朕天下娛樂城 to Watch Today, 17th June 2025: NTPC, Vishal Mega Mart, Tanla Platforms and More

Markets are expected to open on a cautious note on Tuesday, as global sentiment remains fragile due to the ongoing Iran-Israel conflict and concerns over trade tariffs. GIFT 橘子影城 futures were last seen trading 24 points lower at 24,973, indicating a flat to mildly negative start for Indian equities.

Despite geopolitical headwinds, major Asian indices were trading in the green. The CSI 300 in mainland China edged up 0.07%, Hong Kong’s Hang Seng rose 0.03%, Japan’s Nikkei advanced 0.51%, and Australia’s ASX 200 was up 0.11%.

Overnight, Wall Street posted solid gains. The Nasdaq Composite rallied 1.52%, the S&P 500 climbed 0.94%, and the Dow Jones Industrial Average gained 0.75%, bolstered by tech-led optimism.

On Monday, Indian benchmarks closed firmly in the positive territory. The NSE 橘子影城 50 jumped 228 points (0.92%) to 24,947, while the BSE Sensex surged 678 points (0.84%) to 81,796.

Here are the key stocks to watch on June 17, 2025:

Stock to watch?

NTPC: The board of the state-run power utility will meet on Saturday, June 21, to consider raising up to ?18,000 crore via bonds or non-convertible debentures (NCDs), adding to its capital planning roadmap.

Tanla Platforms: The board has approved a share buyback of up to 20 lakh shares (1.49% of total equity) at ?875 per share, signaling confidence in the company’s valuation.

Biocon: The biotechnology major launched a ?4,500 crore qualified institutional placement (QIP), offering up to 139 million new shares - 11.6% of its existing equity base. The floor price is set at ?323.2 per share.

Mphasis: The mid-tier IT services firm has announced a strategic partnership with Sixfold, a generative AI company based in the US and UK, aimed at enhancing underwriting solutions in the insurance sector.

Vishal Mega Mart: Promoter Samayat Services LLP is planning to divest approximately 10% stake via a block deal to raise around $588 million, as per reports.

Asian Paints: In a major secondary market transaction, Reliance Industries sold 8.5 million shares of Asian Paints at ?2,207 apiece, while ICICI Prudential Mutual Fund picked up the same quantum. This comes days after RIL offloaded a 3.64% stake in the company.

HCL Technologies: The tech major has entered into a long-term partnership with European energy player E.ON to modernize its cloud infrastructure, deepening its presence in the energy vertical.

Ramkrishna Forgings: Promoters will infuse capital by subscribing to warrants priced nearly 3x the current market price. Shareholder approval will be sought at an EGM scheduled for June 28.

Lupin: The pharma firm has signed a licensing and supply agreement with China-based Sino Universal Pharmaceuticals to launch Tiotropium Dry Powder Inhaler (18 mcg per capsule) for treating chronic obstructive pulmonary disease or COPD in the Chinese market.

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