In a volatile market today, some stocks are ready to show action. 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 ie on July 4, 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. Glenmark Pharma, HDFC Bank, HDFC, Avenue Supermarts, Hero MotoCorp, NTPC, CSB Bank, Eicher Motors, Ashoka Buildcon, TVS Motor Company, Mahindra & Mahindra, Bharat Forge, Muthoot Finance, Oil India, Hindustan Zinc, Shares like Phoenix Mills, NMDC, JSW Steel, Hemisphere Properties India are included. 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.
Glenmark Pharma
The USFDA has issued Form 483 with an observation after an inspection of the company’s formulation manufacturing facility at Aurangabad between June 27 and July 1, 2022.
HDFC Bank, HDFC
The biggest transaction in India’s corporate history, the proposal for merger of banking subsidiary HDFC Bank with HDFC has been approved by the stock exchange. Both HDFC Bank and HDFC have got no objection from both the stock exchanges.
Avenue Supermarts
Retail chain D-Mart’s revenue has grown nearly two times year-on-year to Rs 9,806.89 crore in the June quarter. Whereas in the same quarter a year ago, the company’s revenue from operations was Rs 5,031.75 crore.
Hero MotoCorp
Two wheeler maker Hero MotoCorp sold 4.85 lakh units of motorcycles and scooters in June 2022, an increase of 3.3 per cent from 4.69 lakh units on a year-on-year basis. During the quarter ended June 2022, the company sold 13.90 lakh units, a growth of 35.7 compared to the same period last year.
Mahindra & Mahindra
Mahindra & Mahindra sold 54,096 vehicles in June 2022. This is an increase of 64 per cent on an annual basis. Exports in June were 2,777 vehicles, up 7 per cent year-on-year. The company sold 41,848 tractors in June 2022, 13 percent less than the 48,222 units sold in the same month last year.
NTPC
NTPC’s arm NTPC Renewable Energy (NREL) has signed a Memorandum of Understanding (MoU) with the Rajasthan government to develop a 10 GW Ultra Mega Renewable Energy Power Park (UMREPP) in the state. NTPC Group has set a target of 60 GW renewable energy capacity by 2032.
CSB Bank
CSB Bank recorded a year-on-year growth of 16.16 per cent in Gross Advances for the quarter ended June 2022 to Rs 16,332.8 crore. At the same time, total deposits increased by 8.65 percent to Rs 20,266.8 crore.
Eicher Motors
Eicher Motors sold 61,407 units of Royal Enfield in June 2022, which is 43 per cent more than the 43,048 units sold in the same month last year. At the same time, there was 54 percent growth in exports on a yearly basis. In the June quarter, the company sold 1,87,205 units of Royal Enfield, which is 51 percent higher on a year-on-year basis.
