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On June 20, India’s National Stock Exchange witnessed mixed action among its most actively traded stocks. Small-cap KBC Global surged 4 per cent to Rs 0.51 after announcing a solar subsidiary, Dharan Infra Solar Pvt Ltd, and a potential rebranding as Dharan Infra-EPC. According to Mint, the stock has jumped nearly 22 per cent in June, driven by this strategic pivot to green energy.
State-run lender Power Finance Corporation (PFC) also climbed ~4 per cent to Rs 405 following strong Q4 results. As per Economic Times, PFC’s net profit rose 10.6 per cent YoY to Rs 8,358 crore, while net interest income grew 38 per cent. A final dividend payout of Rs 15.80 per share further lifted sentiment. Value Research assigns PFC a 4-star rating and a perfect 10/10 Quality score, reflecting robust fundamentals.
Aeroflex Industries rallied 3.8 per cent to Rs 202.28 after reporting FY25 revenue of Rs 378.8 crore and a net profit turnaround to Rs 52.5 crore. The speciality manufacturer has also expanded its capacity in high-performance hoses and metal bellows, targeting new aerospace contracts.
REC gained 2.5 per cent to Rs 393, supported by board approval of a Rs 1.55 lakh crore bond issue to fund infrastructure projects. The RBI’s recent rate cuts, which lower borrowing costs for NBFCs, added tailwinds to both REC and PFC.
Among banks, Punjab National Bank (PNB) rose 1.7 per cent to Rs 101.82 after declaring a Rs 2.90/share dividend (yield ~2.8 per cent). This high payout reflects strong earnings growth, with a 5-year EPS compound annual growth rate (CAGR) of 82 per cent. Value Research rates PNB moderately at 3 stars with a 3/10 Quality score.
On the downside, Northern Arc Capital fell 6.5 per cent to Rs 200. The NBFC posted flat FY25 profits (~Rs 305 crore), as one-time provisions offset core performance. Having earlier rallied on macro tailwinds, the weak results triggered profit-taking.
GTL Infrastructure dropped 3.5 per cent to Rs 1.65 after a 40 per cent surge earlier this week. Despite bullish momentum, weak fundamentals—like a Q4 loss of Rs 248.9 crore—prompted selling pressure.
Excel Realty & Infra, a recent IPO, declined 4.5 per cent amid typical post-listing profit booking. EaseMyTrip also slipped 0.9 per cent following lacklustre trading, while JP Power edged lower.
Sterlite Technologies (STL) was marginally weak at Rs 105.80 (–1.1 per cent). Earlier this week, STL had rallied after securing a Rs 2,631 crore BharatNet contract and launching AI-powered data centre solutions. On June 20, the stock appeared to consolidate.
Suzlon Energy rose 0.5 per cent and remains in focus after a 365 per cent FY25 PAT surge (Rs 1,181 crore), supported by a strong order book and favourable renewable energy outlook.
Meanwhile, trading volumes were led by Vodafone Idea (5.34 crore shares), which ended flat, suggesting stabilised sentiment. KBC Global, GTL Infra, Northern Arc, Excel Realty, Suzlon, JP Power, and Yes Bank also featured among the day’s most traded names.
The NSE activity on June 20 was driven by a mix of corporate announcements, earnings surprises, and broader themes, including the RBI’s monetary stance and sector-specific triggers. Renewable energy, NBFCs, and infrastructure stocks dominated the narrative, reinforcing investor focus on long-term themes backed by earnings quality.
Disclaimer: This story was created with the assistance of artificial intelligence and is intended for informational purposes only. Please take it with a grain of salt and conduct your own research or consult a financial advisor before making any investment decisions.
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