Indian equity markets ended in the red on June 18, weighed down by weakness in select heavyweight stocks. The Sensex dropped by 0.17%, to close at 81,444.66, while the Nifty fell by 0.17%, to settle at 24,812.05, slipping below the key 24,850 mark.
Jio Financial Services has acquired the remaining 7.9 crore shares of Jio Payments Bank from State Bank of India for a total value of ₹104.54 crore. With this transaction, the payments bank is now a wholly-owned subsidiary of Jio Financial. The Reserve Bank of India had approved the deal on June 4, 2025.
Vodafone Idea announced a strategic collaboration with AST SpaceMobile, a US-based satellite communications company. The goal is to offer direct-to-device satellite broadband across India, especially in remote and underserved areas.
This technology will allow users to access 4G and 5G services directly from satellites using regular smartphones, without needing routers or special hardware.
In a major push toward EV adoption, Hero MotoCorp is launching a Battery-as-a-Service (BaaS) model for its new Vida Vx2 electric scooter. This model enables customers to swap batteries instead of owning them, reducing the upfront cost of EV ownership and making it more affordable and accessible.
Zydus Lifesciences successfully completed a USFDA inspection at its oncology injectable manufacturing unit in Ahmedabad. The inspection concluded with two minor observations, neither of which relates to data integrity.
Tata Elxsi has signed a Memorandum of Understanding (MoU) with Infineon Technologies to co-develop automotive-grade EV systems. The focus will be on cost-effective, safety-compliant, and India-specific electric vehicle technology.
Aavas Financiers is raising ₹200 crore through non-convertible debentures (NCDs) with a 60-month tenure. The funds will be used to expand the company’s lending footprint, particularly in tier-2 and tier-3 cities.
Siemens Energy India has received regulatory approvals to list its shares on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The listing will take effect from June 19, 2025.
Also Read: Key Corporate Actions This Week: Bajaj Auto, Hindustan Zinc, Tata Power Trading Ex-Date (June 16–20)!
A wide array of strategic moves—from fintech consolidation and EV innovation to satellite connectivity and bad loan clean-ups—has put these companies in the spotlight today. As Indian markets adjust to new developments, these stocks are expected to attract attention from both retail and institutional investors.
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 securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 19, 2025, 9:05 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.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
