10 Jun , 2025 By : Debdeep Gupta
Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, and fund raising, here’s a quick look at which stocks will be in focus in today's trade:
Results Today
Borana Weaves, Orissa Minerals Development Company, PG Foils, and Supreme Infrastructure India will release their quarterly earnings on June 10.
Stocks to Watch
Premier Energies
South Asia Growth Fund II Holdings is likely to sell 2.5 crore equity shares (representing 5.5% of the paid-up equity) of the company via block deals, according to sources quoted by CNBC-TV18. The floor price for the sale may be set at Rs 1,051.50 per share.
Capri Global Capital
The company has opened its Qualified Institutions Placement (QIP) issue for subscription on June 9, with a floor price of Rs 153.93 per share. According to CNBC-TV18, quoting sources, the size of the QIP may be up to Rs 2,000 crore, including an upsize option of Rs 500 crore.
Jana Small Finance Bank
Jana Small Finance Bank has submitted an application to the Reserve Bank of India (RBI), seeking approval for its voluntary transition from a small finance bank to a universal bank.
IRB Infrastructure Developers
The company, along with IRB Infrastructure Trust, has reported an 8.5% growth in toll collections for the month of May, reaching Rs 581.2 crore, compared to Rs 535.5 crore in the same period last year.
Nibe
The company has entered into a Licensing Agreement with the Defence Research and Development Organisation (DRDO), Ministry of Defence, India, for the transfer of technology related to the modular bridging system of various lengths, ranging from 14m to 46m. Under the terms of the agreement, the company is licensed to manufacture this critical system in India and sell it within specified licensing regions for a period of 10 years. This includes exclusive rights to supply the system to the Indian Armed Forces and other government agencies.
Protean eGov Technologies
The company has received a work order valued at approximately Rs 100 crore from the Bima Sugam India Federation (BSIF). The company will serve as the technology solution provider for the end-to-end development, implementation, support, and maintenance of the Bima Sugam Marketplace, platform integrations, and marketplace protocols.
ITD Cementation India
The company has secured a contract worth Rs 893 crore for the construction of a berth and breakwater for the development of greenfield captive jetty(s) in Odisha.
Veedol Corporation
Promoter Andrew Yule and Company will be selling up to 2% stake (or 3.48 lakh shares) in Veedol Corporation via offer-for-sale (OFS) on June 10-11. The OFS opened for non-retail investors on June 10 and will open for retail investors on June 11. The floor price has been fixed at Rs 1,566 per share.
AstraZeneca Pharma India
Sanjeev Kumar Panchal has offered to resign as the Managing Director of the company, effective June 30, as he will be taking up a global role within the AstraZeneca Group, based in Gaithersburg, Maryland, US. The Board has appointed Praveen Rao Akkinepally as an Additional Director and the Managing Director of the company, effective July 1.
Force Motors
Sanjay Kumar Bohra has resigned as Chief Financial Officer (CFO) of the company, effective June 9. The Board has appointed Rishi Luharuka as the Chief Financial Officer of the company, designated as 'Group CFO', effective June 10.
Geojit Financial Services
The Board has appointed Jayakrishnan Sasidharan as the Chief Information Officer of the company, effective June 9.
Tech Mahindra
Lakshmanan Chidambaram will retire as President of Tech Mahindra Americas – Strategic Vertical Business, effective June 30.
Oberoi Realty
Pankaj Gupta has resigned as Chief Executive Officer - Commercial Real Estate, a senior management position at the company, effective June 9.
RITES
The company has received a Letter of Acceptance (LOA) for contracts worth $2.9 million from the Ministry of Public Works, the Co-operative Republic of Guyana. The contracts include construction supervision for the extension of the East Bank–East Coast Road Project Phase 2 (Eccles to Providence), along with additional work for the existing assignment from the Ministry of Public Works.
Jindal Saw
The company will incorporate a step-down subsidiary in Abu Dhabi, United Arab Emirates (UAE), to set up a seamless pipe manufacturing facility with a capacity of 3 lakh tons per annum (TPA) to cater to the oil and gas sector in the MENA region, for an investment of $105 million. Further, through its subsidiary Jindal Saw Holdings FZE, the company will set up a helically spiral welded (HSAW) pipe project in the Kingdom of Saudi Arabia (KSA) by entering into a joint venture agreement with Buhur for Investment Company LLC, KSA. Additionally, a Ductile Iron pipe project will be set up by entering into a joint venture agreement with RAX United Industrial Company, KSA.
Mahindra and Mahindra
After the allotment of 8.51 crore equity shares at an issue price of Rs 194 per share on rights basis, the company’s shareholding in M&M Financial Services has increased from 52.16% to 52.49%.
Stocks Trade Ex-Dividend
Asian Paints
Indian Bank
Johnson Controls-Hitachi Air Conditioning India
Tata Investment Corporation
Stock Trades Ex-Date for Split
Vesuvius India
Stocks in F&O Ban
Titagarh Rail Systems
Aditya Birla Fashion and Retail
Chambal Fertilisers and Chemicals
Hindustan Copper
Stocks removed from F&O ban
Manappuram Finance
0 Comment