26 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, appointments, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:
Stocks to Watch
One Mobikwik Systems
Net 1 Applied Technologies Netherlands BV is likely to sell an 8% stake in Mobikwik via block deals, reports CNBC-TV18, quoting sources.
PB Fintech
Yashish Dahiya and Alok Bansal are likely to sell 5.05 million shares (or a 1.1% equity stake) of PB Fintech via block deals, reports CNBC-TV18, quoting sources. The deal size could be around $106 million, with a base price of Rs 1,800 per share.
ACME Solar Holdings
The company has emerged as the winning bidder for NHPC’s tender for a cumulative capacity of 275 MW / 550 MWh standalone Battery Energy Storage System (BESS) projects in Andhra Pradesh, across two sites at Kuppam and Ghani. As part of the project, ACME will receive viability gap funding of Rs 27 lakh per MWh, or 30% of the total project cost, whichever is lower.
Western Carriers India
The logistics and supply chain solutions provider has secured a contract worth Rs 558 crore from Jindal Stainless. The three-year contract involves the dispatch of slabs, coils, and sheet plates in DSO containers to multiple destinations across pan-India.
Texmaco Rail and Engineering
Texmaco Rail has received an order worth $62.24 million (equivalent to Rs 535 crore) from CAMALCO SA, Cameroon. The order includes the manufacturing and supply of 560 open-top wagons at $32.76 million (equivalent to Rs 282 crore) and a long-term maintenance contract for 20 years at $29.48 million (equivalent to Rs 253 crore). The initial order includes provision for an additional order for 1,040 wagons over the next five years, along with long-term maintenance.
Om Infra
The company has received a contract worth Rs 199.84 crore for hydro-mechanical works for India’s largest power generation project, the 2,880 MW Dibang Project, from NHPC in Arunachal Pradesh.
JSW Energy
JSW Energy, through its step-down subsidiary Energizent Power, has signed a Power Purchase Agreement (PPA) with NHPC Limited for ISTS-connected 300 MW solar-wind hybrid capacity. The PPA, signed for a 25-year period, specifies a tariff of Rs 3.49/KWh. The project is expected to be commissioned within the next 24 months and will be located in Rajasthan and Andhra Pradesh.
SMS Pharmaceuticals
The United States Food and Drug Administration (USFDA) has issued Form 483 with zero observations for the company's Central Laboratory Analytical Services at Hyderabad. The US health regulator conducted an inspection of the facility from June 23–25. This marks the second successful USFDA inspection for the facility.
Hindustan Unilever
The Magnum Ice Cream Company HoldCo 1 Netherlands BV and The Magnum Ice Cream Company BV have agreed to acquire the entire 61.9% stake of Kwality Wall’s (India) from the Unilever Group.
Tejas Networks
Rakuten Symphony and Tejas Networks, a Tata Group company, announced a strategic partnership to integrate Rakuten Symphony’s CU and DU software, OSS, and cloud portfolio with Tejas’s 4G/5G radio portfolio. The two companies will explore opportunities for the deployment and expansion of 4G and 5G networks worldwide.
Lloyds Metals and Energy
The company has received environmental clearance from the Ministry of Environment to expand its iron ore mining capacity to 55 million tonnes per annum (MTPA).
Union Bank of India
The Board has approved a capital plan for the bank to raise up to Rs 6,000 crore through equity and debt.
Can Fin Homes
The Board has approved a fundraising plan to raise up to Rs 10,000 crore via debt and Rs 1,000 crore through Qualified Institutional Placement (QIP), preferential allotment, or rights issue. The Board has placed this fundraising recommendation before the members at the Annual General Meeting scheduled for August 20.
JSW Steel
The company has filed a review petition in the Supreme Court concerning the resolution plan for Bhushan Power and Steel.
AU Small Finance Bank
The Board will meet on June 28 to consider a fundraising or borrowing plan.
CEAT
The Board has approved the issuance of unsecured non-convertible debentures (NCDs) worth Rs 500 crore for expansion of capacity, reduction of overall interest and finance cost, and for general purposes. Additionally, the Board has approved capital infusion of up to Rs 400 crore in one or more tranches in CEAT OHT LANKA, a wholly owned subsidiary in Sri Lanka. The company is also considering availing a credit facility of up to Rs 1,000 crore for business purposes.
Timex Group India
Promoter Timex Group Luxury Watches BV, Netherlands, has decided to exercise the oversubscription option in the offer-for-sale (OFS) of Timex Group India on June 26. The promoter will be selling up to 15% stake in Timex Group India, including 7.5% equity as part of the green shoe option via OFS.
Mahindra and Mahindra
Mahindra Defence Systems (MDSL) has agreed to sell its entire stake (88% of the equity shares) in Mahindra Emirates Vehicle Armouring FZ LLC (MEVA) to Mahindra Advanced Technologies (MATL). Additionally, MDSL has agreed to sell its entire stake in Mahindra Telephonics Integrated Systems (MTISL) to MATL, and M&M has agreed to sell its entire stake in MDSL to MATL.
Tata Steel
The company has acquired 179.1 crore equity shares in T Steel Holdings for $180 million (Rs 1,562.54 crore). Following this acquisition, T Steel Holdings will remain a wholly owned subsidiary of Tata Steel.
City Union Bank
The Reserve Bank of India has approved the reappointment of P B Vijayaraghavan & Co, Chartered Accountants, and M Srinivasan & Associates, Chartered Accountants, as the Joint Statutory Auditors of City Union Bank for FY26 for a second term. The said appointment will be subject to the approval of shareholders in the ensuing AGM.
Jio Financial Services
Jio Financial Services has subscribed to 19 crore equity shares of Jio Payments Bank, its wholly owned subsidiary, for cash at par, aggregating Rs 190 crore.
ASK Automotive
The Board has granted approval for entering into a joint venture with TD Holding GMBH (TDH) for manufacturing, marketing, and selling sunroof control cables or helix cables for passenger vehicles through a joint venture company. Ask Automotive will own a 49% stake in the joint venture, with the remaining 51% stake held by TDH. The company will infuse up to Rs 2.45 crore in one or more tranches.
Rashtriya Chemicals and Fertilizers (RCF)
The Department of Fertilizers (DoF) has not accepted RCF's request for the recognition of EPMC gas/Spot gas procured for urea operations for the production of Trombay Urea for the years 2021-22 and 2022-23. This non-recognition is expected to have an adverse financial impact of approximately Rs 204.14 crore.
Indian Railway Finance Corporation
The Board has designated Randhir Sahay, Director (Finance), with additional charge as the Chief Financial Officer (CFO) of the company effective June 25. This replaces Sunil Kumar Goel, who continues as GGM (Finance).
Bulk Deals
Arisinfra Solutions
Citigroup Global Markets Mauritius sold 5.4 lakh shares at an average price of Rs 183.73 per share, Societe Generale offloaded 10.22 lakh shares at Rs 184.81 per share, and Nova Global Opportunities Fund PCC - Touchstone sold 5.22 lakh shares at Rs 205 per share.
Awfis Space Solutions
VBAP Holdings sold 20 lakh shares at an average price of Rs 650 per share, totaling a 2.8% stake.
Capital Trust
Promoter Yogen Khosla sold 1.02 lakh shares at an average price of Rs 75.76 per share and 2.23 lakh shares at Rs 75.90 per share.
JTEKT India
Nippon India Mutual Fund acquired 39.23 lakh shares at an average price of Rs 138.83 per share, which represents a 1.54% stake.
Star Health and Allied Insurance Company
SBI Mutual Fund acquired 1.64 crore shares at Rs 420 per share. WF Asian Smaller Companies Fund sold 1.66 crore shares at Rs 420.03 per share.
India Motor Parts & Accessories
Pari Washington Company AC Pari Washington India Master Fund sold 4.91 lakh shares, and Pari Washington Investment Fund sold 1.33 lakh shares at Rs 1,150 per share. However, Sundaram Finance Holdings acquired 2.37 lakh shares at Rs 1,150 per share, and Trichur Sundaram Santhanam & Family purchased 3.86 lakh shares at Rs 1,149.99 per share.
Stocks Trade Ex-Dividend
Enbee Trade & Finance, Prime Securities
Stock Trades Ex-Date for Rights
Infibeam Avenues
Stocks in F&O Ban
Birlasoft
MCX India
Titagarh Rail Systems
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