Buzzing Stocks: PNC Infra, IndiGo, Wockhardt rally; Inox Wind slips on weak Q4 results- Grow Mudra

Buzzing Stocks: PNC Infra, IndiGo, Wockhardt rally; Inox Wind slips on weak Q4 results

01 Jun , 2026 By : Debdeep Gupta

Several stocks remained in focus on June 1 as corporate developments, earnings announcements, and regulatory triggers continued to drive market activity.

PNC Infratech shares gained 3 percent in early trade after the company emerged as the lowest bidder (L1) for an Engineering, Procurement and Construction (EPC) project worth ?302.44 crore.

InterGlobe Aviation (IndiGo) shares rose 3 percent despite reporting a net loss of ?2,536.9 crore in the fourth quarter, compared with a profit of ?3,067.5 crore in the year-ago period. Revenue, however, increased 1.3 percent year-on-year to ?22,438.4 crore from ?22,151.9 crore.

Gujarat Gas shares down 1 percent despite the company reported a more than eleven-fold jump in fourth-quarter net profit to ?351.2 crore from ?31.2 crore a year ago. Revenue declined 9 percent year-on-year to ?5,791.8 crore from ?6,363.4 crore.

Marksans Pharma shares edged down after the company signed a definitive agreement to acquire 100 percent of the share capital of QliniQ B.V., a profitable Netherlands-based pharmaceutical company with established sales, marketing and distribution operations across the Dutch healthcare market.

Wockhardt shares surged 11 percent after the US Food and Drug Administration (USFDA) approved the company's antibiotic Zaynich for the treatment of complicated urinary tract infections (cUTIs), including pyelonephritis, in adults caused by susceptible microorganisms.

On the downside, Inox Wind shares fell 7 percent after the company reported a 51.1 percent year-on-year decline in fourth-quarter profit to ?91.3 crore from ?186.8 crore. Revenue also slipped 2.4 percent to ?1,244.2 crore from ?1,274.8 crore in the corresponding period last year.

Market participants said that news flow remains a key driver in the current market environment, with investors closely monitoring corporate announcements and sector-specific developments. As the earnings season progresses, company-specific updates are expected to continue driving stock-specific volatility.