The global markets are trading on a mixed note, indicating that the domestic markets would open on a subdued note. If you’re unsure which stock to focus on in Thursday’s trade. Here are updates on all the stocks making headlines. You can check these stocks to stay informed about all the key developments.
Earlier on Wednesday, the NSE Nifty 50 closed the session 88 points or 0.35% lower at 25,453, while the BSE Sensex declined 288 points or 0.34% to close at 83,410.
Stocks to watch on July 03, 2025
State Bank of India
State Bank of India (SBI) has classified the loan account of Reliance Communications (RCom) as “fraud”, and is initiating action to report Anil Dhirubhai Ambani, the company’s erstwhile director, to the Reserve Bank of India (RBI), the company said in a regulatory filing on Tuesday. This follows a forensic audit and a year-long exchange of show-cause notices (SCN) and responses.
RITES
RITES has bagged two orders worth Rs 64.01 crore from African Rail Company and South Western Railways on Tuesday. In an exchange filing, the company said that while it received an order worth Rs 37.81 crore from South Western Railways, the order from African Rail Company is valued at $3.6 million, about Rs 26.2 crore.
Aurobindo Pharma
Aurobindo Pharma received marketing authorisation for its cancer treatment medication Dazublys. In an exchange filing, the company said that CuraTeQ Biologics, a wholly owned subsidiary of the company dedicated to oncology and immunology segments, has received authorisation from the European authorities.
Punjab National Bank
Punjab National Bank (PNB) reported gross business of Rs 27.19 lakh crore in the first quarter of the financial year 2024-25, marking a 1.4% rise quarter-on-quarter and an 11.6% increase year-on-year. The bank’s domestic business stood at Rs 26.17 lakh crore, reflecting 1.5% sequential and 11.1% annual growth.
Tata Power
Tata Power Company has been ordered to pay $490.32 million in damages to Kleros Capital Partners, along with interest and legal costs, following a partial award by an arbitral tribunal under the Singapore International Arbitration Centre (SIAC) rules. The tribunal, in a 2:1 majority decision, also awarded Kleros simple interest of 5.33% on the damages from November 30, 2020, until the date of payment. In addition, Tata Power has been directed to pay $8.29 million in legal costs, with interest at the same rate from July 1, 2025.
Indian Bank
Indian Bank reported a 10.2% year-on-year rise in total business for the quarter ended June 30, 2025, at Rs 13.44 lakh crore, up from Rs 12.20 lakh crore in the corresponding period last year, as per the provisional figures. Total deposits stood at Rs 7.44 lakh crore, a growth of 9.3% YoY, while gross advances increased 11.3% to Rs 6 lakh crore, compared with Rs 5.39 lakh crore in the year-ago quarter.
Vedanta
The Ministry of Petroleum and Natural Gas has raised objections to Vedanta Ltd’s proposed demerger during a hearing before the National Company Law Tribunal (NCLT), Mumbai Bench, held on Wednesday, July 2.
Voltas
Voltas received a show cause notice from the office of the Principal Commissioner, Central GST Commissionerate, Dehradun, under the Central Goods and Services Tax Act, 2017, read with the Uttarakhand Goods and Services Tax Act, 2017 and the Integrated Goods and Services Tax Act, 2017.