The GIFT Nifty futures, which is an early indicator of the Nifty50 index stocks, was trading lower by 20 points at 25,191 indicating that the domestic benchmark indices are likely to make a negative start on Thursday.

Earlier on Wednesday, 11 June, Domestic benchmark indices S&P BSE Sensex gained by 123 points or 0.15% and settled at 82,515 while the Nifty50 traded 0.15% higher or 37 points, closing at 25,141. 

Here are some stocks that are likely to remain in focus on 12 June.

Sterlite Technologies: Sterlite Technologies, through its Global Services Business in partnership with Dilip Buildcon, signed an agreement with BSNL for a Rs 2,631.14 crore telecom project. The consortium will handle the design, supply, construction, installation, upgradation, and maintenance of the middle-mile network under BharatNet for Jammu & Kashmir and Ladakh (Package 13).

Hindustan Copper: Hindustan Copper unveiled a Rs 2,000 crore capital expenditure plan for the next 5–6 years, aiming to expand its mining capacity from 4.35 MTPA to 12.20 MTPA by FY31. The company also boosted its exploration budget, adding 123 million tonnes of copper ore reserves and resources over the past two years, and plans further acquisitions through upcoming mineral auctions both in India and abroad.

Gensol Engineering: The Ahmedabad bench of the National Company Law Tribunal (NCLT) on Wednesday reserved its verdict on two petitions filed by the Indian Renewable Energy Development Agency (IREDA) against Gensol Engineering (GEL) and its subsidiary, Gensol EV Lease (GEVL).

HG Infra Engineering: HG Infra Engineering emerged as the lowest bidder for the role of Transmission Service Provider to set up an inter-state transmission system under the Eastern Region Generation Scheme – I (ERGS-I) in Odisha. PFC Consulting, a subsidiary of Power Finance Corporation, floated the bid with annual transmission charges set at Rs 43.11 crore.

Zydus Lifesciences: The company received the Establishment Inspection Report (EIR) from the US FDA following an inspection of its API manufacturing facility in Ankleshwar, conducted between March 10 and 14. The US health regulator classified the inspection as No Action Indicated (NAI) and marked it as “closed.”

Nazara Technologies: Axana Estates LLP, Plutus Wealth Management LLP, and Junomoneta Finsol launched an open offer to acquire up to 2.4 crore equity shares, representing a 26% stake in Nazara Technologies at an offer price of Rs 990 per share.

Cyient: Cyient Foundation, the CSR arm of Cyient, signed an MoU with the All India Council for Technical Education (AICTE) to establish an innovation cluster in Visakhapatnam, Andhra Pradesh. The pilot program will work to transform local higher education institutions into dynamic innovation hubs by fostering collaboration among academia, industry, startups, and investors.

Maruti Suzuki: The company has secured approval from the National Company Law Tribunal (NCLT), New Delhi, for its first motion application of the scheme of amalgamation, which is for merging Suzuki Motor Gujarat, a wholly-owned subsidiary, into and with Maruti Suzuki India.

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