Stocks To Watch On 3 July: Adani Enterprises, Coal India, LG Electronics and More

Indian equity markets ended higher on Thursday, with the Sensex rising 579.48 points (0.75%) to 77,502.12 and the Nifty 50 gaining 169.85 points (0.71%) to close at 24,175.70.

Key Stocks In Focus

Adani Enterprises Ltd.

The company has launched a Qualified Institutional Placement (QIP) to raise up to ₹10,000 crore, according to sources familiar with the matter.

Coal India Ltd.

Coal India increased supplies to power plants to 51.44 million tonnes (MT) in June FY27, up 5.9% from 48.57 MT in the corresponding month last year. The rise was driven by higher electricity demand during the peak summer season.

Marico Ltd.

Homegrown FMCG company Marico expects its consolidated revenue to grow in the early twenties during the first quarter of FY27, supported by broad-based growth across its core, digital and international businesses. The India business also recorded double-digit underlying volume growth, marking its strongest performance in several quarters.

Bharat Petroleum Corporation Ltd. (BPCL)

BPCL has completed the acquisition of the remaining 39.14% stake in IBV Brasil Petroleo Limitada (IBV) for ₹2,312 crore, taking its indirect ownership in the Brazilian oil and gas company to 100%.

LG Electronics India Ltd.

The South Korean electronics manufacturer said GST authorities have withdrawn a proposed tax demand of ₹116.72 crore, including penalties, for FY22 after ruling in the company's favour.

Mahindra & Mahindra Financial Services Ltd.

The company expects overall disbursements for the first quarter to rise 21% year-on-year to around ₹15,560 crore.

Sterlite Technologies Ltd.

The broadband technology company has raised ₹1,500 crore through a Qualified Institutional Placement (QIP), attracting participation from both domestic and international investors.

Punjab National Bank

The state-owned lender reported a 10.32% year-on-year increase in global business to ₹29,99,876 crore as of 30 June 2026, supported by steady growth in both deposits and advances.

Varun Beverages Ltd

The company said its South African step-down subsidiary, Twizza, will merge with its subsidiary Bevco in a transaction involving no cash consideration and no issuance of new shares.

Also Read - Vedanta Iron & Steel Shares Double Within 12 Trading Days Of Listing

Ujjivan Small Finance Bank Ltd.

Total deposits increased 25.1% year-on-year to ₹48,307 crore in the June quarter of FY27, while CASA deposits rose 37.8% to ₹12,930 crore.