Stocks to Watch on 1 June 2026: Olectra Greentech, LIC, & More

Indian equity markets are set for a cautious start on Monday, 1 June 2026, after a sharp sell-off in the previous session dragged benchmark indices lower. The Sensex ended 1,092 points lower at 74,775.74, while the Nifty 50 closed at 23,547.75 on 29 May. With fresh Q4 earnings, dividend announcements, order wins, and corporate developments driving sentiment, several stocks are expected to remain in focus in today’s trade.

Stocks In Focus

Olectra Greentech

Olectra Greentech will be closely watched after delivering a strong set of Q4FY26 numbers. The company reported a net profit of ₹56 crore in the March quarter, sharply higher from ₹21 crore in the corresponding period last year, reflecting a 166.7% year-on-year rise.

Life Insurance Corporation of India (LIC)

Life Insurance Corporation of India remains on investors’ radar after management indicated plans to explore a formal fintech entry while also evaluating strategic investment opportunities.

Lupin

Lupin is likely to remain in focus after receiving approval from the US Food and Drug Administration (US FDA) for its bowel-cleansing tablets used before colonoscopy procedures. The newly approved tablets are prescribed to clean the intestines prior to a colonoscopy, helping doctors improve visibility and diagnostic accuracy during the examination.

NMDC

NMDC will also be on investors’ radar after reporting strong fourth-quarter earnings. The state-run mining major posted a 36% year-on-year increase in consolidated net profit at ₹2,017.6 crore. Revenue from operations surged 61.9% to ₹11,343.1 crore, driven by stronger realisations and sales volumes.

PNC Infratech

PNC Infratech will be in focus after securing a fresh engineering, procurement and construction (EPC) contract worth ₹302.4 crore. The work order has been awarded by the Airports Authority of India (AAI) and relates to airport infrastructure development.

Concord Biotech

Concord Biotech may see investor reaction after reporting a softer March-quarter performance. Net profit declined 36.8% year-on-year to ₹88.8 crore. Revenue fell 24.1% to ₹326.1 crore, while EBITDA dropped 37.8% to ₹118.5 crore. Despite the weaker earnings, the company’s board recommended a final dividend of ₹7.55 per equity share.

Inox Wind

Inox Wind will remain on the watchlist after posting weaker quarterly earnings. Net profit for Q4FY26 fell 51.1% to ₹91.3 crore. Revenue slipped 2.4% to ₹1,244.2 crore. EBITDA declined 21.5% to ₹200 crore, while EBITDA margin contracted to 16%, compared with 20% in the corresponding quarter last year.

Lumax Auto Technologies

Lumax Auto Technologies is expected to stay on investors’ radar after posting strong March-quarter earnings. The company reported a 51% year-on-year rise in net profit to ₹88.1 crore. Revenue increased 25.1% to ₹1,417 crore. The board has also recommended a final dividend of ₹5.50 per share.

Other than the above stocks, companies in the textile sector will be in focus after the cotton import duty relief. Textile and apparel shares could see heightened activity after the Centre announced a temporary exemption on customs duty for cotton imports from 1 June to 31 October 2026. The move is aimed at improving cotton availability for the domestic textile sector and easing raw material cost pressures for manufacturers.

Stocks likely to be in focus include Page Industries, KPR Mill, Welspun Living, Gokaldas Exports and Raymond Lifestyle. Market participants will watch whether lower input costs translate into margin improvement across the sector in the coming quarters.

Also Read - Post-Market, 29 May 2026

Sources

CNBC TV18

Moneycontrol