Indian stock markets are expected to open on a muted note this Wednesday, June 11, 2025. GIFT Nifty futures were trading 10 points higher at 25,171, suggesting a flat start to the session. Here are some key stocks to focus and keep an eye on:
Stocks to Focus on June 11, 2025
Ireda
On of the stocks to focus on is the Indian Renewable Energy Development Agency (Ireda). It has successfully concluded its Qualified Institutional Placement (QIP) fundraising. The company has approved the allotment of 121.47 million equity shares to qualified institutional buyers (QIBs) at an issue price of Rs 165.14 per share.
Liquor Stocks
Shares of liquor companies—United Spirits, Sula Vineyards, United Breweries, and Allied Blenders and Distillers—may see action after these firms reportedly increased prices in Maharashtra. The price hike follows a significant increase in excise duties and the introduction of policy reforms aimed at boosting state revenue and enhancing regulatory oversight.
IndiGo Expands International Routes
IndiGo has unveiled plans to expand its global footprint in Central Asia by launching direct flights to three key cities: Almaty (Kazakhstan), Tashkent (Uzbekistan), and Tbilisi (Georgia). This strategic move aims to strengthen the airline’s international network.
Wipro Extends Metro AG Partnership
IT services company Wipro has announced a two-year extension of its strategic partnership with Metro AG, a global food wholesaler. The extension underscores Wipro’s continued role in supporting Metro AG’s digital transformation initiatives.
Leadership Change at Max Financial Services
Max Financial Services has confirmed the appointment of Sumit Madan as the Managing Director and CEO of Axis Max Life Insurance Ltd. His tenure will officially begin on October 1, 2025.
