Stocks to Watch Today: Adani Enterprises, Punjab National Bank, Marico, BPCL and 12 More

Indian stock markets are expected to remain stock-specific on Friday, 3 July, as several companies announced major business updates, fundraising plans, acquisitions and strong quarterly business performance. From Adani Enterprises' ₹10,000 crore Qualified Institutional Placement (QIP) to Marico's strong Q1FY27 growth outlook and Punjab National Bank's double-digit business expansion, multiple stocks are likely to remain in focus during today's trading session.

Investors will also track updates from companies across the banking, FMCG, energy, infrastructure and railway sectors as early Q1FY27 business updates continue to drive market sentiment.

Stocks to Watch Today: Key Highlights

Company	Key Development
Adani Enterprises	Launched QIP to raise up to ₹10,000 crore
Marico	Expects revenue growth in early twenties during Q1FY27
Punjab National Bank	Global business rises 10.32% YoY
BPCL	Completes acquisition of remaining stake in IBV Brasil
Coal India	Coal supplies to power plants increase 5.9% YoY
Sterlite Technologies	Raises ₹1,500 crore through QIP
M&M Financial Services	Q1 disbursements expected to rise 21% YoY
PC Jeweller	Revenue up around 21%; debt reduced by over 90%

Adani Enterprises Launches ₹10,000 Crore QIP

Adani Enterprises has launched a Qualified Institutional Placement (QIP) to raise up to ₹10,000 crore, according to sources. The fundraising is expected to strengthen the company's balance sheet and support future expansion across its infrastructure and new energy businesses.

Marico Expects Strong Q1FY27 Revenue Growth

FMCG major Marico expects consolidated revenue to grow in the early twenties during the first quarter of FY27. The company said growth was driven by strong performance across its domestic, digital and international businesses, while its India business recorded double-digit underlying volume growth, reaching a multi-quarter high.

Punjab National Bank Reports Double-Digit Business Growth

Punjab National Bank (PNB) reported a 10.32% year-on-year increase in global business, which reached ₹29.99 lakh crore as of June 30, 2026.

Business Metric	Value
Global Business	₹29,99,876 crore
Growth	10.32% YoY

The growth was supported by steady expansion in both deposits and advances.

BPCL Completes Brazilian Acquisition

State-owned Bharat Petroleum Corporation Ltd. (BPCL) has completed the acquisition of the remaining 39.14% stake in IBV Brasil Petroleo Limitada for ₹2,312 crore.

Following the transaction, BPCL now owns 100% of the Brazilian oil and gas company, strengthening its international upstream portfolio.

Coal India Boosts Supply to Power Plants

Coal India Ltd. supplied 51.44 million tonnes (MT) of coal to power plants during June FY27, registering a 5.9% year-on-year increase from 48.57 MT supplied in the same month last year.

Higher electricity demand during the summer season supported the increase in coal dispatches.

Sterlite Technologies Raises ₹1,500 Crore

Broadband and digital network solutions provider Sterlite Technologies successfully raised ₹1,500 crore through a Qualified Institutional Placement (QIP), attracting participation from both domestic and global institutional investors.

M&M Financial Services Reports Strong Disbursement Growth

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Mahindra & Mahindra Financial Services expects overall disbursements for the first quarter of FY27 to reach approximately ₹15,560 crore, representing a 21% year-on-year increase.

The update indicates continued healthy demand across vehicle and rural financing segments.

Banking Stocks in Focus After Strong Business Updates

Several banking stocks announced robust provisional Q1FY27 business updates.

Bank	Key Update
Ujjivan Small Finance Bank	Deposits up 25.1%; CASA deposits rise 37.8%
Equitas Small Finance Bank	Gross advances up 26.7%; deposits up 10.44%
CSB Bank	Deposits increase 26% YoY
UCO Bank	Total business grows 15.46% to ₹6.05 lakh crore

These updates highlight continued credit growth and improving deposit mobilisation across the banking sector.

PC Jeweller Nears Debt-Free Status

PC Jeweller reported approximately 21% year-on-year growth in consolidated revenue for the June quarter.

The company also announced that its outstanding debt has been reduced by more than 90%, with management expecting to achieve a debt-free status during the current quarter.

Other Stocks to Watch

Varun Beverages

The company's South African step-down subsidiary Twizza will merge into subsidiary Bevco in a restructuring exercise involving no cash consideration or fresh share issuance.

LG Electronics India

The company received relief after GST authorities dropped a proposed tax demand of ₹116.72 crore, including penalties, for FY2021-22.

BLS E-Services

The company has acquired 100% stake in Atyati Technologies Private Limited for approximately ₹157 crore through an all-cash transaction.

Texmaco Rail & Engineering

The railway equipment manufacturer received a Letter of Acceptance (LoA) worth ₹26.56 crore from South Central Railway.

Stocks to Watch on 3 July 2026

Company	Trigger
Adani Enterprises	₹10,000 crore QIP
Marico	Strong Q1FY27 revenue outlook
Coal India	Higher coal supplies
BPCL	Brazil acquisition completed
Sterlite Technologies	₹1,500 crore QIP
Punjab National Bank	Strong business growth
M&M Financial Services	21% growth in disbursements
Ujjivan SFB	Strong deposit growth
Equitas SFB	Advances and deposits grow
CSB Bank	Deposit growth
UCO Bank	Business expansion
PC Jeweller	Revenue growth; debt reduction
LG Electronics India	GST demand dropped
BLS E-Services	Acquisition announcement
Texmaco Rail	New railway order

Key Takeaways

Friday's session is expected to witness stock-specific action as investors react to fundraising announcements, acquisitions, strong quarterly business updates and operational developments. Adani Enterprises, Marico, Punjab National Bank, Coal India, BPCL, Sterlite Technologies, and several banking stocks are likely to remain among the key stocks in focus.

Which stock is in focus due to a fundraising announcement?

Adani Enterprises has launched a ₹10,000 crore Qualified Institutional Placement (QIP), making it one of the key stocks to watch.

Why is Marico in focus?

Marico expects consolidated revenue to grow in the early twenties during Q1FY27, supported by broad-based growth across its businesses.

Why is Punjab National Bank in the spotlight?

PNB reported a 10.32% year-on-year increase in global business to nearly ₹30 lakh crore.

Which PSU announced an overseas acquisition?

BPCL completed the acquisition of the remaining 39.14% stake in IBV Brasil Petroleo Limitada, taking its ownership to 100%.

Which railway stock received a new order?

Texmaco Rail & Engineering received a ₹26.56 crore order from South Central Railway.