24 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 acquisitions, here’s a quick look at which stocks will be in focus in today's trade:
Stocks to Watch
Biocon
Biocon Biologics has partnered with the National Cancer Society of Malaysia (NCSM) to launch a Patient Assistance Program (PAP) aimed at improving access to affordable, high-quality biosimilars for underserved cancer patients in Malaysia.
Enviro Infra Engineers
The water and wastewater treatment solutions provider has secured new projects worth Rs 306.30 crore in the domestic market. Additionally, it has secured two key solar power projects aggregating to 69 MW (AC) capacity through the acquisition of Vento Power Infra (40 MW solar project in Odisha) and Soltrix Energy Solution (29 MW solar project in Maharashtra), marking its strategic foray into the renewables sector.
The acquisition cost for the 40 MW solar power project is Rs 115.61 crore, while the 29 MW solar project is supported by state financial assistance (SFA) of Rs 3.20 crore per MW, resulting in aggregate SFA of Rs 92.80 crore. The project will generate tariff-based revenue of Rs 0.88 per unit over a period of 25 years.
HG Infra Engineering
The company has been declared the lowest bidder for the creation of an integrated material handling facility at the Naval Dockyard in Mumbai by the Military Engineer Services (MES) in Maharashtra. The value of the project is Rs 117.77 crore.
Garware Technical Fibres
The company, through its wholly owned UK-based subsidiary Garware Technical Fibres UK, has entered into a definitive Share Purchase Agreement (SPA) to acquire Offshore & Trawl Supply AS (OTS), a Norway-based provider of advanced synthetic cordage solutions for the offshore oil & gas, aquaculture, marine, and commercial fishing industries.
NSE To Remove 8 Stocks from F&O segment
Aditya Birla Fashion and Retail, Adani Total Gas, CESC, Granules India, IRB Infrastructure Developers, Jindal Stainless, Poonawalla Fincorp, and SJVN will be excluded from the Futures & Options (F&O) segment, effective August 29. However, the existing unexpired contracts of expiry months June, July, and August 2025 will continue to be available for trading until their respective expiries. New strikes will also be introduced in the existing contract months
Metro Brands
Clarks, the British footwear brand, has announced a strategic partnership with Metro Brands, marking its official comeback to the Indian market. Under a long-term distribution agreement, Metro Brands is appointed as Clarks' exclusive retail and digital partner for India and neighbouring countries, including Bangladesh, Bhutan, Nepal, Maldives, and Sri Lanka.
Metro Brands will manage Clarks’ e-commerce operations in India, the official Clarks India website, and all digital commerce platforms. It also holds exclusive rights to sell Clarks products in all offline channels, including mono-brand Clarks stores.
Saurashtra Cement
Following the resignation of Pradeep Mehta as Chief Financial Officer, the Board has approved the appointment of Rakesh H Mehta as CFO for an interim period effective July 26, until a new CFO assumes office. Rakesh H Mehta is currently serving as a finance consultant at the company.
Devyani International
The company has executed a Share Subscription Agreement and Shareholders’ Agreement with Sky Gate Hospitality and its promoters/founders to acquire an additional 5.41% equity stake in Sky Gate, in one or more tranches, for Rs 106.25 crore. This increases Devyani’s total stake to 86.13%, up from 80.72%.
Devyani had earlier acquired 80.72% stake in Sky Gate and its subsidiaries—Blackvelvet Hospitality, Say Chefs Eatery, and Peanutbutter and Jelly—which have been subsidiaries of the company since June 10.
JSW Energy
The company’s proposal for the settlement of debt of KSK Water Infrastructures has been approved by the Committee of Creditors (CoC). Consequently, the CoC has also approved the withdrawal of the insolvency resolution process. The closure of the transaction is subject to approval for withdrawal by the National Company Law Tribunal (NCLT).
Sona BLW Precision Forgings
The Board has appointed Jeffrey Mark Overly as Chairperson of the company and designated the late Sunjay Kapur as Chairman Emeritus.
HDFC Bank
The Board will meet on July 19 to approve the financial results for the April–June quarter of FY2025.
Allcargo Logistics
Less than Container Load (LCL) volume stood at 7.28 lakh cubic meters in May 2025, growing 3% compared to the previous month but declining 4% year-on-year.
Full Container Load (FCL) volume in May stood at 56,684 TEUs—flat compared to the previous month, but up 6% year-on-year.
Bemco Hydraulics
The Board will meet on June 30 to consider a stock split and a bonus issue.
Bulk Deals
Dixon Technologies (India)
Promoter Sunil Vachani has sold 16.7 lakh shares (representing 2.77% of paid-up equity) in Dixon Technologies at an average price of Rs 13,301.47 per share, amounting to Rs 2,221.3 crore.
Meanwhile, Motilal Oswal Mutual Fund has acquired 2.4% stake worth Rs 1,923.8 crore in Dixon at an average price of Rs 13,307.96 per share.
Hilton Metal Forging
Promoter Yuvraj Hiralal Malhotra has sold 14.01 lakh shares at an average price of Rs 73.4 per share, and an additional 5.07 lakh shares at Rs 74.99 per share. This totals 19.08 lakh shares (or 8.15% stake), valued at Rs 14.1 crore.
Munjal Showa
Foreign Portfolio Investor Esvee Capital sold 3 lakh shares (or 0.75% stake) in the company at an average price of Rs 118.4 per share. As of March 2025, Esvee held a 2.13% stake in the company.
Block Deals
Kerala Ayurveda
Promoter Katra Holdings has offloaded 22 lakh shares (18.28% stake) in Kerala Ayurveda at an average price of Rs 423 per share, amounting to Rs 93.06 crore.
Buyers of the 22 lakh shares include Trishakti Power Holdings, Nimish Chandulal Shah, Aamara Capital, Bharat Jayakrishna Taparia, Setu Securities, Santosh Industries, Riddisiddhi Bullions, Bhatia Suresh, and Virendra Prakash Ranka.
SME Listing on June 24
Eppeltone Engineers
Stocks Trade Ex-Dividend
Polycab India
Vedanta
Alkyl Amines Chemicals
Stock Trades Ex-Date for Split
Laddu Gopal Online Services
Stocks in F&O Ban
Biocon
RBL Bank
Stocks removed from F&O ban
Aditya Birla Fashion and Retail
Titagarh Rail Systems
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