Stocks to Watch on Tuesday
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Markets slipped under pressure amid global conflict fears, while fresh order wins, capacity expansion and renewable commissioning kept select infrastructure and energy stocks in focus.
✨ Key Takeaways
On Monday, Indian equity benchmark indices opened on a steady note, supported by firm global cues. However, the recovery proved short-lived as selling pressure emerged at higher levels during the session. The weakness intensified through the day, with the index breaching the previous session’s low and slipping below the 23,400 mark.
Sentiment turned cautious amid rising geopolitical tensions. Reports indicated that US military operations targeted Iranian radar and drone command-and-control facilities in Goruk and Qeshm Island over the weekend. In response, Iran’s Islamic Revolutionary Guard Corps reportedly struck an air base used by US forces. The escalation in the US-Iran conflict kept global investors on edge and weighed on risk appetite across markets.
Against this backdrop, select corporate developments are expected to keep specific stocks in focus in Tuesday’s trading session.
PNC Infratech Ltd announced that it has received a Letter of Acceptance dated May 27, 2026, from the Lucknow Development Authority, Uttar Pradesh. The order pertains to the Construction of a four-lane flyover with two loops and two ramps at Shaheed Path Intersection on the right-hand side Bank of the Gomti river in Lucknow.
The project is to be executed on EPC basis, with the total contract value pegged at Rs 194.40 crore, excluding GST. The company received the communication on June 1, 2026, by hand.
Shree Refrigerations Ltd share price may see activity following its announcement of a new manufacturing expansion aimed at strengthening its presence in the Defence and marine HVAC&R segment.
The company will inaugurate a new manufacturing facility at Karad in Satara district, Maharashtra, on June 20, 2026. The facility spans 50,000 square feet and is expected to significantly enhance production capabilities in advanced refrigeration and HVAC systems catering to specialised industrial applications.
Adani Green Energy Ltd shares are expected to remain in focus after its stepdown subsidiary, Adani Hybrid Energy Jaisalmer Five Limited, commissioned a 50 MW Solar power project at Khavda in Gujarat.
With this addition, the company’s total operational renewable energy generation capacity has reached 19,835.8 MW, along with a total operational battery energy storage system capacity of 3,366 MWh. The milestone underscores continued expansion in the renewable energy portfolio across large-scale solar and storage projects.
Disclaimer: The article is for informational purposes only and not investment advice.