Due to the positive trigger, some stocks may remain in focus in the business of today i.e. June 30. 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 30, 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, stocks like Sobha, Infosys, LIC, GR Infraprojects, Biocon, Karnataka Bank, MTAR Technologies, Minda Industries, Bharat Road Network, Wonderla Holidays, Bharat Road Network, Sundram Fasteners, Home First Finance Company, Hikal and Redington India Are included. Positive activities have been seen in many of these companies. To raise funds to some. Someone has entered into an agreement with another firm to increase the business. At the same time, due to some other activities, today will be in discussion.
Realty firm Sobha has entered into a Joint Development Agreement (JDA) to build a housing project in Chennai. Property consultant Sevilles India said in a statement that it has facilitated a joint development deal for 2.5 acres of land for the company.
Infosys has agreed with Fund III, LP, a venture capital (VC) fund house based out of the US, for an investment of $10 million. The investment is expected to be completed by June 30 this year. It is a minority holding and does not exceed 20 per cent of the fund size.
Insurance company LIC has said that the exercise of determining its embedded value is going on by March 2022 and it is likely to be completed by July 15.
GR Infraprojects has completed the development of Purvanchal Expressway (Package-VII) from Mojrapur to Bijaura in Uttar Pradesh on EPC basis. The completion certificate has been issued by the Independent Engineer on 28 June and the project has been declared fit for entry into commercial operation with effect from 7 March 2022.
Biocon said that it will acquire 26 per cent stake in AMPYR Renewable Energy Resources XI (AREREPL) for Rs 7.5 crore. AREREPL was incorporated on 13th April, 2021. It is a special purpose vehicle formed for the production and supply of solar energy. It will develop a solar power plant of 30 MW capacity at Benkenhall village in Karnataka.
Karnataka Bank has increased the interest rates on deposits of less than Rs 2 crore to 5.50 per cent per annum. This will come into effect from July 1. The bank said it has increased deposit rates by 10 basis points (0.10 per cent) for deposits of 1-2 years as well as deposits above 2-5 years.
Investor Fabmohr Advisors LLP has sold 61,855 equity shares or 0.2 per cent stake in MTAR through an open market transaction on June 28. With this, its stake in the company has come down to 0.79 per cent from 0.99 per cent earlier.