Due to the positive trigger, some stocks may remain in focus in today’s trading. If you are looking for better stocks in intraday, then you can keep an eye on them.
Stocks in Focus Today: In the volatile market today i.e. on June 29, 2022, some stocks are ready to show action. Due to the positive trigger, these stocks can remain in focus in the market today. If you are looking for better stocks in intraday, then you can keep an eye on them. Today’s list includes stocks like SBI, CONCOR, India Cements, Route Mobile, J&K Bank, PTC India, Fino Payments Bank, Godawari Power & Ispat, Shri Bajrang Alliance, Hazoor Multi Projects, Orient Bell and Godawari Power & Ispat. Positive activities have been seen in many of these companies. To raise funds to some. Someone has made an agreement with another firm to increase the business. At the same time, due to some other activities, today will be in discussion.
SBI has entered into an agreement for investment of Rs 4 crore in equity shares of NBFC-account aggregator Perfios Account Aggregation Services Pvt Ltd. This investment will be subject to the approval of RBI. SBI will hold 9.54 per cent stake in Perfios Account Aggregation.
According to a report, state-run logistics solutions provider CONCOR is expected to see a strong pick-up in volumes with the commissioning of the Dedicated Freight Corridor (DFC).
India Cements has said that it has completed the acquisition of the entire paid up equity and preferential share capital of Springway Mining (SMPL). SMPL has become a wholly owned subsidiary of India Cements with effect from June 27, 2022. SMPL is in the process of setting up a cement plant in Madhya Pradesh.
Route Mobile said that the board has approved the proposal for buyback of equity shares of the company up to Rs 120 crore at a price of up to Rs 1700 per share. The maximum buyback share size will be 7.05 lakh equity shares, which is 1.12 per cent of the paid up equity.
J&K Bank said that it will raise up to Rs 2000 crore through a mix of debt and equity in the financial year 2022-23. The board of directors of the bank in its meeting held on June 28 has approved the plan to raise capital.
PTC India has said that it has completed the consultancy work for the Visakh Refinery Modernization Project for HPCL. HPCL intends to increase the refining capacity from 8.5 MMTPA to 15 MMTPA under this project.
Fino Payments Bank
Fino Payments Bank has said that the current growth momentum of the company will continue amid rising interest rates. Going forward, Current and Savings Account (CASA) and Cash Management Services (CMS) will be the major revenue streams for the new generation digitally focused bank.