Home Financial Assets Stocks to watch, June 19: IT stocks, RIL, Amber, Wipro, HDFC Bank, Brigade, Bharat Forge, Diamond Power
Financial Assets

Stocks to watch, June 19: IT stocks, RIL, Amber, Wipro, HDFC Bank, Brigade, Bharat Forge, Diamond Power

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The domestic equity market is expected to open gap-down on Friday, June 19. The GIFT NIFTY futures suggest that the NIFTY50 index will open 194 points lower.

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Here is a list of stocks that may remain in focus today.

IT stocks: IT stocks, including Infosys, Wipro, and HCLTech, are likely to be in focus after global IT consulting major Accenture lowered its revenue growth forecast and projected quarterly sales below Wall Street estimates.

Accenture said the ongoing conflict in Iran weighed on its consulting business in the Middle East, resulting in a $400 million hit to its regional operations during the third quarter. The company also warned of further impact in the fourth quarter, highlighting the broader disruption the conflict has caused for businesses globally.

The Dublin-headquartered firm now expects annual revenue growth of 3% to 4%, compared with its earlier forecast of 3% to 5%. Following the announcement, Accenture shares tumbled more than 17%, triggering a sell-off across the IT sector.

Indian IT ADRs such as Infosys and Wipro also tumbled.

Reliance Industries (RIL): RIL shares will be in focus as the company is set to hold its 49th annual general meeting (AGM) on Friday, June 19, 2026. As per the NSE filings, Reliance is set to start its AGM at 2:00 pm (IST) through video conference and other audiovisual means, marking an event which is closely tracked by global market investors. READ MORE

Amber Enterprises: Shares of Amber Enterprises will be in the spotlight on Friday, June 19, as the company, on Thursday, post-market hours, announced that it has entered into a manufacturing collaboration with Oppo Mobiles India Private Limited (Oppo India).

OPPO India is a licensed manufacturer of mobile phones for the brands of OPPO, OnePlus, and Realme (the Brands) in India.

Under this collaboration, Amber Group will manufacture mobile phones for the brands, combining the brands’ global product expertise with the Indian partner’s manufacturing scale, operational capabilities, capability to enhance local value addition, and local supply chain strengths, the press release said.

Wipro: IT services major Wipro on Thursday said it will acquire an additional 20% stake in Aggne Global IT Services Private Limited for $2.1 million (about ₹19.8 crore).

Following the latest transaction, Wipro’s overall shareholding in Aggne Global IT will increase to 80%, the company said in a regulatory filing.

The cash transaction is expected to be completed by June 30, 2026. This follows the company’s announcement earlier this month regarding the acquisition of 20% additional stake in the US-based affiliate, Aggne Global Inc, for $28.5 million.

HDFC Bank: HDFC Bank on Thursday said the Reserve Bank of India (RBI) has approved the extension of Keki Mistry’s tenure as interim chairman for three months till September 18.

Mistry, a veteran of the HDFC Bank Group, was appointed as the interim chairman on March 18, following the resignation of the bank’s non-executive chairman, Atanu Chakraborty. Chakraborty had resigned from the bank, raising concerns over its functioning, and said that certain practices within the bank over the last two years are not in “congruence” with his “personal values and ethics”.

In a regulatory filing on June 18, HDFC Bank said it had made an application to the RBI seeking extension of Mistry’s tenure.

“… the RBI, vide its communication dated June 18, 2026, has granted approval for the extension of tenure of Keki Mistry as an interim Part-time Chairman of the Bank for a further period of 3 (three) months until September 18, 2026 or till appointment of a regular Part-time Chairman, whichever is earlier,” HDFC Bank said in a regulatory filing.

Besides, the board of directors approved the schedule for its 32nd annual general meeting (AGM), along with determining the payment date for its final dividend for the 2025-26 financial year (FY26). READ MORE

Brigade Enterprises: In its press release on Thursday, the company said that the revocation of the Environmental Clearance (EC) for its residential project ‘Brigade Morgan Heights’ in Perumbakkam Village, Chennai, by the State Level Environment Impact Assessment Authority (SEIAA) is legally unsustainable, factually incorrect, and arbitrary in nature, and Brigade Group strongly objects to the same.

“We reiterate that the project site is private patta lands, classified as dry lands (“punjai”) in revenue records dating back to 1935, and has been in the continuous possession of the current landowners since 1985. Brigade entered into a Joint Development Agreement (JDA) with the Landowner for the land in 2022. Brigade also issued public notices at the time of entering into the JDA and also at the time of securing the EC in leading newspapers, and no objections were received whatsoever,” the press release added.

Bharat Forge: Kalyani Strategic Systems Limited (KSSL), the wholly owned defence subsidiary of Bharat Forge Limited, signed a strategic partnership with AM General, a leading military vehicle and mobile defence capabilities provider at Eurosatory defense exposition.

“This strategic partnership between AM General and KSSL addresses the requirement of modern armies of the world in an evolving combat scenario, equipping them with compact, robust, lightweight, ruggedized, mobile, all-weather, all-terrain Next-Gen Mounted Artillery gun platforms, with a distinct competitive edge,” the company said.

Endurance Technologies: Endurance Technologies shares will be in focus after the company announced plans to expand its battery pack manufacturing capacity with an investment of around ₹62 crore.

The capacity addition, expected to be completed in the third quarter of the current financial year, will enable the company to manufacture battery packs for four-wheelers, expanding beyond its recently launched two-wheeler battery pack business.

Diamond Power Infra: The company’s board has approved raising funds by way of issuance of equity shares through Qualified Institutions Placement/through permissible mode for an amount not exceeding ₹2000 crore, representing an enhancement of the earlier approved limit from ₹1000 crore to ₹2000, subject to the approval of shareholders and statutory approvals.

Trualt Bioenergy: TruAlt Bioenergy Limited, an ethanol producer and a leading integrated biofuels company, on Thursday announced that it has received approval for financial assistance of ₹150 crore under the Government of India’s PM JI-VAN Yojana (Jaiv Indhan–Vatavaran Anukool Fasal Awashesh Nivaran) Yojana for its proposed commercial-scale Sustainable Aviation Fuel (SAF) project.

With inputs from PTI

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial adviser before making any investment decisions.



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