Stocks to Watch: Kotak Mahindra Bank, Texmaco Rail, Vodafone Idea and more

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Jio Financial Services, Vodafone Idea, Kotak Mahindra Bank, Union Bank, CDSL, among others have updated exchanges with updates and developments ahead of the June 26 trading session. Here's the list of stocks to watch out for before markets open on Thursday:

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By Megha Rani   June 25, 2025, 11:03:36 PM IST (Updated)

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Kotak Mahindra Bank | MSCI ESG Ratings and Research Private Ltd has upgraded the ESG rating of the bank to AA from A.

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Texmaco Rail & Engineering Ltd | The company has received a ₹535 crore order from CAMALCO SA., Cameroon, for 560 wagons and a 20-year maintenance contract.

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JSW Energy | JSW Energy Ltd, via Energizent Power Private Ltd, a step-down subsidiary of the company, has signed a Power Purchase Agreement with NHPC Ltd for ISTS-connected 300 MW solar-wind hybrid capacity.

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Tejas Networks | The company has announced its partnership with Rakuten Symphony to drive global expansion through interoperable 5G solutions.

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Om Infra | The company has bagged a contract of ₹199 crore for turnkey contract execution for hydro-mechanical works for India’s largest power generation project of 2880 MW, the Dibang Project, from NHPC in Arunachal Pradesh.

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Dilip Buildcon Ltd | The company has updated in its filing that the construction of the 4-lane Bangalore-Chennai Expressway from Km 127.000 to Km 156.000 Section in the State of Andhra Pradesh under Bharatmala on Hybrid Annuity Mode has been provisionally completed.

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Jio Financial | The company has informed exchanges that it has subscribed to and has been allocated 19 crore equity shares of Jio Payments Bank for ₹190 crore.

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KNR Construction | The company has secured a ₹4,801 crore contract for developing and operating the Banhardih Coal Mining Block in Jharkhand. The award came from Patratu Vidyut Utpadan Nigam Ltd, a JV between NTPC and JBVNL. The deal, granted to the KNRCL-HCPL joint venture, marks KNR’s strategic entry into coal mining operations.

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Reliance Infrastructure | The company's subsidiary, Reliance Defence, has bagged a ₹600 crore export order from German arms and ammunition manufacturer Rheinmetall Waffe Munition GmbH. The company called it one of the largest orders secured in the high-tech ammunition segment so far.

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Adani Total Gas | ATGL has announced a collaboration with Jio-BP to integrate fuel distribution networks. Under the tie-up, Adani fuel outlets will offer Jio-bp’s petrol and diesel, while select Jio-bp stations will be equipped with Adani Total’s CNG units—a move aimed at improving fuel quality and access in authorised areas.

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Central Depository Services (India) Ltd | CDSL has signed an MoU with IIM Mumbai to tap into advanced data analytics and research. The partnership aims to drive deeper insights into financial market behavior and strengthen innovation in the securities ecosystem.

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Vodafone Idea | The telecom operator is in talks to raise ₹250 billion ($2.9 billion) in loans to strengthen its network and counter subscriber losses to rivals, according to Bloomberg. The proposed 10-year loan, likely led by the State Bank of India, would blend domestic and foreign funding amid fresh hopes of government relief for telecom dues.

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