
Indian Equities: Infosys, Bliss GVS Pharma, Vedanta, John Cockerill, Concord Biotech, Rajnandini Fashion, Anand Rathi Wealth Stocks to Watch on June 3
Stock Market Update: Key Developments to Watch
The stock market is set for a busy trading day, with several notable announcements and developments that investors should be aware of. Here's a rundown of the key stocks to watch:
Infosys Expands Strategic Collaboration with DNB Bank ASA
Infosys has announced an expansion of its strategic collaboration with DNB Bank ASA, Norway's largest bank. The partnership aims to modernize the bank's Financial Crime (FinCrime) operations using the NICE Actimize X-Sight Enterprise platform.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
Vedanta Faces Enforcement Directorate Probe
The Enforcement Directorate (ED) has visited some offices of Vedanta and its subsidiary, Hindustan Zinc. The company has stated that it is extending its full cooperation to the authorities and providing all the necessary information.
Bliss GVS Pharma Receives WHO Inspection Closure Report
Bliss GVS Pharma's manufacturing facility in Palghar, Maharashtra, has received an Inspection Closure Report from the World Health Organization (WHO), Geneva, Switzerland. The facility has been confirmed to be compliant with the Good Manufacturing Practices (GMP) standards published by the WHO.
Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
Dhanuka Agritech Announces Share Buyback Offer
Dhanuka Agritech has announced a share buyback offer worth up to Rs 70 crore, which will open on June 4. The company aims to purchase up to 5 lakh shares under the buyback offer at Rs 1,400 per share.
Advait Energy Transitions Executes Battery Energy Storage Purchase Agreement
Advait BESS Bhesaan, a subsidiary of Advait Energy Transitions, has executed a Battery Energy Storage Purchase Agreement (BESPA) with Gujarat Urja Vikas Nigam (GUVNL) for the development of a standalone Battery Energy Storage System (BESS) project with an aggregate capacity of 150 MW/300 MWh.
John Cockerill India Receives Rs 1,250-1,300 Crore Order
John Cockerill India has received an order worth Rs 1,250-1,300 crore from JSW Vijayanagar Metallics for a CRNO project.
Canara Bank Approves Capital-Raising Plan
Canara Bank's board has approved the bank's capital-raising plan for FY27, amounting to up to Rs 8,500 crore through debt instruments. The bank plans to raise up to Rs 4,500 crore through Basel III-compliant Additional Tier-I Bonds and up to Rs 4,000 crore through Basel III-compliant Tier-II Bonds.
Concord Biotech Receives USFDA Approval
Concord Biotech has received approval from the US Food and Drug Administration (USFDA) for its ANDA for Mycophenolate Mofetil for Oral Suspension USP, 200 mg/mL. Mycophenolate mofetil is an antimetabolite immunosuppressant indicated for the prophylaxis of organ rejection in adult and pediatric recipients aged three months and older who have undergone allogeneic kidney, heart, or liver transplants, in combination with other immunosuppressants.
Adani Ports Registers 16 Percent Year-on-Year Growth
Adani Ports handled a cargo volume of 48.3 MMT in May 2026, registering 16 percent year-on-year growth, led by liquids and containers. Logistics rail volume during May 2026 stood at 48,170 TEUs, down 19 percent year-on-year.
InterGlobe Aviation Temporarily Discontinues Manchester Flight Operations
Due to continuing international airspace constraints, resulting in significantly increased flight durations and a challenging cost environment, IndiGo will temporarily discontinue its flight operations to and from Manchester with effect from August 31, 2026.
Bulk and Block Deals
| Company | Investor | Number of Shares | Transaction Price |
|---|---|---|---|
| Alkem Laboratories | Jayanti Sinha | 12.38 lakh | Rs 5,200 |
| Alkem Laboratories | Samprada & Nanhamati Singh Family Trust | 5.5 lakh | Rs 5,200 |
| Alkem Laboratories | ICICI Prudential Mutual Fund | ||
| Alkem Laboratories | HDFC Mutual Fund | ||
| Alkem Laboratories | DSP Mutual Fund | ||
| Alkem Laboratories | BNP Paribas Arbitrage | ||
| Alkem Laboratories | Societe Generale | ||
| Alkem Laboratories | Nippon India Mutual Fund | ||
| Alkem Laboratories | Morgan Stanley Asia Singapore | ||
| Alkem Laboratories | Goldman Sachs Bank Europe | ||
| Alkem Laboratories | Edelweiss Mutual Fund | ||
| Neogen Chemicals | Axis Mutual Fund | 2.66 lakh | Rs 1,788.01 |
SME Listing
- Rajnandini Fashion India
Stock Trades Ex-Date for Bonus
- Anand Rathi Wealth
- Ashok Leyland
- Foseco India
- Monarch Surveyors and Engineering Consultants
- Navneet Education
- Remsons Industries
Stock Trades Ex-Dividend
- Sir Shadi Lal Enterprises
Stocks in F&O Ban
- Amber Enterprises India
- Kaynes Technology India
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