Top stocks to watch today, June 13: ONGC, Oil India, HCLTech, Yes Bank, Dixon Technologies, NBCC and more

The Indian equity benchmarks, Sensex and Nifty 50, are expected to open lower on Friday, June 13, tracking weak global cues amid rising geopolitical tensions. Investor sentiment remains cautious after Israel launched airstrikes in Iran, leading to a sharp spike in crude oil prices.

Key Stocks to Watch Today

1. ONGC / Oil India (OIL):
Crude oil prices surged over 8% following the Israel-Iran conflict. Brent crude crossed the $75/bbl mark, which may impact oil exploration and marketing companies, as well as downstream sectors like paints and aviation.

2. HCLTech:
The company announced a collaboration with Volvo Cars to support engineering transformation efforts, signaling a focus on digital and software-driven automotive innovation.

3. Torrent Power:
Its subsidiary secured a 300 MW wind power project from SECI, valued at ₹2,650 crore.

4. DCM Shriram:
The company plans to acquire 100% equity in Gujarat-based Hindusthan Specialty Chemicals for ₹375 crore, aimed at expanding its specialty chemicals portfolio.

5. Dixon Technologies:
Dixon has entered into a joint venture agreement with Signify Innovations to manufacture OEM lighting products in India.

6. Yes Bank:
The Reserve Bank of India (RBI) has approved a six-month extension for the tenure of Managing Director and CEO, Prashant Kumar.

7. Crompton Greaves Consumer:
The company received an order from Maharashtra Energy Development Agency (MEDA) for 4,500 off-grid solar pumps, valued at ₹100 crore.

8. V-Mart:
Shareholders approved the issuance of bonus shares, which may influence stock movement.

9. NBCC:
The company has bagged fresh work orders worth ₹518.5 crore.

10. Sasken Technologies:
Announced a partnership with Microsoft to drive innovation in smart devices.

11. CSB Bank:
The RBI approved the re-appointment of Pralay Mondal as MD and CEO.

12. Talbros Automotive Components:
The company’s joint venture secured multi-year orders worth ₹580 crore.

13. Oil Marketing Companies / Paint Companies:
With Brent crude climbing sharply, stocks in these sectors may see movement due to margin impact concerns.

14. Jubilant FoodWorks / Jubilant Ingrevia / Jubilant Pharmova:
Promoters are expected to offload stakes via block deals. The floor prices for these sales are at a discount to current market prices—4% for Jubilant FoodWorks, 8.5% for Ingrevia, and 11% for Pharmova.

15. Genus Power:
GIC is likely to sell up to 5.88% equity via block deals at a 6.5% discount to CMP.

16. Universal Cables:
The European Union is set to impose a countervailing duty (CVD) of 8.3% on imports of single-mode optical fibre cables, potentially impacting the company’s exports.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

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