Stocks to Track on June 11: HCLTech, M&M Financial, Tata Elxsi, Radico Khaitan, RailTel, other shares in spotlight

Domestic equity benchmarks ended a choppy session largely flat on Tuesday as weakness in select financial heavyweights like HDFC Bank and ICICI Bank offset gains in IT and energy shares. Tuesday’s pause broke a near-one-way, four-session rally that made investors wealthier by Rs 11.9 lakh crore. As market participants await Wednesday’s trading session on Dalal Street, here are a few stocks that are set to be in focus in the market. 

Quess Corp

Quess Corp entities Digitide Solutions and Bluspring Enterprises are set to trade ex-demerger from Both have been demerged from Quess Corp.

Hind Zinc Ltd 

HZL’s board is set to meet on Wednesday to consider an interim dividend for 2025-26. 

M&M Financial

The company is set to list 15.4 crore rights shares on Wednesday.

Tata Elxsi

The Tata group stock is set to trade ex-dividend at the opening bell.

Alcohol maker stocks

Stocks like Radico Khaitan, USL, Allied Blenders and Tilaknagar Industries are set to be in focus during the session with the Maharashtra Cabinet having approved an increase in excise duty on liquor. The state has cleared a hike in the excise duty applicable to Indian made foreign liquor to 4.5 times from 3 times, with a ceiling limit of Rs 260 per bulk litre.

Vodafone Idea

The telecom company has launched its 5G services in Bengaluru.

Texmaco Rail & Engineering

The company has received an order to the tune of Rs 44 crore from Mumbai Railway Vikas Corporation, involving the supply, construction, installation, and testing of traction transformers, SPs, and associated works. The project is to be completed the order within 18 months.

Veranda Learning Solutions

The company has unveiled a major restructuring plan under its ‘Veranda 2.0’ strategy. It has formed a committee to evaluate mergers and demergers of key verticals.

RailTel Corp

The company’s board is set to meet on June 15 to consider a final dividend.

InterGlobe Aviation (IndiGo) 

The airline has launched flights to Almaty, Tashkent and Tbilisi.

Wipro

The IT major has extended an agreement with Metro AG for two years. It will continue to provide integrated digital services to Metro under the pact.

Sonata Software

The company has signed a three-year agreement with IISc’s Foundation of Science Innovation and Development (FSID) to promote AI-based initiatives.

HCLTech

The company has expanded its partnership with Standard Insurance Company to drive AI-led transformation and deliver digital-first services at scale.