Several Indian companies are making headlines in the stock market due to various developments and financial results. These include TCS, Infosys, Tata Motors, HAL, Bandhan Bank, and Waaree Energies.
TCS
Tata Consultancy Services (TCS) is in the news for multiple reasons. Recently, TCS has been collaborating with Microsoft to develop new AI and cloud solutions, aiming to drive business transformation and growth for customers. This multi-year collaboration will integrate Microsoft services to transition critical applications to the cloud across sectors like financial services, retail, manufacturing, and healthcare. TCS is also partnering with Salling Group, Denmark's largest retailer, to support its digital transformation and AI-enabled cloud migration across its extensive network of stores and employees.
However, TCS is also facing criticism regarding its new deployment policy, which mandates a minimum of 225 billed business days annually and caps bench time at 35 days. The All India IT & ITeS Employees’ Union (AIITEU) has slammed this policy as an "anti-worker" move designed to downsize teams.
Infosys
Infosys is also focusing on AI and digital transformation. The company has launched Infosys Agentic AI Foundry to accelerate the development and deployment of AI agents. Additionally, Infosys is collaborating with Adobe to transform the marketing lifecycle of global brands using AI. For Roland-Garros 2025, Infosys is partnering with the French Tennis Federation to unveil AI-driven fan experiences. Recently, Infosys inaugurated a new development center in GIFT City, Gandhinagar, focusing on digital banking and regulatory affairs.
On a regulatory front, the Director General of GST Intelligence (DGGI) has closed pre-show cause notice proceedings against Infosys for financial years 2018-19 to 2021-22, involving a GST amount of ₹32,403 crore, providing a breather for the company.
Tata Motors
Tata Motors is aggressively pushing its electric vehicle (EV) plans to regain market share. The company aims to achieve a 50% market share in the EV space by launching new "bespoke EVs" and expanding its sales reach. Tata Motors expects to achieve 30% EV penetration ahead of schedule and is working to make the total cost of ownership of its EVs comparable to CNG vehicles.
Recently, Tata Motors launched the Nexon iCNG and additions to the Nexon EV range, making the Nexon the first vehicle in India available in petrol, diesel, CNG, and electric powertrains. The company also introduced a CAMO special edition of the Tata Punch, featuring a new Seaweed Green color and advanced infotainment features. However, brokerages have expressed concerns over Jaguar Land Rover's (JLR) FY26 guidance, citing challenges like currency volatility and increased capital expenditure.
HAL
Hindustan Aeronautics Limited (HAL) has secured significant deals, including a ₹62,700 crore contract for 156 LCH helicopters. HAL has also won a bid for the transfer of technology of ISRO's Small Satellite Launch Vehicle (SSLV) for ₹511 crore, making it the first Indian firm to fully acquire this technology. The company dismissed reports of stalled talks with GE over the local production of GE414 engines, reaffirming that negotiations are ongoing.
HAL's stock gained after securing a ₹26,000 crore deal with the Indian Air Force for aero-engines for SU-30 MKIs. The company's order book is expected to reach ₹2.5 lakh crore in FY26.
Bandhan Bank
Bandhan Bank reported a significant increase in net profit for the quarter ended March 31, 2025, driven by lower provisions. The bank's loans and advances rose by nearly 11% year-on-year, and total deposits increased by 12%. Bandhan Bank has introduced a new savings product, 'avni,' exclusively for women and launched the Elite Plus Savings Account for affluent customers. The bank has also signed an MoU with the Indian Air Force to offer Shaurya Salary Accounts to defence personnel.
Technically, Bandhan Bank broke out of a one-month consolidation in June, signaling a potential upward trend, with experts suggesting buying on dips towards ₹170, targeting ₹200-230.
Waaree Energies
Waaree Energies shares have seen positive movement following confirmation of inclusion in the FTSE global index. The company's shares surged over 11% on June 20, attracting an estimated $49 million in passive investments. Waaree Energies is also expanding its manufacturing capacity in the United States, with plans to double the capacity at its Brookshire, Texas facility to 3.2 GW by the end of 2025.
Waaree Energies secured a 1 GW solar PV module supply order from an Indian renewable energy company, with delivery scheduled over FY 2024-25 and FY 2025-26. The company reported a 34.1% year-on-year jump in net profit for Q4 FY25.
