Maruti Suzuki, Tata Motors, Bata India, metal stocks among stocks to watch out for on June 1

Jun 1, 2022

By: Bhakti Makwana

Automobile companies

Shares of automakers like Maruti Suzuki, M&M, Tata Motors, TVS Motors, Ashok Leyland, among others will release their monthly sales data for May.

Credit: BCCL

Bata India

The company's parent firm is reportedly selling 2.8 percent stake in Bata India through a block deal at a floor price of ₹1,750 per share. This is at a 7 percent discount to the current market price.

Credit: BCCL

Bharat Dynamics

The defence company has signed a contract worth ₹2,971 crore with the Ministry of Defence for supply of ASTRA MK-I Beyond Visual Range air to air missile and associated equipment to Indian Air Force and Indian Navy.

Credit: BCCL


The telecom gear maker has received an order worth ₹237.25 crore from a private telecom operator to supply optical fibre cables.

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Rail Vikas Nigam

The company’s joint venture with Bhartia has received an order from Northeast Frontier Railway for construction of single line BG tunnel for a total estimated cost of ₹560.26 crore.

Credit: BCCL

Future group stocks

Kishore Biyani, the promoter of the debt-laden Future Group, is reportedly in talks with Reliance Industries to sell the group’s supply chain and logistics businesses.

Credit: BCCL

Metal stocks

Metal stocks will remain in focus as investor sentiment improves after the world’s largest commodity consumer China announced easing of Covid curbs along with better factory growth.

Credit: BCCL

Religare Enterprises

The company and its subsidiary Religare Finvest paid ₹10.5 crore as settlement fees to market regulator SEBI over a case on alleged financial mismanagement and diversion of funds.

Credit: BCCL

IPO watch

Shares of the largest certifying authority eMudhra will make its debut on exchanges today. The grey market indicates a weak listing as it suggests a discount of ₹10 from the issue price.

Credit: BCCL

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