Stocks in Spotlight: As markets open flat and start the day cautiously, investors are closely watching a handful of equities expected to stir up action. Company updates and sector-specific developments will likely drive trading activity in these shares today.
1. Kaynes Technology
The semiconductor maker announced that Japan-based Fujitsu General Electronics Limited and its fully-owned subsidiary, Kaynes Semicon Private Ltd, signed an asset purchase agreement.
2. IndiGo
IndiGo aims to expand its international operations in Central Asia by launching direct flights to three major cities: Almaty in Kazakhstan, Tashkent in Uzbekistan, and Tbilisi in Georgia.
3. Suzuki Maruti
Facing a scarcity of rare earth magnets, Maruti Suzuki, India’s leading manufacturer, is adjusting the production timeline for its upcoming e-VITARA vehicle.
4. Finance IIFL
IIFL Finance plans to raise up to ₹600 crore by issuing non-convertible debentures (NCDs) through a private placement.
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5. Baroda Bank
A state-owned bank has updated its marginal cost of funds-based lending rate (MCLR), and the new rates will take effect on June 12, 2025.
6. Texmaco
The engineering business announced that it received a ₹44.04 crore order from Mumbai Railway Vikas Corporation Limited.
7. Wipro
Wipro, the IT services provider, and international food wholesaler Metro AG have extended their collaboration for another two years.
8. Reliance Infrastructure
On Tuesday, Reliance Defence and Diehl Defence of Germany declared that they are enhancing their strategic partnership to supply the Indian Armed Forces with precision-guided bombs.
9. CreditAccess Grameen
CreditAccess Grameen has secured a $100 million multi-currency syndicated social lending facility, eligible as an External Commercial Borrowing (ECB), through the Reserve Bank of India’s (RBI) automated procedure.
10. Max Financial Services
The business has announced that Sumit Madan will assume the role of Managing Director and CEO of Axis Max Life Insurance Ltd, effective October 1, 2025.
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