Published on 30/06/2025 09:02 PM
Stocks to watch, CG Power, JK Cement, Reliance Infrastructure, Bank of India, YES Bank, Astec LifeSciences, HCLTech, NCC, Torrent Pharma and more, these are the stocks to watch for tomorrow.CG Power | The company is looking to raise funds of around ₹3,000 crore via a qualified institutional placement (QIP) that is likely to be launched soon, sources familiar with the matter told CNBC-TV18 on Monday, June 30. The company has reportedly roped in Dam Capital, HSBC and IIFL bankers to advise on the transaction. Details on the amount of equity the company is planning to dilute or the proposed buyers are not immediately available.JK Cement | The company has declared a final dividend of ₹15 per equity share for the financial year 2024-25, the company said in a regulatory filing on Monday (June 30). The dividend, which amounts to 150% on the face value of ₹10 per share, was approved by the company’s board of directors at its meeting held on May 24, 2025. The company has now informed the exchanges about the record date.Reliance Infrastructure | Reliance Defence announced a strategic partnership with US-based Coastal Mechanics to tap into India's expanding defence maintenance, repair & overhaul (MRO) and upgrade market, valued at around ₹20,000 crore. The collaboration will focus on delivering end-to-end MRO, upgrade and lifecycle support services for a range of Indian defence platforms, the company said in a statement on Monday, June 30.Bank of India | The bank announced a downward revision in its Marginal Cost of Funds-based Lending Rate (MCLR) across all tenors by 5 basis points, effective July 1, 2025, even as its Repo-Based Lending Rate (RBLR) remains unchanged. The state-owned lender also revised the Fixed Rate Spread (FRS) for retail loans, which now stands at 1.50%. Accordingly, the interest rate for fixed-rate retail loans, benchmarked to the 3-year MCLR, is set at 10.65%, effective July 1, 2025.YES Bank | Private sector lender announced a change in its board of directors following the resignation of Shweta Jalan, Non-Executive Director and nominee of Verventa Holdings Ltd. Her resignation, submitted via a letter dated June 26, 2025, was formally taken on record by the board at its meeting held on June 27. With this, she also steps down from her roles in the relevant board committees.Astec LifeSciences | The company announced a rights issue of equity shares worth ₹249.35 crore, following board approval. The issue comprises 28,01,673 fully paid-up equity shares at a price of ₹890 per share, including a premium of ₹880. The offer is made on a rights basis to existing shareholders in the ratio of 1:7.HCLTech | IT major, announced a multi-year strategic partnership with OpenAI, the US-based artificial intelligence research and deployment company, to drive large-scale generative AI (GenAI) adoption across global enterprises. The collaboration aims to support enterprise clients in scaling GenAI solutions for business transformation, the company said in a regulatory filing to Indian stock exchanges.NCC | Infrastructure company announced the receipt of new orders worth ₹1,690.51 crore (excluding GST) in June 2025. These orders went to the company’s building division and were awarded by various state government agencies and a private limited company. The company clarified that all orders are external and do not include any internal work allocations.Torrent Pharma | The company said it expects to complete its ₹19,500-crore acquisition of JB Chemicals and Pharmaceuticals over the next 15 to 18 months, marking the second-largest deal in Indian pharma history. As part of the multi-stage transaction, Torrent will initially acquire a 46.39% stake from JB Chemicals' promoter, Tau Investment Holdings Pte Ltd, a global investment firm, for approximately ₹11,917 crore.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.