Stocks In Focus Today: HDFC Bank, Yes Bank, Biocon, Tech Mahindra, BPCL, Bajaj Auto, Axis Bank

Indian benchmark indices are likely to open on a positive note on Tuesday, tracking firm global cues. Gift Nifty was trading 35.5 points, or 0.15%, higher at 23,989.5 around 8:50 am IST, indicating a mildly positive start for the NIFTY 50.

Several companies announced key corporate developments that are likely to remain in focus during Tuesday’s trading session. Here’s a look at the major updates:

HDFC Bank

The private lender’s board approved the appointment of former Chief Election Commissioner Rajiv Kumar as an Additional Independent Director for a four-year term starting June 30, 2026. He has also been named the bank’s part-time chairman, subject to approval from the Reserve Bank of India>.

The board also appointed Puneet Sharma, former CFO of

Axis Bank, as Chief Financial Officer-designate from September 1, 2026. He will take over as CFO on December 1, 2026.

Biocon

Biocon completed the acquisition of over 1.15 crore equity shares of Biocon Biologics from 127 shareholders. As part of the deal, the company allotted 87.86 lakh equity shares on a preferential basis at ₹376.41 per share, increasing its paid-up equity capital to ₹814.85 crore.

Tech Mahindra

Tech Mahindra said its step-down wholly owned subsidiary, Leadcom Integrated Solutions Myanmar Company Limited, has been voluntarily liquidated with effect from June 29, 2026.

Axis Bank

Axis Bank said CFO Puneet Sharma has resigned with effect from August 31, 2026, to pursue the next phase of his professional journey.

Godrej Properties

Godrej Properties acquired a nearly 47-acre land parcel on Old Mahabalipuram Road (OMR) in South Chennai through an outright purchase.

RITES & CONCOR

RITES signed an MoU with Container Corporation of India to provide project management consultancy services for the development and upgradation of CONCOR’s terminals and establishments.

SJVN

SJVN signed power purchase agreements with Gujarat Urja Vikas Nigam for electricity from three upcoming hydroelectric projects in Himachal Pradesh, with a combined capacity of 658 MW.

Yes Bank

Yes Bank received board approval to raise up to ₹7,500 crore through equity securities and up to ₹8,500 crore through debt securities.

Jagsonpal Pharmaceuticals

Jagsonpal Pharmaceuticals signed a definitive agreement to acquire an 85% stake in Mumbai-based Aequitas Healthcare for ₹20.8 crore.

Bajaj Auto

Bajaj Auto said its share buyback offer will open for tender on July 1 and close on July 7 after shareholders approved the proposal earlier this month.

Bharat Petroleum Corporation (BPCL)

Bharat Petroleum Corporation will acquire a 40% stake in Tiki Tar and Shell India Private Ltd. for ₹85 crore, marking its entry into the value-added bitumen segment to benefit from rising infrastructure and road construction demand in India.