​Hero MotoCorp, Maruti Suzuki, banks and other stocks to watch out for on July 2​

Jul 2, 2021

By: Rounak Jain

Credit: BCCL

Hero MotoCorp

Reported a 3.8 percent increase in sales in June 2021 at 4,69,610 units against 4,51,983 units in June 2020. Its month-on-month sales jumped by over 150 percent, with its May 2021 sales standing at a little over 1.83 lakh units.

Credit: Hero MotoCorp

Maruti Suzuki

Dispatched 1,47,368 units in June 2021, as compared to 57,228 units in the same month last year. Its month-on-month performance was resurgent too, having sold only 46,555 units in May this year.

Credit: BCCL

Banking stocks

The Reserve Bank of India noted that the gross non-performing asset (GNPA) ratio could rise to 9.8-11.22 percent by March 2022.

Credit: Unsplash

Eicher Motors

Its Royal Enfield sales stood at 43,048 units in June 2021, as compared to 38,065 units a year ago. Its month-on-month performance was much better, having sold only 27,294 units in May this year.

Credit: Eicher Motors

TCS

Has partnered with John Wiley & Sons, a US-based multinational publishing company, to modernise its e-commerce platform with SAP Commerce.

Credit: IANS

Coal India

Its coal production in June 2021 increased by 2 percent to 40 million tonnes, as compared to 39.2 metric tonnes, year-on-year.

Credit: BCCL

NMDC

Its production in June 2021 increased 18 percent to 2.98 metric tonnes, while sales surged by 28 percent to 3.18 metric tonnes, year-on-year.

Credit: NMDC

Nagarjuna Construction Company

Bagged five new government orders totaling ₹2,149 crore, across water and environment, buildings, and mining divisions.

Credit: NCC

Lupin

Its US subsidiary has received US FDA approval for its application to expand the use of Solosec to include the treatment of trichomoniasis.

Credit: Lupin

Coforge

Its board will meet on July 6 to consider a proposal to raise funds.

Credit: Coforge

Vodafone Idea, SpiceJet, Adani Group and other stocks to watch out for on July 1