Company actions, fund house views, and economic outlook for June 5, 2025:

>> Energy, Utilities & Power
Tata Power: MS maintains Overweight, TP ₹449 (Positive)

JSW Energy: Ex-Date tomorrow, Dividend ₹2/sh (Neutral)

Vedanta: Renewable energy capacity increased to 1.03 GW; targets 2.5 GW by 2030 (Neutral)

Torrent Power: Ex-Date tomorrow, Dividend ₹5/sh (Neutral)

>> Auto & EV
M&M:

HSBC maintains Buy, TP ₹3470

EV margins may rise to mid-single digits; PLI may aid profitability (Positive)

Tata Motors:

MS: Equal weight, TP ₹715

Nomura: Neutral, TP ₹799 (Neutral)

Escorts Kubota: Commercial launch of backhoe loader ‘BLX 75’ (Positive)

Force Motors: Sales up 19.1% YoY to 3,088 units (Positive)

CITI on Auto Sector:

Margin pressure expected from metal prices and regulatory costs (Neutral)

>> Industrials, Infra & Logistics
Adani Ports: Kotak maintains Buy, TP ₹1750

Logistics capex base may double to $4bn in 5 yrs (Positive)

Container Corporation: Ex-Date tomorrow, Dividend ₹2.0/Sh (Neutral)

Welspun Corp: PCOD received for Aunta–Simaria Ganga Bridge Project, Bihar (Positive)

Dynamic Services: ₹20 Cr Railway cleaning contract (Positive)

Krystal Integrated: ₹7.7 Cr AAI contract at Vijayawada Airport (Positive)

Global Offshore Services: Acquired anchor-handling tug/supply vessel (Positive)

Deepak Builders: Final dividend ₹1/sh (Neutral)

>> Cement & Real Estate
Jefferies on Cement:

Strong Q4, Q1 to benefit from Southern price recovery (Positive)

Embassy Office Parks: HSBC maintains Buy, TP ₹435 (Positive)

Brookfield REIT: HSBC maintains Buy, TP ₹330 (Positive)

>> Telecom, Tech & IT
Jefferies on Telecom:

Revenue growth expected at 14% CAGR (FY25–27)

Bharti Airtel is the Top Pick (Positive)

Infosys: MS maintains Overweight, TP ₹1800 (Neutral)

Newgen Software: $2.5 million international order win (Positive)

>> Consumer & FMCG
Godrej Consumer: MS maintains Overweight, TP ₹1431

Earnings likely to improve with stronger consumer segment performance (Positive)

ITC Hotels: Launched ‘Yura’ targeting India’s dessert market (Positive)

>> Textiles & Apparel
Welspun Living: Jefferies initiates Buy, TP ₹185

Branded expansion, EPS CAGR of 18% expected FY25–28 (Positive)

Trident Texofab: Converts 481,907 warrants into equity shares @ ₹70 (Neutral)

>> Banking & Financial Services
Moody’s on Indian Banks: Asset quality stable; RBI’s gold loan draft may slow growth (Neutral)

Yes Bank: Resignation of Country Head – Private Banking (Neutral)

Protean eGov: EVP appointment (Neutral)

Suryoday Small Finance: New Head-Customer Experience appointed (Neutral)

Bank of Baroda: Ex-Date tomorrow, Dividend ₹8.35/sh (Neutral)

ICICI Lombard: MS maintains Equal weight, TP ₹1855 (Neutral)

HDFC AMC: Ex-Date tomorrow, Dividend ₹90/sh (Neutral)

>> Commodities & Metals
JSW Steel: MS maintains Equal weight, TP ₹1000 (Neutral)

Jindal Saw: Ex-Date today, Dividend ₹2/sh (Neutral)

Tata Steel: Ex-Date tomorrow, Dividend ₹3.6/sh (Neutral)

HAL: Denied stalled talks with GE on engine program (Neutral)

>> Aerospace, Engineering & Manufacturing
Sansera Engineering: Long-term contract from Airbus Defence & Space (Positive)

United Heat Transfer: PO from Burckhardt Compression (Positive)

Mega Corporation: Appointed Surendra Chhalani as CFO (Neutral)

Ajanta Soya: CRISIL outlook revised to ‘Positive’, rating reaffirmed at BBB- (Positive)

Clean Science: Invests ₹33 Cr in subsidiary Clean Fino-Chem (Neutral)

>> Hospitality & Retail
Royale Manor Hotels: CFO resignation (Neutral)

Osia Hyper Retail: Credit rating upgraded (Positive)

>> Healthcare
Dr. Lal PathLabs: Ex-Date tomorrow, Dividend ₹6/sh (Neutral)

Niva Bupa: Resignation of Sr. Mgmt Personnel (Neutral)

Gland Pharma: France’s ANSM issued final GMP report with 11 observations (Negative)

>> Green & Renewable Energy
Adani Enterprises (Airports): Secured $750 million funding (Neutral)

>> Market Ratings – Fund Houses & Brokerages
Nomura on CEAT: Buy, TP ₹3945 (Positive)

Nuvama on CEAT: Buy, TP ₹3800 (Neutral)

HSBC on Indian Economy: Expects sub-target inflation and 25 bps rate cut (Positive)

>> Corporate Actions – Dividends / Buybacks / Bonus
Rallis India: Ex-Date today, Dividend ₹2.5/sh

LTTS: Dividend ₹38/sh

India Mart: Dividend ₹50/sh

TAAL Enterprises: Dividend ₹30/sh

Technocraft: Dividend ₹20/sh

Shilchar Tech: Bonus issue 1:2

SIS: Buyback @ ₹404/sh

Other companies announcing Ex-Dates tomorrow include: High Energy, IFGL, RK Forging, Maitan Alloys (All Neutral)