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Stocks to watch: Shares of firms like Zee Ent, Asian Paints, NTPC, Vedanta, Sona BLW, HCL Tech, and others will be in focus on Tuesday’s trade
Stocks To Watch
Stocks to Watch Today, June 17, 2025: Despite ongoing geopolitical tensions between Israel and Iran, Indian equity markets extended gains on Monday, led by strong buying in large-cap stocks. Investors continued to bet on long-term fundamentals despite global uncertainty. In today’s trade, shares of Zee Entertainment, Asian Paints, NTPC, Tanla Platforms, Hyundai Motor, and others will be in focus due to key corporate developments.
Top Stocks in Focus
ICICI Bank
The Reserve Bank of India has approved the extension of Sandeep Batra’s term as Executive Director for two more years.
Jet Airways
The company stated that financial results for FY24 and FY25 are yet to be finalised, as liquidation proceedings are currently underway.
Tanla Platforms
The board approved a share buyback of 20 lakh shares (1.49% equity) worth Rs 175 crore at Rs 875 per share through the tender offer route.
NTPC
NTPC’s board will meet on June 21 to consider raising up to Rs 18,000 crore via bonds or non-convertible debentures (NCDs).
Hyundai Motor India
The company has begun producing passenger vehicle engines at its Talegaon plant in Maharashtra starting June 16.
Zee Entertainment
The company plans to raise Rs 2,237.44 crore from promoter group entities, increasing promoter shareholding to 18.4%.
Sona BLW Precision Forgings
Following Chairman Sunjay Kapur’s demise, the board will meet soon to elect a new chair. CEO Vivek Vikram Singh will continue leading operations.
Biocon
Biocon launched a qualified institutional placement (QIP) to raise Rs 4,500 crore by issuing up to 139 million new shares (11.6% of its current equity base) at a floor price of Rs 323.2.
Mphasis
The IT firm announced a strategic partnership with AI company Sixfold to offer generative AI solutions for insurance underwriters.
Vishal Mega Mart
Promoter entity Samayat Services LLP plans to sell around 10% stake via a block deal, aiming to raise USD 588 million.
Asian Paints
On Monday, Reliance Industries sold 8.5 million shares of Asian Paints at Rs 2,207 per share via the open market. ICICI Prudential Mutual Fund acquired the same number at the same price. Last week, RIL had offloaded 35 million shares (3.64% stake).
HCL Technologies
HCLTech entered into a strategic partnership with European energy firm E.ON to modernize its cloud infrastructure.
Ramkrishna Forgings
Promoters will infuse fresh capital through warrants priced nearly three times the market value. An EGM is scheduled for June 28 for shareholder approval.
Lupin
Lupin signed a licensing and supply agreement with Sino Universal Pharmaceuticals to launch Tiotropium DPI (18 mcg/capsule) in China to treat COPD.
Nazara Technologies
The board has approved the allotment of 50 lakh shares (face value Rs 4) at Rs 990 per share via preferential allotment to Axana Estates LLP, raising Rs 495 crore.
Disclaimer:Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
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