Stocks to Watch, June 27: Tata Power, HDFC Bank, Mahindra Life, Hitachi Energy India, Bharti Airtel, Swaraj Engines

Stocks to Watch: Morgan Stanley, Citigroup Global Markets Singapore, and six other entities on Thursday bought a 1.6% stake in logistics solution provider Delhivery for ₹461 crore through open market transactions. Stocks to Watch: The domestic equity market will likely open with notable gains on Friday, June 27. The GIFT NIFTY futures suggest that the NIFTY50 index will open 115 points higher. Here is a list of stocks that may remain in focus today. Delhivery: Morgan Stanley, Citigroup Global Markets Singapore and six other entities on Thursday bought a 1.6% stake in logistics solution provider Delhivery for ₹461 crore through open market transactions. Besides, HDFC Mutual Fund (MF), Axis MF, Tata MF, ASK Asset & Wealth Management, Hill Fort Capital and Hong Kong-based investment manager Viridian AM purchased shares of the Gurugram-based Delhivery, as per the block deal date. The entities picked over 1.19 crore equity shares, or a 1.6% stake in the company at an average price of Rs 387, taking the combined value to ₹461 crore. 360 ONE WAM: Financial services company Capital Group on Thursday bought shares of asset and wealth management firm 360 ONE WAM for ₹245 crore through an open market transaction. US-based Capital Group, through its affiliate New World Fund, Inc., purchased 20.94 lakh shares, or a 0.52% stake, in Mumbai-based 360 ONE WAM, as per the bulk deal data on the BSE. The transaction was valued around ₹245.02 crore, executed at an average price of ₹1,170 apiece. PB Fintech: PB Fintech's co-founders Yashish Dahiya and Alok Bansal divested a little over 1 per cent stake in the company for ₹920 crore through open market transactions. PB Fintech's chief executive Dahiya and vice chairman Bansal sold a total of 50.50 lakh shares, or a 1.09% stake, in the company. PB Fintech is the parent of insurtech platform Policybazaar and fintech platform Paisabazar. Meanwhile, the shares were picked up by a domestic mutual fund entity, insurance companies, and foreign investors. The entities that purchased a stake are Tata Mutual Fund, Edelweiss Life Insurance, HDFC Life Insurance, ICICI Prudential Life Insurance, and Mumbai-based Subhkam Ventures. Mahindra Life: Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, on Thursday, June 26, announced its appointment as the preferred developer for the redevelopment of a premium housing society in Mulund (West), Mumbai. The project spans across a 3.08-acre land parcel and has an estimated development value of approximately ₹1,250 crore. HDFC Bank: Shares of HDFC Bank will continue to hog the limelight on Friday, June 27, as the banking major's stock will trade ex-dividend today. The record date for the corporate action announced during the March quarter (Q4 FY25) results announcement is also today. READ MORE Hitachi Energy: Hitachi Energy India on Thursday said it has received an order from Power Grid Corporation of India to supply 30 units of 765-kilovolt (kV) transformers. The required transformers will be manufactured at Hitachi Energy India's power transformer factory in Maneja, Vadodara, Gujarat, according to a statement. UHV AC 765 kV transformers will enhance the Powergrid's security, reliability, and efficiency, helping to meet increasing energy demands, the statement said. The financial details of the order were not disclosed. Tata Power: Tata Power has applied to distribute electricity to various pockets of Maharashtra as part of its efforts to expand beyond the financial capital, officials said on Thursday. The company has filed for a licence across key growth regions, including parts of Mumbai, Pune, Sambhaji Nagar and Nashik, they added. It can be noted that through amendments made to the Electricity Act, private distribution companies are allowed to apply to serve various parts. However, they were hesitant to apply due to the high investments required for setting up such infrastructure. Bharti Airtel: The Department of Telecom has sent a notice to Bharti Airtel for imposing a penalty of ₹6.48 lakh for violation of subscriber verification rules in the Assam circle, the telco said on Thursday. Bharti Airtel, in a regulatory filing, has countered the charges and said that it will take appropriate action for its rectification and reversal. Meanwhile, in a separate development, Bharti Airtel on Thursday said its advanced fraud detection system has protected over 3.5 million users in Delhi-NCR within 43 days of the launch of the new tool. The statement assumes significance given the rising instances of digital frauds where unsuspecting users are lured online and deceived by scamsters leveraging advanced techniques, malicious links and fake profiles. Lemon Tree Hotels: The company has signed a licence agreement, viz., Lemon Tree Suites, Nashik, Maharashtra. The property shall be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels Limited. This property will feature 135 well-appointed suites, a restaurant, a banquet, a lounge, a meeting room, a swimming pool, a fitness centre, a spa and other public areas, the company said. Swaraj Engines: Shares will trade ex-dividend today. The company had announced a dividend of ₹104.50 per share.