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Stocks to watch: Shares of firms like Torrent Power, Asian Paints, ICICI Bank, HCL Tech, NTPC, and others will be in focus on Friday’s trade
Stocks To Watch On June 2
Stocks to Watch on June 13: Indian markets closed lower on the weekly expiry day, slipping more than 1% after a brief period of consolidation. On June 13, several stocks are expected to be in focus based on key corporate developments and market movements.
Torrent Power
Ahmedabad-based Torrent Power announced that its wholly owned subsidiary, Torrent Green Energy, has secured a 300 MW wind power project from the Solar Energy Corporation of India (SECI).
ICICI Bank
ICICI Bank stated that the Reserve Bank of India (RBI) has approved the reappointment of Rakesh Jha as the bank’s Executive Director for a term of two years, starting September 2, 2025.
Asian Paints
Around 3.5 crore equity shares of Asian Paints, held by Reliance Industries Ltd (RIL) through Siddhant Commercials Ltd, were sold at a price of Rs 2,201 per share. After this sale, Siddhant Commercials retains 87 lakh shares in the company.
DCM Shriram
DCM Shriram informed that its board has approved the 100% acquisition of Hindusthan Specialty Chemicals, a strategic move to expand its specialty chemicals portfolio.
Genus Power
Chiswick Investment Pte. Ltd, linked to Singapore’s sovereign wealth fund GIC, offloaded a 3.6% stake in Genus Power Infrastructures via a block deal on June 12, with an option to increase the sale by another 2.28%.
HCL Tech
HCL Technologies has been selected as a key strategic engineering services partner by Swedish luxury carmaker Volvo Cars, strengthening its global automotive service portfolio.
NTPC
NTPC Ltd reported that Unit-3 (660 MW) of its Barh Super Thermal Power Project (Stage-1) has successfully completed its trial run, a step closer to full operational status.
Canara Bank
The board of Canara Bank has approved a capital raising plan of up to Rs 9,500 crore through bonds during the financial year 2025–26.
CSB Bank
CSB Bank announced that the RBI has approved the reappointment of Pralay Mondal as Managing Director and CEO for another three-year term, starting from September 15, 2025.
Capri Global Capital
Capri Global Capital, a non-banking financial company, said it has raised Rs 2,000 crore through a Qualified Institutions Placement (QIP), strengthening its financial position and enabling future growth.
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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