On Tuesday, June 3, 2025, Indian equity markets extended their decline for the third straight session, weighed down by weak global cues and concerns over foreign fund outflows. The BSE Sensex fell 636.24 points, or 0.78 percent, to close at 80,737.51, while the Nifty 50 dropped 174.10 points, or 0.70 percent, ending the day at 24,542.50.
Broader markets showed mixed trends. The Nifty Midcap 100 index declined 0.45 percent to close at 57,517, while the Nifty Smallcap 100 edged up by 0.10 percent to finish at 18,114, indicating selective buying in the small-cap space despite overall market weakness.
Among sectoral indices, the Nifty Realty index emerged as the top performer, gaining 0.84 percent for the second consecutive session amid expectations of a rate cut. In contrast, sectors such as IT, PSU Banks, Financial Services, FMCG, and Energy witnessed selling pressure and contributed to the market’s negative sentiment.
Investor mood remained cautious, influenced by ongoing global uncertainties including U.S. trade tariff concerns and geopolitical tensions. Despite the overall market downturn, strength in select small-cap stocks suggests a targeted approach by investors, looking for opportunities in specific segments amid broader challenges.
Here are a few stocks to watch out for today:
1. Zydus Lifesciences Ltd
Leading pharma stock, Zydus Pharmaceuticals USA, a subsidiary of Zydus Lifesciences, is acquiring two biologics manufacturing facilities in California from Agenus for up to USD 125 million. This move marks Zydus’s entry into the global biologics CDMO business, strengthening its manufacturing capabilities and global presence. On Tuesday, Zydus Lifesciences Ltd closed at Rs.925.25 per share, down 0.30 percent from the previous close.
2. Techno Electric & Engineering Company Ltd
Shares of leading infrastructure company, Techno Electric & Engineering Company Ltd closed at Rs.1,465.00 per share, up 1.6 percent from the previous close. Techno Electric has been chosen by RailTel Corporation as its Managed Service Data Centre Partner to set up a 10MW data centre in Noida in phases. The project will follow a revenue-sharing model and is subject to conditions outlined in the Letter of Intent and final contract.
3. Urban Enviro Waste Management Ltd
Waste Management Company, Urban Enviro Waste Management Ltd closed at Rs.147.15 per share, down 5 percent from the previous close. The company has received a work order worth Rs.10.35 crores to develop a solid waste processing plant for Savarkundla Nagarpalika. The project, under the Swachh Bharat Mission, will be executed on a Design, Build, Operate, and Transfer basis over 7 years.
4. Solarium Green Energy Ltd
Green Energy stock, Solarium Green Energy Ltd closed at Rs.376.00 per share, down 1.89 percent from the previous close. Solarium Green has partnered with WattPower to expand the distribution of solar inverters in Madhya Pradesh and Maharashtra. This collaboration aims to boost solar energy use and provide clean, reliable power to both urban and rural areas.
5. NLC India Ltd
NLC India Renewables Limited and Rajasthan Rajya Vidyut Utpadan Nigam Limited have formed a joint venture called NIRL Rajasthan Renewables Limited, with equity shares of 74:26. The company was officially incorporated on 2nd June 2025 to work on green energy projects. The shares of the company closed at Rs.232.78 per share, 2.83 percent down from the previous close.
6. Trom Industries Ltd
Solar stock, Trom Industries Ltd has received a domestic order from Hermes Technologies Private Limited for the supply, installation, testing, and commissioning of a 1 MW grid-connected ground-mounted solar PV plant. The order, valued at Rs.3.36 crores including GST, is to be completed within the current year. The shares of the company closed at Rs.116.20 per share, 17.03 percent down from the previous close.
Written by – Siddesh S Raskar
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