Top stocks to watch today, June 6: Coal India, Ashoka Buildcon, Bajaj Finserv, Power Grid, JSW Energy and more
By Aman Shukla Published on June 6, 2025, 08:34 IST
Benchmark indices continued their upward momentum on June 5. The BSE Sensex rose 443.79 points, or 0.55%, to close at 81,442.04. Meanwhile, the NSE Nifty gained 130.70 points, or 0.53%, to end the session at 24,750.90.
As the markets open on June 6, several stocks are likely to remain in focus due to fresh developments and announcements. Here's a list of key stocks to watch: Stocks to Watch on June 6: Coal India : Signed a non-binding Memorandum of Understanding (MoU) with Indian Port Rail Corporation to develop its rail infrastructure.
Ashoka Buildcon : Received a Letter of Intent (LoI) worth ₹1,390 crore for implementing advanced traffic systems in five circles across Maharashtra.
JSW Energy : Commissioned 281 MW of renewable energy capacity. It also signed a Power Purchase Agreement (PPA) with Adani Electricity for 250 MW of wind power.
Power Grid Corporation : Notified of the start of commercial operations for its transmission network expansion project in Gujarat.
Praj Industries : Entered into a collaboration with Enersur S.A. for the development of a biorefinery project in Paraguay.
Zaggle Prepaid : Announced the acquisition of GreenEdge Enterprises for ₹27 crore.
Inox Green Energy : Promoter increased stake in the company through open market transactions.
Tejas Networks : Received ₹123 crore as the first tranche of Production Linked Incentive (PLI) from the Department of Telecommunications (DoT) for Q3 FY25.
Dhampur Bio Organics : Converted its 100 KL molasses-based distillery into a dual-feed distillery.
Bajaj Finserv : Promoters are expected to offload 1.94% stake via block deals, with a floor price at a 3% discount to the current market price (CMP).
IREDA (Indian Renewable Energy Development Agency) : Launched a Qualified Institutional Placement (QIP) to raise up to ₹4,500 crore. The indicative price is set at a 6.4% discount to CMP.
ZF Commercial Vehicle Control Systems India: Promoters may sell up to 3.13% stake via block deals, with a floor price at a 10% discount to CMP.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ashoka BuildconBajaj FinservCoal IndiaJSW EnergyPower Grid
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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