Stocks

Key Stocks to Monitor on July 2: Patanjali Foods, CSB Bank, DCX Systems, NMDC

Published July 3, 2024

As the market prepares to open on July 2nd, investors will be closely observing a handful of stocks that have shown significant financial movements or are poised for potential activity based on recent developments. Among the noteworthy shares to watch are Patanjali Foods, CSB Bank, DCX Systems, and NMDC.

CSB Bank Shows Robust Growth

CSB Bank CSBBANK, formerly known as Catholic Syrian Bank, has reported an impressive year-over-year (YoY) growth in gross advances, with a rise of 17.8 percent taking the total to Rs 25,099 crore. Moreover, the bank has experienced a surge in total deposits, witnessing a 22.2 percent increase to reach Rs 29,920 crore. These growth figures signal a strong performance from the bank, indicating potential for investor interest.

Patanjali Foods, DCX Systems, and NMDC in Focus

While CSB Bank displays promising growth figures, other stocks on the radar such as Patanjali Foods PATANJALI, DCX Systems DCX, and NMDC NMDC will also be closely monitored by investors on July 2nd. Patanjali Foods has been the subject of investor focus due to its association with the well-known consumer goods brand Patanjali, while DCX Systems is attracting attention due to recent news and contracts within the defense industry. NMDC, being a key player in the mining sector, frequently makes the watchlist on account of its performance and the volatility of commodity markets.

CSBBank, Patanjali, DCXSystems, NMDC