Vedanta Group Chairman Anil Agarwal announced a $20 billion capital expenditure plan over three years, aiming to triple group businesses. The ambitious expansion targets aluminium, steel, power, and zinc, driven by strong demand and raw material backing. Agarwal emphasized building for India's growth, not consolidating, with steel identified as a key new frontier.
Of these, 20 have delivered over 25% returns in the past year. We highlight nine stocks that have gained 50%-115%, including three multibaggers that have more than doubled investors’ wealth.
A US-Iran peace framework has sparked a sharp rally in Indian markets, sending crude oil prices lower, strengthening the rupee and prompting FII short covering. Analysts believe easing macroeconomic pressures could improve growth prospects, though caution persists over elevated valuations in mid- and small-cap stocks.
Jaiprakash Associates is set to be delisted from the BSE and NSE from June 18 following the completion of insolvency proceedings and Adani Group’s acquisition. Existing shareholders will receive no consideration as the approved resolution plan fully extinguishes the current shareholding structure.
Reliance Industries' 49th AGM on June 19 is expected to draw investor attention for updates on the much-awaited Jio IPO, Reliance Retail's expansion plans and progress in its new energy business. Markets will also closely watch Chairman Mukesh Ambani's commentary on growth strategy and future value creation.
Deccan Gold Mines shares surged significantly after the Supreme Court ruled in its favor. The apex court upheld the company's mining lease rights for the Ganajur Gold Project, established before 2015. This decision protects legacy mining applications from new auction mandates. The ruling clears the path for the company's project in Karnataka, which holds substantial gold resources.
Advit Jewels, a Jaipur-based jewellery maker, has announced its Initial Public Offering. The price band is set between Rs 130 and Rs 138 per share. The subscription opens on June 23 and closes on June 25. The company aims to raise approximately Rs 165 crore through this public issue. Funds will support working capital needs and business expansion.
Zerodha has relaunched its referral program after receiving regulatory clarity, a move founder Nithin Kamath highlighted as a significant growth driver. Previously, nearly 30% of accounts were acquired through referrals, with the actual impact likely exceeding 50%. The reinstated program benefits both new and past referrers.
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