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Stocks to Watch Today, June 4: Jindal Steel, Wipro, Suzlon Energy, BHEL, ITC Hotels and others

Stocks to Watch Today, June 4: Jindal Steel, Wipro, Suzlon Energy, BHEL, ITC Hotels and others

ETNow.in 5 days ago

Stocks to Watch Today, June 4: Indian stocks including NHPC, Jindal Steel, BHEL, Wipro, Suzlon Energy and Indian Energy Exchange will be in focus on Thursday following key corporate developments.

NHPC's offer for sale was fully subscribed, while BHEL secured a major overseas order and Jindal Steel received relief from a court in a power dues dispute.

Investors will also track stake sales in Lenskart and GMR Airports, alongside business updates from Aurobindo Pharma, HUL, ITC Hotels, IEX, Wipro and Suzlon Energy.

Here's the list of stocks to watch in today's trading session:

Stocks to Watch Today

Stocks in FocusWhy in focus
NHPCOFS fully subscribed; govt raises Rs 4,300 crore
Jindal SteelHigh Court stays Rs 153.55 crore power dues demand
Lenskart SolutionsSoftBank sells 3.25% stake for Rs 2,873 crore
GMR AirportsGQG Partners exits 1.8% stake in Rs 1,906 crore deal
BHELWins Nigerian order worth Rs 2,000-2,500 crore
Aurobindo PharmaInaugurates large biologics manufacturing facility
Hindustan Unilever (HUL)Employee count declines 10.7% in FY26
ITC HotelsSigns 25th Storii-branded property in Guwahati
Indian Energy Exchange (IEX)May power trade volumes rise 18.6% YoY
WiproFlags legal and business risks from rapid AI adoption
Suzlon EnergyTargets 70 GW AUM and 10 GW annual sales by FY31

NHPC

OFS Fully Subscribed

The government raised around Rs 4,300 crore through stake dilution after NHPC's offer for sale (OFS) was fully subscribed on the final day.

Jindal Steel

Court Stays Power Dues Demand

The Chhattisgarh High Court stayed a Rs 153.55 crore demand notice issued by CSPDCL and directed the state regulator to re-examine the dispute.

Lenskart Solutions

SoftBank Sells 3.25% Stake

SoftBank Group sold a 3.25% stake in Lenskart Solutions for Rs 2,873 crore through an open market transaction.

GMR Airports

GQG Partners Cuts Stake

GQG Partners sold a 1.8% stake in GMR Airports to Fidelity International for Rs 1,906 crore via open market deals.

BHEL

Secures Nigerian Order

BHEL secured an order worth Rs 2,000-2,500 crore from a Nigerian entity.

Aurobindo Pharma

Launches Biologics Manufacturing Unit

Aurobindo Pharma inaugurated TheraNym, a dedicated biologics contract manufacturing organisation near Hyderabad.

HUL

Employee Count Declines

Hindustan Unilever reported a 10.7% decline in its workforce, with employee strength falling to 5,898 in FY26.

ITC Hotels

Signs 25th Storii Property

ITC Hotels signed its 25th Storii-branded property, a 43-room hotel located within Assam's Amchong Tea Estate in Guwahati.

IEX

Power Trade Volumes Rise

Indian Energy Exchange reported an 18.6% year-on-year increase in electricity trade volumes to 12,983 million units in May.

Wipro

Flags AI-Related Risks

Wipro highlighted risks linked to rapid AI adoption, citing concerns around algorithmic flaws, bias, and evolving regulations.

Suzlon Energy

Sets FY31 Growth Targets

Suzlon Energy aims to expand its assets under management to 70 GW and achieve annual renewable energy sales of 10 GW by FY31.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)

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