Here’s a look at the key stocks that could be in focus on June 16 based on company announcements, regulatory updates, promoter actions, and sector movements:
- Syngene: US FDA issues zero observations for its unit at Semicon Park, Bengaluru.
- Arkade Developers: Announces strategic entry into Thane real estate market with 6.28-acre land acquisition.
- Birla Corporation: Declared ‘Preferred Bidder’ by Rajasthan Government for a limestone block.
- Tata Motors: Moody’s upgrades JLR Plc credit rating to BA1/Positive from BA2/Positive.
- YES Bank: Moody’s upgrades rating to BA2 from BA3; outlook changed to stable.
- Vedanta: Board meeting scheduled on June 18 to consider first interim dividend.
- Lemon Tree Hotels: Signs license agreement for a property in Itanagar, Arunachal Pradesh.
- Almondz Global: Wholly-owned subsidiary receives Rs 14.2 crore order from Uttar Pradesh Expressways Industrial Development Authority.
- Ram Ratna: Begins commercial production at new facility in Bhiwadi, Rajasthan.
- Ujaas Energy: Enters agreement to sell a factory shed in Indore, with sale expected by August 12.
- Oil upstream stocks: May see movement as oil prices climb due to escalating Israel-Iran conflict.
- Dhruv Consultancy: Receives expressway project allotments from UPEIDA.
- Wonderla: Launches premium aqua-retreat, ‘The Isle by Wonderla’ in Bangalore.
- JWL: Credit ratings upgraded by Acuite Ratings.
- SpiceJet: Reports record Rs 319 crore profit, first annual gain in 7 years.
- Sterlite Technologies: Promoters Ankit Agarwal and Pravin Agarwal purchase a combined 9.93 lakh shares.
- Jindal Stainless: Promoter JSL Overseas Holding acquires 7.9 lakh shares.
- Man Infraconstruction: Promoter Parag K. Shah buys 1.24 lakh shares.
- IOL Chemicals: Acetic Anhydride registered with EU REACH.
- IndusInd Bank: RBI approves reappointment of Chokshi & Chokshi and appointment of Borkar and Muzumdar as joint statutory auditors.
Other notable updates:
- Srivasavi Adhesive: Acquires machinery worth Rs 2.58 crore via bank auction.
- Natco Pharma: Receives 1 observation in Form 483 after US FDA inspection.
- Eicher Motors: Chief Program Manager Simon Warburton retires.
- NTPC: To issue Rs 4,000 crore NCDs on June 17.
- JK Tyre: Appoints Mr. Sylvain Gabriel Denis Sagot as Director – Quality.
- Aplab Ltd: Extends closing date of rights issue to July 03, 2025.
- Vadilal Industries: Appoints Mr. Shivakumar Dega as Chairman.
- Sun Pharma: Kirti Ganorkar to become MD; Dilip Shanghvi to continue as Executive Chairman.
- Syrma SGS: Assigned ‘IND A1+’ rating by India Ratings & Research.
- Balaji Telefilms: Receives NCLT approval for Scheme of Arrangement.
- ITC: Completes 100% acquisition of Sresta Natural Bioproducts.
- IREDA: Application against Gensol EV Lease admitted to NCLT.
- City Union Bank: CEO comments on short-term NIM pressure; maintains FY26 margin guidance.
- Adani Ports: Confirms Haifa port in Israel remains operational despite missile threats.
- Adani Enterprises: Incorporates wholly owned subsidiary ‘Astraan Defence Limited’.
- Nazara Technologies: Jhunjhunwala sells 13 lakh shares at Rs 1,225.19 per share.
- Scoda Tubes: Morgan Stanley Asia Singapore offloads 4.2 lakh shares.
ST-ASM Inclusion/Exclusion:
- Included: Dynamic Cables, Oriana Power, Servotech Renewable Power System.
- Excluded: Zen Technologies.
Price Band Revisions:
- 10% to 5%: TCI Finance
- 20% to 5%: Exxaro, Liberty Shoes
Dividend and Corporate Actions:
- Ex-Dates Tomorrow:
- Shankara Building: Rs 3.0/share
- Hindustan Zinc: Rs 10.0/share
- Ex-Dates Today:
- Bajaj Finance: Stock Split and 4:1 Bonus (Total 10 shares vs 1 earlier)
- Honeywell Automation: Rs 105.0/share
- Tata Technologies: Rs 11.7/share
Other Regulatory Updates:
- Nuvoco: Files writ petition against West Bengal’s Revocation of Incentives Act.
- Sun Pharma: US FDA issues Form 483 with 8 observations for Halol facility.
- Zydus/Lupin: US Court sides with Astellas in Myrbetriq patent dispute.
- Ramakrishna Forgings: Reveals Rs 220.5 crore inventory overstatement for FY25.
Disclaimer: The information provided is for informational purposes only and does not constitute investment advice. Investors are advised to conduct their own due diligence or consult a financial advisor before making investment decisions.