Stocks To Watch On 10 July: Mahindra & Mahindra, Power Grid Corporation of India, TCS And More

Indian equity markets recovered modestly on Thursday after suffering sharp losses in the previous session. The BSE Sensex rose 238 points, or 0.31%, to close at 76,741.82, while the NSE Nifty 50 gained 81 points, or 0.34%, to end at 23,962.80.

Key Stocks In Focus

Mahindra & Mahindra Ltd.

The passenger and commercial vehicle manufacturer posted a 32.5% year-on-year rise in total sales for June 2026, selling 1.04 lakh units compared with 78,142 units in the corresponding month last year.

Power Grid Corporation of India Ltd.

The state-owned transmission utility announced that it has emerged as the successful bidder under the Tariff-Based Competitive Bidding (TBCB) route for the "Augmentation at Bhadla-III, Ramgarh PS and Kanpur (PG)" interstate transmission project. The project will be executed on a Build, Own, Operate and Transfer (BOOT) basis.

Tata Consultancy Services Ltd.

The IT services major reported April–June quarter results broadly in line with subdued market expectations. Revenue stood at ₹72,275 crore, marking a 2.2% sequential increase from ₹70,698 crore recorded in the March quarter.

Havells India Ltd.

The consumer electrical goods company has entered the Battery Energy Storage Systems (BESS) segment through a strategic partnership with Norway-based energy storage technology firm Pixii AS.

Apollo Micro Systems Ltd.

The aerospace, defence and homeland security technology company has signed a Share Purchase Agreement (SPA) with the promoter shareholders of Premier Explosives Ltd to acquire a 41.33% stake in the company for ₹1,550 crore.

Great Eastern Shipping Company Ltd.

GE Shipping has taken delivery of the 2015-built Long Range 2 (LR2) tanker Jag Laxman, with a carrying capacity of approximately 1,09,990 deadweight tonnes (DWT). The acquisition, announced during the first quarter of FY27, has been fully funded through internal accruals.

Container Corporation of India Ltd.

CONCOR has entered into a long-term agreement with GAIL (India) Ltd to set up an LNG dispensing station at its Inland Container Depot (ICD) in Khodiyar, Ahmedabad.

Anand Rathi Wealth Ltd.

The wealth management company reported a 73.6% year-on-year increase in consolidated net profit to ₹163 crore for the June quarter, up from ₹94 crore a year earlier. Revenue from operations rose 17.5% to ₹322 crore. Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA), however, declined 15% to ₹109 crore, while the EBITDA margin narrowed to 33.7% from 46.6% in the corresponding period last year.

AWL Agri Business Ltd.

The company plans to scale up its regenerative mustard farming initiative after demonstration farms delivered yield improvements of up to 30%, supporting its broader push towards sustainable agriculture and strengthening India's edible oil ecosystem.

Torrent Pharmaceuticals Ltd.

The pharmaceutical company has initiated a voluntary recall of select batches of Semalix injection disposable pens as a precautionary measure following a product recall notification issued by Dr Reddy's Laboratories for technical evaluation.

Pace Digitek Ltd.

Its subsidiary, Lineage Power Pvt. Ltd., has signed a memorandum of understanding (MoU) with Onward Solar Power Pvt. Ltd. and Kalpa Power Pvt. Ltd. to supply BESS.

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