Stocks to watch today: Borosil, Ixigo, Swan Energy, Amara Raja and more

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2 min read | Updated on June 25, 2024, 08:55 IST

SUMMARY

Online travel platform Ixigo has expanded its exclusive partnership with financial technology company PhonePe to offer bus and flight bookings in addition to its existing partnership for train ticket bookings.

Stocks to watch on Tuesday, June 25.

The GIFT NIFTY (+0.1%) is trading marginally higher, suggesting a flat to positive start for the stock exchanges on Tuesday, June 25. Meanwhile, Asian indices are trading positively. Japan's Nikkei 225 has surged 0.5%, and Hong Kong's Hang Seng is up 0.9%.

Stocks to watch on June 25

Borosil: The Board of Directors of Borosil Limited has approved Qualified Institution Placement or QIP at a floor price of ₹331.75 per equity share. In January, the company had approved raising up to ₹250 crore via QIP.

Ixigo: Online travel platform Ixigo has expanded its exclusive partnership with financial technology company PhonePe to offer bus and flight bookings in addition to its existing partnership for train ticket bookings.

Swan Energy: The company will be acquiring 49% equity shares of Triumph Offshore Private Ltd (TOPL) for ₹440 crore from IIFCO (Indian Farmers Fertiliser Cooperative Ltd).

Amara Raja: Amara Raja Advanced Cell Technologies Pvt Ltd, a wholly-owned unit of battery manufacturer, has signed a technical licensing agreement with GIB EnergyX Slovakia, a subsidiary of Gotion High-Tech Co Ltd. "As part of the agreement GIB EnergyX will license Gotion's world class LFP technology for lithium-ion cells to ARACT," according to an exchange filing.

Craftsman Automation: The company has entered into a Memorandum of Understanding (MoU) with Sunbeam Lightweighting Solutions Pvt Ltd and Kedaara Capital Fund II LLP. "The MoU outlines Craftsman's intent to acquire all or part of Sunbeam's business in one or more tranches, excluding specific assets in Gurugram," the regulatory filing said.

Shalby: The leading healthcare provider has terminated its franchise agreement with Udaipur's Madhuban Orthopedic and Multispecialty Surgical Hospital Pvt Ltd due to the franchisee's breach of the agreement's terms and conditions, the company said.

About The Author

Kamal Joshi is a business journalist who covers industries, markets and IPOs. He is passionate about breaking news and enjoys playing tennis, where he loves flexing his backhand.

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