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Stocks to Watch: Bajaj Finserv, IndusInd Bank, Zinka Logistics, Praj Industries and more

Published on 05/06/2025 08:31 PM

Stocks to watch, Bajaj Finserv, IndusInd Bank, Imagicaaworld Entertainment, Zinka Logistics, Praj Industries, JSW Energy and more, these are the stocks to watch for tomorrow.Bajaj Finserv | Promoter entities Bajaj Holdings & Investment Ltd and Jamnalal Sons launched a ₹5,828-crore block deal in Bajaj Finserv Ltd, offloading up to 1.94% of the company’s equity, sources privy to the developments told CNBC-TV18. The deal is being executed at a floor price of ₹1,880 per share, which represents a 3.3% discount to Bajaj Finserv’s last closing price. The base size of the offer is ₹4,750 crore, with an additional greenshoe option of ₹1,078 crore, the sources added.IndusInd Bank | Highly placed sources, aware of initial talks between the promoters of the bank and the banking regulator, said a few prerequisites have been communicated to the Hindujas by the Reserve Bank of India for the former to infuse capital in IndusInd Bank. Among others, the two critical conditions are revocation of pledge created by the promoters of IndusInd Bank on their shareholding and the mandate to appoint at least one member as promoter's representative on the bank’s board of directors.Imagicaaworld Entertainment | Mumbai-based theme park and entertainment company said it has signed a ₹275-crore loan agreement with HDFC Bank to finance the acquisition of two major amusement and water park assets — Wet’n Joy at Lonavala and Wet’n Joy & Saiteerth Devotional Theme Park at Shirdi. The facility agreement, executed on Thursday, June 5, will support the purchase consideration under the business transfer agreement signed with Giriraj Enterprises.Praj Industries | Industrial biotechnology company, said it has secured an international assignment from Enersur SA, one of Paraguay’s leading renewable energy companies, to support the development of a fully-integrated biorefinery project in the South American nation. Under the partnership, Praj will assist in the development, evaluation, and phased execution of a comprehensive biorefinery.JSW Energy | The company has successfully commissioned 281 MW of organic renewable energy capacity, comprising 215 MW of solar and 66 MW of wind power. This takes the company’s total installed capacity to 12,499 MW, of which 55% is now from renewable sources. The newly added capacity is expected to contribute significantly during the ongoing peak wind season, boosting the company’s overall renewable output.Zinka Logistics | Accel India IV (Mauritius) has pared its stake in Bengaluru-based logistics tech company by 1.32% through an open market transaction conducted on June 3. Following the sale, the fund’s shareholding in the company has come down to 9.40%.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.