The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.29% higher by 69 points at 23,659.50 indicating that the domestic benchmark indices are likely to make a positive start on Wednesday. 

On Tuesday, 18 June, Domestic benchmark indices S&P BSE Sensex gained 308 points, or 0.40%, to end at 77,301, while the Nifty50 traded 92.30 points or 0.39% higher and settled at 23,558.

Here are some stocks that are likely to remain in focus on 19 June.

Tata Power: The company’s subsidiary Tata Power Renewable Energy has deployed over 850 electric vehicle charging points in key metropolitan areas. 

Prestige Estates: The Board of Directors of the company are set to meet on 21 June to consider and approve raising funds through various channels, including Qualified Institutions Placements (QIP), rights issue, preferential issue, private placement, or any other permissible forms to raise capital. 

Gland Pharma: Fosun Pharma Industrial Pte is looking to sell its stake in the company via a block deal. 

Raymond: Ahead of its annual general meeting on 27 June, Institutional Investor Advisory Services has urged shareholders to vote against Gautam Hari Singhania’s reappointment to the board.

NMDC: The company has set up a new research and development (R&D) centre on the outskirts of Hyderabad for a total investment of Rs 50 crore. The R&D centre spreads across 8 acres and will focus on innovation in mineral processing and sustainable steel technology. 

Nestle India: The company in its latest annual report disclosed that they have sold over 6 billion packets of instant noodle brand Maggi and 4.2 billion fingers of KitKat to consumers in fiscal year 2024.

Kalpataru Projects International: The Board of Directors of the company have proposed a final dividend of Rs 8 per share for the fiscal year 2023-24 and have set 28 June as the record date. The company has received a custom duty demand along with penalties of Rs 1.77 crore for alleged misclassification of imported goods.

Bharat Forge: The company has invested an additional $40 million in its wholly-owned subsidiary, Bharat Forge America Inc., to support the expansion of an aluminium forging facility.