Stocks to Watch Today, June 25: Stocks such as Pine Labs, SAIL, Trent, Vedanta, Bandhan Bank, LIC, Torrent Power, Hindustan Copper, IRFC, Adani Enterprises, and HCL Technologies are likely to remain in focus today following key corporate developments.
These include stake sales, leadership changes, fundraising activities, regulatory approvals, interest rate revisions, strategic expansions, and major business partnerships.
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Stocks in focus |
Why in focus |
| Pine Labs | Actis Sells Over 2% Stake for Rs 371 Crore |
| SAIL | Supplies 5,700 Tonnes of Defence-Grade Steel to Navy |
| Trent | Noel Tata to Step Down as Chairman |
| Vedanta | Forms Wholly-Owned Real Estate Subsidiary VPPL |
| Bandhan Bank | Raises FD Rates by Up to 20 Basis Points |
| LIC | CFO Sunil Agrawal Resigns |
| Torrent Power | Raises Rs 3,800 Crore Through NCD Issue |
| Hindustan Copper | Receives Forest Clearance for Chandmari Mine |
| IRFC | Government OFS Oversubscribed by Institutional Investors |
| Adani Enterprises | Plans 10 GW Nuclear Power Capacity by 2035 |
| HCL Technologies | Expands AI-Driven Network Automation Partnership with Nokia |
Actis Sells Stake in Pine Labs
Actis divested a little over 2% stake in Pine Labs through an open market transaction on Wednesday, raising approximately Rs 371 crore.
SAIL
Supplies Defence-Grade Steel for Navy Vessels
Three SAIL units, including Rourkela Steel Plant, supplied the full requirement of 5,700 tonnes of special defence-grade steel for three recently commissioned Indian Navy vessels.
Trent
Noel Tata to Step Down as Chairman
Noel Tata announced that Trent’s 74th AGM will be his final one as Chairman, ending a tenure that transformed the company into a leading fashion and lifestyle retailer.
Vedanta
Enters Real Estate Sector
Vedanta Ltd incorporated a wholly-owned subsidiary, Vedanta Property Platforms Ltd (VPPL), marking its entry into the real estate business.
Bandhan Bank increased interest rates on select fixed deposits by up to 20 basis points, offering senior citizens up to 7.95% returns on specific tenures.
LIC (Life Insurance Corporation of India)
CFO Sunil Agrawal Resigns
Sunil Agrawal has resigned as Chief Financial Officer of LIC. His resignation will take effect from July 14.
Raises Rs 3,800 Crore via NCDs
Torrent Power announced the raising of Rs 3,800 crore through the issuance of non-convertible debentures (NCDs).
Hindustan Copper received forest clearance from the Rajasthan government for mining operations at the Chandmari copper mine.
OFS Receives Strong Investor Demand
Institutional investors oversubscribed the government’s offer for sale (OFS) of Indian Railway Finance Corporation on Wednesday.
Adani Group Targets 10 GW Nuclear Capacity
The Adani Group plans to develop 10 GW of nuclear power capacity by 2035, expanding its presence across multiple power generation and transmission segments.
Expands Partnership with Nokia
HCLTech expanded its partnership with Nokia to advance AI-driven network automation and co-develop network automation rApps, including four new applications on Nokia’s marketplace.
(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.)
