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Top stocks to watch out for on July 2: Hero MotoCorp, Tata Motors, DHFL, Icra, JSW Energy, JSPL, Bharti Airtel

Updated : 2019-07-02 07:39:04

Indian shares are likely to open little changed on Tuesday, tracking muted trends in global markets. Asian shares traded mixed after disappointing PMI data. Meanwhile, US stocks hit record highs in the previous session following progress in US-China trade negotiations. Indian markets have turned cautious ahead of the Union Budget, which will be presented in the Parliament on July 5. At 7.00 AM, the SGX Nifty futures traded only 9 points or 0.08 percent higher, indicating a flat start for the Nifty 50 and the Sensex. Here are the top stocks to watch out for in today's trade:

Hero MotoCorp: The two-wheeler market leader reported a 12.49 percent decline in total sales at 616,526 units in June. The company had sold 7,04,562 units in the same month last year. (Image: Reuters)
Hero MotoCorp: The two-wheeler market leader reported a 12.49 percent decline in total sales at 616,526 units in June. The company had sold 7,04,562 units in the same month last year. (Image: Reuters)
DHFL: The consortium of 30 lenders led by the state-run Union Bank of India decided to enter into an inter-creditor agreement before July 5 to thrash out a resolution plan for the cash-strapped Dewan Housing Finance (DHFL). (Image: Reuters)
DHFL: The consortium of 30 lenders led by the state-run Union Bank of India decided to enter into an inter-creditor agreement before July 5 to thrash out a resolution plan for the cash-strapped Dewan Housing Finance (DHFL). (Image: Reuters)
Tata Motors: The homegrown auto major reported a 14 percent decline in total sales at 49,073 units in June. The company had sold a total of 56,773 units in the same month last year. (Image: Reuters)
Tata Motors: The homegrown auto major reported a 14 percent decline in total sales at 49,073 units in June. The company had sold a total of 56,773 units in the same month last year. (Image: Reuters)
Cox and Kings: The company failed to repay Rs 50 crore for a commercial paper.
Cox and Kings: The company failed to repay Rs 50 crore for a commercial paper.
HCL Technologies: The IT company has completed the planned acquisition of select IBM products for security, marketing, commerce, and digital solutions.
HCL Technologies: The IT company has completed the planned acquisition of select IBM products for security, marketing, commerce, and digital solutions.
JSW Energy: The firm announced the termination of Rs 6,500 crore deal with Jindal Steel and Power Ltd (JSPL) to acquire its 1,000 MW power plant in Raigarh district of Chhattisgarh. (Image: Company)
JSW Energy: The firm announced the termination of Rs 6,500 crore deal with Jindal Steel and Power Ltd (JSPL) to acquire its 1,000 MW power plant in Raigarh district of Chhattisgarh. (Image: Company)
Icra: The domestic rating agency decided to send its managing director and chief executive Naresh Takkar on forced leave, pending an enquiry into the
Icra: The domestic rating agency decided to send its managing director and chief executive Naresh Takkar on forced leave, pending an enquiry into the "concerns" raised by the capital markets watchdog Sebi.
Bharti Airtel: The schemes of arrangement regarding the merger of the consumer mobile businesses of Tata Teleservices and Tata Teleservices (Maharashtra) into Bharti Airtel and Bharti Hexacom (Airtel) have become effective from July 1. (Image: Reuters)
Bharti Airtel: The schemes of arrangement regarding the merger of the consumer mobile businesses of Tata Teleservices and Tata Teleservices (Maharashtra) into Bharti Airtel and Bharti Hexacom (Airtel) have become effective from July 1. (Image: Reuters)
Eicher Motors: Royal Enfield, the two-wheeler division of Eicher Motors, reported a 22 percent decline in total sales to 58,339 units in June. (Image: Company)
Eicher Motors: Royal Enfield, the two-wheeler division of Eicher Motors, reported a 22 percent decline in total sales to 58,339 units in June. (Image: Company)
JK Paper: The company plans to invest Rs 1,500 crore for the modernisation and expansion of the company's existing paper manufacturing unit at Songadh in Gujarat.
JK Paper: The company plans to invest Rs 1,500 crore for the modernisation and expansion of the company's existing paper manufacturing unit at Songadh in Gujarat.
Torrent Power: The company is seeking shareholders' approval to raise up to Rs 1,500 crore through issuance of non-convertible debentures on the private placement basis.
Torrent Power: The company is seeking shareholders' approval to raise up to Rs 1,500 crore through issuance of non-convertible debentures on the private placement basis.
TVS Motor: The Chennai-based firm reported a 11 percent decline in total sales at 2,79,102 units in June. (stock image)
TVS Motor: The Chennai-based firm reported a 11 percent decline in total sales at 2,79,102 units in June. (stock image)
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