Top Stocks in Focus: Tata Steel, Ola, Union Bank & More

šŸ“ˆ Market Update: Stocks to Watch Ahead of India-US Trade Talks

On Tuesday, July 9, 2025, Indian benchmark indices posted modest gains.

  • BSE Sensex rose by 270 points (0.32%) to close at 83,712.51.
  • Nifty50 climbed 61 points (0.24%) to 25,522.50.

Investors are keeping a close eye on unfolding developments around the India‑US trade agreement.


šŸš€ IPO Spotlight: Crizac Debuts on the Dalal Street

Crizac, a B2B education platform, made its stock market debut today.

  • The company raised ₹860 crore through its IPO (₹860 per share).
  • The issue was almost 60 times oversubscribed, indicating robust investor demand.

šŸ­ Steel Sector: Mixed Performance from Tata Steel and JSW

Tata Steel

  • Reported crude steel production of 5.26 million tonnes in Q1 FY26 (slightly down YoY from 5.27 million).
  • Deliveries dropped by 3.8% to 4.75 million tonnes, impacted by maintenance at Jamshedpur and NINL plants.

JSW Steel

  • Posted a 14% YoY rise in consolidated steel output, reaching 7.26 million tonnes.
  • Domestic production jumped 15% to 7.02 million tonnes, showcasing strong operational momentum.

🚘 Auto Sector: Tata Motors’ Sales Dip

Tata Motors posted declines across its global volumes:

  • Overall wholesales fell 9% YoY to 2.99 lakh units.
  • Commercial vehicle volumes dropped 6% to 87,569 units.
  • Passenger vehicle sales declined 10%, while Jaguar Land Rover saw an 11% drop in global shipments.

⚔ EV Highlight: Ola Electric Rolls Out New Software

Ola Electric Mobility launched its MoveOS 5 platform for all S1 scooters and the new Roadster X motorcycle.
The upgrade promises to:

  • Boost performance
  • Improve reliability
  • Extend driving range

šŸ¦ Banking & Finance: Union Bank Shows Growth

Union Bank of India delivered a solid Q1FY26 performance:

  • Total business rose 5% YoY to ₹22.1 lakh crore.
  • Deposits grew 3.6% to ₹12.39 lakh crore.
  • Domestic retail advances surged 25.6% YoY to ₹2.28 lakh crore.

šŸ” Other Key Corporate Updates

  • Shriram Finance will meet on July 11 to discuss NCD buybacks.
  • Dixon Technologies launched a joint venture, Lightanium, with Signify Innovations through a ₹2.5 crore stake.
  • Puravankara selected as developer for a ₹2,100 crore redevelopment project in Chembur, Mumbai.
  • Government approved the special-purpose vehicle KPIN Clean Power Four LLP under KPI Green Energy.
  • CAMSPay, by CAMS, launched a high-speed payments gateway, capable of over 5,000 transactions per second.
  • Gujarat Pipavav Port reported Q1 throughput near last year: 164,000 TEUs, with liquid cargo up from 0.34 to 0.41 million MT.
  • 5paisa Capital saw its net profit tumble 42.5% YoY to ₹20.1 crore in Q1; revenue dropped 24% to ₹77.7 crore.
  • Bajel Projects plans to expand galvanization capacity to 1.1 lakh MTPA from 40,500 MTPA, investing ₹170 crore.
  • Synergy Green Industries secured a 3.3 MW turbine parts order from Adani Wind. Its order book is projected to double from ₹20 crore in FY25 to ₹40 crore in FY26.

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