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 3, 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 Tech Mahindra, HDFC, Aether Industries, UltraTech Cement, MTAR Technologies, Hindalco, Muthoot Finance, Pharmaids Pharmaceuticals, GR Infraprojects, BLS International and BLS International. Some companies have made deals with other companies to increase business, while some have better quarterly results. At the same time, some shares will be in discussion today due to other activities.
Tech Mahindra
IT company Tech Mahindra has tied up with Anritsu to set up Internet of Things (IoT) Experience Lab in Fremont, California. The aim of the lab is to create a cast-effective environment for 5G IoT device makers to verify the performance of the device.
HDFC
Leading housing finance company HDFC said that it has collaborated with Accenture to digitally transform its lending business. The objective of the transformation exercise is to make the lending lifecycle of the mortgage financier paperless and agile.
Aether Industries
Today i.e. on June 3, the specialty chemical maker Aether Industries will be listed in the stock market. The company had kept the share price of Rs 642 for the IPO. This issue was subscribed 6.26 times overall.
UltraTech Cement
UltraTech Cement has announced an investment of Rs 12,886 crore for capacity addition to 22.6 mtpa with a mix of brownfield and greenfield expansion. This will be achieved by setting up of bulk terminals along with entry-grade and grinding units. Additional capacity will be created across the country. Commercial production from these new capacities is expected to commence in a phase-wise manner by FY15.
MTAR Technologies
MTAR Technologies has entered into a share purchase agreement with the vendors and GEE PEE Aerospace & Defense Pvt Ltd for acquisition of 100% stake in GEE PEE Aerospace & Defense. The cost of acquisition is Rs 8.82 crore.
Hindalco
Aditya Birla Group company Hindalco has completed the disinvestment process for its subsidiary Hindalco do Brazil Industria Comercia de Alumina Limited.
Muthoot Finance
Muthoot Finance has partnered with Airtel Payments Bank to offer gold loans through the Airtel Thanks app. There will be no processing fee on the loan and Muthoot Finance will provide loan up to 75 per cent of the value of the gold pledged.
