Stocks to Watch on June 24, 2025: Tata Motors, Larsen & Toubro, Cochin Shipyard and More in Focus

India’s benchmark indices closed in the red on June 23. The BSE Sensex dropped 511.38 points to end at 81,896.79, while the Nifty 50 lost 140.50 points to settle at 24,971.90, down 0.62% and 0.56% respectively.

However, Gift Nifty futures rose 0.68% to 25,221 in early trade on June 24, buoyed by a geopolitical breakthrough after US President Donald Trump announced a "complete and total" ceasefire between Israel and Iran, ending a near two-week-long conflict in West Asia.

Let’s take a look at the stocks that could influence market movement on June 24, 2025:

Tata Motors

Tata Motors, India’s largest EV manufacturer announced the introductory prices of its all-electric SUV, the Harrier.ev. The pricing applies to the rear-wheel drive (RWD) variants, while the dual-motor quad-wheel drive (QWD) variant prices will be revealed on June 27. Bookings for the SUV open on July 2, 2025. The launch strengthens Tata’s leadership in India’s electric passenger vehicle market.

Sona BLW

Sona BLW Precision Forgings appointed Jeffrey Mark Overly as the new Chairperson of its Board. Overly, an Independent Director since February 2021, begins his second five-year term pending shareholder approval. Additionally, Priya Sachdev Kapur has joined the board as an Additional Non-Executive Director. The appointments signal continuity in leadership and strategic alignment.

Devyani International

Devyani International, the quick-service restaurant operator will raise its equity stake in Sky Gate Hospitality Private Limited from 80.72% to approximately 86.13% through a fresh investment of up to ₹106.25 crore. The acquisition, to be completed by July 31, 2025, will be executed through a combination of share purchases and subscriptions in one or more tranches.

HG Infra Engineering

HG Infra was declared the lowest bidder by the Military Engineer Services (MES) for a ₹117.77 crore infrastructure contract at the Naval Dockyard in Mumbai. The 30-month project involves creating an Integrated Material Handling Facility, marking the firm’s continued traction in defence-related civil works.

Larsen & Toubro (L&T)

L&T announced the listing of India’s first ESG bonds on the NSE. The ₹500 crore was raised via non-convertible debentures (NCDs) with a 6.35% coupon and a three-year maturity. HSBC acted as the sole lead arranger. These bonds are the first under SEBI’s new ESG and sustainability-linked bond framework introduced earlier this month.

ITI Ltd

State-owned telecom equipment maker ITI Ltd received the final ₹25 crore installment from the Centre for Development of Telematics (C-DOT), concluding a ₹200 crore land sale related to its 22.26-acre Bengaluru property. The settlement resolves a long-standing dispute under the Alternate Mechanism for Resolution of Commercial Disputes (AMRCD) between the two PSUs.

Cochin Shipyard

Cochin Shipyard’s subsidiary, Hooghly Cochin Shipyard Ltd, won a contract from Heritage River Journeys Private Ltd (operator of Antara River Cruises) to build two luxury river cruise vessels. The deal, valued between ₹100 crore and ₹250 crore, aims to boost tourism infrastructure on the Brahmaputra River, aligning with India’s push toward premium inland waterways.

Read More: Bonus, Stock Split and Dividend This Week June 23-27: HUL, Samvardhana Motherson, Bajaj Holdings and More.

Conclusion

With geopolitical risks easing and strategic business moves unfolding across auto, infrastructure, defence, and logistics, investors should monitor sectoral trends and new project announcements. ESG adoption, electric mobility, and premium tourism continue to shape mid-term investment narratives.

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.