Top stocks to watch today, June 17: HCLTech, TCS, Godrej Properties, Hyundai Motor India, Mphasis and more
Indian benchmark indices started the week on a strong note despite global uncertainties and geopolitical tensions. On Monday, June 16, 2025, the BSE Sensex climbed 677.55 points (0.84%) to end at 81,796.15, while the NSE Nifty50 gained 227.90 points (0.92%) to close at 24,946.50.
Today, several stocks will be in focus due to company announcements. Stocks to Watch on June 17, 2025
HCLTech: The IT services firm has secured a multi-year deal to manage private cloud and network operations for German utility company E.On.
TCS: Tata Consultancy Services will deploy its core banking solution, BaNCS, for the Council of Europe Development Bank.
Godrej Properties: The company has acquired a 16-acre land parcel in Pune's Upper Kharadi area. The estimated development potential from the project is approximately ₹3,100 crore.
Biocon: The biopharma company has launched a Qualified Institutional Placement (QIP) with an aim to raise up to ₹4,500 crore. The indicative floor price is set at ₹323.2 per share.
DLF: Credit rating agency ICRA has upgraded DLF Cyber City Developers Ltd's long-term rating to AAA. The outlook has been revised from positive to stable.
Zee Entertainment: The company plans to raise up to ₹2,237 crore through the issuance of warrants to promoter entities at ₹132 per share.
Sona BLW Precision Forgings: The board has reaffirmed its confidence in CEO Vivek Vikram Singh, who will continue to lead business operations. A new chairperson will be appointed soon.
Hyundai Motor India: The company has commenced engine production at its Talegaon manufacturing facility in Maharashtra.
Mastek: The digital engineering firm has won a contract to provide cybersecurity training to the NHS Board and Senior Information Risk Owners (SIRO) in the UK.
Mphasis: The company has partnered with AI underwriting firm Sixfold to support digital transformation in the insurance sector.
Tanla Platforms: The board has approved a buyback of up to 20 lakh shares worth ₹175 crore at a maximum price of ₹875 per share.
Axiscades Technologies: The company has entered into a joint development agreement with Europe-based Indra for defense product innovation.
Asian Paints: Reliance has offloaded 85 lakh shares of Asian Paints to ICICI Prudential at ₹2,207 per share through a block deal conducted on June 12.
Vodafone Idea (VMM): Promoters are reportedly preparing to sell shares worth ₹9,900 crore via block deals. The floor price is expected to be at a 12% discount to the current market price.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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