Stocks to watch today, June 2: Indian stocks are set to be driven by a mix of strong monthly sales data, corporate actions and earnings updates on June 2. Auto makers including Maruti Suzuki, Mahindra & Mahindra, TVS Motor and Tata Motors reported robust May sales growth, while Uflex posted a nearly 15 per cent rise in quarterly profit.
Investors will also track NHPC’s stake sale, Ola Electric’s Rs 1,500 crore fundraising plan, NMDC’s higher production, and Anant Raj’s Rs 20,000 crore data centre investment commitment.
Created with AI. Errors are possibleHere’s the list of stocks to watch in today’s trading session:
| Stocks in Focus | Why in focus |
| Uflex | Q4 Profit Rises 15% |
| Maruti Suzuki | May Sales Hit Record 2.43 Lakh Units |
| Tata Motors (PV) | PV Sales Jump 42% YoY |
| Mahindra & Mahindra | Strong Growth in PV and Tractor Sales |
| Hyundai Motor India | Sales Rise 4% YoY |
| Eicher Motors | CV Sales Up 8%; RE Sales Cross 1 Lakh |
| Tata Motors (CV) | CV Sales Grow 17% YoY |
| Ashok Leyland | May Sales Decline 9% YoY |
| TVS Motor Company | Records Highest-Ever Monthly Sales |
| Hero MotoCorp | May Sales Fall 10% YoY |
| Bajaj Auto | Sales Increase 20% YoY |
| Escorts Kubota | Tractor Sales Rise 15% YoY |
| NMDC | May Output Jumps 20% |
| NHPC | Government Launches 6% OFS |
| Fino Payments Bank | Partners Ezee.ai for Lending Push |
| Ola Electric Mobility | Opens Rs 1,500 Crore QIP |
| Lloyds Metals and Energy | BNP Paribas Acquires Stake |
| Coal India | Allocates 84 Lakh Tonnes via E-Auction |
| Wipro | Raises Stake in Aggne Global |
| Axis Bank | Increases Max Life Stake to 19.9% |
| Thomas Cook (India) | Expands Enterprise Services in EU |
| Anant Raj | To Invest Rs 20,000 Crore in Data Centres |
Uflex
Q4 Profit Rises 15 per cent
Uflex Ltd reported a 14.87 per cent increase in consolidated net profit to Rs 196.96 crore in the March quarter, while total income rose 5.69 per cent to Rs 4,097.31 crore.
Reported record May 2026 sales of 2.43 lakh units, up 35 per cent YoY and 1 per cent MoM.
Passenger vehicle sales stood at 59,790 units in May 2026, rising 42 per cent YoY and remaining flat MoM.
Sold 99,636 passenger vehicles in May 2026, up 18 per cent YoY and 5 per cent MoM. While tractor segment sales stood at 49,695 units in May 2026, growing 22 per cent YoY and 3 per cent MoM.
Reported sales of 61,137 units in May 2026, increasing 4 per cent YoY but declining 7 per cent MoM.
Commercial vehicle sales rose to 7,978 units in May 2026, up 8 per cent YoY and 9 per cent MoM. Additionally, Royal Enfield (part of Eicher Motors) sold 1.03 lakh motorcycles in May 2026, up 15 per cent YoY but down 9 per cent MoM.
Commercial vehicle sales reached 32,850 units in May 2026, growing 17 per cent YoY but falling 6 per cent MoM.
Reported May 2026 sales of 14,148 units, down 9 per cent YoY and 3 per cent MoM.
Achieved its highest-ever monthly sales of 5.66 lakh units in May 2026, rising 31 per cent YoY and 19 per cent MoM.
Reported sales of 5.08 lakh units in May 2026, down 10 per cent YoY and 10 per cent MoM.
Sold 4.61 lakh units in May 2026, up 20 per cent YoY but down 10 per cent MoM.
Tractor sales increased to 12,310 units in May 2026, up 15 per cent YoY and 10 per cent MoM.
NMDC
May Output Jumps 20 per cent
State-owned iron ore producer NMDC reported a 19.9 per cent rise in production to 5.31 million tonnes in May, driven by improved operational performance.
NHPC
Govt Launches NHPC OFS
The government will sell up to a 6 per cent stake in NHPC through an offer for sale starting Tuesday, with a floor price of Rs 71 per share.
Fino Payments Bank partnered with fintech platform Ezee.ai to build a lending ecosystem and strengthen capabilities ahead of its transition to a Small Finance Bank.
Ola Electric launched its QIP issue at a floor price of Rs 37.74 per share, aiming to raise up to Rs 1,500 crore from institutional investors.
BNP Paribas acquired nearly 9 lakh shares of Lloyds Metals and Energy worth Rs 161 crore through open market transactions.
Coal India allocated 84.20 lakh tonnes of coal through its SWMA e-auction platform in May, achieving a 33 per cent allocation rate.
Wipro will acquire an additional 20 per cent stake in insurtech firm Aggne Global Inc for $28.5 million, expanding its ownership position.
Axis Bank has raised its stake in Axis Max Life Insurance Company to 19.9 per cent, strengthening its presence in the insurance sector.
Thomas Cook India is expanding support for Indian enterprises in the EU through its Cyprus subsidiary in partnership with Eurobank.
To Invest Rs 20,000 Crore
Anant Raj signed an agreement with the Haryana government to invest Rs 20,000 crore in developing data centre infrastructure across the state.
