Stocks to Watch on 2nd February: Hero MotoCorp Sales, Mphasis Exit, TFCI Investment, Gabion Approval

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Last Updated: 2nd February 2026 - 12:24 pm

Summary:

Hero MotoCorp’s January sales growth, senior management changes at Mphasis, an AIF investment decision by TFCI, project approval for Gabion Technologies, and multiple corporate actions are expected to keep these stocks in focus on February 02.
 

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Stocks such as Hero MotoCorp, Mphasis, Tourism Finance Corporation of India, Gabion Technologies India, Hannah Joseph Hospital, and Onward Technologies will be in focus during trade on February 02, following company disclosures, sales updates, bulk deals, and corporate actions, as per stock exchange filings.

Several companies, including Hyundai Motor India, Indus Towers, PB Fintech, Aarti Industries, Akzo Nobel India, Ather Energy, Awfis Space Solutions, Bajaj Housing Finance, Chalet Hotels, City Union Bank, Mahindra Lifespace Developers, Olectra Greentech, PG Electroplast, RailTel Corporation of India, Tata Chemicals, Thermax, UPL, and Utkarsh Small Finance Bank, are scheduled to announce their quarterly earnings today, according to exchange data.

Auto Sales Update

Hero MotoCorp – January Sales

Hero MotoCorp reported a 26% year-on-year increase in total sales at 5.57 lakh units in January, compared with 4.42 lakh units in the same month last year, as per the company’s exchange filing.
Domestic sales rose 26.1% to 5.20 lakh units, from 4.12 lakh units

Exports increased 23.5% to 37,663 units, compared with 30,495 units a year earlier

Stocks to Watch

Mphasis informed exchanges that Elango R has resigned from his role as President – Enterprise 5, North America. Following his resignation, he ceased to be a senior management personnel of the company.

Tourism Finance Corporation of India stated that it has decided to invest up to 5% of the corpus in Oxyzo Credit Fund I, a Category II Alternative Investment Fund, which focuses on debt investments across diversified sectors, as per its regulatory filing.

Gabion Technologies India

Gabion Technologies India received vendor approval / Notice of No Objection (NONO) for its rock catch fence and barrier system for use in Package C3 of the Mumbai–Ahmedabad High-Speed Rail project, according to the company’s disclosure.

Package C3 has been awarded to Larsen & Toubro Construction and involves civil works, including viaducts, tunnels, earthworks, and slope protection systems.

Bulk Deal Activity

Lloyds Enterprises purchased 71 lakh shares, representing 1.78% equity, in India Homes at ₹13.8 per share, for a total consideration of ₹9.79 crore, as per exchange data. MK Banka (HUF) sold 68.25 lakh shares at the same price. As of December 2025, Lloyds Enterprises held a 3.43% stake in India Homes, according to the company’s shareholding pattern.

Onward Technologies

Rational Equity Flagship Fund I acquired 1.14 lakh shares, equivalent to a 0.5% stake, in Onward Technologies at ₹348.16 per share, amounting to ₹3.99 crore, based on exchange disclosures.

SME Listing Watch

Shares of Hannah Joseph Hospital will be tracked following its SME listing, as per stock exchange information.

F&O Ban 

Sammaan Capital is under the F&O ban, as per NSE data.

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