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Stock Market today | Share Market Highlights – Find here all the highlights related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 20th June 2025.
Equity benchmark indices Sensex and Nifty rebounded sharply by over 1 per cent on Friday after sliding for the past three sessions, propelled by bargain hunting in financial, telecom and tech stocks amid a correction in global crude prices.
After a flat start, the 30-share BSE Sensex later found its mojo back and surged 1,046.30 points or 1.29 per cent to settle at 82,408.17. During the day, it jumped 1,132.62 points or 1.39 per cent to 82,494.49.
The 50-share NSE Nifty climbed 319.15 points or 1.29 per cent to 25,112.40.
From the Sensex firms, Bharti Airtel, Nestle, Mahindra & Mahindra, Power Grid, Reliance Industries, NTPC, Eternal and HDFC Bank were among the biggest gainers.
In contrast, Axis Bank and Maruti were the laggards.
Global oil benchmark Brent crude dropped 1.93 per cent to USD 77.33 a barrel.
Foreign Institutional Investors (FIIs) bought equities worth Rs 934.62 crore on Thursday, according to exchange data. Domestic Institutional Investors (DIIs) also bought equities worth Rs 605.97 crore. (PTI)
Rupee strengthens against US dollar on domestic equity market performance and FII inflows, aided by falling oil prices.
Subex announced a major leap forward in telecom intelligence with the integration of Embedded Generative AI (GenAI) into its HyperSense Revenue Assurance & Fraud Management (RA & FM) platform.
Sensex rallied 1046.30 pts or 1.29% to end at 82,408.17, and Nifty 50 zoomed 319.15 pts or 1.29% to 25,112.40. All sectoral indices ended in green. Realty, banking, financial and metal stocks outperformed.
Dreamfolks Services stock traded 1.72% lower on the NSE at ₹232, hitting an intraday low of ₹220.30.
The company denied report regarding alleged shifting of clients from company.
Stocks advanced on BSE at 3 pm on June 20, 2025, were 2,513 against 1,399 stocks that declined, and 139 remained unchanged. Total stocks traded were 4,051. The number of stocks that recorded a 52-week high was 80, and those that hit a 52-week low was 80. A total of 173 stocks traded in the upper circuit, and 226 in the lower circuit.
RVNL has received a Demand Notice in the form of DRC-07 from the Office of the Deputy Commissioner of State Tax, Pune, Maharashtra, for a total demand of ₹1.99 Lakh.
RVNL shares traded 1.69% positive on the NSE at ₹388.40.
Hindustan Aeronautics Ltd has won the bid to privately make India’s small satellite launch rockets, the country’s space regulator said on Friday, the government’s biggest step yet to open its fast-growing space industry to private players.
Shares up 1.22% on the BSE, trading at ₹4,960.
Innov8, a co-working firm, raises funds from high-profile investors, plans to expand to 100 centres by year-end.
BEML (+8.83%), Kfin Tech (+4.66%), Kaynes (+4.45%), GRSE (+4.45%), IFCI (+3.97%)
Waaree Energies board has approved the change in location for implementation of the 6 GW Capacity Ingot-Wafers, Solar Cells and Module manufacturing facility as previously disclosed in the Prospectus to 3 GW Modules at Samakhiali, Gujarat, 3 GW Modules at Gujarat/ Tamil Nadu/any other location, 6 GW Cells at Unn, Gujarat, 6 GW Ingots and Wafers at Nagpur, Maharashtra.
Stock jumped 9.09% on the NSE to ₹2,914.
Equity benchmark indices rebounded on Friday after a three-day decline amid escalating geopolitical tensions in the Middle East. Investor sentiments were influenced by positive trends in Asian markets and foreign fund inflows.
Sensex rallied 906.52 pts or 1.11% to 82,268.39 as at 1.30 pm, close to day’s high of 82,297.36. Nifty 50 soared 275.65 pts or 1.11% to 25,068.90
Sambhv Steel Tubes on Friday set a price band of ₹77-82 per share for its upcoming ₹540-crore initial public offering (IPO).
Sambhv Steel Tubes sets IPO price band at ₹77-82 per share, aims to raise ₹540 crore, listing on July 2.
Electronics manufacturing services company Kaynes Technology on Thursday announced the floor price at ₹5,625.75 per share for raising ₹1,600 crore though issue of equities on a qualified institutional placement basis.
Kaynes Technology sets floor price for equity issue at Rs ₹5,625.75 per share to raise Rs ₹1,600 crore. Expanding globally.
Track share price movements of Oswal Pumps live here
The Lilavati Kirtilal Mehta Medical Trust (LKMM Trust) has filed a ₹1,000-crore civil defamation lawsuit against Sashidhar Jagdishan, Managing Director & CEO of HDFC Bank, over a series of malicious, false, and defamatory statements made against the Trust and its Permanent Trustee, Prashant Mehta. The legal action aims to counter what the Trust views as a coordinated campaign to malign its reputation and obstruct its operations as a public charitable institution.
Delhivery announced the full launch of Ondemand Intracity shipping on the Delhivery Direct app in Delhi-NCR and Bengaluru, following the pilot launch in Ahmedabad.
The service offers pick-ups within 15 minutes of booking for local deliveries using two-wheelers for parcels as well as three- and four-wheeler vehicles for larger consignments.
Shares traded flat on the NSE at ₹354.40.
Markets gained momentum on Friday afternoon, with the Sensex climbing 625.56 points or 0.77 per cent to 81,987.43 and the Nifty rising 185.05 points or 0.75 per cent to 24,978.30, as selective buying emerged despite ongoing geopolitical uncertainties in West Asia.
Markets gained momentum on Friday afternoon, with the Sensex climbing 625.56 points or 0.77 per cent to 81,987.43 and the Nifty rising 185.05 points or 0.75 per cent to 24,978.30, as selective buying emerged despite ongoing geopolitical uncertainties in West Asia
“Gold’s prices rally took breather this week on profit-booking, after U.S. Fed’s hawkish comments on interest rates and easing geo-political risk premium following reports that U.S. President Donald Trump likely decide on entering the Iran-Israel war in two weeks – leaving some room for Iran to negotiate on its nuclear program.
On charts prices may find some resistance around Rs. 99,300/ 99,650, while on the downside support is seen at Rs. 98,000/ 97,650”
As DMK MP Dayanidhi Maran levelled charges of corporate fraud against his brother and Sun TV executive chairman Kalanithi Maran, the company on Friday refuted the claims in the legal notice.
As DMK MP Dayanidhi Maran levelled charges of corporate fraud against his brother and Sun TV executive chairman Kalanithi Maran, the company on Friday refuted the claims in the legal notice.
Ola Group’s artificial intelligence arm Krutrim on Friday announced the acquisition of AI platform BharatSah’AI’yak from technology consultancy firm Samagra for an undisclosed amount.
Krutrim acquires AI platform BharatSah'AI'yak from Samagra to enhance offerings and scale up pan India.
Cohance Lifesciences inks agreements with Chromo Laboratories India Pvt Ltd for the sale of assets pertaining to its standalone Clinical Research and Bio-analytical unit (‘CR Bio’), for a consideration of ₹16 crore. Cohance Lifesciences stock trades at ₹981.50 on the NSE
WhatsApp Image 2025-06-20 at 12.37.06 PM.jpeg
Sun TV Network has issued clarification to news articles appearing in various media in relation to certain matters between the promoter of Sun TV Network Ltd and his family member. The alleged matter dates back to 22 years when the company was a closely held private limited company. The statements allegedly made in the articles are incorrect, misleading, speculating, defamatory and not supported by facts or law. We wish to inform that all acts have been done in accordance with legal obligations and the same had been duly vetted by concerned intermediaries before the public issue of the company. The matters alleged in the articles do not have any bearing on the business of the company or its day-to-day functioning and being a family matter of the promoter are purely personal in nature.
Westlife Foodworld’s wholly-owned subsidiary (i.e. Hardcastle Restaurants Pvt Ltd) has declared payment by such subsidiary (final) dividend of ₹165 per equity share of face value of ₹1,000 each i.e. of over 16.5%, for the financial year 2024-25, to the members of such subsidiary.
Stock dipped 0.80% on the NSE to ₹690.70
Sun TV Network has issued clarification pertaining to reports on matters between the promoter of Sun TV Network Limited and his family member.
“The alleged matter dates back to 22 years when the company was a closely held private limited company. The statements allegedly made in the articles are incorrect, misleading, speculating, defamatory and not supported by facts or law,” it said in a stock exchange disclosure.
Sun TV shares tank 5% amid legal clash between Maran brothers
Sun TV Network shares drop 5% due to legal feud between Maran brothers over alleged unlawful share transfers.
Sun TV Network shares drop 5% due to legal feud between Maran brothers over alleged unlawful share transfers.
Of 3,891 stocks traded on the BSE at 12.05 pm on June 20, 2025, 2,498 advanced against 1,224 stocks that declined, and 169 remained unchanged. While 64 stocks recorded a 52-week high, 73 hit a 52-week low. A total of 141 stocks traded in the upper circuit, and 207 in the lower circuit.
Shares of Oswal Pumps Ltd traded in positive territory after listing at over 3 per cent premium on bourses against the issue price of ₹614.
Shares of Oswal Pumps Ltd traded in positive territory after listing at over 3 per cent premium on bourses against the issue price of ₹614.
Suzlon on Friday said it has secured its third successive order from AMPIN for a 170.1 MW wind project in Kurnool, Andhra Pradesh.
Suzlon secures third order from AMPIN for 170.1 MW wind project in Kurnool, Andhra Pradesh, emphasizing sustainability and innovation.
Dilip Buildcon Limited has received the letter of acceptance (LOA) for “Construction of Twin Tube Unidirectional Tunnel (2-Lanes in each Traffic Direction) in the Kozhikode and Wayanad Districts of Kerala State on Engineering, Procurement & Construction (EPC) Basis including Four Lane approach Road for Direct Connectivity Between Anakkampoyil – Kalladi – Meppadi from Km 0.460 to Km 8.735 – (Project length=8.275 km)- Package-II.
Shares soared 3.20% on the NSE to ₹503.05
Ugro Capital baord approved raising of funds via CCDs, having face value of ₹10 each to the non-promoter allotees by way of a preferential allotment for an amount upto ₹911.40 Crore at an issue price of ₹185 each.
Shares rose 1.34% on the NSE to ₹169.70
Schloss Bangalore Limited has informed the Exchange regarding Demise of Naresh Asawa, Senior Vice President Real Estate & Greenfield Projects, a member of the senior management of the Company, on June 14, 2025.
Mirza International has sold clear and marketable titles of land admeasuring approximately 840.18 sq. mtr. Or 1,004.88 sq. yds., located at A 7, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi 110 044, for a total consideration of ₹23 crore.
Stock surged 3.93% on the NSE to ₹29.87
Precious metals have reversed as support from growing geopolitical tensions in the Middle East is offset by a stronger dollar overall and the possibility of fewer interest rate reductions from the US.
Technical Triggers
LTIMindtree introduces BlueVerse, an AI ecosystem for enterprises, offering pre-built solutions and a marketplace with 300+ AI agents.
Krishna Shalby Hospital, Ghuma, Ahmedabad, has received Accreditation certification which complies International Accreditation Standards for Healthcare Organisations V6.) from AACI America LLC, USA, an International Society for Quality in Healthcare External Evaluation Association.
Shalby stock inched up 0.67% on the NSE to ₹182.63
Nifty Bank index continues to hover below 56,000 in a narrow range. The trading range has been 55,457-56,100 over the last couple of days. The index is rising within the range today and is currently trading at 55,843, up 0.48 per cent.
Nifty Bank index hovers below 56,000, with potential to break 56,100; trade cautiously with supports at 55,770, 55,500.
Top gainers: M&M (+2.41%), Jio Financial (+2.13%), Power Grid (+1.94%), HDFC Life (+1.88%), Bharti Airtel (+1.81%)
Top losers: Hero Motocorp (-2.28%), Bajaj Finance (-0.78%), Wipro (-0.43%), Tech Mahindra (-0.36%), TCS (-0.15%)
Nifty 50 continues to oscillate up and down. Although the near-term picture remains unclear, failure to break below 24,700 indicates the absence of strong sellers in the market. Nifty has risen in the early trades today and is now currently trading at 24,857, up 0.27 per cent.
Nifty 50 continues to oscillate up and down. Although the near-term picture remains unclear, failure to break below 24,700 indicates the absence of strong sellers in the market.
Shares of Sun TV Network tanked 5 per cent in early trade on Friday amid legal feud between the Maran brothers.
DMK MP Dayanidhi Maran served a legal notice on his brother and Sun Network Executive Chairman Kalanithi Maran alleging that the latter along with seven others was involved in unlawful share transfers concerning Sun TV Network Limited and affiliated companies.
Sun TV Network shares drop 5% due to legal feud between Maran brothers over alleged unlawful share transfers.
Markets opened marginally higher on Friday morning as investors remained cautious amid escalating Middle East conflicts, with the Sensex gaining 177.46 points to 81,539.33 and Nifty rising 43.70 points to 24,836.95 in early trade.
Markets open higher amid Middle East tensions, with Sensex up 177.46 points and Nifty rising 43.70 points.
Track share price movements of Oswal Pumps live here
Chris Wood of Jefferies
Some adjustments in India portfolio
Investments in L&T, Thermax & Godrej Prop will be removed & replaced by TVS, Home First Fin & Manappuram Fin with 4% each
Additional 1% each will be added to existing investments in PB Fin & Bharti Airtel
Bernstein on Project Financing Norms
RBI eases provisioning norms for under-construction projects
Standard asset provision cut to 1% – major relief for lenders
Relaxed norms + rate cuts + liquidity = lending boost ahead
Guidelines lift sentiment for infra lending across sectors
Specialized NBFCs like REC, PFC among key gainers
PSU banks also poised to benefit from lower capital strain
CITI on Project Financing Norms
RBI relaxes general provisioning norms for project finance
Final norms seen as lender-friendly; effective from Oct 1, 2025
Provisioning eased for infra & non-infra projects, incl. CRE
Big relief for corporate lenders, especially PSU banks & infra NBFCs
Eases concerns over cost overruns, potential pullback in funding
Supports continued lender interest in project finance space
EMKAY on Project Financing Norms
RBI takes pragmatic route with final project finance norms
Provisioning for under-construction infra/CRE projects at 1-1.25% vs 5% draft
Eases pressure on project lenders like REC and PFC
Flexible stance on DCCO delays, cost overruns, resolution triggers
Limited PAT/net worth impact; regulatory capital hit only from FY27
Rate cuts + liquidity + relaxed norms may spur project lending
Large PSBs, PFC, REC seen as key beneficiaries
Jefferies on SBI
Maintain Buy with target price of Rs 960
Growth soft now and expected to pickup in Q2/Q3
Aiming to sustain 1% ROA despite rate cuts
Credit growth can stay higher than deposit growth; ramping-up on wealth offering
Subsidiary businesses can improve
MS on Banks
Play The Growth Recovery Via The ‘High Five’
A Broad-Based Rally Post-RBI Easing Of Liquidity, Interest Rates & Regulations
FY27 Would Be A Confluence Of Multiple Positives
Next 2 Quarters Are Tough – A Buying Opportunity
Believe Strong Banks Will See Significant Re-Rating
Prefer ‘High Five’: ICICI Bank, Kotak Mahindra, AU SFB, HDFC Bank & Axis Bank
At Large Private Banks, Expect Core Pre-Provision Operating Profit CAGR OF 16-18% Starting In FY27
Citi on Jubilant FoodWorks
Maintains buy with target price Rs 805
Free delivery bundled with accelerated product innovation is driving higher frequency and new customer acquisition
Company to build 5 platforms of Rs 10 billion each
For Popeyes, gross margin at 100 stores will be broadly at par with competition
Citi on Swiggy
Retains Buy Swiggy with a target price of Rs 425
Some leveling off on competitive spends in quick commerce in the last few months but remains early to call a trend
QC marketing spends may stabilize here on Swiggy will likely prioritize MTU growth
Food Delivery margins expansion hereon will be led by operating leverage, ad-monetization and operating efficiencies
Jefferies on Infosys
Maintain Buy with target price of Rs 1,660
Delivery aligned by service lines to efficient scale up
Delivery – a key source of competitive advantage
Intensified focus on Risk management for large deals
Al to usher in workforce transition
BofA on Dr Reddy
Maintain Buy; Hike target price to Rs 1,500 from Rs 1,450
Path to 25% margin – not as uphill
Believe base business momentum & ability to optimize elevated cost base is underestimated
H2CY25 has some key catalysts that will improve visibility on the high-value launches
Tariff announcement is a near-term risk
Nuvama on Aurobindo
Buy, target price Rs1,460 (cut from Rs1,485)
Over the medium term, Aurobindo has triggers like resumption of the Pen-G unit, launches in Europe from China unit, injectable drug launches from Eugia-5, normalisation of supplies from Eugia-3, and volume growth in oral products
Dip in gRevlimid shall be offset by growth in Europe and US launches
Building in revenue/EBITDA/PAT CAGR of 7%/8%/15% over FY25-27E
Stock is trading at 13.9x FY27E EPS, 16% discount to its five-year average
Antique on Shilpa Medicare
Buy, target price Rs1,090
Believe SLPA is entering a pivotal growth phase with both near-term execution and long-term strategic bets aligning to
drive a multi-year growth cycle
In the near term, SLPA is poised to capitalize on its differentiated formulations pipeline across key global markets
Within its API segment, SLPA has been filing dossiers in regulated markets where volume offtake is likely to improve along with significant improvement in realization and profitability
The biosimilars and CDMO biologics businesses have the potential to meaningfully contribute from FY28E onwards with a robust development pipeline and EU-GMP approved facility
Company’s pipeline monetization can lead to revenue growth
CAGR of ~34% over a two-year period with EBITDA margin of ~34% by FY27E and EPS CAGR of over 100%
Jefferies On Pharma
Cipla Regains Share In Albuterol, Gains In A Low-competition Injectable
Lupin Faces New Rivals In Rivaroxaban (2.5mg)
Sun Pharma Sees YoY Growth In Ilumya, Cequa; Gains In Vyvanse
DRL Loses Share In gVascepa, gCiprodex
gAptiomsees Multiple Generic Entries Despite 180-day Exclusivity
BOFA Sec On Siemens
Maintain Underperform, TP Rs2,564
Siemens Energy India Trades At A Premium Vs Peers
Siemens (Ex-Energy) Is Expensive At 56x FY27; Maintain Underperform
Core Business Faces Weak Private Capex
Growth Driven By Public Capex & Mobility Despite Execution Challenges
Digital Margin Under Pressure, Recovery Depends On Mobility & Smart Infra Growth
Biocon (BIOS): Biocon closes QIP, allots 136.36M shares at Rs 330 each
Brigade Enterprises (BRGD): Says workspace brand Buzzworks in deal with Infor India for a 24,000 sq. ft. workspace at Auro Orbit, HITEC City to strengthen its presence in Hyderabad
InterGlobe Aviation (INDIGO): Introduces direct flights from Hindon to eight Indian Cities
ITD Cementation India (ITCE): Gets two contracts worth INR9.6b
Nestle India (NEST): To consider free shares issue plan on June 26
United Spirits (UNITDSPR): Board approves purchase of 37,683 NAO shares, NAO to be unit of United Spirits
UNO Minda (UNOMINDA): To set up aluminium die casting plant in Maharashtra to support growing EV demand
Bloom Code : KAYNES IN
– ISIN: INE918Z01012
– Selling Restriction: Reg S
– Securities Offered: Equity Shares of face value of INR 10 each
Indicative Issue Size:
>> Value : Up to INR 16,000 mm / c. US$ 184.5 mm
>> Shares : 2,851,033 share (At Upper End of Price Range)
Last Closing Price : INR 5,612 per share on NSE as of June 19th, 2025
SEBI Floor Price: INR 5625.75 per Equity Share
Indicative Offer Price Range : INR 5344.50 (Lower end) To INR 5612.00 (Upper End) per Eq. Share
Implied Discount to Closing Price: 0% to 4.8% to last closing price as on 19th Jun ‘25
Share Issue Type (Primary/ Secondary): 100% Primary
Dilution: 4.45% to 4.67% of pre-issue outstanding equity share capital
Exchange Rate Used: US$ 1 = INR 86.6994
# Company & Promoter Lock-up Period:
– Company – 90 days, subject to certain exceptions.
– Promoter – 90 days, subject to certain exceptions.
# Indicative Timelines
– Launch: Thursday, 19th Jun, 2025 (after market close)
– Close of EOI: Friday, 20th June, 2025 by 8.45 AM IST (Option to Close Earlier)
– Send numbered Application Form (with escrow account details) and numbered PPD to investors: Friday, June 20, 2025
– Receive filled-in application form along with pay-in of subscription money: Tuesday, 24th June, 2025 by 3:00 PM IST
– Pricing / Sending numbered CAN to investors i.e., “Trade Date”: Tuesday, 24th June, 2025
– Credit of Equity Shares i.e. “Settlement Date” : On or around Thursday, 26th June, 2025
– Listing & Trading Approval from exchange: On or around Thursday, 26th June, 2025
– Trading Commences: On or around Friday, 27th June, 2025
# Book Running Lead Manager:
Motilal Oswal Investment Advisors Limited, Axis Capital Limited and Nomura Financial Advisory and Securities (India) Private Limited
1• Record Date for Shareholder is 19 June & Size is 1,250 Crore ₹ (10% of Issue Size)
2• Those holding HDFC Bank on Record Date are Considered Eligible Shareholders
3• Maximum Amount to be Applied in Shareholder is 2,00,000 ₹ (Excluding Retail / HNI)
4• Shareholder can also apply in Retail or HNI Along with Shareholder Category
5• Allotment in Shareholder Category will be on Proportionate Basis subject to minimum lot
Sun TV shares traded 3.30% lower on the NSE at ₹591.95, after hitting a low of ₹580 from the previous close of ₹612.15. Dayanidhi Maran has served a legal notice on his brother and Sun Network Executive chairman Kalanithi Maran alleging that the latter along with seven others was involved in unlawful share transfers concerning Sun TV Network Limited and affiliated companies.
Suzlon Group and AMPIN Energy Transition have come together once again to fast‐track the nation’s transition to a low‐carbon economy by decarbonising DISCOMs.
Suzlon has secured its third order from AMPIN for a 170.1 MW project to be developed in Kurnool, Andhra Pradesh.
Shares traded at ₹62.93 on the NSE, up 0.64%
Aegis Logistics, CRL Terminals execute pact wherein CRL will acquire specialised storage terminal assets at CRL-4 (NDDB) at Kandla with the capacity of 94,148 cbm (“Project”) constructed and developed by the Company
Aegis Logistics stock traded flat on the NSE at ₹801
Crude oil futures traded lower on Friday following reports that US will decide within two weeks whether to intervene in escalating tensions between Israel and Iran. At 9.28 am on Friday, August Brent oil futures were at $76.91, down by 2.46 per cent, and August crude oil futures on WTI (West Texas Intermediate) were at $73.69, down by 0.26 per cent. July crude oil futures were trading at ₹6385 on Multi Commodity Exchange (MCX) during the initial hour of trading on Friday against the previous close of ₹6449, down by 0.99 per cent, and August futures were trading at ₹6245 against the previous close of ₹6300, down by 0.87 per cent.
Crude oil futures drop amid US-Iran tensions, Trump to decide on intervention within two weeks, impacting oil prices.
The Biocon board had approved the issue and allotment of 136,363,635 equity shares of face value of ₹5 each to eligible qualified institutional buyers at the issue price of ₹330 per equity share (including a premium of Rs. 325 per equity share), aggregating to ₹4,500 crore.
The Issue opened on Monday, June 16, 2025 and closed on Thursday, June 19, 2025.
Shares dipped 0.85% on the NSE to ₹345.65
TRack share price of Oswal Pumps live here
The board of Nestle India will meet on June 26 to consider its first-ever bonus share issue
Buzzing stocks: Nestle maiden bonus meet; Sun TV imbroglio, Diageo-NAO Spirits deal Order wins by TD Power, Hindusan Power, USFDA note to Natco Pharma
NeoGrowth, a leading fintech NBFC, announced the roll out of its flagship CSR initiative, NeoShakti. As the inaugural edition of its purpose-driven CSR strategy, NeoShakti is dedicated to advancing women’s economic and personal empowerment. The initiative is designed to foster resilience and self-reliance by focusing on three core areas: skill development, livelihood generation, and workplace sensitization within women across diverse socio-economic backgrounds. With a long-term vision to bridge the gender gap in enterprise, NeoGrowth aims to scale NeoShakti’s impact by doubling its reach over the next 3–5 years.
The CSR programme, ‘NeoShakti’, is built around two key pillars – skill development & livelihood enablement, and promoting workforce participation and wellbeing for women. This is done through initiatives such as vocational training, entrepreneurial skill development, mentorship programs, and Through its partnership with infrastructure enhancement, safety, and wellbeing initiatives.
ICRA on the Indian Oil and Gas Industry analysing the potential implications of escalating tensions in the Strait of Hormuz (SoH) on global energy markets and India’s economy. Given the strategic importance of the SoH — a critical chokepoint facilitating nearly 20% of global oil and LNG trade— the report highlights key risks and opportunities for stakeholders.
Key findings:
· The Strait of Hormuz (SoH) is a key energy choke point through which almost 20% of global oil and LNG is traded.
· Any escalation in the conflict in the area could significantly impact global supplies and prices. Increase in crude oil and gas prices will be positive for the profitability of upstream companies even as marketing margins of downstream players are adversely impacted.
· Iran’s crude oil production is around 3.3 mbd, of which it exports 1.8-2.0 mbd. While Iranian oil and gas facilities have reportedly been attacked, the extent of damage is not clear. However, any disruption of Iranian production and supplies or a wider regional conflict impacting other large producers in the region could push energy prices higher.
· Crude oil imports from Iraq, Saudi Arabia, Kuwait and the UAE that pass-through SoH account for ~45 50% of total crude imports by India. About 60% of the natural gas imports by India pass through SoH. At these elevated crude oil prices, while the profitability of upstream players will remain healthy and their capex plans will remain intact, the marketing margins of downstream players will be impacted along with the expansion of LPG under-recoveries.
· ICRA expects crude prices to average between $70-80/bbl for FY2026. A sustained flare-up in the conflict poses upside risks for our estimates of crude oil prices, and consequently of net oil imports and the current account deficit (CAD). A $10/bbl increase in the average price of crude oil for the fiscal will typically push up net oil imports by ~$13-14 billion during the year, enlarging the CAD by 0.3% of GDP
EDITOR’S SYNOPSIS
· Ambuja Cements and ACC are the two leading Indian cement companies to have their near-term and net-zero emission targets validated by the Science Based Targets initiative (SBTi).
· The Companies’ near-term targets to be achieved by 2030, and net-zero targets by 2050.
· This will enable the two Companies to contribute toward India’s commitment to reach net-zero by 2070.
· This validation will facilitate both Companies to comply with Carbon Credit and Trading Scheme of Government of India and participate in carbon markets.
Background: Manual, line-by-line examination of the DRHP by human reviewers has historically been labor-intensive and time-consuming, frequently resulting in extensions to the IPO timeline.
Quote: BSE’s initiative to provide merchant bankers with a generative AI-based pre-check facility marks a progressive shift in the SME IPO ecosystem. Validation of draft offer documents before this move used to take approx. a week. This may now be done in around 30 to 40 minutes approx. This initiative may reduce IPO listing timeline to this extent. This facility is advisory in nature initially. This move empowers intermediaries to identify and resolve potential compliance gaps at an early stage in the IPO process.
JSA Advocates and Solicitors, is advising Lalithaa Jewellery Mart Limited and M. Kiran Kumar Jain, the Promoter Selling Shareholder, in relation to the proposed initial public offering (IPO) of equity shares aggregating to ₹1,700 crore. The IPO comprises a fresh issue of ₹1,200 crore and an offer for sale of ₹500 crore by the Promoter Selling Shareholder.
JSA’s team was led by Arka Mookerjee (Lead Partner), along with support from Equity Capital Markets team, including Pracheta Bhattacharya (Partner), Anshu Bansal (Partner), and Kairav Parikh (Principal Associate), Vatsla Varandani (Associate), Shreya Sharma (Associate), Anvita Sinha (Associate), Ritu Jaiswal (Associate), Bernedict Rozario (Associate), guided the clients through the complex IPO process, ensuring regulatory compliance and a smooth transaction.
“Final guidelines on project finance comes as a relief to the lenders, as for operational projects the extant requirement continues at 0.4%, which is lower than 1%/2.5% indicated in the earlier draft. For under construction project finance provisions are kept at 1% vis-a-vis 5% suggested in the draft. This is however higher than 0.4% applicable at present for banks. Limited impact expected on NBFCs as sufficient provisions are provided as per the expected credit loss assessment and provisioning at present is closer to the requirement as per the guidelines. Also, the provisions are applicable prospectively, from Oct 2025 and, thus overall impact for lenders shall be limited.”
The board of Kaynes Technology has announced a floor price of ₹5,625.75 per share to raise ₹1,600 crore though issue of equities on a qualified institutional placement basis. The fundraise plan was approved by the company’s board on January 22 and by shareholders on February 14, the company said in regulatory filing. The QIP issue opened on Thursday.
Kaynes Technology sets floor price for equity issue, TPG Asia to divest stake, Privi Speciality Chemicals promoters sell shares.
BSE:-82(81361)
NSE:-18(24793)
BNF:-251(55577)
MID:-749(44941)
SML:-940(52093)
FII|FPI in ₹: +1008.43Cr
DII in ₹: +365.68Cr
DII:+365Cr
B.Crude: 77
Gold$:3368=₹: 99342
Silver: 107346
$/₹: 86.72
7.10: 2034 G-Sec: 6.36 (6.35 prv)
NSE 100 PE: 22.13
$ Index: 98.95
VIX: 14.26 −0.020 (0.14%)
FIIs FY25-26 in ₹
MTD: (-3969.68Cr)
DIIs FY25-26 in ₹
MTD: +59595.89Cr
HDFC BANK ; HDB Financial Sets IPO Price Band at ₹700–₹740 Per Share
Fresh Issue ; 2500 Cr
OFS By HDFC BANK ; RS 10,000 Cr
IPO Open ; 25-27 June
FIIS : BUY +1,008 (11,965-10,957)
DIIS : BUY +365 (10,710-10,345)
Mahindra & Mahindra share price has been oscillating in a sideways range since May this year. Broadly, the trading range has been ₹2,930-₹3,170.
Mahindra & Mahindra stock price analysis suggests bullish bias, with potential breakout above ₹3,140 targeting ₹3,300.
Published on June 20, 2025
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