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Stocks to watch, June 12: Oil-sensitives, Dabur, Happiest Minds, Sagility, Astral, GNG Electronics


The domestic stock market is expected to open in positive territory on Friday, June 12. The GIFT NIFTY futures suggest that the NIFTY50 index will open 251 points higher.

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

Oil-sensitives: Upstream oil companies Oil India and ONGC, and downstream firms such as Indian Oil Corporation (IOCL), BPCL, and HPCL, will be in the spotlight on Friday, June 12, as crude oil prices slipped after US President Donald Trump called off the strikes on Iran scheduled for last evening and said the US is going to soon sign a deal with the country.

When last seen, WTI Crude futures (July contracts) were trading over 1% lower at $86.75 per barrel, while Brent Crude futures (August contracts) were trading at $89.25 per barrel, down 1.25%.

Trump told reporters in the Oval Office that “we have a deal that Iran will never have a nuclear weapon.” He continued, “We have a signing soon, and the documents are in pretty final shape. It should be done, and it should be done pretty quickly.”

Paints, aviation, and tyre stocks will also be in focus.

Vedanta: Shares will be in focus as the company’s demerger process is entering its final phase, with four demerged businesses set to list on the stock exchanges on Monday, June 15. READ MORE

GNG Electronics: Goldman Sachs, MCP Emerging Markets, and other financial institutions on Thursday picked more than 44 lakh shares, representing nearly a 4% equity stake, of GNG Electronics, the parent company of Electronics Bazaar, for a total of ₹175 crore through open market transactions.

GNG Electronics promoter Vidhi S Khandelwal pared around 4% stake in the company on Thursday, according to an exchange filing.

Domestic institutional investors such as Mirae Asset Mutual Fund (MF), ITI MF, Edelweiss MF, Trust MF, and Motilal Oswal Equity Opportunities Fund Series II also bought shares of GNG Electronics.

These entities collectively purchased 44,87,203 shares representing a 3.94% stake in Mumbai-based GNG Electronics, according to the block deal data available on the National Stock Exchange (NSE).

The shares were picked up at an average price of ₹390 apiece, taking the combined transaction value to ₹175 crore.

Meanwhile, Vidhi S Khandelwal, one of the promoters of GNG Electronics, offloaded the same number of shares, as per the data.

Lenskart Solutions: Global financial institutions, including Goldman Sachs, Morgan Stanley, and Societe Generale, on Thursday collectively bought a 2.3% stake in eyewear firm Lenskart Solutions from Abu Dhabi Investment Authority for ₹1,960 crore through open market transactions.

Following the stake purchase, shares of Lenskart Solutions rose 0.37% to close at ₹502 apiece on the NSE.

Other foreign investors who participated in the transaction include Integrated Core Strategies (Asia) Pte Ltd, Ghisallo Capital Management, Citigroup Global Markets Mauritius, and Hong Kong-based investment manager Viridian Asset Management.

Ambuja Cements, other cement stocks: Adani Group firm Ambuja Cements expects demand growth to moderate to around 5% in the domestic market this fiscal from 6.5%-7.5% in FY26.

The Adani group firm, which has acquired several cement companies in the last few years, said capacity additions are being done in a phased manner to meet project pipelines and regional demand, ensuring timely offtake and efficient capital deployment.

“The company expects India’s cement industry demand to grow by around 5% in FY 2026-27, supported by sustained demand from the housing and infrastructure sectors, following a 6.5–7.5% increase in FY 2025-26,” said the second largest cement maker in its annual report.

However, Ambuja Cement Ltd (ACL) said industry demand is expected to continue benefiting from urban housing projects, rural development initiatives, and ongoing investments in roads, railways, and other infrastructure projects.

MTAR Technologies: The stock tumbled on Thursday amid news reports that its key US-based client, Bloom Energy, had a major data centre project delayed or put on hold. Investors panicked because Bloom Energy is MTAR’s largest customer, accounting for over 55% of the company’s total revenue.

However, according to reports, MTAR Tech, in an investor call, said it does not expect any impact on its due diligence (DD) process with Bloom Energy following recent developments involving the project.

The company said it has not received any communication from Bloom Energy regarding the matter. MTAR, the report says, further clarified that while Crusoe, the engineering, procurement, and construction (EPC) partner for the project, has stepped away, the project itself is expected to continue.

Dabur India: In its filing to stock exchanges, Dabur India said that the US FDA had inspected the company’s manufacturing plant situated at Silvassa, Dadra and Nagar Haveli, and had identified certain deficiencies on account of data integrity and maintenance lapses.

Upon conclusion of the inspection, the Company had received inspectional observations to which responses were suitably submitted to the US FDA.

Now, pursuant to observations noted by the authority, review of the company’s responses and Establishment Inspection Report (EIR), US FDA has issued an Import Alert (IA) 66-40 on June 10, 2026, for drugs manufactured by the company at the aforesaid plant.

Sagility: The tech & AI – led healthcare operations and transformation company, on Thursday, announced its acquisition of CareSeed, a US-based healthcare analytics company specialising in NCQAcertified HEDIS quality reporting, medical record review, chart abstraction, and regulatory analytics for health plans.

Founded in 2012 and headquartered in Kansas City, Missouri, CareSeed serves 30 small and mid-sized US payers, with a strong footprint in Medicare Advantage. The company’s cloud-native platforms, Forecast and Harvest, help health plans improve HEDIS performance, streamline chart abstraction, and medical
record review workflows, strengthen audit readiness, and manage increasingly complex regulatory requirements.

Hexaware Technologies: The company, which is a global provider of IT solutions and services, on Friday announced that on June 9, 2026, the United States District Court for the Northern District of Illinois dismissed all claims in the complaint filed by Natsoft Corporation and its affiliate, Updraft, LLC, against Hexaware Technologies Limited and its subsidiary, Hexaware Technologies Inc. (the “Company”).

The dismissal includes Natsoft’s patent infringement claims—spanning nine patents across two patent families.

“The Court’s decision turned on a deficiency in Natsoft’s patents. It found that the asserted patents claimed broad, abstract ideas rather than any specific, concrete invention, and were therefore ineligible for patent protection under US law,” the company said in its press release.

Astral: The company said that Astral Chemie Limited (formerly known as Astral Coatings Private Limited) (“ACL”) a wholly-owned subsidiary of Astral Limited, has entered into Definitive Agreements to acquire 60% partnership interest in Differentiated and Sustainable Solutions LLP (“DSS”) for an aggregate consideration of ₹39.11 crore.

“DSS has been a pioneer in the development, manufacturing, and marketing of high-end specialty products and advanced materials in the Indian chemical industry,” the company said.

Anupam Rasayan: Anupam Rasayan India, a customsynthesis and specialty chemicals company, announced on Thursday the commercialisation of ETFA (Ethyl trifluoroacetate) production through its proprietary process-by-design continuous flow chemistry platform.

ETFA is a critical fluorinated building block and reagent used in the synthesis of a wide range of organic fluorine compounds.

Affle: The company said that it has been granted a patent in India, which was earlier granted to the company in the US, strengthening the overall IP portfolio of the company.

The patent subject area is “System for Monitoring and Integration of One or More Intelligent Conversational Agents”. This patent creates a mediation/monitoring layer that evaluates and integrates multiple intelligent conversational agents / agentic platforms into a unified, trust-score-driven system.

Happiest Minds Technologies: The company has announced the launch of Rel(AI)Build, its proprietary Agentic AI development platform, along with the Agentic Development Lifecycle (ADLC) is a structured, governed methodology designed to integrate AI across the entire software development lifecycle.

NLC India: State-run NLC India Ltd on Thursday said that it has signed a pact with CSIR-Central Electrochemical Research Institute (CSIR-CECRI), Karaikudi, for collaboration in the field of critical and strategic minerals beneficiation and extraction technologies.

Under the memorandum of understanding (MoU), detailed studies will be undertaken on overburden materials and tailings generated from NLCIL’s Neyveli Mines to assess the potential for extraction and recovery of Rare Earth Elements (REEs) and other trace elements.

With inputs from PTI



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