Stocks to watch on June 25: Infosys, Union Bank, RITES, Aurobindo Pharma
Stock market investors are expected to keep a close watch on several key companies during Tuesday's trade, after a volatile session on Tuesday as it tracked the developments in the Middle East. The benchmark indices showed sharp ups and downs before closing with small gains.Here's a detailed look at the stocks that may move today based on company announcements and market updates.INFOSYSInfosys has announced a strategic partnership with Zoetis, the world's leading animal health company. The collaboration will help Zoetis improve its IT operations by using advanced artificial intelligence (AI) solutions and automation tools. The move is aimed at improving efficiency and supporting Zoetis' growth through better digital systems.UNION BANK OF INDIAThe government has cancelled the appointment of Pankaj Dwivedi as Executive Director of Union Bank. Dwivedi, who was earlier a general manager at Punjab & Sind Bank, was appointed in March 2023 for a three-year term. His removal may raise questions about management changes at the public sector bank.TIMEX GROUP INDIAPromoter Timex Group Luxury Watches BV, Netherlands, will sell up to 15% stake in Timex Group India through an Offer for Sale (OFS). The base offer is 7.5% or around 75.71 lakh shares. The OFS opens for non-retail investors on June 25 and for retail investors on June 26. The floor price has been set at Rs 175 per share.AUROBINDO PHARMAAurobindo Pharma's subsidiary CuraTeQ Biologics has received approval from the UK's drug regulator MHRA for its biosimilar medicine, Dyrupeg. This drug is used to treat cancer patients suffering from neutropenia, a condition that lowers white blood cell count. The product had earlier received authorisation in the European Union in April 2025.This is the third biosimilar from CuraTeQ to get approval from MHRA, after Bevqolva in December 2024 and Zefylti in May 2025.TATA MOTORSTata Motors said that its production process has not yet been impacted by China's restrictions on exports of rare-earth magnets. These magnets are important for electric vehicles. The company is actively looking at other options for sourcing and developing new technologies to reduce dependency on imports.RITESRITES has received a Letter of Intent worth Rs 28.5 crore from Gujarat Urban Development Company. The company will work as a third-party inspection agency for various water supply and sewage treatment projects in the state under Amrut 2.0 and other schemes.PTC INDUSTRIESPTC Industries' subsidiary, Aerolloy Technologies, has signed a Memorandum of Understanding (MoU) with Safran Aircraft Engines. The deal is for producing parts and materials used in military aircraft engines. This move is likely to boost defence manufacturing under the 'Make in India' initiative.KFIN TECHNOLOGIESThe board of KFin Technologies has approved the re-appointment of Vishwanathan Mavila Nair as Non-Executive Director and Chairperson of the company. His second term will begin from October 1, 2025, and will last for one year.KAYNES TECHNOLOGY INDIAKaynes Technology has raised Rs 1,600 crore by allotting 28.72 lakh shares to qualified institutional buyers at an issue price of Rs 5,569.50 per share. The fundraise was part of a Qualified Institutions Placement (QIP) that closed on June 24. Some of the investors include Motilal Oswal Mutual Fund, Nomura Funds, HSBC Mutual Fund, Kotak Mahindra AMC, and HDFC Life Insurance Company.ZYDUS WELLNESSZydus Wellness' board has approved the voluntary closure of its subsidiary Naturell (India) Private Limited. The decision is part of a plan to simplify the company's structure and bring operational efficiency by merging Naturell with the main entity.- Ends
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