Stocks To Watch On Monday
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Fresh expansion announcements across renewable energy, solar manufacturing and healthcare could place JSW Energy, Shakti Pumps and Global Health among the key stocks to watch on Monday.
✨ Key Takeaways
Indian equity benchmarks recorded their strongest single-day gains in nearly two months on Friday, June 12, supported by easing crude oil prices, signs of improving relations between the United States and Iran, and broad-based buying in heavyweight stocks.
Investor sentiment strengthened after reports indicated progress towards a potential agreement between the US and Iran, reducing concerns over geopolitical tensions and their impact on global energy markets.
Against this backdrop, several companies announced key business developments that could keep their shares in focus when trading resumes on Monday.
JSW Neo Energy Ltd, a wholly owned subsidiary of JSW Energy Ltd, has successfully commissioned the entire 150 MW capacity of Tidong Power Generation Private Ltd, a run-of-river hydroelectric project located in the Tidong Valley of Himachal Pradesh's Kinnaur district.
Notably, the project has been commissioned ahead of the company's earlier guidance of October 2026. The early completion highlights JSW Energy's project execution capabilities and strengthens its renewable energy portfolio.
Shakti Pumps (India) Ltd has invested Rs 10 crore in its wholly owned subsidiary, Shakti Energy Solutions Ltd.
The investment will support the establishment of a greenfield manufacturing facility in Pithampur, Madhya Pradesh, focused on producing high-efficiency Solar DCR cells and Solar PV modules.
The proposed facility will have a manufacturing capacity of 2.20 GW and forms part of the group's strategy to strengthen its presence in India's rapidly expanding solar energy ecosystem
Global Health Ltd, which operates the Medanta chain of hospitals, has received a Letter of Intent dated June 11, 2026, from the Medical Education & Research Department, Government of Haryana.
The approval is for the establishment of a medical college with 150 MBBS seats at Medanta – The Medicity in Gurugram, Haryana.
The development marks a significant step in the company's healthcare expansion strategy.
Disclaimer: The article is for informational purposes only and not investment advice.