Several companies are in the spotlight today, June 2, 2025, with potential implications for investors. These include Tata Motors, IndiGo, Nykaa, Vodafone Idea, and Coal India. Here’s a summary of the key developments:

Tata Motors

Tata Motors is maintaining a focus on electric vehicles (EVs) and expects low single-digit passenger vehicle (PV) growth in FY26, with a rebound expected in premium hatchback sales following the introduction of the new Altroz version. The company paid ₹38,892 crore in taxes and levies globally in FY25, a slight decrease of 1% compared to the previous year. The EV division is noted as one of the few globally to achieve profitability before depreciation and amortization. Tata Motors is also gearing up to launch the Harrier EV this fiscal year, followed by the Sierra EV, alongside improvements to existing models. Total sales for May 2025 reached 70,187 units.

IndiGo

IndiGo is expanding its international presence and has doubled its Airbus A350-900 order by confirming purchase rights for 30 more widebody aircraft. Deliveries are expected to begin in 2027. The airline is also forming partnerships with Delta Air Lines, Air France-KLM, and Virgin Atlantic to enhance connectivity between India, Europe, and North America. IndiGo will begin flights from Delhi to Amsterdam and Manchester in July, using Boeing 787-9s wet-leased from Norse Atlantic Airways and plans to add London, Copenhagen, and Athens to its European network, pending regulatory approval. Further expanding its long-haul capabilities, IndiGo has signed another firm agreement with Norse Atlantic Airways for the damp lease of two additional Boeing 787-9 Dreamliner aircraft, expected to start operations by early 2026. The airline is also adding 10 new international destinations as part of its 2025 global expansion strategy. The Directorate General of Civil Aviation (DGCA) has granted IndiGo a three-month extension for its damp-leased aircraft from Turkish Airlines, helping manage operations and customer commitments until August 2025.

Nykaa

Nykaa's shares may see activity following its Q4 business update. The company anticipates consolidated net revenue growth in the low to mid-twenties year-over-year (YoY) for Q4 FY25. The gross merchandise value (GMV) growth for the beauty segment is expected to remain ahead of the industry, with net revenue growth in the mid-twenties. Nykaa’s investments in customer acquisition and retail expansion, including 19 new stores in Q4 FY25, are expected to drive growth in the beauty segment. Nykaa has plans to expand its rapid delivery service, Nykaa Now, to more cities after success in metros. Q4FY25 PAT surged 110% to Rs 19 crore. For the full fiscal year 2024-25, profit more than doubled to Rs 66.08 crore, from Rs 32.26 crore in the previous fiscal year. Revenue from operations in FY25 stood at Rs 7,949.82 crore, 24.4 per cent higher than Rs 6,385.62 crore in FY24.

Vodafone Idea

Vodafone Idea (Vi) is focused on fundraising and 5G rollout. The company's board has approved plans to raise up to ₹20,000 crore through equity and debt to strengthen its financial position. Vodafone Idea is launching 5G services in Delhi NCR and plans to expand to all 17 circles by August 2025. Vi has also introduced a new add-on feature in Family Postpaid plans, allowing up to 8 secondary members to be added at ₹299 per member. The telecom company posted a consolidated net loss of ₹7,166.1 crore during the quarter ended March 2025, an improvement from the loss of ₹7,674.6 crore in the year-ago period. Revenue from operations in Q4FY25 rose 3.8% to ₹11,013.5 crore.

Coal India

Coal India is working on diversifying its operations and increasing renewable energy capacity. The company has filed Draft Red Herring Prospectuses (DRHPs) with SEBI for IPOs of its subsidiaries, Bharat Coking Coal (BCCL) and Central Mine Planning & Design Institute (CMPDI). Coal India is targeting a production of 875 million tonnes (MT) and offtake of 900 MT in the 2025-26 fiscal year. Coal India's Q4 results showed a 12% growth in consolidated net profit, reaching ₹9,593 crore, despite a slight dip in revenue. Production experienced a marginal decrease, but offtake remained steady, indicating stable demand. The company is also setting up $3 billion worth of clean energy projects to boost renewable energy heft.

Other Stocks to Watch

Other stocks that may be of interest include HDFC Bank, Pidilite Industries, and DLF, which have received "buy" recommendations from Sumeet Bagadia. Additionally, keep an eye on Piramal Enterprises, which has been recommended as a stock to buy today with specific target prices and stop-loss levels.