5 hours ago
Stocks to watch, Tata Motors, Sona BLW, Devyani , HG Infra Engineering, Larsen & Toubro, Garware Technical Fibres, Allcargo Logistics and more, these are the stocks to watch for tomorrow.
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Tata Motors | India’s largest manufacturer of electric four-wheelers announced the introductory prices of its all-electric SUV, the Harrier.ev. Bookings for the vehicle will begin on July 2, 2025. The prices revealed apply to the rear-wheel drive (RWD) variants, while the pricing for the dual-motor quad-wheel drive (QWD) versions will be announced on June 27.
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Sona BLW | The company announced the appointment of Jeffrey Mark Overly as the new Chairperson of its Board of Directors, and Priya Sachdev Kapur as an Additional Non-Executive Director. Overly, who has served as an Independent Director on the board since February 2021, was reappointed for a second term of five consecutive years at the board meeting held on April 30, 2025. His term will run till February 11, 2031, subject to shareholder approval at the upcoming Annual General Meeting. The board has now appointed him as Chairperson.
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Devyani | Quick service restaurant operator, said it will increase its equity stake in Sky Gate Hospitality Private Limited from 80.72% to approximately 86.13% through a fresh round of investments worth up to ₹106.25 crore. The company said it has executed a Share Subscription Agreement and Shareholders Agreement with Sky Gate and its founders, as well as a Share Purchase Agreement to acquire additional shares from the promoters. The acquisition, to be completed on or before July 31, 2025, will be done through cash consideration and in one or more tranches.
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HG Infra Engineering | The company announced that it has been declared the lowest bidder by the Military Engineer Services (MES) for an infrastructure project at the Naval Dockyard in Mumbai, Maharashtra. The project involves the creation of an Integrated Material Handling Facility and carries an estimated value of ₹117.77 crore. The work is to be executed over a period of 30 months.
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Larsen & Toubro | The company announced the successful listing of India’s first ESG (Environmental, Social and Governance) bonds on the Stock Exchange, raising ₹500 crore through non-convertible debentures (NCDs). The NCDs carry a coupon rate of 6.35% and will mature over a period of three years, with annual interest payments. HSBC served as the sole lead arranger for the transaction. The bonds were issued under the Securities and Exchange Board of India’s (SEBI) newly introduced ESG and sustainability-linked bond framework, launched on June 5, 2025.
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Garware Technical Fibres | Technical textiles manufacturer announced the acquisition of Norwegian cordage firm Offshore & Trawl Supply AS (OTS) through its wholly owned UK subsidiary, Garware Technical Fibres UK Private Ltd. Headquartered at Valderoey, near Alesund, Norway, OTS is a well-regarded European player known for its premium, value-added synthetic cordage offerings. Its product portfolio complements Garware Technical Fibres' existing capabilities, while opening up new geographies, customer segments, and applications for mutual growth.
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Allcargo Logistics | The firm reported mixed performance across key business segments for May 2025, with a slight uptick in Less-than-Container Load (LCL) volumes and stable Full Container Load (FCL) numbers. LCL volumes stood at 728,000 cubic metres, registering a 3% rise compared to April 2025, though showing a 4% decline versus May 2024. The company attributed the dip in annual numbers to ongoing geopolitical disruptions and trade tensions, though volumes increased month-on-month in key regions such as Latin America, Europe, Asia Pacific, and the Indian subcontinent.
