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 17th 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 Tata Motors, Dr Reddy’s Labs, Wipro, Nuvoco Vistas Corporation, Grasim Industries, RITES, Ansal Housing, Fineotex Chemical, Vakrangee, Dev Information Technology, Mafatlal Industries and Prime Focus. 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.
According to Tata Motors Chairman N Chandrasekaran, amidst many challenges, the company is taking the right and concrete steps to be future ready and strengthen the growth cycle.
Dr Reddy’s Labs
LIC has increased its stake in pharma company Dr Reddy’s to more than 5 per cent by buying shares through open market transactions. This purchase has been made during September 2021 to June 2022 at an estimated cost of Rs 1556 crore.
Wipro has signed an alliance agreement with Eros Investments. Eros Investments has tied up with Wipro to develop Artificial Intelligence (AI) and Machine Learning (ML)-based content localization solution.
Nuvoco Vistas Corporation
Mirae Asset Mutual Fund has bought an additional 6.5 lakh shares in Nuvoco Vistas. Mirae Asset Mutual Fund bought an additional 6.5 lakh equity shares in the company through open market transaction on June 15. After which the fund house’s stake in the company increased to 5.139 per cent, from 4.957 per cent earlier.
Aditya Birla Group company Grasim Industries has announced the appointment of Pawan Jain as the next Chief Financial Officer with effect from August 15, 2022.
Railway consultancy firm RITES said that it has received a contract worth Rs 364.56 crore from the Container Corporation of India. It deals with operation and maintenance of shunting engines for 10 years.