Stocks to Watch on June 17: Zee Entertainment, NTPC, Reliance Industries, Biocon, Tanla Platforms Among Key Movers

Fundraising moves, leadership changes, buyback announcements, and strategic deals to drive stock action in Tuesday’s trade.

June 17, 2025: As markets open on Tuesday, June 17, 2025, investors will closely monitor several stocks influenced by corporate announcements, board actions, and strategic developments. Here’s a look at key stocks likely to be in focus in today’s trade:

Also Read: Indian Stock Market Today: 8 Key Global Cues Driving Markets — Gift Nifty, Israel-Iran Conflict, Unemployment Data


🔷 Zee Entertainment Enterprises (ZEE)

ZEE’s Board has approved the issuance of up to 16.95 crore fully convertible warrants to promoter group entities on a preferential basis.

  • Price per warrant: ₹132
  • Total funds to be raised: ₹2,237.44 crore
    The move aims to strengthen promoter holding and fund future growth initiatives.

Also Read: Bajaj Finance Share Bonus Stock Split


🔷 NTPC Ltd

The state-run energy major has scheduled a board meeting on June 21, 2025, to consider raising up to ₹18,000 crore via bonds.
This aligns with NTPC’s long-term capital planning and infrastructure expansion strategy.

Also Read: Lava’s Prowatch Xtreme Launches – check now


🔷 Tanla Platforms

The company announced a share buyback plan worth ₹175 crore, signaling confidence in its cash flows and shareholder value creation.


🔷 IIFL Finance

The non-banking financial company appointed B. P. Kanungo, former RBI Deputy Governor, as independent director to its board.
This high-profile addition could enhance regulatory trust and investor sentiment.


🔷 Reliance Industries & Asian Paints

Reliance Industries sold 85 lakh shares of Asian Paints through a block deal worth ₹1,876 crore.
This may impact stock sentiment for both companies in today’s session.


🔷 Biocon Ltd

Biocon has launched its qualified institutional placement (QIP) to raise ₹4,500 crore, setting the floor price at ₹340.20/share, in accordance with SEBI guidelines.
The capital will likely fund expansion and R&D.


🔷 Macrotech Developers (Now Lodha Developers)

The real estate company has officially rebranded as Lodha Developers, following MCA approval. The rebranding may trigger sentiment-driven moves.


🔷 Hyundai Motor India

Hyundai has commenced engine production for passenger vehicles at its Talegaon plant in Maharashtra, a major operational milestone ahead of planned IPO developments.


🔷 ICICI Bank

RBI has reapproved Sandeep Batra’s reappointment as Executive Director. His continued presence ensures leadership continuity in one of India’s top private sector banks.


🔷 Jindal Steel and Power

The board has approved a proposal to rename the company to Jindal Steel Limited, subject to shareholder and regulatory approvals.


Market Outlook

With multiple corporate updates and mixed global signals, expect stock-specific action in today’s trade. Traders may adopt a cautious tone ahead of the Fed policy outcome and amid ongoing Middle East tensions.


Tags:
Stocks to watch June 17, Zee Entertainment share news, NTPC bond issue, Biocon QIP, Reliance Asian Paints deal, ICICI Bank ED reappointment, Tanla buyback, Hyundai Talegaon plant, Lodha Developers, Jindal Steel name change

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