Stocks to Watch Today, June 24: Indian stocks are likely to see action on Wednesday with investors tracking a series of corporate developments, including the government’s stake sale in IRFC, fundraising plans at Yes Bank, strategic acquisitions by Honasa Consumer and GTPL Hathway, and a green energy joint venture between NLC India and Indian Oil.
Delhivery may remain in focus after a large block deal, while Tata Power, PFC, Interarch Building Solutions and Swiggy are also expected to be watched following key business announcements.
Here’s the list of stocks to watch in today’s trading session:
Indian Railway Finance Corporation (IRFC)
Govt launches OFS to sell up to 2% stake
The government will divest up to a 2 per cent stake in IRFC through an offer for sale (OFS) at a floor price of Rs 91 per share, beginning Wednesday.
Nexus Venture Partners sells shares
Nexus Venture Partners sold over 43 lakh shares of Delhivery through an open market transaction, valued at Rs 208 crore.
Board meeting scheduled to consider fundraising
Yes Bank announced that its board will meet on June 29 to discuss and decide on fundraising plans.
To acquire 58% stake in Fluence Pharma
Honasa Consumer will acquire a 58 per cent stake in Fluence Pharma at an enterprise value of Rs 135 crore.
NLC India, Indian Oil Corporation
Forms green energy JV
NLC India and Indian Oil Corporation have partnered to establish a joint venture for developing large-scale green energy projects in Tamil Nadu.
Acquires ACT Group’s cable TV business
GTPL Hathway will acquire the cable television business of ACT Group for Rs 36.23 crore to expand its cable TV operations.
Mundra plant to operate at full capacity till September
The power ministry has directed Tata Power’s 4,150 MW Mundra plant to continue operating at full capacity for an additional three months until September.
Power Finance Corporation
Raises USD 300 million through bond issuance
Power Finance Corporation has raised USD 300 million by issuing US dollar-denominated bonds.
Interarch Building Solutions
Secures Rs 165 crore new order
Interarch Building Solutions received a new order worth Rs 165 crore, taking its total order inflows for June 2026 to Rs 375 crore.
Partners with Zerodha Fund House
Swiggy has teamed up with Zerodha Fund House to allow delivery partners to invest a portion of their earnings in mutual funds through its rider app.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
