financetom
Market
financetom
/
Market
/
Here’s a look at buzzing stocks for trade on July 9
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Here’s a look at buzzing stocks for trade on July 9
Jul 8, 2021 10:42 PM

The Indian market is likely to open lower Friday following losses in global peers.

Here are the top 10 buzzing stocks for today:

1. Tata Consultancy Services

: The company’s Q1FY22 net profit fell 2.6 percent to Rs 9,008 crore from Rs 9,246 crore, revenue rose 3.9 percent to Rs 45,411 crore from Rs 43,705 crore, QoQ. $ revenue rose 2.8 percent to $6,154 million from $5,989 million, QoQ. EBIT decreased 1.2 percent to 11,588 crore, while EBIT margin fell by 130 bps to 25.5 percent, sequentially.

2. Tata Steel: CARE upgraded the long term credit rating on the company to AA+ from AA and the outlook to Stable from Negative.

3. Tata Motors: The company has inked a two-year memorandum of understanding (MoU) with Jammu & Kashmir Bank for retail finance.

4. Bharat Dynamics: The company has signed a contract worth about Rs 499 crore with the Ministry of Defence for the manufacture and supply of Akash Missiles to the Indian Air Force.

5. Union Bank of India: The bank has accepted bids to raise up to Rs 1,150 crore by issuing Basel III-compliant bonds.

6. JSW Ispat Special Products: The company’s crude steel production in Q1FY22 was at 0.14 million tonnes, down 6 percent from 0.15 million tonnes in Q4FY21 and up 76 percent from 0.08 million tonnes, YoY.

7. Elgi Equipments: The company’s US subsidiary has formed a Joint Venture company “Gentex Air Solutions, LLC” and invested $95,000 for a 33.33 percent stake.

8. Texmaco Rail & Engineering: CARE reaffirmed long term credit rating on the company at A-, but downgraded outlook to Negative from Stable.

9. Jammu & Kashmir Bank: The Reserve Bank of India has imposed a penalty of Rs 1 crore on the bank, on account of contravention of directions contained in circulars on 'Lending to Non-Banking Financial Companies (NBFCs) and Bank Finance to Non-Banking Financial Companies (NBFCs)'.

10. Dwarikesh Sugar Industries: The company has embarked upon a project to set up a 175 KLPD distillery at its Dwarikesh Dham Unit in Bareilly, Uttar Pradesh with an investment of Rs 232 crore.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Health Care
Sector Update: Health Care
Nov 14, 2025
08:56 AM EST, 11/14/2025 (MT Newswires) -- Health care stocks were declining premarket Friday, with the Health Care Select Sector SPDR Fund (XLV) down 0.4% and the iShares Biotechnology ETF (IBB) 0.3% lower. Bristol-Myers Squibb ( BMY ) stock was down nearly 5% after the company and Johnson & Johnson ( JNJ ) said they decided to stop a phase...
Sector Update: Tech
Sector Update: Tech
Nov 14, 2025
08:50 AM EST, 11/14/2025 (MT Newswires) -- Technology stocks were declining premarket Friday, with the Technology Select Sector SPDR Fund (XLK) 2% lower and the SPDR S&P Semiconductor ETF (XSD) down 2.1%. Alphabet's (GOOG) Google ( GOOG ) was ordered to pay 573 million euros ($665.8 million) as a result of two antitrust lawsuits brought by German price-comparison shopping websites,...
Exchange-Traded Funds, Equity Futures Pre-Bell Friday as Rate-Cut Hopes Fade
Exchange-Traded Funds, Equity Futures Pre-Bell Friday as Rate-Cut Hopes Fade
Nov 14, 2025
08:56 AM EST, 11/14/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down 1.1% and the actively traded Invesco QQQ Trust (QQQ) was 1.7% lower in Friday's premarket activity as investors scale back chances of a December rate cut by the Federal Reserve. US stock futures were also lower, with S&P...
US STOCKS-US futures drop as December rate-cut expectations ease
US STOCKS-US futures drop as December rate-cut expectations ease
Nov 14, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures down: Dow 0.58%, S&P 500 0.92%, Nasdaq 1.38% * Applied Materials ( AMAT ) falls after reduced China spending forecast * Cidara Therapeutics ( CDTX ) soars on Merck's ( MRK ) buyout deal (Updates with quote, prices)...
Copyright 2023-2026 - www.financetom.com All Rights Reserved