Last Updated:
Indian markets seen flat to negative as GIFT Nifty trades lower, with focus on BEL orders, Delhivery welfare plan, Vedanta Aluminum expansion, Vodafone Idea warrants
Stocks To Watch Today, June 23.
Indian equity markets are likely to open on a flat-to-negative note on Tuesday, June 23, as GIFT Nifty traded marginally lower by 4 points, or 0.02%, at 24,095.5 during early trade. The index touched a high of 24,220 and a low of 24,052, indicating a cautious start for benchmark indices amid mixed global cues.
Investors are expected to track crude oil price movements, foreign fund activity and stock-specific developments, including corporate announcements from BEL, Vodafone Idea, IREDA and JSW Infrastructure, for further market direction.
BEL Share Price
Defence PSU Bharat Electronics (BEL) has secured additional orders worth ₹1,081 crore since its last disclosure on May 25, 2026. The fresh orders include communication equipment, radars, CBRN protection systems, seekers, avionics, upgrades, spares and services.
Craftsman Automation Share Price
Shares of Craftsman Automation are likely to remain in focus after reports suggested that a promoter may sell a stake through a block deal.
Delhivery Share Price
Logistics major Delhivery has announced a comprehensive welfare package for its frontline workforce of over one lakh employees. The initiative includes accidental insurance coverage of up to ₹15 lakh, family health insurance and scholarships for employees’ children.
Vedanta Aluminium Share Price
Vedanta Aluminium said it plans to double its production capacity to 60 lakh tonnes per annum (LTPA) from the current 30 LTPA. The expansion aims to cater to growing demand from infrastructure, automotive and electrification sectors.
Syrma SGS Share Price
Syrma SGS Technology and Kaga Electronics have entered into a joint venture agreement to manufacture products for Japanese customers. Syrma SGS will hold a 60% stake in the venture, while the remaining 40% will be owned by Kaga Electronics’ Indian arm.
IREDA Share Price
Indian Renewable Energy Development Agency (IREDA) has raised around ₹1,500 crore through bonds maturing in three years and six months. The bonds were issued at a cut-off yield of 7.34%.
Info Edge Share Price
Info Edge, in a letter to shareholders, revealed that it has invested more than ₹1,000 crore in over 50 startups since 2020. The company said it has deployed ₹614 crore across 28 AI startups and ₹455 crore in 30 deep-tech ventures.
OMC Stocks: IOCL, BPCL, HPCL Share Price
Oil marketing companies (OMCs) such as IOCL, BPCL and HPCL could remain in focus as declining crude oil prices are expected to boost fuel marketing margins. However, a JP Morgan report noted that rising debt levels and uncertainty around fuel taxes may weigh on the sector’s long-term earnings outlook.
Hindustan Zinc Share Price
Hindustan Zinc has signed an MoU with Advantek Associates LLP and Aero Eagle Automobiles Pvt Ltd to evaluate the adoption of green hydrogen and other clean-energy solutions across its operations.
JSW Infrastructure Share Price
JSW Infrastructure said its Qualified Institutional Placement (QIP) opened on June 22 at a floor price of ₹290.35 per share. The company’s finance committee approved the launch of the QIP on Monday.
APAR Industries Share Price
APAR Industries Middle East Limited has signed an agreement with Saudi Aramco Base Oil Company to supply base oils within the lubeHub Value Park in Yanbu, Saudi Arabia.
Vodafone Idea Share Price
Vodafone Idea’s board has approved the allotment of 430 crore warrants to Suryaja Investments Pte Ltd, an Aditya Birla Group entity. The warrants will be issued at ₹11 each, raising ₹1,182.5 crore through an upfront payment of 25% of the issue price.
Birla Corporation Share Price
Birla Corporation has commenced coal mining operations at the Bikram Coal Mine in Burhar, Shahdol district of Madhya Pradesh.
IIFL Finance Share Price
IIFL Finance said its board will meet on June 27 to consider a proposal for raising funds through an equity share issuance.
GHV Infra Projects Share Price
GHV Infra Projects announced that it has secured a work order worth around ₹213 crore, including GST, from GHV (India) Pvt Ltd. The contract covers civil, electrical, mechanical, signalling and telecommunications works.
About the Author
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the I…Read More
Read More
Source link
[ad_3]
