Indian equity markets are poised for a dynamic trading session on June 5 as several companies come under the spotlight due to recent developments, corporate actions, and financial updates. Here are the top stocks investors should keep an eye on today:
Coal India Ltd
Coal India is likely to attract investor attention following robust financial performance from its subsidiary Western Coalfields Ltd. The subsidiary reported a profit before tax of ₹4,375.55 crore for FY24-25, reflecting strong operational efficiency and profitability within the group.
Adani Enterprises
Adani Enterprises has made headlines after securing $750 million in financing from a consortium of global banks. This capital will be channeled toward expansion plans for its airport business under Adani Airports Holdings, reinforcing its position as a major private player in India’s aviation infrastructure.
Tata Technologies
Tata Technologies has launched a new wholly-owned subsidiary—BMW TechWorks India Private Limited—to support BMW Group’s digital transformation and engineering initiatives. The move is part of Tata Technologies’ broader strategy to scale its automotive tech services globally.
Aditya Birla Fashion and Retail (ABFRL)
ABFRL is expected to see increased trading activity after a major stakeholder sold a 6% stake through block deals, worth approximately ₹583 crore. The stake sale marks a strategic reshuffling and could influence the stock’s near-term sentiment.
Reliance Infrastructure
Shares of Reliance Infrastructure may react positively following a favorable ruling by the National Company Law Appellate Tribunal (NCLAT), which stayed insolvency proceedings against the company. This development provides significant relief and stability to the embattled firm.
Vedanta Ltd
Vedanta is in focus as it ramps up its renewable energy capacity to 1.03 GW, with plans to hit 2.5 GW by 2030. The move signals the company’s commitment to sustainability and diversifying its energy portfolio.
Alkem Laboratories
Promoter activity has put Alkem Laboratories in the spotlight, as one of its promoters offloaded a 1.4% stake via open market transactions, amounting to ₹828 crore. The development could influence market perception regarding insider sentiment.
KEC International
KEC International continues to build momentum by securing infrastructure-related orders, strengthening its position in the sector. Its growing order book provides healthy revenue visibility for the coming quarters.
With these key developments, market participants are advised to stay alert to both corporate actions and broader market trends, as these stocks could drive significant activity on the trading floor today.
