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 21st June 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 Ashok Leyland, HUDCO, ONGC, LIC Housing Finance, Adani Power, Bharat Forge, Happiest Mind Technologies, Bank of India, Suven Life Sciences, Fineotex Chemical and Engineers India. Positive activities have been seen in many of these companies. Some have got permission to raise funds, while some have entered into agreements with other firms to increase business. At the same time, due to some other activities, today will be in discussion.
Ashok Leyland
Hinduja Group company Ashok Leyland has strengthened its CNG powered Intermediate Commercial Vehicle (ICV) portfolio with the launch of its Ecomet Star 1115 truck in the 11.44 Ton Gross Value Weight (GVW) category.
HUDCO
Fitch Ratings has confirmed the rating of Housing and Urban Development Corporation (HUDCO) at ‘BBB-‘ level i.e. Sovereign level. The rating agency has downgraded HUDCO’s outlook from ‘negative’ to ‘stable’.
ONGC
The Ministry of Petroleum and Natural Gas has approved extension of additional charge of Alka Mittal, Director (HR) of the post of Chairman and Managing Director (CMD) of ONGC from July 1 to August 31, 2022 or for a further period of two months. Is.
LIC Housing Finance
LIC Housing Finance has said that it has increased its prime lending rate by 60 basis points. The new interest rates on home loans effective from June 20 will now start at 7.50 per cent.
Adani Power
Adani Power completed the acquisition of 100 per cent equity in SPPL and EREPL for approximately Rs 609 crore. On June 7, 2022, the company had signed a share purchase agreement to acquire 100 per cent equity shares of 2 companies Support Properties (SPPL) and Eternus Real Estate (EREPL) from their respective shareholders.
Bharat Forge
Bharat Forge has decided to consolidate its electric vehicle business initiative under a wholly owned subsidiary of Kalyani Powertrain (KPL).
Happiest Mind Technologies
Morgan Stanley Investment Funds offloaded shares of IT company Happiest Mind through an open market transaction for Rs 105 crore. As per the bulk deal data available with BSE, Morgan Stanley Investment Funds Emerging Leaders Equity Fund sold 13,14,055 shares, which is equivalent to 0.9 per cent stake in the company.
Bank of India
Bank of India is considering raising up to Rs 2500 crore in new equity capital. The bank needs to increase the public shareholding to 25 per cent to comply with regulatory norms. Presently the public shareholding in Bank of India is 18.59 percent.
