Indian equities are likely to track a busy news flow on Monday with several key corporate announcements, regulatory approvals, MoUs, credit updates, and sector developments in focus.
Among the notable corporate updates, Bharat Electronics and Tata Electronics signed an MoU to advance India’s self-reliance in electronics and semiconductors, while UPL announced the sale of Serra Bonita assets in Brazil for $125 million.
GHV Infra received a road construction order worth Rs 546 crore in Mumbai, and KEI Industries saw a credit rating upgrade to IND AA+ with stable outlook from India Ratings.
Azad Engineering saw Nomura buying a stake worth Rs 66 crore in a block deal, and Tata Communications announced a new subsea cable project linking Singapore, Hong Kong, and Japan to boost connectivity.
In other deals, Panorama Studios signed a 5-year exclusive airborne rights agreement with Digital 18 Media for 50 Hindi films, while a Kernex/KEC consortium secured a Rs 182.81 crore contract from Western Railways for KAVACH 4.0 installation.
IDFC First Bank gained after CCI allowed Warburg Pincus to acquire up to 10% in the bank. Afcons received a Rs 700 crore order from Reliance Industries.
Among pharma names, Lupin secured tentative USFDA approval for Oxcarbazepine ER tablets, while Nazara Technologies acquired Smaaash Entertainment for Rs 126 crore.
Infosys also got closure from GST Intelligence on a Rs 32,403 crore pre-show cause notice, while NTPC started commercial operations of its 250 MW Tehri PSP unit.
Meanwhile, NOCIL and Yasho Industries will be in focus after India imposed anti-dumping duties on certain imports from China, Japan, and the EU.
In other sectoral news, Jefferies remains bullish on Indian cement, expecting a pricing recovery in Q1 and profitability turnaround in FY26, with UltraTech, Shree Cement, and JK Cement as top picks.
M&M reported a 28% YoY rise in May production, while Hindustan Copper and RITES signed an MoU for establishing a sustainable metal supply chain.
On the neutral side, RattanIndia Power and Punjab National Bank reported key management resignations, and Bajaj Finance set June 16 as the record date for stock split and bonus shares.
L&T announced a landmark Rs 500 crore ESG bond issue — the first such issuance by an Indian corporate under SEBI’s new framework.
Suzlon Energy could remain volatile amid reports that promoters may look to sell a significant stake via block deals.
On the negative side, VIP Industries faces a commercial suit filed by Jiaxing Bianca Travel Goods in Bombay Civil Court.
Dividend ex-dates today include Nelco (Rs 1/share), while Asian Paints, Indian Bank, Johnson Controls, Tata Investment, and Vesuvius India will trade ex-dividend from tomorrow. Vesuvius India will also undergo a stock split from Rs 10 to Rs 1.
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