Stocks to Watch: SBI, HZL, Mphasis & More | Stock Market Updates
Stay informed on the latest stock market movements! Monday saw Indian benchmarks rebound, and Tuesday promises a flurry of activity. Hindustan Zinc (HZL) shares will trade ex-dividend, while a significant block deal involving Vishal Mega Mart is anticipated. Tanla Platforms approved a lucrative buyback,and Mastek secured a deal with the U.K.’s NHS. SBI plans to raise funds, and TCS is making moves with the Council of Europe Development Bank. These updates and more shape the dynamic market. News directory 3 keeps you ahead. Track SBI, HZL, Mphasis, and other key players. Discover what’s next …
Stocks to Watch: Hindustan zinc, Vishal Mega Mart, Tanla Platforms Lead News
Updated June 16, 2025
Indian stock market benchmarks rebounded Monday, fueled by financial, IT, and energy sector gains after two consecutive losing sessions. The Sensex climbed 677.6 points, a 0.8% increase, closing at 81,796.2. The Nifty50 rose 227.9 points, or 0.9%, to settle at 24,946.5. Several stocks are expected to be in the spotlight Tuesday.
Hindustan Zinc Ltd (HZL) shares will trade ex-dividend Tuesday.In other stock market news, a notable block deal is anticipated in Vishal Mega Mart. SAMAYAT is reportedly planning to offload 459.7 million equity shares at a floor price of 110 rupees each, perhaps totaling 5,000 crore rupees. this floor price represents a 12% discount from the current market price, making it a key stock market news item.
Tanla Platforms’ board approved a buyback proposal at 875 rupees per share, a 34% premium over the current market price. mastek has secured a one-year deal with the united Kingdom’s National health Service (NHS). Mphasis has entered into a strategic agreement with Sixfold. Biocon has launched a qualified institutional placement (QIP) of shares at 340.2 rupees apiece.
The State Bank of India (SBI) board has approved a proposal to raise funds in fiscal year 2026. Macrotech Developers Ltd. has received government approval to change its name to Lodha Developers Ltd. Tata Consultancy Services (TCS) has signed an agreement with the Council of Europe Development Bank to transform reconciliation processes. TCS will implement its TCS BaNCS system for the bank.
HCLTech has secured a multi-year contract with European energy company E.ON. Patanjali Foods is revising its Articles of Association (AoA) and Memorandum of Agreement (MoA) for its electricity generation business. These corporate actions highlight key trends in the stock market today.
What’s next
Investors will be closely watching how these developments impact trading activity in the coming days, especially the Vishal Mega Mart block deal and the Tanla Platforms buyback. The performance of these key stocks will likely influence overall market sentiment.