MARKETS

Stocks in Focus: Reliance Infra, Kaynes Tech, and Others

Stocks in Focus: Lloyds Engineering, SEAMEC, RailTel, and Others - EP
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The GIFT Nifty futures, which is an early indicator of the Nifty50 index stocks, was trading higher by 34 points at 25,178.50 indicating that the domestic benchmark indices are likely to make a positive start on Wednesday.

Earlier on Tuesday, 10 June, Domestic benchmark indices S&P BSE Sensex slumped by 54 points or 0.06% and settled at 82,391 while the Nifty50 traded flat, closing at 25,104.Β 

Here are some stocks that are likely to remain in focus on 11 June.

Reliance Infrastructure: Reliance Defence, a company promoted by Reliance Infrastructure, has signed a strategic cooperation agreement with Germany’s Diehl Defence. The agreement will facilitate the domestic production of advanced precision-guided ammunition systems, including the Vulcano 155 mm Terminally Guided Munition (TGM), for the Indian armed forces.

Kaynes Technologies: Kaynes Technology India announced that its wholly-owned subsidiary, Kaynes Semicon Pvt Ltd, signed an asset purchase agreement with Japan’s Fujitsu General Electronics Limited on 9 June 2025. The deal involves acquiring production lines for power modules and other identified assets for Β₯1.59 billion.

Wipro: Wipro has extended its partnership with international food wholesaler Metro AG (Metro) for another two years. Under the renewed agreement, Wipro will continue delivering integrated digital services, including cloud, data, application development, and AI-enabled IT support.

Bharti Airtel: The Department of Telecommunications (DoT) has imposed a Rs 1,01,000 penalty on Bharti Airtel for failing to properly verify subscribers. Airtel stated in an exchange filing that the penalty relates to violations of DoT’s subscriber verification norms, which mandate telecom operators to thoroughly verify customers before activation and comply with regulatory guidelines.

Talbros Automotive Components: The company and its joint ventures secured orders worth β‚Ή580 crore from leading OEMs for both domestic and export markets. The company will execute these orders, including spanning gaskets, heat shields, forging components, chassis, and hoses over the next five years.

Sonata Software: The company has announced entering into a strategic three-year partnership with the Indian Institute of Science’s Foundation for Science Innovation and Development (FSID). Through this collaboration, both parties aim to build an ecosystem that leverages artificial intelligence (AI) and emerging technologies, supported by cutting-edge research in computer science, to transform future enterprises.

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