Stocks to Watch Today: TVS Motor, HCLTech, Tata Steel, Trent, Ixigo and More in Focus

Shares of CMR Green Technologies will also be in focus as the company is scheduled to debut on the bourses today.

Shares of companies such as TVS Motor Company Ltd., HCL Technologies Ltd., Tata Steel Ltd., and IDFC First Bank Ltd. are likely to be in focus on Monday, as a host of important corporate announcements were made post-market hours on Friday.

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Here are some of the key developments to watch for investors:

Stocks In News

• TVS Motor: TVS Motor said its HLX motorcycle portfolio has crossed 5 million units sold globally.

• Nesco: The company has decided to hand back all four sites on the Raipur–Visakhapatnam Expressway, citing operational difficulties. The financial terms of the move have yet to be disclosed.

• Hardwyn India: The board has approved a bonus share issue in the ratio of 2:5 and has fixed June 26 as the record date for determining shareholder eligibility.

• Indraprastha Gas: GAIL has appointed Kumar Shanker as Managing Director, while Kamal Kishore Chatiwal has stepped down from the position.

• HCLTech: The technology services company has awarded $1 million through its Climate Action Grant programme to support scalable climate-focused solutions.

• Trent: Trent said it has allotted 17.8 crore equity shares under its 1:2 bonus issue.

• Ixigo: The online travel platform announced the acquisition of a 54.66% stake in Brevistay Hospitality for ₹65.7 crore.

• Adani Ports: A subsidiary of the company has incorporated a new entity named Harbour International Shipping FZCO.

• Tata Steel: A fire occurred at the Port Talbot plant of its UK business on June 3, the company said. There were no injuries, and the extent of the overall impact is being assessed.

• Lenskart Solutions: Viridian Asia acquired 18.9 lakh shares from Copthall Mauritius at a price of ₹508.55 per share.

• HG Infra Engineering: The company has transferred a 49% stake in its SPV, HG Raipur Visakhapatnam, to Neo Infra Income Opportunities Fund for ₹377 crore.

• IDFC First Bank: The bank has KPMG’s forensic audit report in the Chandigarh fraud case. It reiterated that it was the victim in the matter and stated that the ₹646 crore impact remains consistent with previous disclosures. The bank also confirmed that no similar incidents have been detected elsewhere.

IPO Listing

CMR Green Technologies

The company operates in the non-ferrous metal recycling segment and is engaged in the manufacturing of secondary aluminium and zinc die-casting alloys.

• Overall subscription: 127.04x
• QIB subscription: 270.46x
• NII subscription: 172.35x
• Retail subscription: 27.03x.

What Investors Should Keep an Eye On

With multiple corporate announcements, leadership changes, bonus issues, acquisitions, and an IPO listing scheduled for today, these stocks could see increased trading activity. Investors will be closely monitoring market reactions and management commentary for further cues.