Mumbai, June 23: Investors on Tuesday will be tracking BEL stocks after it got orders of Rs 1,081 crore while Vodafone Idea stocks will be keenly watched after it got Rs 430 crore warrants via preferential allotment. Here’s what you should track.
Vodafone Idea (IDEA) — Promoter Group Entity to Get 430-Crore Warrants via Preferential Allotment
Vodafone Idea shares will be in focus on Tuesday after the company disclosed that its Capital Raising Committee has approved the preferential allotment of 430 crore warrants to Suryaja Investments Pte. Ltd., an entity of the Aditya Birla Group and part of the promoter group. The allotment marks a significant capital infusion from the promoter side at a time when Vi has been working to shore up its balance sheet and fund its 4G and 5G network rollout. Preferential warrants, once converted into equity shares, will increase the promoter group’s stake in the company, a move that could be read as a confidence signal by existing investors. Markets will watch closely for the terms of the warrant conversion, the timeline for conversion, and whether the fresh capital supports Vi’s ability to narrow the competitive gap with Jio and Airtel.
Bharat Electronics (BEL): Fresh Orders Worth ₹1,081 Crore Secured Since May 25
State-owned defence electronics major Bharat Electronics Limited has announced fresh order wins worth ₹1,081 crore since its previous disclosure on May 25, 2026, covering a wide range of defence and security products and services. The contracts encompass communication systems, radars, CBRN (chemical, biological, radiological, and nuclear) protection equipment, seekers, avionics, system upgrades, spare parts, and maintenance services — a spread that reflects BEL’s growing depth across multiple defence verticals. The order accretion continues to strengthen BEL’s already robust order book, which has been expanding steadily on the back of the government’s Aatmanirbhar Bharat push in defence procurement. Investors will track the cumulative order book figure and management commentary on execution timelines and margin outlook at the next available opportunity.
JSW Infrastructure (JSWINFRA): QIP Opens at Floor Price of ₹290.35 Per Share
JSW Infrastructure launched its Qualified Institutional Placement on June 22, setting a floor price of ₹290.35 per share for the fundraise. The QIP comprises a fresh issue of equity shares as well as an offer-for-sale component by the Sajjan Jindal Family Trust, giving the placement a dual character — new capital for the company alongside partial promoter stake monetisation. JSW Infrastructure, which operates ports, terminals, and related logistics infrastructure across India, has been investing heavily in capacity expansion and the QIP is expected to provide fresh firepower for growth capital requirements. Markets will watch the final issue price, the size of the fresh issue versus the OFS component, and institutional demand as indicators of confidence in the company’s near-term growth trajectory.
Hindustan Zinc (HINDZINC): MoU to Pioneer Hydrogen Fuel in Underground Mining
Hindustan Zinc has signed a Memorandum of Understanding with Advantek Associates LLP and Aero Eagle Automobiles to explore the adoption of green hydrogen and alternative clean energy solutions across its operations, positioning itself as a pioneer in the use of hydrogen fuel for underground mining applications in India. The MoU is part of the company’s broader sustainability agenda to decarbonise its mining operations, which are energy-intensive by nature and a significant source of emissions for the metals and mining sector. Underground mining presents one of the harder-to-abate challenges in the decarbonisation journey, making Hindustan Zinc’s hydrogen initiative noteworthy from both an environmental and operational efficiency standpoint. The stock will be watched for further disclosures on the scope, investment outlay, and timeline of the green hydrogen pilots.
Info Edge (NAUKRI): AI Startup Portfolio at ₹1,268 Crore, Generating 2.1x Return and 31% IRR
Info Edge disclosed that its artificial intelligence startup portfolio has grown to ₹1,268 crore in value from total investments of ₹614 crore across 28 companies, generating a 2.1x return multiple and an estimated gross internal rate of return of 31% — a strong showing that validates the company’s early and deliberate push into the AI venture space. The portfolio’s near-doubling in value underscores the rapid re-rating of AI-focused startups in India and globally, and Info Edge’s early mover positioning gives it a differentiated asset base beyond its core internet businesses such as Naukri, 99acres, Jeevansathi, and Shiksha. The 31% gross IRR, if sustained, is well ahead of typical venture capital benchmarks and positions Info Edge’s investment arm as a meaningful value creator for shareholders. Markets will closely watch for updates on potential IPOs or secondary exits from within the AI portfolio, which could crystallise significant gains for the company.
Source:
- BSE and NSE filing, company press releases.
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