Stocks to watch today: From HDFC Bank, Nestle India to HCL Tech – Here are 10 stocks in focus
A range of corporate developments across banking, pharma, infrastructure, and consumer sectors could influence stock movement today. From IPO plans and bonus share considerations to overseas project wins, capital raises, and regulatory updates -here are 10 stocks that could be in focus.
Market recap
In a muted session on June 19, Indian equity benchmarks ended marginally lower, weighed down by weak global cues and continued selling in broader markets. The Sensex slipped 82.79 points or 0.10% to close at 81,361.87, while the Nifty declined 18.80 points or 0.08%, settling at 24,793.25.
Stocks to watch on June 20, 2025
HDFC Bank
In one of the most awaited market events of the year, HDFC Bank’s non-banking subsidiary is set to launch its Rs 12,500 crore IPO from June 25 to 27, comprising Rs 2,500 crore in fresh equity and a Rs 10,000 crore Offer for Sale by the bank. This is not just another IPO, it is being pegged as one of the biggest NBFC listings in recent times.
Nestle India
Nestle India will discuss issuing a bonus share, its first ever, at its upcoming June 26 board meeting. Meanwhile, Nestle and IndusInd Bank will exit the BSE Sensex on June 23. They will be replaced by Trent and Bharat Electronics.
Biocon
Biocon completed a Qualified Institutional Placement (QIP) at Rs 330 per share, a 3% discount to its floor price. The move brings fresh capital and concludes on June 19, with participation from institutional buyers as per SEBI norms.
United Spirits
United Spirits, a Diageo company, announced the acquisition of NAO Spirits, makers of Greater Than and Hapusa gins at an enterprise value of Rs 130 crore. The deal includes secondary share purchases and a fresh equity subscription.
NATCO Pharma
NATCO Pharma confirmed that the USFDA issued seven Form 483 observations after inspecting its Kothur unit between June 9 and 19. The company has not disclosed specific issues raised during the inspection.
HCL Tech
HCL Technologies has signed a deal with Just Energy, a US energy retailer, to upgrade its customer operations using GenAI and Digital Process Outsourcing (DPO) tools. The project supports HCL’s positioning in AI-driven services for the energy sector.
Ashoka Buildcon
Ashoka Buildcon has signed a Rs 562 crore contract with the Government of Guyana for the East Bank–East Coast Road Linkage Project (Phase 2). The execution period is 18 months, marking another global project for the infra player.
ITD Cementation
ITD Cementation India announced two construction orders worth Rs 960 crore. One project is linked to Trivandrum International Airport, while the other involves a multi-storey commercial building in Kolkata. Client details remain undisclosed.
Brigade Enterprises
BuzzWorks, the office space arm of Brigade Enterprises, has leased out 24,000 sq. ft. to Infor India at its Auro Orbit centre in HITEC City, Hyderabad.
CONCOR
Container Corporation of India (CONCOR) has fixed July 4, 2025, as the record date for its 1:4 bonus share issue.