Stocks to watch: HDFC Bank, BEL, L&T, MCX, Bharti Airtel among shares in focus today
HDFC Bank plans to take legal action following accusations from the Lilavati Kirtilal Mehta Medical (LKMM) Trust, which has urged financial regulators to suspend and prosecute the bank's Managing Director and CEO, Sashidhar Jagdishan.
According to reports, Suzlon Energy's promoters, the Tanti Family and Trust, are expected to sell 20 crore shares through a block deal on Monday.
Adani Group's Ambuja Cements, India's second-largest cement manufacturer, supplies close to 30% of the cement used in the country's residential and infrastructure projects, according to its latest annual report.
Tata Steel, a homegrown company, plans to begin construction of its low-carbon, electric arc furnace (EAF)-based steel production facility in the UK starting July 2025, with operations expected to launch by 2027.
Infrastructure giant L&T has unveiled a ₹ 500 crore ESG bond offering, marking the first Indian corporate to issue such bonds under SEBI's newly launched framework for ESG and sustainability-linked bonds.
Mahindra & Mahindra recorded a 17% year-on-year increase in total sales for May 2025, with volumes rising to 80,458 units from 69,011 units in the same month last year. Production also experienced a strong growth of 28%, reaching 89,626 units compared to 70,261 units in May 2024. However, exports fell by 27% year-on-year to 2,671 units, down from 3,652 units a year earlier.
Birla Opus Paints, a subsidiary of the Birla Group, has lodged a complaint with the Competition Commission of India (CCI), accusing Asian Paints, the market leader, of abusing its dominant position.
Tata Electronics and Navratna company BEL have entered into a Memorandum of Understanding (MoU) to jointly work on semiconductor and electronics solutions. This partnership aims to support India's self-reliance efforts in areas such as chip design, fabrication, OSAT (Outsourced Semiconductor Assembly and Test), and defence-grade electronic components.
MCX has obtained approval from the Securities and Exchange Board of India (SEBI) to introduce electricity derivatives.
Telecom operator Airtel has reached out to more than 40 banks, along with the RBI and NPCI, suggesting a close partnership and a unified effort to combat digital fraud, including the exchange of information on a repository of identified fraudulent financial domains.
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
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Time of India
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Economic Times
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Mint
38 minutes ago
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Cost of veg and non-veg thalis down? Crisil report finds 6% YoY decline in May due to drop in vegetable, chicken prices
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