Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:
Results Today
Allied Digital Services, GK Consultants, Lords Chemicals, Panth Infinity, and Riga Sugar Company will announce their quarterly earnings on June 5.
Stocks to Watch
NTPC Renewable Energy, a wholly owned subsidiary of NTPC, has signed a Power Purchase Agreement (PPA) for a 1,000 MW capacity at a discovered tariff of Rs 2.56 per kWh. NTPC Renewable Energy had won 1,000 MW in the Uttar Pradesh Power Corporation (UPPCL) solar PV power project auction held on January 4.
The company has received an international order worth $2.5 million from a customer. The order includes the supply of Newgen’s product and its implementation for the customer’s digital transformation across multiple lines of business.
Promoters Monarch Infraparks and GSEC will sell up to a 5.98 percent equity stake in the company via an Offer-for-Sale (OFS) on June 5 and June 6. The OFS includes a base offer size of a 3.99 percent stake. The offer will open for non-retail investors on June 5 and for retail investors on June 6. The floor price for the offer is set at Rs 95 per share.
Promoter Waaree Energies will sell up to a 1.15 percent equity stake in the company via an Offer-for-Sale (OFS) on June 5-6. The floor price has been fixed at Rs 10 per share. The OFS will open for non-retail investors on June 5 and for retail investors on June 6.
The Agence Nationale de Sécurité du Médicament et des Produits de Santé (ANSM), France, has issued its final report citing 11 observations for Cenexi’s Fontenay manufacturing facility after an inspection. ANSM had conducted a Good Manufacturing Practices (GMP) inspection of the facility (a material subsidiary of Gland Pharma) between December 9–19, 2024. Cenexi has undertaken a Corrective and Preventive Action Plan with various appropriate measures, within a period ranging from 3 to 12 months (depending on the observation). The plan has been accepted by ANSM. There will be no disruption in manufacturing operations due to this final inspection report.
The company stated that an online article published on idrw.org inaccurately reported that negotiations between HAL and General Electric (GE) for the local production of GE414 engines have stalled, and suggested that HAL is now in talks with another engine manufacturer. HAL clarified that the report is factually incorrect and misleading. The company reiterated that negotiations with GE are on track and progressing well, and that HAL is not in talks with any other company regarding engines for LCA MK2.
The company sold 3,088 units in May 2025, marking a 19.1 percent growth compared to 2,592 units sold in the same month last year. Domestic sales grew by 24.46 percent to 3,002 units, while export sales fell by 52.22 percent to 86 units during the same period.
Upendra Chitre has been appointed and has taken charge as the Head – Customer Experience & Liability Partnerships of the bank, effective June 4.
The company has commercially launched a new product, BLX 75 (Backhoe Loader under the E-Kubota brand), in its construction equipment segment.
Power Grid Corporation of India
Power Grid Corporation has acquired MEL Power Transmission for Rs 8.5 crore. MEL Power Transmission is the project special purpose vehicle (SPV) set up to establish a transmission system for the evacuation of power from the Mahan Energen generating station in Madhya Pradesh, on a build, own, operate, and transfer (BOOT) basis.
Sanjiv Roy has resigned as the Country Head – Fee Based Products of the bank, effective June 3, to pursue opportunities outside the bank.
The board has approved the raising of funds up to Rs 1.55 lakh crore through the private placement of non-convertible bonds or debentures, in one or more tranches, during a period of one year from the date of passing of the resolution by the shareholders. Further, the board also approved the striking-off of a SPV, namely Rajgarh III Power Transmission (a wholly owned subsidiary of REC Power Development and Consultancy).
The company has appointed Gautam Passi as Chief People Officer (CPO), effective June 4.
The company has increased its renewable energy round-the-clock equivalent power capacity to 1.03 GW (gigawatt) through power delivery agreements. It remains on track to achieve 2.5 GW of renewable energy capacity by 2030, as part of its broader target of achieving net zero emissions by 2050 or sooner. The renewable energy projects comprise a mix of wind, solar, and pumped storage technologies.
The National Company Law Tribunal (NCLT), Chandigarh, has approved the merger of Fusion Cosmeceutics and Just4Kids Services with Honasa Consumer.
Angel One (May Update - MoM, YoY)
Gross client acquisition increases 1.70% MoM & down 43.10% YoY to 0.50 million
Client base rises 1.5% MoM and 34.1% YoY to 31.95 million
Number of orders grow 14% MoM, but down 23.40% YoY to 121.55 million
Average daily orders jump 3.20% MoM, but down 23.40% YoY to 5.79 million
Bulk Deals
CA Basque Investments has sold 2.62% shareholding of the bank via open market sale. Post this, current shareholding of CA Basque Investments in the bank stands at 4.22 percent.
Aditya Birla Fashion and Retail
Flipkart Investments sold 7.31 crore shares in Aditya Birla Fashion and Retail
Dalmia Cement (Bharat) offloaded 1 crore shares in Indian Energy Exchange
Ramesh Kunhikannan sold 6.25 lakh shares in Kaynes Technology India
Motilal Oswal Financial Services
Motilal Oswal Foundation offloaded 37.04 lakh shares in Motilal Oswal Financial Services.
Promoter Jayanti Sinha sold 17 lakh shares in Alkem Laboratories.
TPG Rise Climate SF Pte offloaded 85.16 lakh shares in Tata Technologies.
Societe Generale acquired 11 lakh shares in Choice International, from BNP Paribas Financial Markets.
CA Dawn Investments sold 2.44 crore shares in Indegene. East Bridge Capital Master Fund, Societe Generale, Smaller Cap World Fund Inc, Abakkus Emerging Opportunities Fund-1, PI Opportunities AIF V LLP, and Smallcap World Fund Inc bought 1.06 crore shares.
Stocks Trade Ex-Dividend
Jindal Saw
Rallis India
Stock Trades Ex-Date for Rights
Ugro Capital
Stock in F&O Ban
Aditya Birla Fashion and Retail
Manappuram Finance
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