Stocks in news: TCS, Infosys, JSW Energy, Bandhan Bank, Waaree Renewable

Markets closed with gains driven by easing geopolitical tensions and renewed FII interest. Accenture's strong revenue, fueled by AI demand, boosted TCS, Infosys, and Wipro. Other key developments include NLC India securing a battery storage projec...

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Biocon raised Rs 4,500 crore ($523 million) through qualified institutions placement (QIP) that opened on June 16.

Markets consolidated for the fifth consecutive week but managed to end with decent gains, as easing geopolitical concerns and renewed interest from foreign institutional investors (FIIs) lifted investor sentiment. In today's trade, shares of TCS, Infosys, JSW Energy, Bandhan Bank, Waaree Renewable among others will be in focus due to various news developments.

TCS, Infosys, Wipro
Shares of TCS, Infosys and Wipro will be in focus after Accenture's revenue beat for third-quarter driven by growing demand for the consulting giant's AI-driven services from enterprise customers.

NLC India
NLC India received LoA from Tamil Nadu Green Energy Corporation for the development of three standalone Battery Energy Storage System projects.


Bajel Projects
Bajel Projects bagged ultra mega power transmission order worth over Rs 400 crore.

JSW Energy
Appellate tribunal NCLAT has quashed an NCLT order that denied permission to the lenders of debt-ridden Raigarh Champa Rail Infrastructure to start a fresh bidding process.

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Bank of India
Bank of India said its board of directors will consider a proposal to raise funds through the issuance of long-term infrastructure bonds at a meeting scheduled for June 26.

Signature Global
Signature Global board to consider fundraise via NCDs on June 25.

Bandhan Bank
The RBI extended Arun Kumar Singh’s tenure as additional director at the bank by 1 year from June 24.

Waaree Renewable
Waaree Renewable Technologies said the value of its existing solar engineering, procurement and construction (EPC) order has been revised upward by Rs 247 crore.
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BEL
Bharat Electronics Ltd (BEL) secured fresh orders worth Rs 585 crore since its previous disclosure on June 5.

ONGC
The board of ONGC approved the corporate guarantee of up to $412 million for OVL overseas IFSC.
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Biocon
Biocon raised Rs 4,500 crore ($523 million) through qualified institutions placement (QIP) that opened on June 16.

Granules India
The US FDA issued Form 483 with one observation for the company's Sangareddy, Hyderabad-based API Unit-I.

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