Stocks to Watch Today, 16th June 2025: ITC, Godrej Properties, Birla Corporation and more

Indian bourse expects cautiousness , with mounting tensions in West Asia, specifically Iran's ballistic missile strikes against Israel, still spooking global investors. Through the GIFT Nifty shows a flat beginning, traders are recommended to focus on stock-specific catalysts amidst still-prevailing volatility driven by geopolitical risks and rate expectations. 

Last week witnessed the Nifty 50 losing 170 points to 24,718 and the BSE Sensex 573 points to 81,118 as a sign of investor jitteriness in the wake of increasing crude oil prices and general global uncertainty. Following is a closer glance at companies set for significant action today.

Global market 

US market  Wall Street ended sharply lower on Friday as Iran launched missiles at Israel, intensifying concerns over the Middle East conflict. This has led to heightened volatility and risk aversion globally.

Asian market openings with mixed Japan’s Nikkei and Korea’s Kospi were up 0.74% and 0.29%, respectively. Hong Kong’s Hang Seng and China’s Shanghai Composite were slightly down  by 0.3%.

Amidst this turbulence here are the stocks to watch for today:

Stock to watch 

ITC has declared the completion of its purchase of a 100% stake in Sresta Natural Bioproducts Pvt. Ltd. (SNBPL) for ₹400 crore all-cash transaction, representing a strategic foray into the organic food business and part of its overall Fast-Moving Consumer Goods (FMCG) growth plan. Subsequent to the acquisition, SNBPL and its foreign subsidiaries in the US and UAE have turned into fully-owned subsidiaries of ITC.

Godrej Properties will develop a super-premium residential development on a 14-acre land plot in Hoskote, Bengaluru, which is anticipated to have around 1.5 million square feet of saleable space and a likely revenue opportunity of ₹1,500 crore.

Birla Corporation, the flagship of the MP Birla Group, has become the highest bidder for the Gourum Khan Ki Dhani (South) limestone block in Jaisalmer, Rajasthan, after a successful bid in the recent e-auction process of the state.

Sun Pharmaceutical Industries Ltd. indicated that the US Food and Drug Administration (FDA) completed its inspection of its Halol plant on June 13, which resulted in a Form 483 with eight observations. The facility is still under an import alert, which was placed after a 2022 warning letter, reflecting ongoing regulatory issues. Independently, the Board of the company has appointed Kirti Ganorkar as Managing Director for a term of five years from September 1, 2025, while Dilip Shanghvi will remain Executive Chairman.

Syngene International finished its USFDA Good Clinical Practices (GCP) inspection of its facility in Semicon Park, Bengaluru, with zero observations and no Form 483 issued, a No Action Indicated (NAI) classification. The company also obtained an Establishment Inspection Report (EIR) from the USFDA for its production facilities at Biocon Park, SEZ, Bengaluru, after a scheduled current Good Manufacturing Practices (cGMP) inspection between February 10-20, 2025, came to a close with an outcome labeled as Voluntary Action Indicated (VAI).

Natco Pharma also had its USFDA inspection of its API plant at Hyderabad come to an end, with the agency releasing a Form 483 with one procedural observation.

Adani Ports and SEZ, running the strategically placed Haifa Port, made it clear that the port was undamaged after Iran's new missile attacks on Israel, even though Israeli Oil Refineries experienced damage to pipelines and infrastructure in the city. Adani Enterprises was also being watched over with regard to the developments.

NTPC Ltd. has started commercial operations of Unit-3 (660 MW) of its North Karanpura Super Thermal Power Project, taking NTPC's standalone capacity to 60,266 MW, and group capacity to 81,368 MW. The Committee of Creditors has also approved the resolution plan filed by a consortium of Maharashtra State Power Generation Company and NTPC for Sinnar Thermal Power.

SpiceJet has posted a record net profit of ₹319 crore for Q4FY25, up significantly from ₹26 crore in the last quarter. This is the airline's second straight profitable quarter and its first full-year profit since FY18, reversing to a net profit of ₹48 crore from a ₹404 crore loss in FY24.

Bajaj Finance shares will start trading ex-bonus and ex-stock split today, with the company having previously issued a 4:1 bonus issue and stock split bringing down the face value from ₹2 to ₹1. The ex-bonus and ex-stock split date is operative June 17.

Vedanta's Board of Directors will meet on June 18 to approve the first interim dividend for the financial year 2025–26, keeping June 24 as the record date for identifying shareholders entitled to it.

Adani Green Energy took the top accolades in the National Stock Exchange's newest ESG (Environmental, Social, and Governance) ratings, being ranked number one in the utilities/power industry and in the top five among NSE 100 companies by revenue, with an ESG score of 74.

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