6 days ago
Top stocks to watch today, June 16: NTPC, Godrej Properties, ONGC, Oil India, SpiceJet, Natco Pharma and more
Indian stock markets are likely to open on a cautious note on Monday, June 16, as global investors monitor geopolitical tensions in the Middle East. Here's a look at key stocks that will be in focus today: ONGC, Oil India, Paint Companies, OMCs
Crude oil prices remain elevated with Brent trading near $75 per barrel due to the ongoing Iran-Israel conflict. This could impact oil-linked sectors including oil exploration companies, paint manufacturers, and oil marketing companies (OMCs). Vedanta Ltd
The company's board will meet on June 18 to consider the first interim dividend for FY26. Investors will watch for the dividend quantum and commentary on future payouts. NTPC
NTPC has commenced operations at one 660 MW phase of its three-phase super thermal power project. The operationalisation adds to the company's thermal generation capacity. Godrej Properties
Godrej Properties will develop a 14-acre residential project in Hoskote, East Bengaluru. The project has an estimated revenue potential of ₹1,500 crore. Syngene International
The US Food and Drug Administration (US FDA) has issued a 'No Action Indicated' (NAI) classification for Syngene's Semicon Park facility in Bengaluru, indicating compliance with regulatory norms. HBL Power Systems
HBL Engineering has received a Letter of Acceptance (LoA) worth ₹164 crore for Kavach-related work in the Vijayawada–Ballarshah section of South Central Railway. Zee Entertainment
Zee Entertainment's board is scheduled to meet today to discuss potential fundraising plans and a long-term growth roadmap over the next three to five years. Tanla Platforms
The company's board will meet today to consider a share buyback proposal, which may impact stock movement based on the buyback size and premium. Birla Corporation
Birla Corp has been declared the preferred bidder for a limestone block spanning 500 hectares in Rajasthan. This could aid raw material security for its cement business. SpiceJet
The airline reported a net profit in FY25, marking its first annual profit in seven years. EBITDA rose 19% year-on-year. The financial performance may lift investor sentiment. Sun Pharmaceutical
Sun Pharma has received eight observations from the US FDA for its Halol facility, following an inspection. Regulatory compliance remains a key monitorable. Nazara Technologies
Investor Rekha Jhunjhunwala has exited Nazara Tech by selling 27.23 lakh shares via block deals on Friday. Stock may react to the large stake sale. Natco Pharma
The US FDA issued one observation for Natco's API manufacturing facility in Hyderabad following an inspection.
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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