Stocks To Watch: Federal Bank, JK Cement, HCL Tech, Bharat Forge, BEL, And Others

By News18

Stocks To Watch: Federal Bank, JK Cement, HCL Tech, Bharat Forge, BEL, And Others

Stocks to Watch on July 1, 2025: Markets began the week on a softer note, slipping nearly half a percent after a strong rally last week. On Tuesday, several stocks are likely to remain in focus due to key corporate developments, including Federal Bank, Apollo Hospitals, JK Cement, HCL Tech, Bharat Forge, and others.
CG Power and Industrial Solutions: Opened its QIP issue on June 30 with a floor price of Rs 679.08 per share. Sources suggest the issue size may be around Rs 3,000 crore.
Kalpataru Projects International: Secured new international orders worth Rs 989 crore in the T&D segment. FY26 total order intake now stands at Rs 7,150 crore.
KSB: Received an order from L&T for 15 sets of boiler feed pumps for NTPC鈥檚 supercritical power plants at Gadarwara and Nabinagar.
NCC: Bagged building division orders worth Rs 1,690.5 crore in June.
Bharat Electronics (BEL): Received fresh orders worth Rs 528 crore, including radars, EVMs, jammers, shelters, and control centres.
HCL Technologies: Announced a multi-year strategic partnership with OpenAI for enterprise AI transformation.
Hindustan Copper: Signed an MoU with Coal India to explore opportunities in copper and critical minerals.
Godrej Industries: Invested Rs 285 crore more into Godrej Capital, increasing its stake from 89.48% to 90.89%.
Apollo Hospitals Enterprises: Announced the spin-off of its digital health, telehealth, and pharmacy distribution businesses into a new entity, NewCo. The combined unit (including AHL and Keimed) aims for Rs 16,300 crore revenue in FY25 and Rs 25,000 crore by FY27.
AAVAS Financiers: Aquilo House Pte acquired 2.09 crore shares from former promoters, becoming the new promoter.
Ashok Leyland: S Mahesh Babu resigned as CEO of Switch Mobility effective August 31. COO Ganesh Mani will take over from September 1.
Astec Lifesciences: Board approved a Rs 249.35 crore rights issue at Rs 890 per share in a 1:7 ratio. Opens July 14 and closes July 28.
Bank of India: Cut MCLR by 5 bps across tenures, effective July 1.
JK Cement: Declared a Rs 15 per share dividend for FY25.
Can Fin Homes: Appointed Abhishek Mishra as CFO for three years, replacing Interim CFO Prashanth Joishy.
Samvardhana Motherson International: Completed acquisition of 14.29% in Motherson Technology Services Kabushiki Gaisha, making it a wholly owned step-down subsidiary.
Yes Bank: Shweta Jalan resigned as Non-Executive Director; D Shivakumar appointed as Additional Director representing Verventa Holdings.
Bharat Forge: Approved transfer of defence business to subsidiary Kalyani Strategic Systems via Rs 500 crore OCRPs. Revised acquisition cost of AAM India Manufacturing to Rs 770 crore from Rs 544.5 crore due to higher cash availability.
ESAF Small Finance Bank: Sold NPAs worth Rs 733.4 crore to an ARC for Rs 73.34 crore.
Uno Minda: Completed acquisition of 49.90% stake in UnoMinda EV Systems from FRIWO GmbH for Rs 141.27 crore.
Federal Bank: Approved fundraising via equity and debt instruments up to Rs 6,000 crore.
SJVN: Subsidiary SJVN Green Energy commissioned 100.25 MW from the Bikaner Solar Project, with 501.02 MW operational and the rest expected soon.
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.

Read More…