From mega pharma deals to global power bids and regulatory heat, here are the top movers in today’s trade
June 30, 2025: As Indian equity markets gear up for a new trading week, Gift Nifty indicates a mildly weak start, but investors will keep a sharp eye on individual stock action. Here’s a look at eight key stocks making headlines today, June 30, 2025, and the developments that could drive their performance:
Also Read: Wall Street Outlook for the Week Ahead: Markets to Eye Jobs Data, Trump’s ‘Big Act’
🔍 Stocks to Watch Today
1. Torrent Pharma
Torrent Pharmaceuticals has announced a major takeover move, acquiring a 46.39% stake in JB Chemicals and Pharmaceuticals from KKR. The ₹25,689 crore deal is one of the biggest in India’s pharma sector, signaling Torrent’s aggressive expansion plans.
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2. Tata Steel
Tata Steel has received a show-cause-cum-demand notice from the tax department over alleged irregular input tax credit (ITC) claims worth over ₹1,000 crore between FY19 and FY23. Regulatory scrutiny could weigh on the stock.
3. Reliance Power
Anil Ambani-led Reliance Power is venturing abroad with plans to set up a 1,500-MW gas-based power plant. The company has submitted bids for large-scale energy projects in Kuwait, UAE, and Malaysia, signaling its renewed focus on international growth.
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4. Zomato
Zomato co-founder Deepinder Goyal is now entering aviation, backing a startup named LAT Aerospace. The venture aims to democratize regional air travel across India, potentially diversifying Zomato’s business footprint.
5. Adani Group
The US SEC has informed a New York court that it is still attempting to serve legal papers to Gautam Adani and Sagar Adani over a $265 million civil securities case. This continued scrutiny may impact sentiment around Adani stocks.
6. Reliance Industries (RIL)
Reliance Jio continues to lead in telecom, adding 2.7 million new subscribers in May, per TRAI data. Additionally, Reliance Consumer Products is building a ₹1,622 crore beverage manufacturing plant in Andhra Pradesh, expected to be operational by December 2025.
7. Zen Technologies
The company has received its 54th Indian patent for a laser-based military training system, reinforcing its niche in the defense tech space and opening up further institutional demand potential.
8. Bharti Airtel
While trailing Jio in new subscriber additions, Airtel still saw sequential improvement with 2.75 lakh new users in May, reflecting modest recovery.
📊 Market Overview
- NSE Nifty 50 closed 0.35% higher on Friday at 25,638
- BSE Sensex ended 303 points up at 84,059
- Gift Nifty suggests a lower open for Monday’s trade
🏷️ Tags:
Stocks to watch, Torrent Pharma JB Chemicals, Tata Steel tax notice, Reliance Power international projects, Zomato aviation LAT Aerospace, Adani SEC case, RIL Jio subscribers, Zen Technologies patent, Reliance Consumer Products, Bharti Airtel, Indian stock market June 30