Stocks To Watch On 4 June 2026: NBCC, IEX, Aurobindo Pharma, and More

Indian equity benchmarks ended lower on 3 June, with the Sensex falling 0.41% to 74,346.17 and the Nifty 50 declining 0.33% to 23,405.60. Markets came under pressure from a sharp rise in crude oil prices amid escalating Middle East tensions, while IT stocks witnessed heavy selling, dragging sentiment lower. Investors are now closely watching crude prices and the upcoming RBI policy decision for further market direction.

Stocks In Focus

NBCC

NBCC India announced new work orders worth approximately ₹83.24 crore, excluding GST. Among the contracts secured is a ₹39.99 crore project from Canara Bank for the construction of a residential complex in Borivali West, Mumbai.

Indian Energy Exchange (IEX)

IEX reported an 18.6% year-on-year rise in electricity trading volumes for May 2026. The growth was supported by higher power consumption and record peak electricity demand across the country.

Aurobindo Pharma

The company has entered the biologics contract manufacturing space with the launch of TheraNym, a dedicated biologics contract manufacturing organisation (CMO). The move marks the company’s expansion into a new growth segment within the pharmaceutical industry.

Hero MotoCorp

Hero MotoCorp has introduced its first range of Flex Fuel motorcycles. Further, the company plans to begin sales in Delhi and selected regions of Maharashtra from July 2026.

BHEL

State-run Bharat Heavy Electricals Ltd (BHEL) has signed a contract with Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise for the execution of a project located in Nigeria’s Dangote Industries Free Zone.

IndiGo

InterGlobe Aviation, the parent company of IndiGo, has temporarily suspended flights to and from Kuwait until noon on 4 June 2026, following the continued closure of Kuwaiti airspace. Separately, airline stocks may attract attention after the government approved a ₹10,000 crore Aviation Turbine Fuel (ATF) Price Stabilisation Fund aimed at reducing the impact of volatile jet fuel prices.

Indiabulls

The board has cleared plans to raise funds up to ₹1,000 crore by issuing convertible warrants on a preferential basis.

HFCL

HFCL has approved a series of transactions through its subsidiary, HFCL Advance Systems Pvt Ltd (HASPL), as part of its strategy to strengthen and scale its defence and aerospace operations.

Jain Irrigation Systems

Jain Irrigation Systems has commissioned a large-scale biochar production facility in Jalgaon, Maharashtra. Developed in partnership with industry collaborators, the plant houses one of the world's largest single-unit biochar reactors.

Also Read - Pre-Market 4 June 2026

Sources

Reuters

CNBC TV18