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Vimal K

22nd Jun · SEBI-Registered Analyst

WATCH OUT FOR STOCKS IN NEWS

Watch out for the below mentioned stocks in news which are likely to be on spotlight for today the 22-Jun-2026 : - Reliance Industries: Mukesh Ambani-led conglomerate's arm, Jio Platforms, has filed a draft red herring prospectus (DRHP) with SEBI to raise funds through an IPO. The IPO comprises an entirely fresh issue of 27 crore equity shares. The proceeds from the IPO will be utilized for the repayment of debt amounting to Rs 27,500 crore, and general corporate purposes. Sun Pharmaceutical Industries: The pharma major company has agreed to acquire 100 per cent of the outstanding shares of Innovcare Lifesciences for Rs 271.2 crore. Innovcare is engaged in the marketing, distribution, and sale of pharmaceutical drugs, nutraceuticals, and cosmeceutical products. Nestle India: A meeting of the Board of Directors of the company is scheduled for July 3 to consider the declaration of a special dividend for 2026, if any. The company has fixed July 10 as the record date for the final dividend and special dividend for the financial year 2025-26. Rail Vikas Nigam: The state-run railways player has received a letter of award (LoA) for a contract worth Rs 2,977 crore from NMDC for the setting up of buffer stockpiles and a blending yard with a handling capacity of 10 MTPA at Vizag, Andhra Pradesh. $RELIANCE $NESTLEIND $RVNL $SUNPHARMA

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