Stocks to Watch on June 12: Coal India, Hindustan Copper, Maruti Suzuki and More in Focus

The GIFT Nifty suggests Indian markets may open on a quiet note today. On Wednesday, the NSE Nifty 50 rose 37 points (0.15%) to 25,141, while the BSE Sensex gained 123 points to close at 82,515.

Stocks to Watch Today

Coal India 

Coal India aims to raise ₹6,264 crore in FY26 through asset monetisation. In the previous year, it earned ₹8,462 crore from similar efforts, including 6 mine developer projects, 7 abandoned mines, and one washery.

Hindustan Copper 

Hindustan Copper will invest ₹2,000 crore over 5–6 years to expand its mine capacity from 4 MTPA to 12.2 MTPA by FY31. The company also plans to bid for copper deposits in India and abroad.

ICICI Bank

ICICI Bank has signed an agreement to sell its entire 18.8% stake in NIIT Institute of Finance Banking and Insurance Training (NIIT-IFBI), marking an exit from its investment in the training subsidiary.

City Union Bank 

City Union Bank’s board approved plans to raise ₹500 crore through a qualified institutional placement (QIP). Shareholder approval will be sought in the AGM scheduled for August 13.

Maruti Suzuki 

The NCLT has approved the first motion for merging Suzuki Motor Gujarat with Maruti Suzuki India Ltd. This move consolidates Suzuki’s India operations under one entity and may simplify business operations.

Jio Financial Services 

Jio Financial Services and BlackRock’s joint venture, Jio BlackRock Investment Advisers Pvt Ltd, received SEBI’s registration to operate as an investment adviser, paving the way for its launch.

Also Read:Adani Group Q4 FY25 Earnings Results: Reported ₹89,806 Crore EBITDA, Up 8.2%!

Sterlite Technologies 

Sterlite Technologies, in partnership with Dilip Buildcon, secured a ₹2,631 crore contract from BSNL. The deal involves upgrading and maintaining telecom infrastructure in J&K and Ladakh under BharatNet.

Conclusion

From strategic investments to legal developments and major contracts, these companies are in the spotlight today. Investors should watch these stocks closely for short-term movement and long-term implications.

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.