Markets will track a range of corporate developments and sectoral updates on Wednesday, June 12. Here’s a look at the key stocks in focus:

Positive Triggers

  • Zydus Lifesciences: Received Establishment Inspection Report (EIR) from US FDA for its Ankleshwar-based API facility, indicating a successful closure of the inspection.

  • Sterlite Technologies: Signed a ₹2,631 crore agreement with BSNL for a telecom project under BharatNet in Jammu & Kashmir and Ladakh circles.

  • Tanla Platforms: Board to consider equity share buyback on June 16.

  • Cyient: Cyient Foundation signs MoU with AICTE to build an innovation cluster in Visakhapatnam.

  • Marine Electricals: Bags new orders worth ₹60.44 crore.

  • HG Infra Engineering: Emerges as the lowest bidder for ERGS-I project in Odisha.

  • GAIL: Fitch expects higher capex and shareholder returns to raise EBITDA net leverage to 1.5x in two years.

  • MOS Utility: Board approves 1:1 stock split and preferential issue of 8.08 lakh shares at ₹290 apiece.

  • SEPC: Wins LoA for a 133 MW solar EPC project in Kolkata from Parmeshi Urja Ltd.

  • NIBE: Secures a ₹23.33 crore order from an infra & defence company for supply of armor plates.

  • Railtel: Bags work order worth ₹11.95 crore from South Eastern Coalfields Ltd.

  • Zee Entertainment: To hold board meeting on June 16 to discuss fundraising and risk mitigation strategies.

  • FMCG stocks: May remain active after the government slashed import duty on major crude edible oils from 20% to 10%.

  • PNGS Gargi Fashion: Expects B2C revenue growth to outpace industry.

  • Waaree Energies: Signs PPA with Rewa Ultra Mega Solar Ltd.

  • Adani Group: Announces India’s largest private capex plan of $100 billion over six years.

  • Oil upstream stocks: Brent crude crosses $70/barrel amid geopolitical tensions and US embassy staff withdrawal.

  • Kellton: Board meet on June 14 to consider stock split and fundraise via QIP/preferential issue.

  • Lemon Tree Hotels: Signs license agreement for a 72-room Lemon Tree Premier property in Madhya Pradesh.

Neutral News Flow

  • Nazara Tech: Acquirers including Axana Estates and Plutus Wealth to acquire 26% stake via open offer at ₹990/share.

  • Artemis Medicare: Signs MoU to operate VIMHANS hospital in New Delhi.

  • National Aluminium, Aavas Financiers, Kabra Jewels, Hindustan Copper, KEC International, BCL Industries, HPCL, GMM Pfaudler, Maruti, Oracle Financial Services, Dollex Agrotech, Wipro, City Union Bank, Indian Overseas Bank, Shankara Building, Deccan Gold Mines, NTPC, HUL – all made company-specific announcements, including appointments, dividends, fundraises, and project updates.

  • Multiple stocks go ex-dividend today and tomorrow, including Adani group firms, ACC, Canara Bank, Piramal Enterprises, PFC, Elecon, Sharda Motor, and others.

Negative Triggers

  • MCX: NSE receives SEBI approval to launch monthly electricity futures contracts — a competitive development for MCX.

  • AstraZeneca: Faces over $180 million court loss via affiliate.

  • Deepak Fertilizers: Methanol prices may rise after a fire incident at Iran’s Busher petrochemical hub.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are advised to consult with certified financial advisors before making any investment decisions.

Follow on Google News