Stocks to Watch: The domestic equity market will likely open in the green on Thursday, June 26. The GIFT NIFTY futures suggest that the NIFTY50 index will open 36 points higher.
Here is a list of stocks that may remain in focus today.
JSW Energy: JSW Energy, on Wednesday, June 25, signed a power purchase agreement (PPA) through its step-down subsidiary with NHPC Ltd to supply power to a 300 megawatt (MW) solar-wind hybrid capacity project.
JSW Energy’s step-down subsidiary, Energizent Power Private Limited, was awarded the PPA. It involves supplying power for a period of 25 years with a tariff of ₹3.49/KWh to the Inter-State Transmission System (ISTS)-connected 300 MW solar-wind hybrid capacity project in Rajasthan and Andhra Pradesh.
HUL: Shares of Hindustan Unilever (HUL), the FMCG major, will likely be on investors’ radar on Thursday, June 26, as the company’s parent company, Unilever, the global FMCG player, on Wednesday said Magnum HoldCo will acquire 61.9% of Kwality Wall’s (India) Ltd.
Magnum HoldCo is the holding firm within the new firm formed by the demerger of the ice cream business of Unilever.
BSE: SEBI on Wednesday slapped a ₹25 lakh penalty on BSE for failing to provide equal access to corporate disclosures to all stakeholders and take action against brokers with frequent modifications during trades.
The market regulator passed the order after an inspection conducted between February 2021 and September 2022.
JSW Steel: JSW Steel on Wednesday said it has filed a review petition in the apex court seeking the review of the Supreme Court order rejecting its resolution plan for debt-ridden Bhushan Power and Steel (BPSL).
In a regulatory filing, the company said it has filed a review petition before the Supreme Court on Wednesday, in relation to the May 2 judgement.
The Supreme Court had on May 2 set aside the resolution plan submitted by JSW Steel for Bhushan Steel and Power Ltd, holding it illegal and in violation of the Insolvency and Bankruptcy Code (IBC).
A bench comprising Justice Bela M. Trivedi and Justice Satish Chandra Sharma ordered the liquidation of BSPL under the IBC.
Nestlé (India): Shares of Nestlé India, the FMCG major, will be in focus as the company will hold a board meeting today to consider the issuance of bonus shares.
“This is to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Thursday, 26th June 2025, to inter alia consider and approve the proposal for issue of bonus shares, subject to the requisite approval,” Nestle India said in a regulatory filing dated June 19.
If passed by the board, this will be Nestlé India’s first bonus share issue.
Texmaco Rail: Shares of Texmaco Rail & Engineering will be in the spotlight on Thursday, June 26, as the engineering and infrastructure company, which is primarily engaged in manufacturing railway wagons, coaches, and locomotives, as well as providing related services, secured a work contract worth over ₹500 crore.
The company on Wednesday said it has secured a ₹535.6 crore contract from a company based in central Africa to supply and maintain over 1,600 freight wagons for bauxite transportation.
Balaji Amines: The company said it has received the consent to operate the manufacture of ISOPROPYLAMINE (MIPA/DIPA). Trial runs will be started, and the commencement of the commercial production will take effect shortly.
Star Health: Hong Kong-based WFM Asia on Wednesday divested a 2.84% stake in Star Health and Allied Insurance Company for nearly ₹701 crore through an open market transaction.
Jio Financial Services: Jio Financial Services Ltd (JFSL) on Wednesday said it has infused ₹190 crore in its payments bank subsidiary.
The company has been allotted 19,00,00,000 equity shares of Rs 10 each of Jio Payments Bank Ltd, a wholly-owned subsidiary, for cash at par, aggregating Rs 190 crore, JFSL said in a regulatory filing.
The transaction is between the company and its wholly owned subsidiary and hence a related-party transaction, it said.
PB Fintech: According to news reports, PB Fintech Ltd co-founders Yashish Dahiya and Alok Bansal are likely to sell 5.05 million shares, or 1.1% of the company’s equity, through a block deal valued at approximately $106 million.
MobiKwik: The company is likely to see a block deal today. Net 1 Applied Technologies Netherlands BV is likely to sell an 8% stake, per reports.
AU Small Finance Bank: Shares will be in focus as the company is slated to hold a board meeting on June 28 to approve fundraising.
