17 Jun , 2025 By : Debdeep Gupta
Let's catch up on the latest news from the stock market. From significant investments to major deals, fund raising, and order wins, here’s a quick look at which stocks will be in focus in today's trade:
Stocks to Watch
Vishal Mega Mart
Promoter Samayat Services is likely to sell up to Rs 9,896 crore worth of shares in Vishal Mega Mart via block deals, increasing the block deal size from around Rs 5,057 crore earlier. The floor price has been set at Rs 110 per share, reports CNBC-TV18, quoting sources.
Biocon
The biopharmaceutical firm launched its qualified institutions placement (QIP) on June 16. The floor price has been fixed at Rs 340.20 per share. According to CNBC-TV18, quoting sources, the company aims to raise Rs 4,500 crore via QIP.
Mastek
The digital engineering and cloud transformation services provider has received a contract from NHS England to deliver NHS board and Senior Information Risk Owner (SIRO) cybersecurity training in partnership with Templar Executives. This training is designed to help NHS Boards and executives enhance their understanding of the cyber landscape and build resilience across the healthcare system.
HCL Technologies
The company has announced a strategic partnership with E.ON, one of Europe’s largest energy companies. Under the new multi-year agreement, HCLTech will establish a new private cloud and provide cloud and network management across E.ON's global hyperscalers.
Tata Consultancy Services
TCS has partnered with the Council of Europe Development Bank (CEB) to modernize its operations and enhance efficiency. As part of this collaboration, TCS will deploy TCS BaNCSTM for Reconciliations to streamline complex transactions and automate key reconciliation processes using artificial intelligence and automation.
IndiaMART InterMESH
In its Annual General Meeting, the shareholders of the company approved a final dividend of Rs 30 per share for FY25, along with a special dividend of Rs 20 per share, bringing the total dividend to Rs 50 per share.
ICICI Bank
The Reserve Bank of India (RBI) has approved the reappointment of Sandeep Batra as Executive Director of ICICI Bank for a period of two years, effective December 23, 2025. Shareholder approval for the reappointment will be sought in due course.
Tanla Platforms
The Board has approved a buyback proposal of up to 20 lakh shares (1.49% stake) worth up to Rs 175 crore at a price of Rs 875 per share via the tender offer route.
Zee Entertainment Enterprises
The Board has approved the enhancement of promoter shareholding through the issuance of up to 16.95 crore fully convertible warrants to promoter group entities on a preferential basis, priced at Rs 132 per warrant. The promoters will invest Rs 2,237.44 crore in the company’s next phase of growth, which will raise their total shareholding to 18.39%. The preferential issue is subject to shareholder approval.
Axiscades Technologies
Indra, a Europe-based global leader in defence, aerospace, and strategic systems, has announced a strategic alliance with Axiscades by signing a Memorandum of Understanding (MoU). With this agreement, the company aims to manufacture several Indra solutions in India, such as antennas for its tactical air navigation systems (TACAN), distance-measuring equipment (DME) that provides in-flight information to aircraft, and countermeasure systems.
Godrej Properties
The Mumbai-based real estate developer will develop a 16-acre land parcel in Upper Kharadi, Pune. The project will have a developable potential of 2.5 million square feet, with an estimated revenue potential of Rs 3,100 crore.
Macrotech Developers
The Ministry of Corporate Affairs (MCA) has approved the company’s name change from 'Macrotech Developers' to 'Lodha Developers', effective June 16.
NTPC
The Board of Directors will meet on June 21 to consider fundraising of up to Rs 18,000 crore via the issuance of non-convertible debentures, subject to shareholder approval.
Sona BLW Precision Forgings
After the demise of Sunjay Kapur, the Chairman of Sona Comstar, the Board will meet in due course to elect a new Chairman of the board.
Hyundai Motor India
The company has commenced the production of passenger vehicle engines at its manufacturing facility in the Talegaon plant, Maharashtra, effective June 16.
Bata India
The Bata Group has announced the appointment of Panos Mytaros as its new Global Chief Executive Officer, effective September 15, 2025. He will succeed Sandeep Kataria, who has led the Group since 2020.
Jindal Steel & Power
The Board has approved the change in the name of the company from 'Jindal Steel & Power' to 'Jindal Steel'.
Block Deals
Asian Paints
ICICI Prudential Mutual Fund has acquired an additional 85 lakh shares (0.88 percent stake) of Asian Paints from Siddhant Commercials at a price of Rs 2,207 per share, amounting to Rs 1,876 crore. On June 12, SBI Mutual Fund also bought an additional 3.5 crore shares in Asian Paints at a price of Rs 2,201 per share, valued at Rs 7,703.5 crore. As of March 2025, Siddhant Commercials had held a 4.9% stake (4.69 crore shares) in the company.
Solara Active Pharma Sciences
Pronomz Ventures LLP has acquired 20 lakh shares in Solara Active Pharma Sciences from Spiracca Ventures LLP at a price of Rs 495 per share, amounting to Rs 99 crore.
Bulk Deals
Sacheerome
Chartered Finance & Leasing, Sachin Vilas Randive, Jinendra Kumar Jain, and Cinco Stock Vision LLP have acquired 5.95 lakh shares in the SME company, valued at Rs 8.9 crore.
SME Listing on June 17
Jainik Power Cables
Stocks Trade Ex-Dividend
Hindustan Zinc
Shankara Building Products
Stock Trades Ex-Date for Resolution Plan -Suspension
Shri Krishna Prasadam
Stocks in F&O Ban
Aditya Birla Fashion and Retail
Birlasoft
Central Depository Services
Chambal Fertilisers and Chemicals
HUDCO
Indian Renewable Energy Development Agency (IREDA)
Manappuram Finance
RBL Bank
Titagarh Rail Systems
Stocks removed from F&O ban
Indian Energy Exchange
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