Stocks to watch, Jio Financial Services, Hero MotoCorp, Zydus Lifesciences, Vodafone Idea, Abbott India, Aavas Financiers, ESAF Small Finance Bank and more, these are the stocks to watch for tomorrow.
1 / 7Jio Financial Services | The bank said it acquired 7,90,80,000 equity shares of Jio Payments Bank Limited (JPBL) from State Bank of India for ₹104.54 crore. The deal received the Reserve Bank of India’s approval on June 4, 2025. Following the transaction, Jio Payments Bank has become a wholly-owned subsidiary of Jio Financial Services. Prior to this, Jio Payments Bank operated as a joint venture between Jio Financial Services and the SBI.
2 / 7Hero MotoCorp | Homegrown two-wheeler manufacturer announced to introduce its Vida Vx2 electric scooter with a new ‘Battery-as-a-Service’ (BaaS) model. This offering aims to make electric two-wheeler ownership more affordable and accessible. Vida, the company’s electric mobility brand, includes over 3,600 fast-charging stations and more than 500 service points in over 100 cities.
3 / 7Zydus Lifesciences | Pharmaceutical company, announced that a recent inspection by the United States Food and Drug Administration (FDA) at its oncology injectable facility in Ahmedabad has concluded with two observations, none pertaining to data integrity. The inspection was a Good Manufacturing Practices (GMP) follow-up audit conducted between June 9-18, 2025, at the company’s site located in SEZ 1 near Matoda, Ahmedabad.
4 / 7Abbott India | The company and MSD Pharmaceuticals (Merck & Co Inc in the US) have entered into a strategic distribution agreement aimed at broadening access to MSD’s oral anti-diabetes medications in India, including sitagliptin and its combination therapies. Under the terms of the partnership, Abbott will utilise its distribution infrastructure to promote MSD’s sitagliptin-based products — Januvia, Janumet, and Janumet XR.
5 / 7Aavas Financiers | The firm said its board’s executive committee has approved raising up to ₹200 crore through a private placement of non-convertible debentures (NCDs). The housing finance company will issue up to 20,000 senior, secured, rated, listed, and redeemable NCDs with a face value of ₹100,000 each. The debentures will carry a tenor of 60 months and are proposed to be listed on the Wholesale Debt Market (WDM) segment of BSE Ltd.
6 / 7ESAF Small Finance Bank | Thrissur-based small finance bank said its board of directors has approved the sale of a pool of non-performing and technically written-off loans worth ₹735.18 crore to an asset reconstruction company (ARC). The loan pool comprises ₹362.43 crore in NPAs and ₹372.75 crore in technically written-off accounts. The bank said it holds provisions covering 90.15% of the total pool.
7 / 7Vodafone Idea | The telecom operator said it and AST SpaceMobile Inc. have announced a strategic partnership to bring direct-to-device satellite broadband connectivity to India, aiming to support the Digital India vision of universal mobile access. AST SpaceMobile is building the world’s first space-based cellular broadband network designed to be accessible directly by standard mobile phones, serving both commercial and government needs.
