&format=webp&quality=medium)
Stocks to Watch Today (June 03, 2026): Indian stock markets are likely to see stock-specific action on Wednesday, June 3. Investors will track NHPC's OFS, the opening of the CMR Green Technologies IPO, business updates from Adani Ports, and a host of corporate announcements across sectors.
NHPC will remain in focus as the retail portion of the government's OFS opens on Wednesday.
The government will use the oversubscription option to sell an additional 3 per cent stake. The non-retail portion was subscribed 3.47 times, indicating strong institutional demand.
CMR Green Technologies' IPO opens on June 3 and closes on June 5.
The company has fixed the price band at Rs 182-192 per share. The IPO size is Rs 631 crore and is entirely an offer-for-sale.
Ahead of the launch, the company raised Rs 188.43 crore from anchor investors, including SBI Contra Fund.
Adani Ports reported strong cargo handling growth in May.
Cargo volumes rose 16 per cent year-on-year to 48.3 MMT. Container volumes increased 17 per cent, while liquid cargo volumes grew 33 per cent.
However, year-to-date rail logistics volumes fell 18 per cent to 96,660 TEUs.
Infosys signed a strategic agreement with DNB Bank ASA.
The partnership will help modernise the bank's financial crime operations. It will also strengthen risk management and compliance systems.
Tech Mahindra entered into a partnership with StackGen.
The companies will work on agentic AI solutions for enterprise cloud platforms.
Concord Biotech received US FDA approval for Mycophenolate Mofetil.
The drug is used in kidney, liver and heart transplant patients. The US market opportunity is estimated at around Rs 286 crore.
Alkem Laboratories launched pre-filled Semaglutide syringes at around Rs 350.
The company said it is the first Indian drugmaker to launch the product in this format at this price. It had launched Semaglutide injection pens earlier this year.
Indiabulls Enterprises will be in focus as its board meets to consider fundraising through a preferential issue.
The company is yet to disclose the size of the proposed fundraise.
Wipro acquired an additional 20 per cent stake in Aggne Global Inc.
The acquisition is expected to strengthen its insurance technology capabilities.
Indian Overseas Bank received approval from IFSCA to set up a unit in GIFT City.
The licence will help expand its international banking operations.
Restaurants Brands Asia received board approval to raise funds through a preferential issue.
The company plans to allot around 12.85 crore shares under the proposal.
Dhanuka Agritech announced a buyback of up to 5 lakh shares.
The buyback price has been fixed at Rs 1,400 per share. The offer will open on June 4 and close on June 10.
Epack Prefab secured a new order worth Rs 165 crore.
The order is related to cell and module manufacturing.
John Cockerill India and its subsidiary secured orders worth around Rs 1,250-1,300 crore.
The order is expected to improve revenue visibility.
Mamata Machinery received a patent from the European Patent Office.
The patent covers its Multi-Purpose Sealing Module technology.
Hexaware Technologies upgraded its Agentverse AI platform.
The company added new governance and security features for enterprise customers.
Anand Rathi Wealth will trade ex-bonus for its 1:1 bonus issue on June 3.
Ashok Leyland will trade ex-dividend for its interim dividend of Rs 2.50 per share.
Investors will also track the anchor lock-in expiry for Wakefit Innovations.