Last Updated:June 18, 2025, 07:43 IST
Stocks to watch: Shares of firms like Hindustan Zinc, Delhivery, Vedanta, PNB, Ola Electric, and others will be in focus on Wednesday’s trade
Stocks To Watch On June 18
Stocks to Watch on June 18, 2025: Markets continued their consolidation phase, ending nearly 0.5% lower in the previous session. On Wednesday, shares of Polycab India, Hindustan Zinc, Delhivery, M&M, Vishal Mega Mart, and others will be in focus due to significant corporate announcements and deals.
Polycab India
Polycab India has bagged a massive Rs 6,447.54 crore contract from BSNL under the BharatNet initiative. As the implementing agency for Karnataka, Goa, and Puducherry, the company will handle the design, construction, and maintenance of the region’s digital infrastructure.
Hindustan Zinc
Vedanta Group’s Hindustan Zinc will invest Rs 12,000 crore over three years to boost its refined metal capacity by 250 KTPA. This is part of its broader goal to nearly double capacity in five years, alongside scaling up mining and milling operations.
Delhivery
The Competition Commission of India (CCI) has cleared Delhivery’s acquisition of a controlling stake in Ecom Express for Rs 1,407 crore—signaling a key consolidation in India’s logistics space.
Vishal Mega Mart
Promoter Samayat Services LLP sold a 19.6% stake in Vishal Mega Mart for Rs 10,220 crore. Leading mutual funds including SBI, Kotak Mahindra, and HDFC were among the buyers.
Punjab National Bank (PNB)
PNB has completed the sale of its 20.9% equity stake in associate company ‘Mis India SME Asset Reconstruction Company’ for Rs 34 crore.
Larsen & Toubro (L&T)
At its 80th AGM, L&T Chairman S. N. Subrahmanyan shared updates on the company’s progress in clean energy, including green hydrogen electrolysers and access to US-approved small modular reactor (SMR) tech—positioning L&T at the forefront of India’s nuclear energy transition.
Mahindra & Mahindra (M&M)
M&M received CCI approval to acquire a 58.96% stake in commercial vehicle manufacturer SML Isuzu for Rs 1,554.60 per share. The transaction includes 43.96% from Sumitomo, 15% from Isuzu Motors, followed by an open offer for an additional 26%.
UGRO Capital
UGRO Capital will acquire 100% of Profectus Capital for Rs 1,400 crore in an all-cash deal, funded via recent capital raises and internal accruals. The transaction is expected to close in 2–3 months.
Ola Electric Mobility
In a driver-friendly move, Ola Electric has scrapped commission fees across all services—autos, bikes, and cabs—allowing drivers to retain 100% of their earnings.
Tata Power
Tata Power Renewable Energy has rolled out its “Ghar Ghar Solar” campaign in Bhubaneswar, offering rooftop solar systems starting at just Rs 2,499 for 1 kW—boosting access to clean energy across Odisha.
GMR Airports
GMR Airports reported handling over 1 crore passengers in May 2025. While domestic traffic remained steady, international traffic grew 2.9% YoY. Aircraft movements rose 6.3% to nearly 65,000.
RailTel
RailTel received a Letter of Intent from ZENICS for the Rs 43.99 crore Mizo Fibre Grid Network (MFGN) project, aiming to boost digital connectivity in Northeast India.
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Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
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