WATCH OUT FOR STOCKS IN NEWS

Watch out for the below mentioned stocks in news which are likely to be on spotlight for today the 02 -Jul-2025 : - HDB Financial Services: The HDFC Bank-backed NBFC is set to make its Dalal Street debut on Wednesday after the company raised a total of Rs 12,500 crore via IPO between June 25-27, selling its shares for Rs 740 apiece. The issue was overall subscribed 16.7 times. Asian Paints: The Competition Commission of India (CCI) has ordered its Director General (DG) to investigate allegations of abuse of market dominance by paint maker Asian Paints. This investigation follows a complaint raised by Grasim Industries, a new entrant into the paint market through Birla Opus Paints, as per an official order dated July 1. Hyundai Motor India: The recently listed auto major has reported a 6 per cent YoY decline in total sales for June, down to 60,924 units from 64,803 units in the same month last year. Domestic dispatches fell 12 per cent to 44,024 units compared to 50,103 units in June 2024. Lupin: The pharma firm has received approval from the USFDA for its Abbreviated New Drug Application (ANDA) for Loteprednol Etabonate Ophthalmic Gel. Lupin is the exclusive first-to-file for this product and is eligible for 180 days of generic drug exclusivity. This product is a corticosteroid indicated for the treatment of postoperative inflammation and pain following ocular surgery. SBI Cards and Payment Services: The financial services company has received a show cause notice from the GST Department, Gurugram, proposing to disallow input tax credit (ITC) of Rs 81.45 crore on account of a mismatch between GSTR-2A and GSTR-3B, and Rs 47.53 lakh on supplies from units whose registrations were cancelled retrospectively or who have not filed GSTR-3B.