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Stocks To Watch: Vedanta, Gland Pharma, YES Bank, Power Grid, BEL, REC, And Others
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Stocks to watch: Shares of firms like Vedanta, Gland Pharma, YES Bank, Power Grid, BEL, REC, and others will be in focus on Thursday's trade
Stocks to Watch on June 05, 2025: Markets saw range-bound trading but managed to end marginally higher on Wednesday, pausing after Tuesday's drop. In today's session, keep an eye on Vedanta, Gland Pharma, YES Bank, Power Grid, and BEL, among others, driven by various news flows.
REC's board has cleared a proposal to raise up to Rs 1.55 lakh crore through private placement of bonds or debentures.
Bharat Electronics
Bharat Electronics (BEL) announced fresh orders worth Rs 537 crore since May 16, 2025. These include communication systems, shipborne equipment, jammers, simulator upgrades, and spares.
Newgen Software
Newgen Software Technologies secured a $2.5 million (about Rs 20.8 crore) international order for its Enterprise Workflow and Content Management System. The deal covers licensing, implementation, and support over five years.
Adani Enterprises
Adani Airports Holdings (AAHL) raised $750 million via external commercial borrowings from a consortium led by First Abu Dhabi Bank, Barclays, and Standard Chartered. Proceeds will refinance debt and fund infrastructure and capacity expansion.
Maruti Suzuki
Maruti Suzuki plans to invest over Rs 925 crore to expand its solar power capacity to 319 MWp by FY31. Recently, it added 30 MWp through projects at Kharkhoda and Manesar, boosting capacity to 79 MWp.
NTPC Green Energy secured 1,000 MW in UPPCL's solar PV auction at a discovered tariff of Rs 2.56 per kWh and signed a PPA for the capacity.
Vedanta
Vedanta's renewable energy power capacity has grown to 1.03 GW, with plans to reach 2.5 GW by 2030.
YES Bank
YES Bank disclosed that Carlyle-owned CA Basque Investments sold a 2.62% stake, reducing its holding to 4.22% and losing board nomination rights.
Gland Pharma
Gland Pharma's unit Cenexi received a final inspection report from France's ANSM with 11 GMP compliance observations at its Fontenay site.
Hindustan Aeronautics
HAL denied reports claiming that talks with GE over local production of GE414 engines have stalled, calling them factually incorrect.
KEC International
KEC International bagged orders worth Rs 2,211 crore across transmission and distribution, oil and gas pipeline, and cables businesses.
Disclaimer:Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
First Published:
June 05, 2025, 07:52 IST
