Stocks to Watch Today, 18th June 2025:Hindustan Zinc,Tata Power Renewable Energy Ltd and More

Indian equity benchmarks are likely to open flat to slightly lower on June 18, reflecting cautious sentiment amid escalating geopolitical tensions and global economic uncertainty. GIFT Nifty futures traded between 24,834 and 24,852, signalling a muted start. 

Market participants remain wary of further risk escalation in the Middle East, particularly involving Iran and Israel, which has contributed to broader risk aversion and currency pressure.

The surge in crude oil prices remains a key macro headwind. Brent crude climbed over 4% to about $76.4 per barrel, renewing concerns over India's trade balance and inflation trajectory. 

Consequently, the Indian rupee slipped to a two-month low, trading in the range of ₹86.38 - ₹86.42 per US dollar. Despite these pressures, domestic institutional investors continued their buying spree, pumping in nearly ₹82 billion on Tuesday. Meanwhile, foreign portfolio investors also showed signs of returning, lending some support to market breadth and overall liquidity.

In regulatory developments, SEBI has approved a shift in the BSE derivatives expiry to Thursdays starting September 1, 2025 bringing it in sync with NSE’s Tuesday expiry introduced earlier. This change is expected to influence trading strategies, volume distribution, and possibly the competitive positioning between the exchanges. Markets are also keeping a close watch on the US Federal Reserve’s policy outcome later today, where steady rates are anticipated but forward guidance will be key in setting the tone for global and domestic risk assets.

Here are the key stocks to watch on June 18, 2025:

Stock to watch 

Hindustan Zinc, which is part of the Vedanta Group, is planning to invest a whopping ₹12,000 crore over a period of three years. The investment will go towards increasing its refined metal production by 250 KTPA, in line with its objective to almost double capacity in five years. Meanwhile, Vedanta, the promoter of Hindustan Zinc, is said to be planning to sell nearly ₹7,500 crore of shares, or 1.6% equity, through block deals at a floor price of ₹452.5 a share.

Tata Power Renewable Energy Ltd (TPREL) has introduced its "Ghar Ghar Solar" initiative in Bhubaneswar, Odisha. The scheme provides rooftop solar systems from as low as ₹2,499 for 1 kW, aiming to democratize access to clean energy in the state. Likewise, Larsen & Toubro (L&T) emphasized its clean energy thrust, including green hydrogen electrolysers manufacturing and prior access to U.S.-approved Small Modular Reactor (SMR) technology.

Polycab India has won a large order valued at ₹6,447.54 crore under BSNL's BharatNet project. The firm will function as the project implementation agency for Karnataka, Goa, and Puducherry to develop and maintain the important middle-mile digital infrastructure.

RailTel has been issued a Letter of Intent by Zoram Electronics Development Corporation (ZENICS) for the ₹43.99 crore Mizo Fibre Grid Network (MFGN) project. The project is set to increase connectivity in Mizoram and in the Northeastern region.

UGRO Capital made a big consolidation step, announcing that it had agreed to buy 100% of Profectus Capital in an all-cash transaction worth ₹1,400 crore. The acquisition is expected to be done in 2–3 months from internal accruals and fresh capital infusion. The Board of Directors of the company also has a meeting lined up for June 20 to discuss fundraising through convertible securities.

Competition Commission of India (CCI)  cleared Delhivery to buy at least a 99.4% interest in Ecom Express for a maximum of ₹1,407 crore, which is a major consolidation of the Indian logistics sector.

Mahindra & Mahindra (M&M) received unconditional clearance from the CCI for its announced acquisition of a 58.96% interest in SML Isuzu. This acquisition includes the purchase of a 43.96% interest from Sumitomo and 15% from Isuzu Motors at ₹1,554.60 per share, and thereafter, an open offer for another 26%.

Ola Electric Mobility launched a new aggressive strategy by eliminating commission charges for drivers on all its auto, bike, and cab services, enabling drivers to earn 100% of their pay.

Bharat Forge inked an Memorandum of Understanding (MoU) with France's Turgis Gaillard. The collaboration plans to jointly provide AAROK drones, a MALE-class UAV for long-range surveillance at high altitudes with electromagnetic sensors and radar.

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