Stocks to Watch Today, June 5: Indian stock markets are likely to see stock-specific action on June 5 as investors react to a series of corporate developments across sectors.
Shares of IndiGo, Ola Electric, Groww, Hyundai Motor India, Inox Green, Vodafone Idea, L&T, Maruti Suzuki and Hindalco will be in focus following key announcements ranging from fundraising and acquisitions to new product launches, infrastructure investments and business expansion plans.
Here are the top stocks to watch in today's trading session:
Stocks to watch today
| Stocks in focus | Why in focus |
| IndiGo | International Route Optimisation |
| Ola Electric | QIP Oversubscribed |
| Groww | Goldman Sachs Stake Buy |
| Eicher Motors | Tax Demand Notice |
| ABB India | Electric Tug Order Win |
| Hindalco | Revenue Growth Target |
| Hyundai Motor India | EV Launch Pipeline |
| Inox Green | Rs 6,000 Cr Acquisition Deal |
| Vodafone Idea | Silent Verification Launch |
| TVS Supply Chain | Aerospace Market Entry |
| L&T | Tamil Nadu Projects MoU |
| Maruti Suzuki | Flex-Fuel Car Launch |
| PhysicsWallah | Shift in Loan Strategy |
| Texmaco Rail | Rail Leasing Partnership |
InterGlobe Aviation (IndiGo)
Suspends flights to 6 international destinations
Temporarily suspended flights to six international destinations, including Hong Kong and Krabi, as part of network optimisation and capacity management efforts.
Ola Electric Mobility
Strong QIP Response
Raised Rs 780 crore through a QIP, oversubscribed by 56 per cent, reflecting strong interest from domestic and global institutional investors.
Billionbrains Garage Ventures (Groww)
Goldman Sachs Buys Stake
Goldman Sachs acquired over 1.13 crore shares worth Rs 210 crore from venture investor Friale through an open-market transaction.
Eicher Motors
Tax Demand Notice
Received a customs duty demand and penalty order totaling Rs 1.64 crore from West Bengal tax authorities.
ABB India
Electric Tug Order
Won an order from Cochin Shipyard to provide power and propulsion systems for two electric tugs at JNPA.
Hindalco
Window Business Expansion
Targets Rs 1,000 crore revenue from its engineered aluminium window systems business over the next three years.
Hyundai Motor India
New EV Launch Plans
Will launch two new models, including its first mass-market EV, while strengthening Tamil Nadu as its EV manufacturing hub.
Inox Green Energy
Major Renewable Acquisition
Signed a deal to acquire Vena Energy India's 6 GW renewable portfolio for approximately Rs 6,000 crore.
Vodafone Idea
Silent Verification Rollout
Launched Silent Mobile Verification services across Meta platforms, enhancing user authentication on WhatsApp, Facebook, and Instagram.
TVS Supply Chain Solutions
Aerospace Entry
Entered the aerospace and defense logistics sector through a 51:49 joint venture with Italy's ALA Group.
Larsen & Toubro (L&T)
Rs 18,600 Crore Tamil Nadu Projects
Signed an MoU with Tamil Nadu for three projects worth Rs 18,600 crore, expected to create over 8,000 jobs.
Maruti Suzuki
First Flex-Fuel Car
Launched India's first flex-fuel passenger vehicle, supporting cleaner mobility and reducing dependence on crude oil imports.
PhysicsWallah
Lending Model Shift
Plans to exit direct student financing and partner with NBFCs to provide education loans to learners.
Texmaco Rail & Engineering
Leasing Partnership
Partnered with Touax Group and TrinityRail Global to expand railcar leasing solutions across India.
(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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