Stocks to Watch Today, June 9: Indian shares are likely to see stock-specific action on Tuesday as investors react to a series of corporate developments. Vedanta will be in focus after rebranding its copper and nickel businesses, while Rail Vikas Nigam and DEE Development Engineers secured fresh project orders.
NLC India may draw attention after the government announced a stake sale through an offer-for-sale. Grasim Industries, TCS, HCL Technologies and Bharti Airtel are also among stocks to watch following investment, deal and regulatory-related announcements.
Here’s the full list of stocks to watch in today’s trading session:
Vedanta
Copper and Nickel Businesses Rebranded
Vedanta has rebranded its copper and nickel businesses as Vedanta Copper and Vedanta Nickel, respectively. The move aligns with the group’s strategy of creating sector-focused identities and strengthening its position across key industrial segments.
Wins Railway Contract
Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LoA) from South East Central Railway for an Engineering, Procurement and Construction (EPC) project valued at Rs 221.33 crore.
Government Launches OFS
The Government of India will divest up to 3 per cent stake in NLC India through an Offer for Sale (OFS). The floor price for the issue has been fixed at Rs 303 per share.
DEE Development Engineers
Secures BPCL Order
DEE Development Engineers Limited (DDEL) has secured a contract worth Rs 386.83 crore from Bharat Petroleum Corporation Limited (BPCL), strengthening its order book and business outlook.
Approves Capacity Expansion
Grasim Industries has announced an investment of Rs 3,094 crore for Phase II expansion of its Lyocell manufacturing capacity. The project will add 110 KTPA capacity at its Harihar facility in Karnataka.
Signs Multi-Million Euro Europe Deal
TCS has secured a multi-million-euro contract from Canada Life to modernise the insurer’s IT infrastructure operations across Europe, reinforcing its presence in the financial services sector.
Launches AI Innovation Zone with Google Cloud
HCL Technologies, in partnership with Google Cloud, has launched an AI Innovation Zone in California. The initiative aims to help enterprises accelerate the adoption and scaling of AI solutions across agentic, kinetic, and physical AI applications.
Wins Spectrum Charge Case
The Bombay High Court has ruled in favour of Bharti Airtel and Vodafone Idea by striking down the Centre’s one-time spectrum charge. The court held that the government lacked the authority to retrospectively alter the financial terms of telecom licenses after they were granted.
(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.)
