Trading Radar For July 9: Pharma Stocks, Ola, Tata Steel, Dixon Tech, And Crizac Are On The Watchlist

Indian equity markets rallied late on Tuesday afternoon to reclaim the crucial 25,500 level. The markets are expected to open flat to slightly negative on Wednesday, tracking weak global cues. The Gift Nifty edged 0.03% lower at 25,590.

Here are the stocks to watch out for ahead of Wednesday’s session.

Pharma stocks: US President Donald Trump threatens to impose a 200% tariff on pharmaceutical imports into the US. Keep an eye on stock such as Gland Pharma, Dr Reddy’s, Aurobindo Pharma, Sun Pharma, Lupin, among others. 

Ola Electric Mobility: Began the mass rollout of its in-house developed MoveOS 5 software across its S1 scooters and Roadster X motorcycles.

Dixon Technologies: Formed a 50:50 joint venture named Lightanium Technologies with Signify Innovations India to grow its presence in the lighting sector.

KPI Green Energy: Received government approval to set up a special purpose vehicle, KPIN Clean Power Four LLP.

Ashoka Buildcon: Its subsidiary, Ashoka Bowaichandi Guskara Road, submitted ₹1,391 crore financing documents to NHAI for the development of a four-lane corridor in West Bengal.

Synergy Green Industries: Received a development order from Adani Wind for turbine parts, potentially doubling its order book to ₹40 crore in FY26.

Puravankara: Selected to redevelop eight residential societies in Mumbai’s Chembur area, with a Gross Development Value (GDV) of ₹2,100 crore.

Bajel Projects: Plans to invest ₹170 crore to expand its Ranjangaon plant’s galvanization capacity to 1.1 lakh MTPA by FY27.

Computer Age Management Services (CAMS): Launched a new high-speed CAMSPay payment gateway capable of processing over 5,000 transactions per second.

Crizac: The B2B education platform will begin trading on the main indexes.

Quarterly Updates

Union Bank of India: Reported a 5% growth in global business to ₹22.14 lakh crore in the first quarter.

Gujarat Pipavav Port: Saw a marginal 0.6% dip in container cargo volume to 1.64 lakh TEUs (twenty-foot equivalent unit), while liquid cargo rose to 0.41 MMT and dry bulk remained flat.

5paisa Capital: Posted a 42.5% decline in Q1 net profit to ₹11.5 crore, while revenue dropped 24% to ₹77.7 crore.

Tata Steel: Reported a slight fall in domestic production to 5.26 million tonnes and a 3.8% decline in deliveries.

JSW Steel: Recorded a 14% increase in consolidated crude steel output to 7.26 million tonnes, with 87% capacity utilization in domestic operations.

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