Stocks to watch today, June 1: Indian shares are set to see stock-specific action on June 1 as investors react to a mix of quarterly earnings and corporate developments. InterGlobe Aviation reported a sharp quarterly loss, while NMDC and Patanjali Foods posted strong profit growth.
Among corporate updates, Reliance Industries received a credit rating upgrade from Moody’s, Lupin secured a USFDA approval, and EKI Energy entered the power trading business. Suzlon Energy, PB Fintech, Hindustan Copper and PNC Infratech will also remain in focus on key announcements.
Created with AI. Errors are possibleHere’s the list of stocks to watch in today’s trading session:
| Stocks in focus | Why in focus |
| InterGlobe Aviation (IndiGo) | Profitability Hit by One-Off Losses |
| NMDC | Earnings Surge on Strong Revenue Growth |
| Inox Wind | Profit and Revenue Under Pressure |
| IREDA | Stable Earnings Despite Marginal Profit Dip |
| Coffee Day Global | Cafe Business Returns to Profit |
| Patanjali Foods | Strong Bottom-Line Growth Continues |
| EKI Energy Services | Expands Into Power Trading Business |
| Suzlon Energy | To Challenge SEBI Penalty Order |
| PNC Infratech | Secures New Airport Project Order |
| PB Fintech | Founders Trim Stake Through Block Deal |
| Hindustan Copper | Gujarat Plant Revival Approved |
| Lupin | USFDA Clears Key Generic Drug Application |
| Reliance Industries | Moody’s Upgrades Credit Rating |
| SBI Life Insurance | Appoints New Deputy CEO |
Q4 Update
Profitability Hit by One-Off Losses
InterGlobe Aviation (IndiGo) reported a net loss of Rs 2,536.9 crore in Q4 compared with a profit of Rs 3,067.5 crore last year. Revenue remained resilient, rising 1.3 per cent year-on-year to Rs 22,438.4 crore despite challenges.
NMDC
Earnings Surge on Strong Revenue Growth
NMDC posted a robust 36 per cent jump in Q4 profit to Rs 2,017.6 crore. Revenue climbed sharply by 61.9 per cent year-on-year to Rs 11,343.1 crore.
Profit and Revenue Under Pressure
Inox Wind reported a 51.1 per cent decline in Q4 profit to Rs 91.3 crore. Revenue also slipped 2.4 per cent year-on-year to Rs 1,244.2 crore.
IREDA
Stable Earnings Despite Marginal Profit Dip
IREDA’s Q4 profit fell slightly by 1.8 per cent to Rs 492.6 crore. However, net interest income grew a healthy 18.4 per cent year-on-year to Rs 897.8 crore.
Cafe Business Returns to Profit
Coffee Day Global, operator of Cafe Coffee Day, reported a profit after tax of Rs 14 crore in FY26. Revenue from operations increased 5.7 per cent year-on-year to Rs 1,094 crore.
Strong Bottom-Line Growth Continues
Patanjali Foods reported a 46 per cent rise in consolidated Q4 net profit to Rs 523.97 crore. Total income increased to Rs 11,212.17 crore during the quarter.
Expands Into Power Trading Business
EKI Energy Services has received a licence from the Central Electricity Regulatory Commission, enabling its entry into the electricity trading segment.
To Challenge SEBI Penalty Order
Suzlon Energy plans to approach the Securities Appellate Tribunal against Sebi’s order imposing a Rs 28.95 crore penalty. The action relates to alleged misrepresentation in financial statements involving promoters and former executives.
Secures New Airport Project Order
PNC Infratech has received an EPC contract worth Rs 302.44 crore from the Airports Authority of India.
Founders Trim Stake Through Block Deal
Two co-founders of PB Fintech have sold nearly 1 per cent stake in the company for around Rs 665 crore.
Gujarat Plant Revival Approved
Hindustan Copper’s board has approved awarding a contract to Lohum Materials for restarting operations at the Gujarat Copper Plant. The project will operate under a revenue-sharing model to improve asset utilisation.
USFDA Clears Key Generic Drug Application
Lupin has secured USFDA approval for its ANDA covering Sodium Sulfate, Magnesium Sulfate, and Potassium Chloride tablets.
Moody’s Upgrades Credit Rating
Moody’s Ratings has upgraded Reliance Industries to Baa1 from Baa2, citing strong financial discipline, diversified operations, and a resilient credit profile. The rating now stands two notches above India’s sovereign rating.
SBI Life Insurance’s board has approved the appointment of Ramesh Venkateshamurthy as Deputy Chief Executive Officer. The appointment became effective on May 29.
(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.)
