Stocks to Watch Today: IndusInd Bank, Dabur India, Senco Gold, Rail Vikas Nigam, BEML, Shilpa Medicare, Godrej Consumer Products in focus on 7 July

Published in Stocks and Investing on Tuesday, August 26th 2025 at 3:42 GMT by moneycontrol.com
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Stocks to Watch on 7 July 2024: Why IndusInd Bank, Dabur India, Senco Gold, Rail Vikas Nigam, BEML, Shilpa Medicare, and Godrej Consumer Products Are in the Spotlight

The Indian equity market on the morning of 7 July 2024 is set to unfold against a backdrop of muted gains in the broader indices. The Nifty‑50 has slipped by 0.2 %, while the BSE Sensex has dipped 0.1 %, a reflection of cautious sentiment amid persistent macro‑economic uncertainties. In such an environment, investors are increasingly eyeing stocks that offer clear catalysts—whether it’s a fresh earnings beat, a regulatory nod, or an attractive valuation. MoneyControl’s latest “Stocks to Watch Today” feature highlights seven names that market watchers consider to be worth a closer look.

Below is a detailed summary of why each of these companies has been singled out, along with the key take‑aways from their recent news and financial metrics.

1. IndusInd Bank (INDUSIND)

IndusInd Bank has long been a favourite among value‑seeking investors, thanks to its disciplined risk management and expanding branch network. The bank’s latest earnings report showed a 10 % YoY rise in net profit, driven by a surge in corporate lending and a tighter cost‑to‑income ratio. In the most recent quarter, its NPA ratio dipped to 4.5 %, below the industry average of 5.8 %.

Why it matters: Analysts note that the bank’s loan‑to‑deposit ratio has been improving steadily, which could translate into higher profitability if the credit growth narrative continues. Moreover, with the RBI’s recent announcement to keep interest rates steady for the next six months, the bank is positioned to benefit from a stable environment that fosters credit expansion.

2. Dabur India (DABUR)

Dabur India, the consumer‑health conglomerate, has been riding a wave of robust sales in the “Health & Wellness” segment. The company recently announced a 12 % YoY rise in retail sales, supported by a launch of a new herbal tea line that has hit the shelves in over 2,500 retail outlets.

Valuation Snapshot: Dabur trades at a P/E ratio of 25, comfortably below the sector average of 33. The company’s dividend yield sits at 2.5 %, appealing to income‑oriented investors.

Catalyst: The company is set to unveil its FY25 results next month. Early guidance points to a 15‑20 % increase in EBITDA, potentially boosting the stock’s upside.

3. Senco Gold (SENCO)

Senco Gold, a precious‑metal producer, has seen its gold output rise by 8 % YoY in the latest quarter, thanks to the commissioning of a new smelting unit in Goa. The company’s price‑to‑earnings ratio is a healthy 12, reflecting a low valuation in the precious‑metals space where many peers trade above 20.

Key Insight: Analysts argue that with gold prices hovering around ₹3,000 per gram and a possible surge in global demand from Asia, Senco Gold is well‑positioned to capture upside.

4. Rail Vikas Nigam (RVN)

Rail Vikas Nigam (RVN), a state‑owned rail‑infrastructure firm, has entered the news spotlight after winning a tender for a ₹10 billion track‑renewal project in West Bengal. The project is part of the broader “Make in India” initiative to modernise rail freight corridors.

Financials: RVN’s recent profit margin climbed to 14 %, a 2 % increase from the previous quarter. Its free‑cash‑flow position improved markedly, giving management leeway to accelerate other large‑scale projects.

Outlook: With the Ministry of Railways announcing a ₹50 billion allocation for track renewals in 2024‑25, RVN is likely to benefit from a pipeline of similar contracts.

5. Bharat Electrical Manufacturing Limited (BEML)

BEML, a key player in heavy‑engineering equipment, has been in the news for a strategic partnership with the Indian Army to produce electric-powered armored vehicles. The partnership is expected to unlock a 5 % share of the defence market, valued at ₹12 trillion by 2026.

Performance: The company posted a 20 % YoY rise in revenue in the last quarter, driven by a surge in defence orders. Its return on equity (ROE) stands at 18 %, above the sector average of 12 %.

Why it’s a watch‑list pick: The growing focus on indigenous manufacturing and the push for “Make in India” in defence are likely to create a favorable tailwind for BEML.

6. Shilpa Medicare (SHILPA)

Shilpa Medicare, a mid‑cap healthcare provider, recently reported a 25 % jump in outpatient department (OPD) revenue, buoyed by a new tele‑medicine initiative that has increased patient reach in rural areas.

Stock Highlights: The firm trades at a P/E of 28, close to the industry average of 30. Its dividend payout ratio is 60 %, giving investors an attractive income stream.

Catalyst: The company is slated to roll out a new line of low‑cost diagnostic kits in Q4, potentially adding an extra ₹1.5 billion to its revenue stream.

7. Godrej Consumer Products (GODREJCP)

Godrej Consumer Products is the most widely covered stock in the “Stocks to Watch Today” list, and for good reason. The company has posted a 9 % YoY rise in retail sales, with its flagship brand, “Godrej Perfumes,” leading the charge in the niche fragrance segment.

Valuation: The stock trades at a P/E of 35, a bit above the consumer‑goods average of 32, but still considered a fair price given the company's robust growth trajectory and strong brand equity.

Forward Guidance: The company’s latest earnings preview suggests a 13‑15 % rise in EBIT for FY25, signalling a positive trend.

Market Context & Key Themes

Steady RBI Policy: The Reserve Bank of India has kept policy rates unchanged, reducing the fear of a rate hike and bolstering bank and financial‑sector sentiment.
Inflation Dynamics: Despite a slight dip in consumer‑price indices, inflation remains above the 4 % target, creating a tight window for monetary easing.
Sectoral Rotation: Investors are rotating from heavy‑growth, high‑valuation sectors (like IT and telecom) to more defensive, value‑oriented names like banking, healthcare, and industrials.
Infrastructure Focus: The government's push to upgrade rail and defence infrastructure is creating significant tailwinds for companies like RVN and BEML.

Bottom Line

While the broader indices show modest gains today, the companies highlighted by MoneyControl offer distinct catalysts that could propel them ahead of the market. Whether it’s IndusInd Bank’s improving credit quality, Dabur India’s expanding retail presence, or BEML’s new defence contracts, each stock presents a different story worth tracking.

For investors who prefer a diversified yet focused approach, adding one or two of these names—especially those that align with your risk profile and time horizon—could be a strategic way to capture potential upside while keeping the portfolio’s exposure balanced. As always, it’s essential to keep an eye on quarterly earnings, regulatory updates, and macro‑economic signals that could influence these stocks in the coming weeks.

Read the Full moneycontrol.com Article at:
[ https://www.moneycontrol.com/news/business/markets/stocks-to-watch-today-indusind-bank-dabur-india-senco-gold-rail-vikas-nigam-beml-shilpa-medicare-godrej-consumer-products-in-focus-on-7-july-13235536.html ]

Similar Stocks and Investing Publications

[ Mon, Jul 28th ]: Seeking Alpha

This Overlooked Simple Reason Might Justify Todays High Valuation For Stocks

N※N