Indian benchmark indices started the week on a strong note despite global uncertainties and geopolitical tensions. On Monday, June 16, 2025, the BSE Sensex climbed 677.55 points (0.84%) to end at 81,796.15, while the NSE Nifty50 gained 227.90 points (0.92%) to close at 24,946.50.
Today, several stocks will be in focus due to company announcements.
Stocks to Watch on June 17, 2025
HCLTech: The IT services firm has secured a multi-year deal to manage private cloud and network operations for German utility company E.On.
TCS: Tata Consultancy Services will deploy its core banking solution, BaNCS, for the Council of Europe Development Bank.
Godrej Properties: The company has acquired a 16-acre land parcel in Pune’s Upper Kharadi area. The estimated development potential from the project is approximately ₹3,100 crore.
Biocon: The biopharma company has launched a Qualified Institutional Placement (QIP) with an aim to raise up to ₹4,500 crore. The indicative floor price is set at ₹323.2 per share.
DLF: Credit rating agency ICRA has upgraded DLF Cyber City Developers Ltd’s long-term rating to AAA. The outlook has been revised from positive to stable.
Zee Entertainment: The company plans to raise up to ₹2,237 crore through the issuance of warrants to promoter entities at ₹132 per share.
Sona BLW Precision Forgings: The board has reaffirmed its confidence in CEO Vivek Vikram Singh, who will continue to lead business operations. A new chairperson will be appointed soon.
Hyundai Motor India: The company has commenced engine production at its Talegaon manufacturing facility in Maharashtra.
Mastek: The digital engineering firm has won a contract to provide cybersecurity training to the NHS Board and Senior Information Risk Owners (SIRO) in the UK.
Mphasis: The company has partnered with AI underwriting firm Sixfold to support digital transformation in the insurance sector.
Tanla Platforms: The board has approved a buyback of up to 20 lakh shares worth ₹175 crore at a maximum price of ₹875 per share.
Axiscades Technologies: The company has entered into a joint development agreement with Europe-based Indra for defense product innovation.
Asian Paints: Reliance has offloaded 85 lakh shares of Asian Paints to ICICI Prudential at ₹2,207 per share through a block deal conducted on June 12.
Vodafone Idea (VMM): Promoters are reportedly preparing to sell shares worth ₹9,900 crore via block deals. The floor price is expected to be at a 12% discount to the current market price.
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