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  5. Stocks to Watch, June 17: Tanla Platforms, Vishal Mega Mart, Biocon, NTPC, Sona BLW, Bata India, ZEEL, Hindustan Zinc

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Stocks to Watch, June 17: Tanla Platforms, Vishal Mega Mart, Biocon, NTPC, Sona BLW, Bata India, ZEEL, Hindustan Zinc

Upstox
By Upstox News Desk

5 min read | Updated on June 17, 2025, 08:03 IST

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SUMMARY

Stocks to Watch: Vishal Mega Mart will likely see a block deal today. According to a news report by CNBC TV18, Samayat Services LLP, the promoter entity of supermarket chain Vishal Mega Mart Ltd, is likely to offload a 10% equity stake in the company through block deals. The deal size is estimated at ₹9,896 crore.

Stock list

BIOCON
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SONACOMS
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TANLA
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VMM
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Stocks to watch

The GIFT NIFTY futures indicate that the NIFTY50 index will open 33 points lower. | Image: Shutterstock

Stocks to Watch: The domestic stock market will likely open in negative territory on Tuesday, June 17. The GIFT NIFTY futures indicate that the NIFTY50 index will open 33 points lower.
Here is a list of stocks that may remain in focus today.
Vishal Mega Mart: The stock will likely see a block deal today. According to a news report by CNBC TV18, Samayat Services LLP, the promoter entity of supermarket chain Vishal Mega Mart Ltd, is likely to offload a 10% equity stake in the company through block deals.

The deal size is estimated at ₹9,896 crore.

Sona BLW Precision: The company, in its press release on June 16, said that following the untimely demise of Chairman Sunjay Kapur, the management team will lead the company under the supervision of the board for the time being.

"The Board of Directors of the Company will meet in due course to elect a new chairman of the Board," the release added.

Hindustan Zinc: The stock will trade ex-dividend today. The company had announced an interim dividend of ₹10 per share. The record date is also today.
Shankara Building Products: Shares will trade ex-dividend today. The company announced a dividend of ₹3 per share. The record for the same is also today.
Biocon: Biotechnology firm Biocon Ltd on Monday said it has set the floor price of ₹340.2 per equity share for its qualified institutions placement (QIP) to raise ₹4,500 crore.

"The fundraising committee of the company, at its meeting held on June 16, 2025, authorised the opening of the issue (qualified institutions placement) and approved the floor price for the issue at ₹340.2 per equity share," Biocon Ltd said in a regulatory filing.

On April 23, 2025, the company's board had approved raising the amount through the issue of securities. READ MORE
Bata India: Shares may remain in the spotlight as Bata Group, a multinational footwear firm, on Monday announced the appointment of Panos Mytaros as its new Global Chief Executive Officer, succeeding Sandeep Kataria as part of its succession plan.

Kataria in 2020 became the first Indian to head the Switzerland-based footwear major when he was named the global CEO of the Bata Group. He joined Bata in 2017 and was leading the India operations before taking over the global CEO role.

Zee Entertainment Enterprise Ltd (ZEEL): The company on Monday said it plans to raise ₹2,237.44 crore from promoter group entities, which will lead to an increase in promoter shareholding to 18.4%.

The board of the company, at its meeting held on Monday, approved the "issue of up to 16.95 crore fully convertible warrants for consideration to be received in cash" to Altilis Technologies and Sunbright Mauritius Investments, promoter group entities, on a preferential basis, said ZEEL.

This fresh infusion of funds from promoters will enable the company to further fortify its core business segments and strengthen its financial foundation to explore value-accretive growth opportunities in the evolving media & entertainment landscape, it said.

Asian Paints, RIL: Reliance Industries (RIL) on Monday sold 85 lakh shares of Asian Paints for ₹1,876 crore through an open market transaction.

The share sale came days after Reliance Industries offloaded 3.50 crore equity shares, or a 3.64% stake, in Mumbai-based Asian Paints last week.

According to the block deal data on the National Stock Exchange (NSE), Reliance Industries, through its affiliate Siddhant Commercials Pvt Ltd, disposed of 85 lakh shares, representing a 0.88 per cent stake in Asian Paints.

The shares were sold at an average price of ₹2,207 apiece, taking the transaction value to ₹1,875.95 crore.

NTPC: The company will hold a board meeting on June 21 to consider and approve the issue of secured/unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures ("Bonds/NCDs") aggregating up to ₹18,000 crore.
Jindal Steel, Coal India: Jindal Steel and Power Ltd, NLC India Ltd and Coal India-arm Western Coalfields Ltd (WCL) are among the companies that have submitted bids for coal mines put on sale in the 12th round of commercial coal mine auctions.

A total of 27 companies have submitted their bids in the auction process, the coal ministry said in a statement, adding that more than 10 new companies have participated for the first time under the auction.

ICICI Bank: The company said that RBI has approved the re-appointment of Sandeep Batra as Executive Director of the bank for a period of two years from December 23, 2025, to December 22, 2027. The approval of the shareholders for the reappointment will be sought in due course of time.
Hyundai Motor India: Hyundai Motor India Ltd on Monday said it has started production of passenger vehicle engines at its Talegaon plant in Maharashtra.

In a regulatory filing, the company said it has "successfully commenced" production of passenger vehicle (PV) engines at the Talegaon plant with effect from June 16, 2025.

"Intimation regarding commencement of production of passenger vehicles at Talegaon Plant will be made separately in due course," Hyundai Motor India Ltd (HMIL) said.

Tanla Platforms: The company informed stock exchanges that its board has approved the buyback of up to 20 lakh fully paid-up equity shares of a face value of ₹1 each. This is 1.49% of the total number of equity shares in the existing total paid-up equity share capital of the company. The buyback price is ₹875 apiece, and the buyback size stands at ₹175 crore.
Mastek: Mastek, on Monday, June 16, announced that it has been awarded a contract by NHS England to provide NHS board and Senior Information Risk Owner (SIRO) cybersecurity training in partnership with Templar Executives.

This training is aimed at NHS boards and executives to help enhance their understanding of the cyber landscape and build resilience across the healthcare system.

SIP
Consistency beats timing.
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