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.
Created with AI. Errors are possibleHere’s the list of stocks to watch in today’s trading session:
| Stocks in Focus | Why in focus |
| NHPC | OFS fully subscribed; govt raises Rs 4,300 crore |
| Jindal Steel | High Court stays Rs 153.55 crore power dues demand |
| Lenskart Solutions | SoftBank sells 3.25% stake for Rs 2,873 crore |
| GMR Airports | GQG Partners exits 1.8% stake in Rs 1,906 crore deal |
| BHEL | Wins Nigerian order worth Rs 2,000–2,500 crore |
| Aurobindo Pharma | Inaugurates large biologics manufacturing facility |
| Hindustan Unilever (HUL) | Employee count declines 10.7% in FY26 |
| ITC Hotels | Signs 25th Storii-branded property in Guwahati |
| Indian Energy Exchange (IEX) | May power trade volumes rise 18.6% YoY |
| Wipro | Flags legal and business risks from rapid AI adoption |
| Suzlon Energy | Targets 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.
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.
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.
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.
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.
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 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.)
