Hero motorcycle rocket, but can it be held? HCL Tech Tampbles – Which other stocks moved Dalal Street today?
In the wider market recovery rate, several stocks are eye-catching due to company announcements, earnings updates and industry-specific momentum. Here are the 10 stocks that dominate Dalar Street today:
1. HCL technology: Drag index
Its heavyweight HCL technology fell more than 4% to Rs 1,550, making it the biggest Nifty Laggard of the day. The company reported a 9.7% decline in consolidated net profit in the June quarter. Even as the company improves its revenue guide for fiscal 26, the increased spending and one-time impact of customer bankruptcy also have an impact on performance.
2. Hero Motorcycle: Two-wheeled Titans Rally
Hero Motocorp soared 4% to Rs 4,414, surpassing the 50 winners list. The rally was driven by the company’s ambitious global expansion strategy and strong fiscal 25 financial disclosures, which were disclosed in its annual report, which removed sentiment in auto stocks.
3. Piramal Enterprise: Break New Ground
The piramal business reached a fresh 52-week high of Rs 1,335.20 during the meeting and closed at 2.5%, continuing its recent rally. The uptrend is backed by bullish institutional liquidity and prospects in the sector of financial services.
4. Paytm (One97 Communications): Full momentum
Paytm extended its winning streak with a 2% gain, closing at Rs 999. Now, fintech players have risen 6.6% so far in July, a five-month straight gain due to the improvement in mood and stability after a tough start.
5. Maharashtra Bank: Demand PSU Bank
Bank of Maharashtra saw investor interest, gaining 2.2 per cent to Rs 57.64 after hitting an intraday high. The rally was held among the greater growth of PSU Bank and received strong Q1 earnings and solid credit growth expectations.
6. Ola Electric: Rally Stop
Ola Electric Mobility has earned profits after recent growth, down 3.08% to Rs 45.63. In the last session, the decline was 18%, and after a strong rally, investors locked in earnings.
7. Sun Pharma: Pharma’s favorite
Sun Pharmaceutical Industries grew 2.72% to Rs 1,728.30 and was boosted by strong trading volumes. The stock stands out among its pharmaceutical peers and is one of Nifty’s highest stocks, as defensive capabilities have attracted interest in amid market volatility.
8. Tata Motor: Digital drives fuel optimism
Tata Motors rose 1.26% to Rs 683 and was reported by strong growth in the online business segment of the Group Company Westside. Investor sentiment remains positive about the automotive major, which benefits from resilient demand and cost control.
9. HDFCAMC: Riding Waves
HDFC Asset Management won 3%, which is within the optimistic range of upcoming quarterly earnings. Continuous flows into equity funds and improved investor participation support the upward momentum of stocks.
10. NipponLife India AMC: Focused Asset Managers
Nippon Life India Asset Management reflects its peers’ earnings, climbing 3% in intraday trade. Expectations for results and positive sector prospects help increase investor interest.
Market packaging
The recovery of Indian stocks is broadly based, with earnings seen in areas such as automotive, pharmaceutical and finance. Although inventory remains different, overall sentiment is a 12-month low 12 months through retail inflation, with a higher global market trend. Analysts say FII’s continued purchases and solid domestic macro data can provide further support to the market in the short term.
