CALCULATE YOUR SIP RETURNS

Stocks to Watch on June 3: Grasim Industries, Adani Group, Biocon and More in Focus

Written by: Neha DubeyUpdated on: Jun 3, 2025, 8:50 AM IST
Markets ended slightly lower on June 2. Stocks in focus for June 3 include Grasim Industries, Adani Group, HCLTech, Biocon, MAN Industries, and others.
Stocks to Watch on June 3: Grasim Industries, Adani Group, Biocon and More in Focus
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Benchmark indices closed marginally lower on Monday. The BSE Sensex dipped by 77.26 points to settle at 81,373.75, while the Nifty 50 slipped 34.10 points to end at 24,716.60.

Let’s take a look at stocks that can shape market action on June 3, 2025.

Grasim Industries

Grasim Industries announced that its Finance Committee has approved the issuance of non-convertible debentures (NCDs) worth up to ₹1,000 crore. The funds will be raised through fully-paid, unsecured, listed, rated, and redeemable rupee-denominated NCDs priced at ₹1,00,000 each.

HCLTech

HCLTech announced a strategic partnership with UiPath, a global leader in agentic automation. The alliance aims to fast-track automation adoption among UiPath clients, enabling intelligent, self-sufficient business operations that need minimal human input across industries.

Adani Group

The Adani Group has reportedly come under the scanner of the US Department of Justice for allegedly importing Iranian liquefied petroleum gas (LPG) into India via the Mundra Port. According to a Wall Street Journal investigation, tankers operating between Mundra and the Persian Gulf exhibited patterns consistent with sanctions evasion.

Zinka Logistics

Quickroutes International is likely to sell a 9% stake in Zinka Logistics Solutions Ltd (known for its digital platform for truck operators) via a block deal, aiming to raise approximately ₹647 crore. The floor price for the stake sale is set at ₹405 per share.

MAN Industries

MAN Industries plans to raise up to ₹300 crore via preferential allotment of convertible warrants and equity shares to promoter and non-promoter entities. The proposal includes 12,19,512 convertible warrants to Man Finance Pvt Ltd at ₹328 each (₹39.99 crore) and 79,26,822 equity shares to non-promoters at the same price (₹259.99 crore).

Conclusion

Markets remain cautious amid regulatory developments and capital-raising announcements. While companies like HCLTech and Grasim Industries show growth initiatives, the Adani Group faces scrutiny, potentially impacting sentiment. Sectors to watch include IT, infrastructure, and pharmaceuticals.

 

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/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 the related documents carefully before investing.

Published on: Jun 3, 2025, 8:50 AM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers