Fundraising plans, bonus announcements, green energy deals, and export contracts place key stocks like SBI, Nestle, Adani Enterprises, and Vodafone Idea in focus as markets weigh geopolitical risks.
Mumbai | June 26, 2025:
Markets are expected to open on a positive note, but investor attention remains sharp on a number of key corporate developments. Here’s a look at the top stocks likely to be in focus during Thursday’s trading session:
🔹 State Bank of India (SBI)
India’s largest lender is in the final leg of selecting merchant banks for its planned ₹25,000 crore QIP (Qualified Institutional Placement), marking its first equity offering in eight years. The move is aimed at boosting capital adequacy and funding future growth.
🔹 Kotak Mahindra Bank
MSCI ESG Ratings has upgraded Kotak Mahindra Bank’s rating from A to AA, a significant move that could attract institutional ESG-focused investors.
🔹 JSW Energy
JSW Energy, via subsidiary Energizent Power Pvt Ltd, signed a Power Purchase Agreement (PPA) with NHPC Ltd for a 300 MW solar-wind hybrid project under the Inter-State Transmission System (ISTS). This aligns with the company’s renewable energy expansion goals.
🔹 Nestlé India
All eyes are on Nestlé India, which will consider a bonus share issue during its board meeting today. The move, if approved, could enhance investor sentiment in this FMCG heavyweight.
🔹 Adani Enterprises
The flagship Adani group company has greenlit a public issue of non-convertible debentures (NCDs) worth up to ₹1,000 crore, including a green shoe option. The funds are expected to be used for infrastructure and capital expenditure.
🔹 Jio Financial
The financial services arm of Reliance has subscribed to 19 crore equity shares in Jio Payments Bank, totalling ₹190 crore, as it strengthens its digital banking footprint.
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🔹 Reliance Infrastructure
Subsidiary Reliance Defence has bagged an export order worth ₹600 crore from Germany’s Rheinmetall Waffe Munition GmbH, marking a significant milestone in its global defence manufacturing ambitions.
🔹 CDSL (Central Depository Services Ltd)
CDSL has signed a Memorandum of Understanding (MoU) with IIM Mumbai to explore data analytics and research collaborations, a move that could elevate its role in financial market digitization.
🔹 Vodafone Idea
The struggling telecom operator is reportedly in talks to raise ₹250 billion ($2.9 billion) in loans to upgrade its network and stem subscriber losses. This could be a key liquidity lifeline for the telco.
🔹 KNR Construction
The infrastructure company has secured a ₹4,801 crore contract for the Banhardih Coal Mining Block in Jharkhand. The project, awarded by Patratu Vidyut Utpadan Nigam Ltd (a JV of NTPC and JBVNL), enhances KNR’s mining credentials.
With geopolitical uncertainty still simmering due to the Israel-Iran ceasefire, investors are expected to closely track newsflow on the Middle East alongside these stock-specific developments.
🟩 Tags:
stocks to watch, SBI QIP, Nestle bonus shares, Vodafone Idea loan, Adani NCD issue, Jio Financial, JSW Energy PPA, Reliance Defence export order, CDSL IIM Mumbai, KNR Construction contract, Israel-Iran war, Indian stock market