Tata Motors | CMP: Rs 685.3 | The stock slid as much as 5 percent after Jaguar Land Rover (JLR), its UK-based luxury arm, flagged weak free cash flow expectations and a slew of macro risks in its latest investor presentation. JLR said it expects free cash flow to be “close to zero” in FY26, even as it remains committed to its investment plans and aims to maintain EBIT margins in the range of 5–7 percent.
2/10
Sterlite Tech | CMP Rs 99.9 | Shares jumped up to 20 percent after the company announced an expansion of its data centre portfolio to cater to growing AI infrastructure needs. In a filing, the company said it has launched next-gen solutions, ranging from cabling to full-stack connectivity, tailored for AI-led data centres. Sterlite also cited industry projections, estimating the global data centre market will touch $517 billion by 2030, growing at a CAGR of 10.5 percent.
3/10
Mazagon Dock Shipbuilders | CMP Rs 3,165 | The share price of the company dropped around 2 percent on June 16. The stock has seen a notable decline recently, after a record rally triggered by optimism over higher order inflows post Operation Sindoor. The recent rise in tensions between Israel and Iran further boosted the stocks. However, analysts have flagged the elevated valuations in these stocks.
4/10
Omaxe | CMP Rs 107.6 | Shares of the real estate developer surged as much as 13.4 percent after the company announced it had acquired 260 acres of land in Amritsar, and in the first phase, it is developing 127 acres with an investment of over Rs 1,000 crore. "The township is just 12 minutes from the Golden Temple and will soon include a hotel to further enhance its appeal. In the future, we also see the opportunity to expand this township through new land acquisitions," it said.
PI Industries | CMP Rs 4,150 | Shares rose after they bagged a rating upgrade from international brokerage Morgan Stanley, as the outlook for the chemicals segment becomes more optimistic. Morgan Stanley upgraded the counter 'Over-weight' from its earlier 'Equal-weight' rating, while significantly raising the stock’s target price by 42 percent, from Rs 3,524 to Rs 5,000. The brokerage cited expectations of a more favourable, volume-driven agri-chemical cycle in 2026, which could improve asset utilisation and drive margin gains through operating leverage.
6/10
SpiceJet | CMP Rs 42.8 | Shares ended over 2 percent lower even as the airline reported a sharp jump in earnings for the March quarter of FY2025. SpiceJet has reported its highest-ever quarterly net profit of Rs 319 crore for Q4 FY25, a 12-fold jump from Rs 26 crore in the previous quarter, signalling a strong turnaround for the low-cost carrier after years of financial turbulence.
7/10
IndiGo | CMP Rs 5,390 | Shares of the low-cost carrier rose over two percent after Jefferies reiterated its bullish view, citing strong growth prospects for IndiGo in the coming quarters and maintaining a ‘buy’ rating on the stock. IndiGo continues to prioritise cost leadership and timely fleet expansion, especially amid ongoing consolidation in the airline space.
8/10
Indian Hotels Company | CMP Rs 756 | Shares of Indian Hotels Company Limited (IHCL) climbed nearly 3 percent after Jefferies reiterated its bullish view, citing the company’s strong FY26 guidance and multiple growth levers that support its long-term outlook. Management reaffirmed confidence in the positive demand-supply dynamics for the hospitality sector in India and reiterated its FY26 guidance of double-digit revenue growth.
HDFC Bank | CMP Rs 1,937 | Shares rose after Jefferies reiterated its bullishness on India's largest private lender on Monday, June 16. Further, reports of HDB Financial Services' IPO, a key subsidiary of the bank, drove bullishness. Jefferies remains positive on HDFC Bank, reiterating it as one of its top picks in the banking sector. According to the brokerage, the bank’s management expects supportive policy measures to drive consumption and boost credit demand in the second half of FY26.
10/10
HDFC Bank | CMP Rs xx | Shares Jefferies reiterated its bullishness on India's largest private lender HDFC Bank Ltd, causing shares to soar over one percent in trade on Monday, June 16. Further, reports of HDB Financial Services' IPO, a key subsidiary of the bank, drove bullishness. Jefferies remains positive on HDFC Bank, reiterating it as one of its top picks in the banking sector. According to the brokerage, the bank’s management expects supportive policy measures to drive consumption and boost credit demand in the second half of FY26.
![Shares of Omaxe Ltd, a real estate developer, surged as much as 13.4 percent to Rs 108 in the afternoon on June 16 after the company announced it had acquired 260 acres of land in Amritsar, and in the first phase, it is developing 127 acres with an investment of over Rs 1,000 crore. "The township is just 12 minutes from the Golden Temple and will soon include a hotel to further enhance its appeal. In the future, we also see the opportunity to expand this township through new land acquisitions," the company said in a regulatory filing on June 16.](https://images.moneycontrol.com/static-mcnews/2020/04/Omaxe.jpg "Shares of Omaxe Ltd, a real estate developer, surged as much as 13.4 percent to Rs 108 in the afternoon on June 16 after the company announced it had acquired 260 acres of land in Amritsar, and in the first phase, it is developing 127 acres with an investment of over Rs 1,000 crore. "The township is just 12 minutes from the Golden Temple and will soon include a hotel to further enhance its appeal. In the future, we also see the opportunity to expand this township through new land acquisitions," the company said in a regulatory filing on June 16.")
