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 27, 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. In today’s list, Zomato, Axis Bank, Dr Reddy’s Laboratories, CSB Bank, Welspun Corp, Tata Power, Federal Bank, Hindustan Copper, Indian Overseas Bank, Oil India, Hindustan Media Ventures, SIS, Gufic Biosciences, GHCL, JM Financial Services , SJVN and Reliance Capital. 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.
Zomato
Food-delivery company Zomato informed the stock exchange that the board has approved the acquisition of 33,018 equity shares of quick commerce company Blink Commerce (BCPL, formerly Grofers India). It is an all-stock deal for Rs 4,447.48 crore. This acquisition is at a price of Rs 13,46,986.01 per share.
Axis Bank
Axis Bank has said that the Reserve Bank has approved the reappointment of Rajiv Anand as Deputy MD for a period of 3 years till August 2025. In January this year, Axis Bank re-appointed Anand as Deputy Managing Director. The period of 3 years will be from 4 August 2022 to 3 August 2025.
Dr Reddy’s Laboratories
Pharma company Dr Reddy’s has announced the acquisition of US-based Eaton Pharma’s branded and generic injectable product portfolio. Dr Reddy’s has made this acquisition through a cash payment of $ 5 million as well as a contingency payment of up to $ 45 million.
CSB Bank
CSB Bank said in its BSE filing that the board has appointed Bhama Krishnamurthy as part-time chairman of the bank. This appointment is subject to the approval of the Reserve Bank of India.
Welspun Corp
Welspun Corp has bagged various orders of around 47,000 MT worth Rs 600 crores. These orders will be executed from India and the US in the oil and gas and water sector. These include an order for the supply of onshore coated pipes and bends for a pipeline project in Australia.
Tata Power
Tata Group’s power company Tata Power Solar Systems said that it has commissioned India’s largest floating solar power project at 101.6 MW Peak (MWP) in Kerala’s backwaters. The project is set on a 350-acre water body in Kayamkulam, Kerala.
Federal Bank
Federal Bank is going to consider fund raising on June 30. The bank said that the board will hold a meeting on June 30 in which proposals to raise funds through issuance of securities will be considered. The board will also consider convening a general meeting to seek approval of shareholders for the fund raising proposals.
Hindustan Copper
Hindustan will meet next week to consider a proposal to raise up to Rs 500 crore by issuing copper debentures. The board of the company in a meeting on June 30 will take approval from shareholders to raise funds by issuing secured or unsecured non-convertible debentures, debentures or bonds on private placement basis up to Rs 500 crore.
