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News18
27-06-2025
- Business
- News18
Stocks To Watch: Airtel, Suryoday SFB, PB Fintech, NTPC, UltraTech, HCL Tech, And Others
Last Updated: Stocks to watch: Shares of firms like Airtel, Suryoday SFB, PB Fintech, NTPC, UltraTech, HCL Tech, and others will be in focus on Friday's trade Stocks to Watch on June 27, 2025: Markets closed with strong gains on the June monthly expiry day. The Sensex jumped 1,000 points to end at 83,755.87, while the Nifty rose 304 points to close at 25,549. Both indices were up 1.21%. On June 27, several stocks are expected to be in focus owing to notable corporate developments and announcements. Bharti Airtel Bharti Airtel has received a notice from the Department of Telecommunications(DoT) imposing a penalty of Rs 6.48 lakh. The penalty pertains to violations of subscriber verification norms in the Assam telecom circle, the company disclosed on Thursday. PB Fintech The co-founders of PB Fintech, parent company of Policybazaar and Paisabazaar, Yashish Dahiya and Alok Bansal, have offloaded a combined stake of just over 1 per cent through open market transactions. The total value of the stake sale is Rs 920 crore. Alok Bansal, Executive Vice Chairman, sold 16.5 lakh shares for Rs 300.5 crore. Whereas, Yashish Dahiya, Chairman and Group CEO, divested 34 lakh shares valued at Rs 619.3 crore. Suryoday Small Finance Bank Suryoday SFB shareholders have approved the reappointment of Baskar Babu Ramachandran as Managing Director and Chief Executive Officer for a period of three years, starting January 23, 2025. NTPC announced that it will commence commercial operations of Unit-3 (660 MW) at its Barh Super Thermal Power Project in Bihar from July 1. This unit is part of Stage-I of the project, which has a total capacity of 3,300 MW. Other units under Stage-I and Stage-II are already operational. UltraTech Cement has commissioned a second grinding unit at its Maihar plant in Madhya Pradesh, adding 1.8 million tonnes per annum (mtpa) to its production. The first unit was operational from March 2025. With this, the company's domestic grey cement capacity has reached 186.86 mtpa, while total global capacity now stands at 192.26 mtpa. Hitachi Energy India Hitachi Energy has secured an order from Power Grid Corporation of India to supply 30 single-phase transformers rated at 765 kV and 500 MVA. These transformers will facilitate long-distance power transmission, aiding India's renewable energy and electrification expansion. HCL Technologies HCL Technologies has introduced new services in collaboration with Salesforce, focusing on the Salesforce Agentforce platform. The new solutions will cater to clients in sectors such as finance, retail, manufacturing, and healthcare by enhancing AI-powered workflows. Power Mech Projects Power Mech has bagged orders worth Rs 159 crore from the Bihar State Power Generation Company Ltd. The contracts are for setting up grid-connected solar plants under the PM-KUSUM Component C2 scheme, targeting rural electrification. IRFC Indian Railway Finance Corporation (IRFC) has announced a trading window closure from July 1, ahead of its Q1 FY26 results. The trading window will reopen 48 hours after the board meeting for financial approval. First Published: June 27, 2025, 08:14 IST
Time of India
27-06-2025
- Business
- Time of India
Stocks in news: Airtel, HCL Tech, PB Fintech, Hitachi Energy, Suryoday SFB
Markets witnessed a decisive session on the monthly expiry day, gaining over a percent. In today's trade, shares of Airtel , HCL Tech , PB Fintech , Hitachi Energy , Suryoday SFB among others will be in focus due to various news developments. Airtel The Department of Telecom has sent a notice to Bharti Airtel for imposing a penalty of Rs 6.48 lakh for violation of subscriber verification rules in Assam circle, the telco said on Thursday. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Top 25 Most Beautiful Women In The World Articles Vally Undo PB Fintech PB Fintech's co-founders Yashish Dahiya and Alok Bansal divested a little over 1 per cent stake in the company for Rs 920 crore through open market transactions. Suryoday SFB Suryoday SFB shareholders approve reappointment of Baskar Babu Ramachandran as MD & CEO for 3 years with effect from January 23. Live Events Hitachi Energy Hitachi Energy India said it has secured an order from Power Grid Corporation of India to supply 30 units of 765 kilovolt (kV), 500 megavolt-ampere (MVA) single-phase transformers. HCL Tech HCL Tech expanded partnership with salesforce to accelerate enterprise adoption of Agentic AI with new services.
Economic Times
26-06-2025
- Business
- Economic Times
PB Fintech block deal may stir short-term volatility, long-term story intact: Hemang Jani
"Talking specifically about PB Fintech, the stock has gone through a large correction over the last, let us say, about six-eight months or so, but as a concept we do like platform companies," says Hemang Jani, Independent Market Expert. ADVERTISEMENT Firstly, wanted to touch upon PB Fintech, that is one of the stocks that going to be in focus today. As per sources the block deal will be there wherein Yashish Dahiya likely to sell around 5 million shares at a price of Rs 1800. If you can give us some sense that how do you see this particular deal to happen, coming at this time wherein recently such deals were not taken that positively by the markets, case in point being Dixon Tech? Hemang Jani: Yes, clearly, when the market sentiment is so good and when the indices are at all-time high or somewhere there actually, obviously there is going to be a temptation on the part of the promoters and some of the private equity investors to take out some profits off the table. And I do not see necessarily that as a bad thing, only thing is that the short run if the fund raise quantum is on a larger size, it could put some pressure on the liquidity, but not a bad thing per se in the current scenario. Talking specifically about PB Fintech, the stock has gone through a large correction over the last, let us say, about six-eight months or so, but as a concept we do like platform companies. We do think that going ahead something like PB Fintech or some of the other platform companies are better placed in the current scenario. So, not a short-term view there, but from 12 months or beyond I definitely think that PB Fintech will be one stock that one could definitely have because of the niche offering that they have in insurance and other related products. Yesterday on the show we were having a very interesting conversation where Nikunj was pointing out how the cement space has underperformed what Nifty has done in the last 10 years. If you take a look at it from a broader perspective, do you believe that cement has what it takes to outperform the Nifty going ahead? Hemang Jani: Cement is extremely well placed because of the underperformance that it had over the last two-three years. Most importantly, if you see at the industry level, there is a massive consolidation and there are two major players who have emerged. If you look at the numbers, I think operating profit per tonne across majority of the companies is looking quite strong and the fact that a crude price has actually come off to whatever they are at right now, surely will have some sort of a positive rub off. The only thing is that typically in the monsoon period there is a little bit of low activity, so this quarter per se in terms of volume growth may not be great, but from a 6 to 12 months perspective names like UltraTech, some of the southern companies because remember in south India the overall demand-supply situation is better and the pricing environment is much better, so something like Cement, Sagar Cement these are the better ones compared to some of the north or northwest based companies. ADVERTISEMENT So, defence stocks may be expensive, but looking at how the lay of the land and global war diplomacy and supremacy is changing, defence has a long way to go. Hemang Jani: I think the way the geopolitics has played out in the last, let us say, one year or so, there is going to be a massive budget that will be thrown at defence be it Eurozone, US of course, Middle East, India, China. So, definitely this theme is going to be very big and remember that while we are all talking about increased budget and all that, the Indian defence budget and the size of the Indian companies is not even $2 or $3 billion. I was looking at the data and some of the companies in Europe or US in terms in terms of their top line is about $40, $50, $60, billion. Theme is playing out very well both globally and in India. So, there are very few companies who have that kind of a product range to offer where there is a large part of which is going to be put out there. So, I definitely think that maybe Bharat Electronics, HAL, some of the private names in the defence are extremely well placed. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
26-06-2025
- Business
- Time of India
PB Fintech co-founders likely sell 5.50 lakh shares worth Rs 960 crore in block deal
PB Fintech , the parent company of Policy Bazaar , witnessed a block deal on Thursday, where the company's co-founders, Yashish Dahiya and Alok Bansal , likely sold 5.50 lakh shares, or 1.1% of the company's equity. The deal is valued at approximately Rs 960 crore. According to CNBC TV-18, the transaction is believed to have taken place at a price of Rs 1,821.50 per share. However, the official details of the transaction have not been confirmed. Following the development, shares of PB Fintech slipped 1.1% to hit an intraday low of Rs 1,819.80 on the BSE. PB Fintech share price history Over the past one year, the stock of PB Fintech has surged 38.62%. On a year-to-date (YTD) basis, it has declined by 13.16%, while in the last six months, it is down 10.72%. However, in the past three months, the stock has gained 14.30%, and over the last one month, it has risen by 3.40%. On Wednesday, PB Fintech shares closed 1.4% lower at Rs 1,839.75 on the BSE. Also read: SBI appoints 6 banks for Rs 25,000 crore QIP, first share sale in eight years PB Fintech Q4 results PB Fintech reported a sharp 185% year-on-year (YoY) jump in its consolidated net profit for the quarter ended March 2025 (Q4FY25). It rose to Rs 171 crore in Q4FY25 from Rs 60 crore in Q4FY24. Revenue from operations for the March quarter stood at Rs 1,508 crore, up 38% from Rs 1,090 crore in the same quarter of the previous financial year. On a full-year basis, PB Fintech's PAT surged 448% to Rs 353 crore in FY25 from Rs 64 crore in FY24, with profit margins expanding from 2% to 7%. The company's closing cash balance at the end of the quarter stood at Rs 5,406 crore. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Economic Times
26-06-2025
- Business
- Economic Times
PB Fintech shares in focus as co-founders likely to sell 5.05 million shares via block deal
PB Fintech's co-founders, Yashish Dahiya and Alok Bansal, are expected to sell 1.1% of the company's equity through a block deal valued at approximately $106 million. The transaction has a base price of Rs 1,800 per share, a discount of up to 2.2% compared to the current market price. Tired of too many ads? Remove Ads PB Fintech share price history Tired of too many ads? Remove Ads PB Fintech Q4 results The shares of PB Fintech , the parent company of Policy Bazaar, are likely to remain in focus on Thursday, June 26, as the company's co-founders, Yashish Dahiya and Alok Bansal , are likely to sell 5.05 million shares, or 1.1% of the company's equity, through a block deal , as reported by CNBC deal is valued at approximately $106 to the CNBC TV-18 reports, the transaction has a base price of Rs 1,800 per share, reflecting a discount of up to 2.2% compared to the current market price. The deal also includes a 90-day lock-in period for the the past one year, the stock of PB Fintech has surged 38.62%. On a year-to-date (YTD) basis, it has declined by 13.16%, while in the last six months, it is down 10.72%. However, in the past three months, the stock has gained 14.30%, and over the last one month, it has risen by 3.40%.On Wednesday, PB Fintech shares closed 1.4% lower at Rs 1,839.75 on the Fintech reported a sharp 185% year-on-year (YoY) jump in its consolidated net profit for the quarter ended March 2025 (Q4FY25). It rose to Rs 171 crore in Q4FY25 from Rs 60 crore in from operations for the March quarter stood at Rs 1,508 crore, up 38% from Rs 1,090 crore in the same quarter of the previous financial a full-year basis, PB Fintech's PAT surged 448% to Rs 353 crore in FY25 from Rs 64 crore in FY24, with profit margins expanding from 2% to 7%. The company's closing cash balance at the end of the quarter stood at Rs 5,406 crore.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
