Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:

Results Today

Lucent Industries, Padmanabh Alloys & Polymers, Punjab Communications, and Sybly Industries will announce their quarterly earnings on June 3.

Stocks to Watch

Zinka Logistics Solutions

Quickroutes International is likely to sell a 9 percent stake in Zinka, targeting to raise Rs 647 crore, reports CNBC-TV18, quoting sources. The floor price has been fixed at Rs 405 per share. As of March 2025, Quickroutes held a 9.01 percent stake in the company.

HCL Technologies

The global technology company announced a strategic partnership with UiPath to accelerate agentic automation for UiPath customers worldwide. The partnership will drive large-scale transformation for enterprises across industries, enabling more intelligent and self-sufficient business process operations that require minimal human intervention.

Biocon

The biopharmaceutical company has received approval in India for its Liraglutide drug substance, and its wholly owned subsidiary, Biocon Pharma, has received approval for its Liraglutide drug product (6 mg/ml solution for injection in pre-filled pen and cartridge) from the Drugs Controller General of India (CDSCO). This is the generic version of Victoza, indicated for the treatment of insufficiently controlled Type 2 Diabetes Mellitus.

Torrent Power

The company has signed a long-term Sales and Purchase Agreement (SPA) with BP Singapore Pte, a subsidiary of the global energy company bp, for the supply of up to 0.41 million tonnes per annum (MMTPA) of LNG from 2027 to 2036. The LNG procured under this agreement will be utilised to operate its 2,730 MW combined cycle gas-based power plants (GBPPs) in India. It will also support the Torrent Group’s City Gas Distribution (CGD) arm, Torrent Gas, to ensure a reliable supply of gas for households, commercial and industrial consumers, and CNG vehicles.

Jindal Stainless

The company has acquired a 33.64 percent equity stake in Oyster Green Hybrid One, a special purpose vehicle formed in collaboration with Oyster Renewable Energy, to develop a 282 MW hybrid renewable energy project to meet the power requirements of its plants. The company is committed to investing up to Rs 132 crore in Oyster Green for the commissioning of the project, expected by the third quarter of FY26. In the current tranche, upon achievement of milestones, an amount of Rs 79.20 crore is being invested.

Frontier Springs

The company has received orders for air spring assemblies worth Rs 92.6 crore from the Rail Coach Factory, Kapurthala, and Modern Coach Factory, Raebareli.

Man Industries (India)

The Board has approved a proposal to raise to Rs 300 crore through a preferential allotment of convertible warrants and equity shares to a promoter group entity and non-promoters, respectively.

Grasim Industries

The Board has approved the issuance of non-convertible debentures (NCDs) worth up to Rs 1,000 crore, in one or more tranches, on a private placement basis.

Adani Group Companies

US prosecutors are investigating whether Gautam Adani's companies imported Iranian liquefied petroleum gas (LPG) into India through their Mundra port, the Wall Street Journal (WSJ) reported. A WSJ investigation found tankers traveling between Mundra in Gujarat and the Persian Gulf exhibited characteristics that experts say are common among ships evading sanctions. The US Department of Justice is reviewing the activities of several LPG tankers used to ship cargoes to Adani Enterprises. However, Adani has categorically denied any deliberate engagement in sanctions evasion or trade involving Iranian-origin LPG, and stated that it is not aware of any investigation by US authorities on this subject.

Bulk Deals

Schloss Bangalore

WF Asian Reconnaissance Fund, the Hong Kong-based hedge fund managed by Ward Ferry Management, has acquired 16.83 lakh shares (0.5 percent stake) in the Leela Hotels operator at an average price of Rs 434.13 per share.

Thomas Scott (India)

Stellar Wealth Partners India Fund I LP sold 62,568 shares (0.42 percent stake) in the company at an average price of Rs 297.4 per share.

Niva Bupa Health Insurance Company

Fettle Tone LLP sold 8.14 crore equity shares in the insurance company at an average price of Rs 82.76 per share, and 9.14 crore shares at an average price of Rs 82.11 per share, amounting to a 9.46 percent stake worth Rs 1,425.2 crore. Additionally, Krishnan Ramachandran sold 1 crore shares at an average price of Rs 82.3 per share. Together, Fettle Tone LLP and Krishnan Ramachandran sold a 10.01 percent stake in the company.

However, DSP Mutual Fund and SBI Mutual Fund acquired 6.48 crore shares (3.5 percent stake) in the company at an average price of Rs 82 per share, valued at Rs 531.49 crore. Furthermore, M. Pallonji and Co. bought 1.35 crore shares in Niva Bupa at an average price of Rs 83.95 per share. As of March 2025, Fettle Tone LLP held a 17.47 percent stake in Niva Bupa.

Deepak Builders & Engineers India

Yuyu Family Private Trust bought 2.85 lakh shares in the company at an average price of Rs 142.01 per share.

Block Deals

AU Small Finance Bank

Tata AIG General Insurance Company acquired 9.01 lakh shares (0.12 percent stake) in the small finance bank at an average price of Rs 693 per share, from Leapfrog Rural Inclusion (India).

Mainboard Listing

Prostarm Info Systems

SME Listing

Blue Water Logistics

Astonea Labs

Nikita Papers

Stocks Trade Ex-Dividend

Larsen & Toubro

Atishay

Nuvama Wealth Management

Sunshield Chemicals

Stock Trades Ex-Date for Rights

Rajnish Wellness

Stock Trades Ex-Date for Income Distribution (InvIT)

Capital Infra Trust

Stock in F&O Ban

Manappuram Finance