Several stocks are likely to remain in focus on July 7 following key corporate announcements, quarterly business updates and order wins.
Shares of Kalyan Jewellers shed 7 percent despite reporting a robust business update for the June quarter. The company's India operations posted revenue growth of more than 38 percent year-on-year, while same-store sales growth stood at around 28 percent. Its international business also delivered strong revenue growth of approximately 35 percent.
Titan share price added 2 percent after reporting healthy growth across key segments in the June quarter. Domestic business grew 37 percent year-on-year, while international business surged 128 percent. Consumer business expanded 41 percent, with the watches and eyewear segments registering 23 percent growth each. The jewellery business also recorded a robust 39 percent increase..
Shares of South West Pinnacle Exploration advanced more than 4 percent after securing an extension of its coal bed methane (CBM) production services contract from Reliance Industries in Madhya Pradesh. The extended contract, valued at around Rs 167 crore.
Shares of JB Chemicals & Pharmaceuticals and Torrent Pharmaceuticals traded higher after the National Company Law Tribunal (NCLT), Ahmedabad, approved the amalgamation of JB Chemicals with Torrent Pharmaceuticals. The merger will become effective upon filing the certified copy of the order with the Registrar of Companies.
Varun Beverages' shares fell nearly 2 percent after its Kenyan subsidiary, VBL Industries, signed an agreement to acquire the value-added dairy beverages, juices and packaged drinking water business of Devyani Food Industries (Kenya) for $32 million (around Rs 305 crore).
Investors are expected to keep a close watch on these stocks as quarterly business updates, corporate actions and order wins continue to drive stock-specific momentum amid broader market volatility.