Benchmark indices Nifty and Sensex extended gains for a second session in a row after investors cheered the Israe-Iran ceasefire, bringing much-needed stability on the geopolitical front. All sectors closed the session in the green, while India VIX eased 5 percent, signalling cooling volatility. The Mid and Smallcap indices extended gains for a fourth session on June 25. At close, xx
Titan Company | CMP Rs 3,655 | Titan Company shares topped the Nifty index with a gain of over 3 percent. This comes after Macquarie reaffirmed its positive outlook, believing that a healthy recovery in demand will aid growth in jewellery sales in the current quarter of FY26.
IHCL | CMP Rs 782 | Shares rose 2 percent after JPMorgan initiated coverage on the stock with an overweight rating on strong growth prospects. It believes Indian Hotels could achieve its FY30 targets ahead of schedule. The company’s Return on Capital Employed is projected to cross 19 percent by FY28, supported by a rising share of capital-light business and a significant jump in managed hotel keys.
Reliance Industries | CMP Rs 1,48 | The stock price rose over a percent after Citi maintained its ‘buy’ rating on RIL, raising its target price to Rs 1,690 per share, citing strong growth potential in Jio, driven by structural levers beyond the anticipated tariff hikes. The brokerage pencilled in a three-year consolidated EBITDA CAGR of 16 percent for Jio, assigning the business an enterprise value of $135 billion.
Hyundai Motor India | CMP Rs 2,121 | Shares jumped over 3 percent on Wednesday, extending gains for a second straight session after two brokerages issued bullish views on the auto giant. The recent rally comes after the stock closed above its IPO price of Rs 1,960 for the first time on Friday, June 20. The stock’s current level marks a nine percent premium to the issue price of what was India’s largest IPO ever.
Dixon Tech | CMP Rs 14,125 | Shares faced selling pressure on June 25 after Phillip Capital slashed its target price for the EMS stock. Phillip Capital maintained its sell rating on the EMS stock by trimming its price target to Rs 9,085 from Rs 11,077, which implies up to 36 percent downside for the multi-bagger stock. The broking firm said the company's domestic business was facing increasing competition.
Defence stocks | Shares dipped up to 4 percent and recorded strong losses on June 25, as the possible ceasefire between Iran and Israel dampened investors' hopes for higher order inflows. The sharp fall in the share prices pushed the Nifty Defence index down over 1.2 percent, extending losses for the second consecutive session.
Timex Group India | CMP Rs 251 | Shares hit their five percent lower circuit after the promoter of the watchmaker Timex Group Luxury Watches BV will sell 15 percent in the firm via the offer for sale (OFS) route. The offer includes a base issue of 7.5 percent of the total equity, which amounts to 75.71 lakh shares, combined with an additional 7.5 percent equity under a green shoe option, taking the potential total to 1.51 crore shares.
MCX | CMP Rs 8,675 | Shares rallied 6 percent to hit a record high after Switzerland-based brokerage UBS reaffirmed its 'buy' rating amid favourable market dynamics and new product launches. Over the past one year, MCX shares have rallied over 100 percent, more than doubling investors' capital.
Bajel Projects | CMP Rs 234 | The share price was locked at 5 percent upper circuit after the company received large order between Rs 100-200 crore from a leading private player in the energy and power transmission sector. The order included two key components for the establishment a 400kV GIS & 765kV AIS extension substation, with the first part of the order involves the supply of all the EHV equipment with mandatory spares.
Arisinfra Solutions | CMP Rs 174 | The shares of Arisinfra Solutions listed at Rs 205 apiece on NSE, thereby making a weak debut on the stock market on June 25. The shares were listed at a discount of nearly 8 percent from their IPO price of Rs 222 apiece. The stock closed nearly 20 percent lower in today's session.
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