Stocks to Watch Today, 26th June 2025: Vodafone Idea, Jio Financial Services, HUL and More
Domestic equities are poised to extend their winning streak for a third straight session, with benchmark indices eyeing their highest levels of the year amid mixed global signals.
As of 7:45 AM, GIFT Nifty was trading 42 points, or 0.16 per cent, higher at 25,293, indicating a positive start for the Nifty50.
Asian markets showed mixed sentiment, reflecting the lacklustre overnight session on Wall Street. Japan’s Nikkei was up 1.1 per cent, while South Korea’s Kospi slipped 1.65 per cent.
Geopolitical developments remained in focus after U.S. President Donald Trump stated that the war between Israel and Iran is over, but also warned of the possibility of renewed conflict. He added that the U.S. is likely to meet with Iranian officials next week. Meanwhile, U.S. markets closed flat despite hovering near record highs - the S&P 500 ended unchanged and the Dow Jones declined 0.25 per cent.
Back home, the Nifty enters the monthly expiry session on Thursday set for its fourth consecutive positive F&O series and its third straight gain in a June expiry. On Wednesday, the index held onto gains through the session and closed at its highest level so far in 2024, although it still hasn't decisively crossed the 25,300 mark.
With limited direction from global markets, domestic cues are likely to take centre stage. Block deal activity is expected to pick up pace before the trading window closure, with significant transactions lined up in PB Fintech and MobiKwik, the latter having seen underperformance in recent weeks.
Several stocks will also see their post-IPO lock-in periods expire today, which could influence near-term supply dynamics. On the macro front, the RBI’s monthly bulletin, which highlighted robust economic activity, may offer further support to the market’s bullish undertone.
Here are the key stocks to watch on June 26, 2025:
Stocks to Watch Today
Vodafone Idea: The telecom operator is reportedly in talks with lenders to raise around $2.9 billion in long-term loans to enhance its network capabilities and better compete with larger peers. According to a Bloomberg report, the State Bank of India is expected to lead the lending consortium. The funding is likely to include both domestic and foreign borrowings with a tenure of roughly 10 years.
Jio Financial Services: The company announced a capital infusion of ₹190 crore into its payments banking subsidiary. It was allotted 190 million equity shares of ₹10 each in Jio Payments Bank Ltd, a wholly owned subsidiary, for cash at par.
Hindustan Unilever: In a regulatory filing, the company said Magnum Ice Cream Company HoldCo 1 Netherlands B.V. will acquire 61.9 percent of Kwality Wall’s India from the Unilever Group. Following the transaction, Magnum HoldCo will be required to make an open offer to acquire additional shares from public shareholders.
JSW Steel: The company has filed a review petition in the Supreme Court, challenging the order that rejected its resolution plan for the acquisition of Bhushan Power and Steel. Lenders, including SBI and Punjab National Bank, have also sought a review of the ruling.
BSE: The stock exchange has been fined ₹25 lakh by the securities market regulator for violations related to Regulation 39(3) and associated circulars between February 2021 and September 2022. BSE stated that the penalty will not have any material impact on its operations or financial health.
JSW Energy: Its subsidiary, Energizent Power, has entered into a 25-year Power Purchase Agreement with NHPC for a 300 MW solar-wind hybrid project at a tariff of ₹3.49 per kWh. The project will be implemented across Rajasthan and Andhra Pradesh and is expected to be commissioned within 24 months.
Texmaco Rail: The company has secured a ₹535 crore order from CAMALCO SA for 560 railway wagons along with a 20-year maintenance contract. The agreement also includes a potential for supplying an additional 1,040 wagons over the next five years.
PB Fintech: Reports indicate that co-founders Yashish Dahiya and Alok Bansal may offload around 5.05 million shares, or 1.1 per cent stake, at ₹1,800 per share. The total deal size is estimated at ₹912 crore.
Sun Pharmaceutical: The company’s European partner, Philogen S.p.A., has voluntarily withdrawn its marketing authorisation application for the investigational skin cancer therapy Nidlegy in the European Union.
Ceat: The tyre maker announced plans to raise up to ₹500 crore through unsecured non-convertible debentures (NCDs) via private placement. The proposal was approved by its Finance and Banking Committee on June 25.
Union Bank of India: The lender plans to raise ₹6,000 crore through a mix of equity and debt instruments to fund future growth. The board has approved raising up to ₹3,000 crore via equity in multiple tranches through a public issue.
Coal India: The company reported an 8.7 per cent year-on-year decline in coking coal production for May, at 4.53 million tonnes, down from 4.96 million tonnes in the same month last year. This comes amid the government’s push to boost domestic output and reduce import dependency.
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