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Stocks in Watch on June 17, 2025: Zee, NTPC, Reliance, Biocon and More in Focus

Written by: Kusum KumariUpdated on: 17 Jun 2025, 3:05 pm IST
Stocks to watch today: Zee to raise ₹2,237 crore, NTPC plans bond issue, Biocon eyes ₹4,500 crore via QIP. Key moves from Reliance, Tanla, Hyundai, and more.
Stocks in Watch on June 17, 2025: Zee, NTPC, Reliance, Biocon and More in Focus
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On June 17, 2025, investors are expected to trade cautiously due to ongoing tensions between Iran and Israel, as well as concerns over global trade tariffs. GIFT Nifty futures were last down by 24 points at 24,973, indicating a slightly weak start for the Indian market.

Overnight, US markets closed higher with the Nasdaq rising 1.52%, the S&P 500 gaining 0.94%, and the Dow Jones ending the session up 0.75%.

Zee Entertainment

Zee Entertainment’s board has approved issuing up to 16.95 crore convertible warrants to its promoter group at ₹132 each. This move will raise ₹2,237.44 crore via preferential allotment.

NTPC 

NTPC announced its board will meet on June 21 to consider raising up to ₹18,000 crore through bond issuances.

Tanla Platforms 

Tanla Platforms’ board has approved a share buyback worth ₹175 crore, aiming to return value to shareholders.

IIFL Finance 

IIFL Finance has appointed B. P. Kanungo, former RBI deputy governor, as an independent director to strengthen its governance.

Reliance 

Reliance Industries sold 85 lakh shares of Asian Paints via a block deal, valued at ₹1,876 crore.

Biocon 

Biocon has started its Qualified Institutional Placement (QIP) to raise ₹4,500 crore. The floor price is set at ₹340.20 per share.

Macrotech Developers 

Macrotech Developers has officially changed its name to Lodha Developers after MCA approval, effective June 16.

Also Read: Capri Global Raises ₹2,000 Crore via QIP to Power Expansion and Tech Investment

Hyundai 

Hyundai Motor India began passenger vehicle engine production at its Talegaon plant on June 16.

Conclusion

Today's market is buzzing with major corporate actions, from fundraisings and leadership appointments to strategic deals and rebranding efforts. Keep these stocks on your radar.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jun 17, 2025, 9:35 AM IST

Kusum Kumari

Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.

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