Stocks to Watch: Hindustan Zinc’s Massive Share Sale and Other Key Market Movers!

Hindustan Zinc, UGRO Capital, and Polycab: Stocks to Watch This Week

As the stock market continues to display volatility amidst various economic factors, several companies are making headlines with significant developments. Whether you’re an experienced trader or just dipping your toes into the world of investing, it’s crucial to keep an eye on stocks that might impact the market in the near future. Here’s a closer look at some of the key players to watch this week: Hindustan Zinc, UGRO Capital, and Polycab India.

Hindustan Zinc: Share Sale by Vedanta

Hindustan Zinc, a prominent name in the mining and metal sector, is in the spotlight as its promoter, Vedanta Ltd, plans to divest shares worth up to ₹7,500 crore (approximately $1 billion) through block deals. This major transaction is being brokered by DAM Capital and Citi, and it’s anticipated that the share sale may be offered at a discount of up to 10% compared to the last closing price.

This significant move by Vedanta indicates its strategy to streamline its investments and may also influence Hindustan Zinc’s stock movement in the coming days. Given the fluctuating global market conditions, watch out for the impact this sale might have on investor sentiments regarding the company.

UGRO Capital: Strengthening its Position

In an ambitious step to solidify its footing in the MSME lending segment, UGRO Capital is set to acquire a 100% stake in Profectus Capital for ₹1,400 crore. This all-cash deal, aimed at enhancing UGRO’s portfolio, is pending regulatory and shareholder approvals and is expected to close within the next two to three months.

The funding for this acquisition will come from a mix of UGRO’s recent capital raise and internal accruals, showcasing a strategic growth plan that aims to harness the burgeoning MSME sector in India. With this acquisition, UGRO Capital is taking a giant leap to expand its customer base and service offerings, potentially driving its stock price upward post-completion.

Polycab India: Major Contract Win

Polycab India has also made waves with its recent announcement of a contract worth ₹6,447.54 crore with Bharat Sanchar Nigam Limited (BSNL). The company has been designated as the project implementation agency for the BharatNet project across Karnataka, Goa, and Puducherry. This project encompasses a wide range of services, including design, supply, construction, installation, and maintenance of network infrastructure.

Such a substantial contract is indicative of Polycab’s growing reputation in the electrical goods sector and hints at a robust revenue stream that may positively influence its stock performance. Investors should keep their eyes on the developments as project milestones are achieved.

Other Notable Mentions

Here are a few other companies that are also worth watching this week due to significant developments:

• GMR Airports: The company has reported handling over one crore passengers in May 2025, reflecting a modest year-on-year growth of 0.8%. The growth in international passenger traffic was a key factor contributing to this increase.

• Ola Electric Mobility: Announced a game-changing 0% commission model for drivers, allowing them to retain 100% of their earnings, likely boosting driver recruitment and overall business growth.

• Tata Power: Launched affordable rooftop solar solutions in Bhubaneshwar, aiming to make clean energy accessible to households, in line with nationwide sustainability goals.

• Delhivery: Gained approval from the Competition Commission of India (CCI) for acquiring a controlling stake in Ecom Express Ltd for approximately ₹1,407 crore, marking a significant consolidation in India’s logistics sector.

Conclusion

As we navigate through a dynamic market landscape, staying informed about companies making strategic moves can provide valuable insights for investors. The actions of Hindustan Zinc, UGRO Capital, and Polycab India could spark shifts in market trends and investor sentiments.

Engaging with these developments will not only help in making informed investment decisions but also deepen your understanding of the market’s pulse. Keep watching the stock movements closely, as the week unfolds, and prepare for potential opportunities or challenges ahead.

In this rapidly changing financial climate, being proactive and well-informed is the key to effective investment strategies. Happy trading!