The GIFT NIFTY futures suggest that the NIFTY50 index will open 9 points lower.
The domestic stock market is expected to open in the red on Tuesday, June 23. The GIFT NIFTY futures suggest that the NIFTY50 index will open 9 points lower.
Here is a list of stocks that may remain in focus today.
Vedanta: Vedanta shares are likely to be in focus as reports indicate that promoter Twinstar Holding plans to sell a 1.7% equity stake through block deals. The transaction involves the sale of 6.5 crore shares worth around ₹1,900 crore, with a floor price of ₹291 per share. The reports said that leading investment firm CITI is managing the deal.
Hindustan Zinc: Hindustan Zinc Ltd on Monday announced its collaboration with Advantek Associates LLP and Aero Eagle Automobiles Pvt Ltd to evaluate green hydrogen and alternative clean-energy solutions across its operations.
The collaboration will explore the adoption of innovative technologies to reduce carbon emissions and enable a transition to low-carbon, future-ready mining.
"Through this MoU (Memorandum of Understanding), Hindustan Zinc is set to pioneer the use of hydrogen fuel for underground mining applications, positioning it to become the only company to deploy this technology in such environments," the company said in a filing to BSE.
JSW Infrastructure: Shares will be in focus after the company opened its Qualified Institutional Placement (QIP) issue on June 22. The company's finance committee approved a floor price of ₹290.35 per equity share for the issue, which comprises a fresh issue of shares along with an offer for sale by a promoter selling shareholder.
Birla Corporation: Shares will be in focus after the company announced the commencement of commercial coal production at its Bikram Coal Mine in Burhar, Shahdol district of Madhya Pradesh. The company said commercial operations at the mine began on June 22, 2026.
BEL: Shares of India’s leading defence player, Bharat Electronics Ltd, will remain in focus on Tuesday as the company announced new order wins in nearly a month’s period.
Transrail Lighting: Shares will be in focus after the company's board approved the acquisition of a 100% equity stake in Gactel Turnkey Projects Ltd. from Ajanma Holdings, subject to customary approvals and closing conditions. The board also approved the execution of the share purchase agreement and related transaction documents.
Separately, the company announced the resignation of Deputy Managing Director Raman Rajagopalan due to personal commitments that require him to relocate to Chennai. Rajagopalan will be relieved from his duties with effect from July 31, 2026, following approval by the Nomination & Remuneration Committee and the board.
Info Edge: In its letter to shareholders, the company said that to date, Info Edge has invested ₹614 crore across 28 AI startups, which are now valued at ₹1,268 crore, implying a 2.1x multiple and nearly 31% gross IRR. Of the 28 companies, 15 have raised externally led follow-on rounds from institutional investors such as Insight Partners, Left Lane, Peak XV, SIG, and Vertex amongst others.
Craftsman Automation: Shares are likely to remain in focus on Tuesday after reports suggested that promoter Srinivasan Ravi plans to sell up to a 2.01% stake in the company through a block deal.
The transaction, including a greenshoe option, is estimated at around ₹484 crore, with the floor price set at ₹9,250 per share, implying a discount to the stock's previous closing price.
The proposed stake sale comes weeks after the company raised nearly ₹2,000 crore through a qualified institutional placement (QIP).
Syrma SGS: Electronics manufacturing services firms Syrma SGS and Kaga Electronics have signed a pact to form a joint venture that will focus on production for Japanese clients, a regulatory filing said on Monday.
Syrma SGS will hold a 60% stake in the joint venture company (JVCo), and the rest will be held by the Indian arm of Japanese firm Kaga Electronics.
"We would like to inform you that the company has executed an agreement with Kaga Electronics India Private Limited (Kaga) to establish, develop, and operate a technologically advanced, state-of-the-art EMS manufacturing facility together in India, focusing on Japanese clients," the filing said.
Vedanta Aluminium Metal: Vedanta Aluminium Metal Ltd (VAML), which recently got listed on the BSE and NSE, on Monday said it plans to double its production capacity to 60 lakh tonnes per annum (LTPA) to meet rising demand from the infra, automotive, and electrification sectors.
VAML officially commenced trading as an independent listed entity on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) from June 15, following the successful completion of Vedanta Group's demerger, which became effective on May 1.
The listing marks a major milestone in the company's evolution, creating a focused, pure-play aluminium business with enhanced strategic flexibility and stronger long-term growth visibility, the company said in a statement.
Vodafone Idea: Debt-ridden firm Vodafone Idea has raised ₹1,182 crore from promoter Aditya Birla group through an issue of warrants, according to an exchange filing.
Vodafone Idea has pinned hope on its target to triple cashflow, as well as on new loans, tax refunds, and fresh capital infusion from promoters to generate over ₹1 lakh crore cash required in the next three years.
The company, in the filing to stock exchanges, stated that its board in a meeting on Monday approved the "allotment of 430 crore warrants to Suryaja Investments Pte Ltd (an Aditya Birla Group entity and a member of the Promoter Group) for cash at an issue price of Rs 11 per warrant, against receipt of 25% of the issue price i.e. ₹2.75 per warrant aggregating to ₹1,182.50 crore".
Apar Industries: The company announced the signing of an agreement between Saudi Aramco Base Oil Company and its subsidiary APAR Industries Middle East Limited, to supply base oils within the lubeHub Value Park in Yanbu. "This agreement enables APAR to produce its flagship transformer oils, along with a wide range of other specialty oils," the company said in a statement.
With inputs from PTI
Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial adviser before making any investment decisions.
Swati Verma is a business journalist with over 11 years of experience. She writes on equities, corporate earnings, sectoral trends, and industry outlook, among others. At Upstox, she leads financial markets coverage.
