The GIFT Nifty indicates that the Indian stock markets will likely open on a higher note. If you’re unsure which stock to focus on in Monday’s trade. Here are updates on all the stocks making headlines. You can check these stocks to stay informed about all the key developments.
Earlier on Friday, the NSE Nifty 50 closed the session 83 points or 0.33% lower at 24,750.70, while the BSE Sensex fell 182 points or 0.22% to close at 81,451.
Stocks to watch on June 02, 2025
Vodafone Idea
Vodafone Idea (Vi), the embattled telecom giant, reported a consolidated net loss of Rs 7,166.1 crore for the fourth quarter of FY25, a slight improvement from Rs 7,674.6 crore in the same quarter last year. However, the losses increased from Rs 6,609.3 crore in the previous quarter, highlighting persistent operational and financial headwinds. Revenue from operations grew 3.8% YoY to Rs 11,013.5 crore in Q4FY25, offering a modest boost.
The board of beleaguered telco Vi has approved another round of fundraising amounting to Rs 20,000 crore, while the operator’s net loss widened sequentially in the March quarter. Vi informed the exchanges tha,t subject to shareholder approval and/or other requisite regulatory/statutory approvals, the firm can look to raise an additional Rs 20,000 crore in one or more tranches.
Niva Bupa Health Insurance
Fettle Tone and Krishnan Ramchandra are expected to pare stake via block deals on Monday in Niva Bupa Health Insurance Company Ltd. Fettle Tone and Krishnan Ramchandra may sell 7.2% stake in the company through block deals, reported CNBC-TV18, citing sources. The offer price for the block deal is Rs 82 per share, which is an 11% discount compared to Friday’s closing price for Niva Bupa. At the offer price, the total size of the block deal comes up to Rs 1,082 crore.
LTIMindtree
LTIMindtree said its chief executive officer and managing director, Debashis Chatterjee, has retired, citing personal reasons. The company’s Board of Directors, at LTIMindtree’s AGM held on Friday, has appointed Venu Lambu, currently CEO-designate, as the new chief executive officer & managing director effective May 31, 2025.
FSN E-Commerce (Nykaa)
Nykaa plans to expand its rapid delivery service, Nykaa Now, to more markets after a successful rollout in key metros earlier this year. “Nykaa Now is live in the metros and has got relatively good traction. We’ve been delivering items in 60 minutes, and the service is well beyond the test phase.” Anchit Nayyar, executive director and chief executive officer – beauty e-commerce, FSN E-commerce, said during the firm’s post-earnings call on Friday.
HUL
Rohit Jawa, chief executive officer (CEO) and MD of Hindustan Unilever (HUL), the country’s largest consumer goods company, saw a 3.75% hike in his total remuneration for FY25 at Rs 23.23 crore, according to the company’s latest annual report, coming at a time when the company has been battling urban slowdown concerns. HUL, which owns popular brands such as Rin, Lux, Surf Excel, Pond’s, Dove, Horlicks and Bru among others, had a turnover of Rs 60,680 crore and profit after tax of Rs 10,644 crore in FY25.
Mazagon Dock Shipbuilders
Mazagon Dock Shipbuilders is expecting revenue growth to be between 8% and 10% for the financial year 2026, while its Profit Before Tax (PBT) margins are likely to be at 15% for the new financial year, the management of the defence PSU said in its earnings call on Friday, May 30. The company’s management, in earlier interactions, has guided for revenue growth to be between 10% and 12% for the current financial year as well.
Gokaldas Exports
Gokaldas Exports aims to expand its footprint in the UK and EU while maintaining key businesses in the US, buoyed by its highest-ever overall income for FY25. Speaking to FE, Gokaldas Exports’ Vice Chairman and Managing Director, Siva Ganapathi, shared the company’s expansion plans for the coming fiscal while discussing industry trends. “Currently, the UK market constitutes 5% of our overall revenue. While it would take about a year for the India-UK free trade agreement (FTA) to take flight, we could double that figure,” he said.
M&M
Mahindra & Mahindra on Sunday reported a 17% year-on-year increase in total sales at 84,110 units in May. In the utility vehicles segment, the Mumbai-based automaker sold 52,431 vehicles in the domestic market, a growth of 21%, as compared to 43,218 units in May last year.
IRB Infrastructure Developers
IRB Infrastructure Developers said it will transfer three highway assets valued at approximately Rs 8,450 crore to its publicly listed investment arm, IRB InvIT Fund, under a binding agreement signed by its associate IRB Infrastructure Trust. The Build-Operate-Transfer (BOT) assets — IRB Hapur Moradabad Tollway, Kaithal Tollway, and Kishangarh Gulabpura Tollway — are expected to be transferred by the second quarter of the financial year ending March 2026, the company said in a regulatory filing.