions Private Limited, a Subsidiary of Arisinfra Solutions Limited has been awarded a contract by Village Wave Private Limited for development management, which covers materials supply, project management, sales and marketing, lender management services for plot plus villa development project spread over approximately 21.9 acres of land at Shingadi Kadirenahalli Village, Bangalore. The order is valued at Rs 100 crore.

Uco Bank reports 16.58% credit growth in June quarter

Uco Bank reported a robust credit growth of 16.58% reaching Rs 2.25 lakh crore in the first quarter, while total deposits increased by 11.57% to Rs 2.99 lakh crore. The bank’s total business grew by 13.67% to Rs 5.24 lakh crore. However, the CASA ratio saw a slight decline, and the credit-deposit ratio improved to 75.48%.

BC Investments to sell 2.4% stake in Emcure through block deal

Public shareholder BC Investments is set to sell 45.5 lakh shares or a 2.4% stake in Emcure Pharmaceuticals Ltd. through a block deal. The offer price is set to be Rs 1,225 per share, which is a 4% discount to the last closing price. The offer size would be about Rs 551 crore.

Godavari Biorefineries gets patent in Europe for anticancer molecule

Company has been granted a patent in Europe for  novel anticancer molecule. This patent is now validated in Spain, the UK, and as a Unitary Patent. The patent subject area is “Anti-Cancer Research Segment.” It covers very potent anticancer compound with proven efficacy on cancer and cancer stem cell.

Techknowgreen gets new order of Rs 7.86 crore

Techknowgreen Solutions Limited has been awarded a sub-contract work order amounting to Rs 7.86 crore from the Gujarat Institute of Desert Ecology (GUIDE). It is for a period of 36 months.

Jindal Steel gets LoI from Odisha government for 50-year mining lease

Jindal Steel announced a significant milestone in its strategic growth journey. The Government of Odisha has issued a Letter of Intent (LoI) to the Company for the grant of a 50-year Mining Lease for the Roida-I Iron Ore and Manganese Block, located in Keonjhar District. Spread across 104.84 hectares, this vital mineral resource significantly enhances Jindal Steel’s raw material security The Roida-I Iron Ore and Manganese Block comes with an Environmental Clearance capacity of 3 Million Tonnes Per Annum (MTPA) and a mineral deposit of 126.05 Million Tonnes, further solidifying the strategic value of the acquisition

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Source: HDFC Securities Prime Research