June 23, 2025: Today’s market and political landscape saw significant movements with key stock performances from Bharti Airtel, Waaree Energies, and Kaynes Technology, alongside critical updates from the Kaliganj by-election and the latest IPO developments.”
📈 Market Snapshot: Stocks in Focus
Bharti Airtel: The stock closed at ₹13.89 on June 20, marking an 8.94% increase from its previous close.
Waaree Energies: Shares rose by 8% following strong Q4 FY25 results, with revenue increasing by 36.38% year-on-year to ₹4,003.93 crore.
Kaynes Technology India: The stock experienced a decline of 1.45% today, trading between ₹5,750.7 and ₹5,820.
🗳️ Political Update: Kaliganj By-Election Results
The counting of votes for the Kaliganj assembly constituency by-election in West Bengal is underway. The election was held on June 19 to fill the seat left vacant by the death of former MLA Nasiruddin Ahmed in February. This by-election is being closely watched as a political bellwether ahead of the 2026 West Bengal assembly elections.
📊 IPO Market: Globe Civil Projects IPO
The Globe Civil Projects IPO is set to open for subscription on June 24, 2025, with a price band of ₹67 to ₹71 per share. The issue is entirely a fresh issue of 1.68 crore shares, amounting to ₹119 crore. The IPO is expected to list on BSE and NSE on July 1, 2025.