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  1. Stocks To Watch, June 19: Siemens Energy India, Vedanta, Jio Financial Services, Inox India, Welcure Drugs, Vodafone Idea

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Stocks To Watch, June 19: Siemens Energy India, Vedanta, Jio Financial Services, Inox India, Welcure Drugs, Vodafone Idea

Upstox

5 min read | Updated on June 19, 2025, 08:08 IST

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SUMMARY

Stocks to Watch: Mining conglomerate Vedanta Ltd chairman Anil Agarwal has unveiled a transformation roadmap, positioning the company as a global leader in transition metals, critical minerals, energy, and technology under its next growth phase, dubbed 'Vedanta 2.0'.

Stocks to watch

The GIFT NIFTY futures suggest that the NIFTY50 index will open 31 points lower. | Image: Shutterstock

Stocks to Watch: The share market will likely open in the red on Thursday, June 19. The GIFT NIFTY futures suggest that the NIFTY50 index will open 31 points lower.
Here is a list of stocks that may remain in focus today.
Siemens Energy India (SEIL): The company informed Siemens on Wednesday, June 18, that it has received approval from BSE Limited and the National Stock Exchange of India Limited for the listing and trading of its equity shares effective June 19, 2025.
DLF: Real estate major DLF Ltd has sold all 1,164 luxury flats for about ₹11,000 crore within a week of the launch of its new housing project in Gurugram, reflecting that demand continues to be strong for premium residential properties from end-users and investors.

With pre-sales of ₹11,000 crore, DLF has achieved 50% of its sale bookings target for the current financial year.

Inox India: Shares will be in focus as, according to news reports, the company's six-month and beyond shareholder lock-in period comes to an end today.

As many as 1.8 crore shares of the company, amounting to 20% of its outstanding equity, will be freed up for trade as the lock-in period ends, CNBC-TV18 reported, quoting Nuvama Alternative and Quantitative Research.

ONGC: State-owned Oil and Natural Gas Corporation (ONGC) is calling international experts to contain the weeklong uncontrollable natural gas leak from a well in Assam, the firm said on Wednesday.

The firm has connected the well to a nearby production facility to divert a portion of the gas in a controlled manner.

On June 13, around 11:45 am, during servicing operations at Well No RDS-147, gushes of gas were observed from the well. While there were no injuries, uncontrolled gas has been flowing since then.

Zydus Lifesciences: Zydus Lifesciences Ltd on Wednesday said the US USFDA has closed follow-up inspection of its oncology injectable site near Matoda in Ahmedabad with two observations.

The US Food and Drug Administration (USFDA) had conducted a GMP follow-up inspection at the company's oncology injectable site situated at SEZ 1, near Matoda, Ahmedabad, from June 9-18, 2025, the company said in a regulatory filing.

"The inspection is closed with two observations, and none of them were related to data integrity," it added.

Godawari Power, Dilip Buildcon: Godawari Power and Ispat Ltd, Dilip Buildcon and Shyam Metalics and Energy are among the eight companies that have submitted bids for two coal blocks out of six put on sale.

A total of 14 bids were received from these eight companies for the two blocks.

"The Nominated Authority, Ministry of Coal, today opened the bids for six underground coal blocks under the 12th round of the commercial coal blocks' auction," a coal ministry statement said on Wednesday.

Vedanta: Mining conglomerate Vedanta Ltd chairman Anil Agarwal has unveiled a transformation roadmap, positioning the company as a global leader in transition metals, critical minerals, energy, and technology under its next growth phase, dubbed 'Vedanta 2.0'.

In his address to stakeholders in the group's annual report, Agarwal said the company is at an inflection point, supported by a record financial year, strong cost leadership, and plans to unlock value through its ongoing demerger exercise, which is nearing completion.

Jio Financial Services Ltd (JFSL): The company on Wednesday said it has acquired the entire 17.8% stake of State Bank of India in Jio Payments Bank Ltd for a consideration of ₹104.54 crore.

With the stake buy, Jio Payments Bank becomes a wholly-owned subsidiary of JFSL.

The company acquired 7,90,80,000 equity shares of Jio Payments Bank from SBI for an aggregate consideration of ₹104.54 crore pursuant to the approval received from the Reserve Bank of India on June 4, JFSL said in a regulatory filing.

Welcure Drugs & Pharmaceuticals: Welcure Drugs & Pharmaceuticals on Wednesday said it has executed a definitive mandate for third-party sourcing and procurement services aggregating to ₹517 crore with Thailand-based Fortune Sagar Impex Company.

Welcure Drugs & Pharmaceuticals Ltd will engage in sourcing and procurement of multiple finished-dosage SKUs, the company stated in an exchange filing.

Built on a fee-based model, the company will earn a fixed 5 per cent commission on the cost of goods, the filing stated.

Tata Elxsi: Tata Elxsi on Wednesday said it has partnered with semiconductor solutions provider Infineon Technologies to jointly build application-ready EV solutions for the Indian market.

The partnership will focus on developing ready-to-deploy EV systems for two-wheelers (2W), three-wheelers (3W), passenger vehicles (PV), and commercial vehicles (CV), the company said in a statement.

Bank of Maharashtra, SBI Card: State-owned Bank of Maharashtra on Wednesday entered into a strategic co-branding partnership with SBI Card to launch co-branded credit cards tailored to meet the evolving financial and lifestyle needs of its customers.

Under this partnership, bank customers will be able to access a range of co-branded credit cards designed with attractive features including reward points, cashback offers, fuel surcharge waivers, EMI facilities, and exclusive merchant discounts across key spending categories like dining, travel, and e-commerce, Bank of Maharashtra (BoM) said in a statement.

Tata Consumer Products Ltd (TCPL): Tata Group FMCG arm TCPL will continue scouting for acquisition opportunities in the market to amplify its play while prioritising organic growth, the company said on Wednesday.

Tata Consumer Products Ltd (TCPL) acquired Capital Foods and Organic India a year ago for a combined enterprise value of ₹7,000 crore.

Abbott India: Abbott and MSD Pharmaceuticals on Wednesday announced a partnership for distribution of oral anti-diabetic medicines in India.

Under a distribution agreement, Abbott will distribute the oral antidiabetic medicine sitagliptin, its combination sitagliptin/metformin and the extended-release version of MSD Pharmaceuticals (MSD) in India, the two companies said in a joint statement.

Vodafone Idea: Debt-ridden telecom operator Vodafone Idea on Wednesday announced a partnership with Elon Musk-owned SpaceX rival satcom firm AST SpaceMobile for delivering satellite service on smartphones directly.

AST SpaceMobile is building the first and only space-based cellular broadband network accessible directly by smartphones, designed for both commercial and government applications, Vodafone Idea said in a statement.

SIP
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