Stocks to watch: PVR, Reliance Industries, Reliance Infra, Quess Corp, Nucleus Software

Here is the list of top stocks that could be in focus on June 3.

Results today: Cupid, GTL Infra, Nucleus Software and Quess Corp are slated to announce their March quarter results on Thursday.

Panacea Biotec: Drug firm Panacea Biotec on Wednesday reported a consolidated net loss of Rs 54.14 crore for the quarter ended March 31, 2021 The company had posted a net loss of Rs69.70 crore for the corresponding period of the previous financial year, Panacea Biotec said in a BSE filing.

PVR: Multiplex operator PVR on Wednesday reported a consolidated net loss of Rs 289.12 crore in the quarter ended on March 31, 2021, as the company continued to be impacted by the COVID-19 pandemic. The company had posted a net loss of Rs 74.49 crore in the same quarter of the last fiscal.

Reliance Infrastructure: Reliance Infrastructure (RInfra) on Wednesday said its board will meet this week to consider raising funds through various means like issuing equity shares, rights issue and qualified institutional placement.

Reliance Industries: After record fundraising and debt prepayments, Reliance Industries now has a strong balance sheet with high liquidity that will support growth plans for its three hyper-growth engines – telecom arm Jio, retail and oil-to-chemicals business, firm’s Chairman and Managing Director Mukesh Ambani said.

NHPC: NHPC said that a meeting of the board of directors of the company is scheduled on 10 June 2021, to consider and approve a proposal to raise debt up to Rs 4300 crore during the financial year 2021-22.

Rossari Biotech: Speciality-Chemicals manufacturer Rossari Biotech announced the acquisition of Unitop Chemicals, a supplier of surfactants, emulsifiers, and specialty chemicals, for Rs 421 crore. Rossari will be acquiring 100 per cent of the equity capital of Unitop Chemicals, the company said in a statement.