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Stocks to watch: Shares of firms like Wipro, Maruti Suzuki, SBI, Bank of Baroda, Nazara Tech, NTPC, and others will be in focus on Thursday’s trade
Stocks To Watch
Stocks to Watch on June 12: Indian markets remained volatile and ended marginally higher on June 11 amid limited fresh triggers. In today’s session, these stocks could see action based on key news developments.
Bank of Baroda:
The state-run lender has reportedly emerged as the top bidder for Jet Airways’ 83,000 sq ft office space in Godrej BKC, located in Mumbai’s Bandra-Kurla Complex, according to The Economic Times.
Nazara Technologies:
Axana Estates, Plutus Wealth Management, and Junomoneta Finsol have jointly made an open offer to acquire a 26% stake in the gaming and sports media company.
State Bank of India (SBI):
SBI has completed the recruitment of 13,455 junior associates to strengthen its customer-facing operations across the country.
Wipro:
Around 18.05 crore shares of Wipro, representing a 1.72% stake, were traded in block deals between promoter group entities on Wednesday, as per exchange data.
NTPC:
The public sector power utility has raised $750 million through External Commercial Borrowing (ECB) to fund its growth and expansion initiatives.
Hindustan Copper:
The state-owned miner plans to invest Rs 2,000 crore over the next 5–6 years as part of its capacity and operational expansion strategy.
HDFC Bank:
In an ongoing dispute, the Lilavati Kirtilal Mehta Medical Trust reiterated its criticism of HDFC Bank MD and CEO Sashidhar Jagdishan, claiming the bank failed to submit key loan documents in court.
Maruti Suzuki:
The NCLT Principal Bench in New Delhi has approved the first motion for the merger of Suzuki Motor Gujarat Pvt. Ltd. with Maruti Suzuki India, effective June 10, 2025.
Zydus Lifesciences:
Zydus has received an Establishment Inspection Report (EIR) from the USFDA for its API manufacturing facility in Ankleshwar, Gujarat, signifying closure of a recent inspection.
RailTel:
The railway PSU has secured a Rs 119.49 crore contract from South Eastern Coalfields Ltd. (SECL) to provide managed bandwidth services under an OPEX model.
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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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