Stocks to Watch Today: Alkem Laboratories, Ola Electric, PNC Infratech, Equitas Small Finance Bank, NHPC, Anant Raj and SoftTech Engineers (June 2, 2026)

In the previous trading session, investors remained focused on corporate developments, fundraising plans, government stake sale announcements and infrastructure project awards that could influence stock-specific movements. 

Market participants are expected to closely monitor companies announcing strategic investments, regulatory approvals, management changes and business expansion initiatives, which may impact trading sentiment during today's session. 

Alkem Laboratories Ltd 

Samprada and Nanhamati Family Trust are expected to sell up to a 1.5% stake in Alkem Laboratories through a block deal.  

The floor price for the transaction has been fixed at ₹5,200 per share. Investors will closely track the outcome of the stake sale and its impact on market sentiment. 

Ola Electric Mobility Ltd 

Ola Electric Mobility has launched its Qualified Institutional Placement (QIP) and fixed the floor price at ₹37.74 per share. The fundraising initiative is aimed at strengthening the company’s financial position and supporting future growth plans. 

PNC Infratech Ltd 

PNC Infratech has received a Letter of Acceptance worth ₹194.4 crore from the Lucknow Development Authority for the construction of a four-lane flyover with associated loops and ramps at the Shaheed Path intersection in Lucknow, Uttar Pradesh. The project is expected to enhance the company’s order book visibility. 

Equitas Small Finance Bank Ltd 

The Reserve Bank of India has approved Mirae Asset Mutual Fund to acquire an aggregate holding of up to 9.50% of the paid-up share capital or voting rights in Equitas Small Finance Bank. The approval is expected to attract investor attention towards the banking stock. 

NHPC Ltd 

The Government of India plans to sell up to a 6% stake in NHPC through an Offer for Sale (OFS), including a greenshoe option of 3%. The floor price has been set at ₹71 per share. The OFS opens for non-retail investors on 2 June and for retail investors on 3 June. 

Read More: IEX Launches Wholly Owned Subsidiary Indian Coal Exchange Limited for Online Coal Trading! 

Anant Raj Ltd 

Anant Raj has entered into a framework for collaboration with multiple Haryana government departments and agencies to support the development of data centre and cloud infrastructure in the state. Under the arrangement, the company plans to invest approximately ₹25,000 crore in data centres and cloud services in Haryana, strengthening its presence in the digital infrastructure segment. 

SoftTech Engineers Ltd 

SoftTech Engineers has partnered with the Brihanmumbai Municipal Corporation (BMC) to develop and launch CivitTWIN, described as India’s first AI-powered Digital Approval Twin for building permits. The initiative highlights the company’s focus on digital transformation and smart governance solutions. 

Wipro Ltd 

Wipro’s step-down subsidiary, Wipro IT Services, will acquire an additional 20% stake in Aggne Global Inc. The transaction is expected to be completed by 5 June and will increase Wipro’s ownership in the company, reinforcing its capabilities in specialised technology services. 

Canara Bank 

The Central Government has appointed Brajesh Kumar Singh as the Managing Director and Chief Executive Officer of Canara Bank. The leadership transition is expected to remain in focus among investors. 

Conclusion 

Stake sale announcements, fundraising initiatives, infrastructure contract wins, strategic investments and government divestment plans are likely to drive stock-specific action in today's trading session. Investors may continue to monitor these developments for indications of near-term market movement. 

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.