Markets wobble, India Hustles: While Global Giants Stumble, Desi Deals Dazzle

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US Market (Futures)

European (Futures)

Asian

FII and DII Trading Activity June 20, 2025 in Cash market:

Key Corporate Developments and Updates:

 

Zen Technologies: Acquiring a majority stake in TISA Aerospace, enhancing its capabilities in UAVs and loitering munitions. This deepens its defense tech footprint. [Positive]

 

NLC India: Subsidiary awarded BESS projects totaling 250 MW/500 MWh in Tamil Nadu under the BOO model with VGF support—solid boost to renewable segment. [Positive]

 

Bajel Projects: Secured an EPC contract worth ₹400+ crore from Power Grid Corporation for transmission line work—major order win. [Positive]

 

Bharat Electronics: Received additional orders worth ₹585 crore for missile-related and communication equipment since June 5. [Positive]

 

Waaree Renewable Technologies: Additional ₹246.92 crore EPC order brings total order value to ₹1,480.40 crore—indicates robust project pipeline. [Positive]

 

Emcure Pharma: To acquire the remaining 20.42% stake in Zuventus Healthcare for ₹725 crore, making it a wholly-owned subsidiary—strengthens business integration. [Positive]

 

Dr Reddy's Laboratories: Received USFDA tentative approval for Carbidopa and Levodopa—marks future US market potential. [Positive]

 

H.G. Infra: Received Letter of Intent from PFC Consulting for an interstate transmission system project—strong infra pipeline addition. [Positive]

 

Hindustan Aeronautics: Won rights to manufacture the Small Satellite Launch Vehicle (SSLV) in a ₹511 crore deal—diversification into space tech. [Positive]

 

MakeMyTrip: Raised $3.1 billion through equity and debt—record fundraise among Indian new-age companies, enabling expansion and competitiveness. [Positive]

 

Tata Consultancy Services: Set up two new delivery centers in Germany and Romania for Software-Defined Vehicles (SDV)—international capability expansion. [Positive]

 

Subex: Integrated Embedded GenAI into its fraud management platform—tech advancement and product enhancement. [Positive]

 

Tata Motors: Plans to regain 50% EV market share, merge EV arm with passenger car unit—strong long-term roadmap shared publicly. [Positive]

 

Granules India: USFDA inspection at Hyderabad facility resulted in 1 observation in Form 483. Though minor, such observations can delay processes. [Negative]

 

LT Foods: US imposes 340.27% countervailing duty on exports from Ecopure Specialities (subsidiary). Major blow to export competitiveness. [Negative]

 

Vodafone Idea: Satellite-based D2M partnership with AST SpaceMobile may face regulatory hurdles, limiting near-term execution. [Negative]

 

Signature Global (India): Board to consider fundraising via NCDs on June 25. No deal executed yet. [Neutral]

 

Bank of India: Board meeting scheduled to consider long-term infra bond issuance. No further detail yet. [Neutral]

 

Bandhan Bank: RBI extends Arun Kumar Singh’s tenure as Additional Director for 1 year. Governance continuity, but not market-moving. [Neutral]

 

CEAT: Board to consider fundraising via multiple debt instruments—decision pending. [Neutral]

 

ONGC: To provide a corporate guarantee of up to $412 million for overseas fundraising by ONGC Videsh—financial commitment, neutral for core ops. [Neutral]

 

Small Finance Banks (Sectoral): RBI revised PSL norms—structural shift that will affect lending patterns from FY26 but not directly linked to one listed stock. [Neutral]

 

Sun TV Network: Issued clarification regarding old business separation; no new material impact expected. [Neutral]

 

Block Deals:

Sai Life Sciences

TPG Asia VII SF Pte has sold 2.08 crore equity shares (10% stake) in the company at an average price of Rs 722 per share, valued at Rs 1,504.8 crore. Buyers of the 10% stake included HDFC MF, DSP MF, Societe Generale, Mirae Asset MF, Axis MF, Aditya Birla Sun Life MF, BlackRock Global Emerging Markets Fund, Max Life Insurance Company, Morgan Stanley, Pimco Equity Series, and Ghisallo Master Fund LP.

 

Bulk Deals:

MIC Electronics:

Promoter entity R R K Enterprise has sold 21.42 lakh shares (0.89% stake) in the company at an average price of Rs 54.07 per share.

 

Northern Arc Capital:

360 ONE Special Opportunities Fund - Series 4, 5, and 7 has sold 1.94 crore equity shares (12.02% stake) in Northern Arc Capital for Rs 382.1 crore.

However, Cohesion MK Best Ideas Sub-Trust acquired 10 lakh shares at an average price of Rs 208.83 per share, and BNP Paribas Financial Markets bought 8.67 lakh shares at an average price of Rs 202.46 per share.

 

Prostarm Info Systems:

PG Foils sold 3.8 lakh shares in Prostarm Info at an average price of Rs 130.07 per share.

 

Solara Active Pharma Sciences:

FSSA Indian Subcontinent Fund has sold 2.24 lakh shares in the company at an average price of Rs 538.11 per share.

 

India Cements:

Franklin Templeton Mutual Fund has acquired 20.37 lakh shares in the cement company at an average price of Rs 310.17 per share.

 

Vishal Mega Mart:

Vanguard Total International Stock Index Fund and Vanguard Emerging Markets Stock Index Fund A Series of VIEIF have acquired 5.05 crore equity shares in Vishal Mega Mart at an average price of Rs 129.74 per share, amounting to Rs 655.16 crore.

 

Westlife Foodworld:

HDFC Mutual Fund has acquired 14.3 lakh shares in the company at an average price of Rs 696.54 per share. However, Hill Fort India Fund LP has sold 15 lakh shares at an average price of Rs 696.55 per share.

 

SG Finserve:

Bandhan Mutual Fund has bought 8.86 lakh shares in the company at an average price of Rs 405 per share. However, Sahil Gupta sold 12.5 lakh shares at an average price of Rs 405.08 per share.

 

Radiant Cash Management Services:

Ascent India Fund III sold 17.6 lakh shares in the company at an average price of Rs 60.76 per share. However, Trishakti Power Holdings bought 11.66 lakh shares at an average price of Rs 60.75 per share.

 

SME Listing on June 23
Samay Project Services, Patil Automation
Stocks Trade Ex-Dividend
Hindustan Unilever, Dalmia Bharat, Dynamic Cables, GNA Axles, Kansai Nerolac Paints, Kalpataru Projects International, Samvardhana Motherson International, Motherson Sumi Wiring India, Pilani Investment and Industries Corporation
Stock Trades Ex-Date for Bonus
V-Mart Retail
Stocks in F&O Ban
ABFRL, BIOCON, RBLBANK, TITAGARH, 

Source: NDTV Profit, Moneycontrol, Financial Express, NSE India, Investing.com