JSW Steel, HUL, Nestlé India: Key Stocks to Monitor on June 26, 2025

On June 26, 2025, several prominent stocks are poised to attract investor attention, notably JSW Steel, Hindustan Unilever Limited (HUL), and Nestlé India. These companies are involved in significant corporate actions that could influence their market performance in the upcoming trading sessions.

**JSW Steel's Legal Challenge** JSW Steel has announced that it has filed a review petition in the Supreme Court of India regarding the court's previous ruling that dismissed its resolution plan for the financially distressed Bhushan Power and Steel Limited (BPSL). This legal maneuver comes after the Supreme Court ruled on May 2, 2025, that the resolution plan submitted by JSW Steel was illegal and in violation of the Insolvency and Bankruptcy Code (IBC). Justice Bela M. Trivedi and Justice Satish Chandra Sharma presided over the case, which concluded with an order for the liquidation of BPSL under the IBC framework. According to a regulatory filing from JSW Steel, the company is seeking to overturn this decision, which could have significant implications for its financial recovery strategy.

**Hindustan Unilever's Strategic Acquisition** Hindustan Unilever Limited (HUL) is likely to be in the spotlight following its parent company, Unilever, announcing the acquisition of a 61.9% stake in Kwality Wall's (India) Ltd. This acquisition is part of a strategic initiative by Unilever to consolidate its ice cream business. The deal is expected to enhance HUL's product offerings in the fast-moving consumer goods (FMCG) sector, a segment where the company already holds a significant market share. Analysts speculate that this move could positively impact HUL's stock performance as it aligns with the company's growth strategy in the competitive FMCG landscape.

**Nestlé India's Board Meeting** Shares of Nestlé India are anticipated to gain traction as the company prepares for a board meeting set for June 26, 2025, to deliberate on the issuance of bonus shares. This proposal, if approved, would mark the company's first bonus share issue, a decision that many investors view as a positive signal regarding the company's profitability and growth outlook. The meeting follows Nestlé India's consistent performance in the FMCG sector, which remains a critical driver of its valuation.

**Other Stocks to Watch** Several other companies will also be noteworthy on this trading day. JSW Energy has entered into a power purchase agreement with NHPC Ltd. to supply energy to a new 300 megawatt solar-wind hybrid project, which signals further expansion in the company's renewable energy initiatives.

Texmaco Rail, an engineering firm specializing in manufacturing railway wagons and coaches, has secured a substantial contract worth ₹535.6 crore for the supply of freight wagons in central Africa. This contract is expected to bolster the company’s revenue and strengthen its international market position.

Balaji Amines has received approval to commence the manufacture of ISOPROPYLAMINE, signaling growth in its chemical production capabilities.

In the financial sector, Jio Financial Services has infused ₹190 crore into its payments bank subsidiary, indicating ongoing investment in its financial services portfolio. PB Fintech's co-founders are reportedly preparing to divest a portion of their holdings, while MobiKwik is likely to witness a block deal involving an 8% stake sale.

**Market Outlook** The domestic equity market is projected to open positively, with GIFT NIFTY futures indicating an expected rise of 36 points for the NIFTY50 index. Investors are advised to monitor these stocks closely, as developments in these companies could lead to significant market movements.

In conclusion, the actions taken by JSW Steel, HUL, and Nestlé India reflect broader trends in corporate governance, strategic acquisitions, and investor sentiment in the Indian stock market. As these companies navigate their respective challenges and opportunities, their performance will be closely watched by market participants.