Widely read:
Aditya Birla Fashion & Retail (ABFRL) – Flipkart Stake Sale Triggers Sell-off
2★ rated Aditya Birla Fashion & Retail (ABFRL) was the most active stock by volume, with about 16.19 crore shares traded. The stock plunged 10 per cent to Rs 77.40 by close after news that Walmart-owned Flipkart was offloading its 6 per cent stake in ABFRL via a block deal. The sale, executed at a floor price of Rs 80 per share (approximately a 7 per cent discount to the market price), took place on June 4 for a total of approximately Rs 600 crore. This large stake sale generated significant selling pressure, contributing to the outsized trading volume. The development comes shortly after ABFRL demerged its lifestyle brands portfolio into a new entity in late May, a move aimed at unlocking value. While ABFRL’s latest quarterly results showed a narrower net loss (Rs 23.5 crore in Q4 FY25 vs. a Rs 266 crore loss a year ago), the stock’s sharp decline underscores investor caution following the stake sale and a brokerage downgrade post-merger. The company’s core apparel retail business faces intense competition, and its Value Research stock rating remains low at 1 star, reflecting the subdued fundamentals.
Vodafone Idea (IDEA) – Losses Persist Amid Fundraising Plan
Vodafone Idea (IDEA) saw approximately 9.36 crore shares change hands on June 4, making it the second-highest volume by far. The telecom stock ended 1.3 per cent lower at Rs 6.68 as the company’s fragile financial position continues to weigh on sentiment. In its Q4 FY25 earnings, Vodafone Idea reported a massive net loss of Rs 7,166 crore, though this was slightly narrower than the year-ago quarter’s loss. Revenue ticked up 3.8 per cent YoY to Rs 11,013 crore in the quarter, and average revenue per user improved to Rs 175, aided by tariff hikes. The board has approved a fundraise of up to Rs 20,000 crore to fuel operations and the rollout of 5G, but the company remains deeply indebted. Following the government’s conversion of dues to equity, the government now holds a 49 per cent stake in Vodafone Idea, while promoters hold about 26 per cent. Despite network expansion efforts (adding ~6,900 4G towers in Q4) and being India’s third-largest telco, Vodafone Idea continues to lose subscribers (down to 198 million users) and faces an uphill battle to regain market share. The stock’s Value Research rating is at the lower end (≈1 star), mirroring its challenged fundamentals and the uncertain turnaround prospects in the telecom sector.
Yes Bank – Earnings Turnaround Draws Interest
3★ rated Yes Bank was another volume leader, with roughly 9.21 crore shares traded on the NSE. The stock closed marginally lower at Rs 20.75 (down 0.5 per cent), as investors consolidated positions after a recent rally. The private lender’s improving fundamentals have been a key driver of momentum. Yes Bank posted a 63 per cent year-on-year jump in Q4 FY25 net profit to Rs 738 crore, handily beating street estimates. Net interest income grew ~6 per cent YoY to Rs 2,276 crore, and bad loans have fallen sharply – net NPA stood at just 0.3 per cent as of Q4, the lowest since the bank’s 2020 crisis. The return to profitability and strengthening balance sheet signal that the bank’s restructuring efforts under CEO Prashant Kumar are bearing fruit. Loan advances increased by 8 per cent year-over-year (YoY) in FY25, alongside a growing deposit base, reflecting restored confidence among depositors and borrowers. However, the stock is still recovering from its past troubles – it remains down approximately 24 per cent over the past year – and investors are cautious about the stability of valuation and asset quality. Even so, Yes Bank’s turnaround story and inclusion in key indices have kept trading volumes high. The Value Research stock rating for Yes Bank stands at 3 stars, indicating moderate fundamentals with an improving outlook.
Reliance Power (RPOWER) – Profit Turnaround Fuels Rally
Reliance Power continued to see heavy trading interest, with 5.76 crore shares on NSE (ranked fourth in volume) and a 1.4 per cent gain to Rs 59.74 by the close. The Anil Ambani group's power utility has been on an upswing since its recent earnings report showcased a sharp turnaround. Reliance Power reported a consolidated net profit of Rs 126 crore in Q4 FY25, reversing a loss in the same quarter of the previous year. This marked its first meaningful profit in years and helped the stock hit a 52-week high of Rs 60+ in late May. In fact, the stock has been a multibagger, soaring over 100 per cent in the past year as the company’s debt restructuring and cost rationalisation efforts improved investor sentiment. The renewed profitability (Rs 2,948 crore profit for full FY25) and optimism about the power sector’s demand growth have underpinned the rally. On June 4, the stock held near its recent highs, indicating sustained momentum. However, at current levels, the valuations factor in a significant turnaround, and any setback in project execution or debt reduction could temper enthusiasm. Reliance Power’s Value Research rating is 2 stars, reflecting average quality and high leverage; however, the rating may improve if the earnings turnaround proves durable. Broader interest in the energy sector, coupled with the stock’s low absolute price, has kept trading volumes elevated.
Suzlon Energy – Record Profit and Orders Boost Sentiment
3★ rated Suzlon Energy saw about 3.63 crore shares traded, rounding out the top five most active list. The renewable energy equipment maker’s stock eased 1.98 per cent to Rs 66.80 on June 4, as some investors likely booked profits after a strong run-up. Suzlon recently announced stellar Q4 FY25 results, with net profit surging to Rs 1,181 crore from Rs 254 crore a year earlier – a 364 per cent YoY jump. This is the highest quarterly profit the wind turbine manufacturer has recorded in a decade, aided by one-off gains and operational improvements. Revenue for the quarter rose 73 per cent YoY to Rs 3,774 crore, as the company executed its large order backlog. Management highlighted a “record order book” and strong cash position, outcomes of a disciplined turnaround strategy. Indeed, Suzlon has secured major new orders (e.g. 100.8 MW project from Sunsure Energy in April) and India’s push for clean energy (over 50 GW of installed wind capacity nationally now) provides a supportive backdrop. The stock had climbed in recent weeks on these positives, even drawing analyst upgrades, before this session’s mild pullback. At approximately Rs 66, Suzlon has seen significant year-to-date growth, reflecting renewed investor confidence following years of debt restructuring. Its Value Research stock rating of 3 stars indicates mid-range fundamentals; further improvement in profitability and debt reduction could strengthen its rating. Given the government’s ambitious renewable energy targets and Suzlon’s improving execution, the stock continues to attract high trading interest, though volatility remains as investors weigh its turnaround progress against past challenges.
Disclaimer: This story was created with the assistance of artificial intelligence and is intended for informational purposes only. Please take it with a pinch of salt and do your own research or consult a financial advisor before making investment decisions.
Disclaimer: This content is for information only and should not be considered investment advice or a recommendation.
For grievances: [email protected]
Ask Value Research 
New episodes every Friday 
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
