Let's catch up on the latest news from the stock market. From significant investments to major deals, acquisitions, fund raising, and order wins, here’s a quick look at which stocks will be in focus in today's trade:
Stocks to Watch
CE Info Systems (MapMyIndia)
PhonePe Private Limited is likely to sell up to a 5% equity stake worth Rs 476 crore in CE Info Systems, with a floor price set at Rs 1,750 per share, reports CNBC-TV18 quoting sources. As of March 2025, PhonePe holds an 18.74% stake in the company.
The company has received the Establishment Inspection Report (EIR) from the US FDA for the inspection conducted at its API manufacturing facility in Ankleshwar. The US health regulator inspected the facility during March 10–14, and the inspection has been classified as No Action Indicated (NAI). The USFDA has concluded that this inspection is "closed."
Axana Estates LLP, Plutus Wealth Management LLP, and Junomoneta Finsol have announced an open offer for the acquisition of up to 2.4 crore equity shares (26% stake) of Nazara Technologies at an offer price of Rs 990 per equity share.
The company, through its Global Services Business (the demerged business vertical), in consortium with Dilip Buildcon, has entered into an agreement with Bharat Sanchar Nigam Limited (BSNL) for a RS 2,631.14 crore telecom project. The agreement pertains to the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network under BharatNet for the Jammu & Kashmir and Ladakh telecom circles – Package 13.
The company has been declared the lowest bidder for the role of Transmission Service Provider to establish an inter-state transmission system for the Eastern Region Generation Scheme – I (ERGS-I) in Odisha, by PFC Consulting, a wholly owned subsidiary of Power Finance Corporation. Transmission charges for the project are set at Rs 43.11 crore per year.
The company has announced a capital expenditure plan of Rs 2,000 crore over the next 5–6 years, along with a mine capacity expansion from 4.35 MTPA to 12.20 MTPA by FY31. It has also increased its exploration budget, leading to the addition of 123 million tonnes of copper ore reserves and resources in the past two years, and plans to continue adding more. The company is actively acquiring promising copper deposits in India and abroad by participating in upcoming mineral auctions.
Ketan Shah has resigned from the role of Chief Sales and Revenue Officer – Assisted Business, as well as from the position of Whole-Time Director and Key Managerial Personnel of Angel One, including his roles on committees of the Board, due to personal reasons. His resignation will be effective from July 18.
Cyient Foundation, the CSR arm of Cyient, has signed a Memorandum of Understanding (MoU) with the All India Council for Technical Education (AICTE) to establish an innovation cluster in Visakhapatnam, Andhra Pradesh. Under the MoU, the pilot program will focus on transforming higher education institutions in and around Visakhapatnam into vibrant hubs of innovation by fostering collaboration between academia, industry, startups, and investors.
ICICI Bank has sold its entire shareholding of 18.8% in equity shares of NIIT Institute of Finance Banking and Insurance Training (NIIT-IFBI), an associate of the bank, to NIIT for Rs 6.11 crore. Consequently, NIIT-IFBI has ceased to be an associate of the bank.
The National Company Law Tribunal (NCLT), New Delhi, has approved the first motion application of the scheme of amalgamation. The NCLT also approved the amalgamation of Suzuki Motor Gujarat, a wholly-owned subsidiary, into and with Maruti Suzuki India.
The PSU lender has reduced its Marginal Cost of Funds Based Lending Rate (MCLR) across all tenures by 20 basis points, effective June 12.
The Board of Directors of Kellton Tech Solutions is scheduled to meet on June 19 to consider raising funds through the issuance of equity shares, warrants, or other equity-linked securities. The board will also consider altering the share capital of the company by sub-division or split of existing equity shares.
GMM Pfaudler’s subsidiary, Pfaudler GmbH, has completed the acquisition of a 51% stake in GMM Inox sp. z o.o., Poland.
SBI Funds Management increased its equity stake in Honeywell Automation to 5.036% from 4.99%, following the acquisition of 3,260 equity shares via an open market transaction on June 10.
Bulk Deals
Kedia Securities has acquired 1 lakh shares in Advait Energy Transitions at an average price of Rs 1,725 per share.
Samprada & Nanhamati Singh Family Trust has offloaded 7.55 lakh shares in Alkem Laboratories at an average price of Rs 4,831.92 per share.
Jupiter Capital has sold 3.07 lakh shares in Axiscades Technologies at an average price of Rs 1,100.01 per share.
Harsha Engineers International
Plutus Wealth Management LLP has sold 25 lakh shares in Harsha Engineers at an average price of Rs 415.09 per share. Meanwhile, DSP Mutual Fund bought 13.83 lakh shares at an average price of Rs 415 per share.
Ohana India Growth Fund has acquired 1.39 lakh shares in Shankara Building Products at an average price of Rs 1,027.80 per share, and an additional 2.5 lakh shares at an average price of Rs 1,028.89 per share.
BNP Paribas Financial Markets has bought 1.02 lakh shares in Unified Data Tech Solutions at an average price of Rs 332.68 per share.
Block Deals
Orbimed Asia IV Mauritius FVCI has sold a 2.26% stake (1.02 crore equity shares) in Marksans Pharma to several global and domestic institutional investors at an average price of Rs 249.95 per share. The institutional investors include Unifi Capital, UTI Mutual Fund, Societe Generale, Citigroup Global, Bandhan Mutual Fund, and Subhkam Ventures.
Jomei Investments has offloaded a 1.79% stake (2.68 crore equity shares) in Aditya Birla Capital to several global and domestic institutional investors at an average price of Rs 242.65 per share. The institutional investors include Mirae Asset MF, HSBC MF, BlackRock Global Funds, Mediolanum Best Brands, Goldman Sachs, New York State Teachers’ Retirement System, Greater India Portfolio, Motilal Oswal Mutual Fund, LIC MF, Nordea, and Manulife Global Fund.
Societe Generale has bought 60.93 lakh shares in Eternal at an average price of Rs 255.68 per share from Marshall Wace Investment Strategies – Eureka Fund.
Societe Generale has acquired 1.2 lakh shares in ICICI Bank at an average price of Rs 1,422.90 per share from Marshall Wace Investment Strategies – Eureka Fund.
Societe Generale has purchased 58,663 equity shares in Mahindra & Mahindra at an average price of Rs 3,067.50 per share from Marshall Wace Investment Strategies – Eureka Fund.
Societe Generale has acquired 80,807 equity shares in Schaeffler India at an average price of Rs 4,199.40 per share from Marshall Wace Investment Strategies – Eureka Fund.
Societe Generale has bought 9.9 lakh shares in UNO Minda at an average price of Rs 1,096.60 per share from Marshall Wace Investment Strategies – Eureka Fund.
Stocks Trade Ex-Dividend
Avantel
ICICI Prudential Life Insurance Company
JK Lakshmi Cement
Tata Chemicals
Trent
Swastik Safe Deposit & Investments
Stock Trades Ex-Date for Rights
Ethos
Stocks in F&O Ban
Central Depository Services
Indian Energy Exchange
Aditya Birla Fashion and Retail
Chambal Fertilisers and Chemicals
Hindustan Copper
Indian Renewable Energy Development Agency
RBL Bank
Titagarh Rail Systems
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