SUMMARY
Stocks to Watch: Dalal Street is expected to make a soft start tracing mixed trends across global markets. SGX Nifty futures were 0.6 percent up at 15,866 as of 7:12 am on Wednesday. Shares of Bajaj Finance, Tata Motor, ICICI Prudential Life Insurance among others will be in focus today. Here are top stocks to watch out for in trade on July 6 -
1 / 10Bajaj Finance Ltd | The financial services company booked 74 lakh new loans in April-June 2022, vs 46 lakh in the corresponding period a year ago. The total number of deposits as of June 30 stood at Rs 34,100 crore, a 22 percent year-on-year increase.
2 / 10Tata Motors Ltd | The Bombay High Court on Tuesday upheld Brihanmumbai Electric Supply and Transport Undertaking’s decision to disqualify Tata Motors from a tender bid for operating electric buses in the city.
3 / 10Marico Ltd | The FMCG major on Tuesday reported a volume decline "in mid-single digits" in its India business, as the sector continued to witness "tepid demand" as rising retail inflation exerted pressure on the share of wallet. Current trends indicate that consumers "titrated consumption" in some nonessential categories and either "downtraded among brands or switched to smaller packs" in the essential categories, said Marico.
4 / 10Axis Bank Ltd | Axis Asset Management Company, the mutual fund promoted by Axis Bank, on July 5 said it has completed the probe on two terminated fund managers — Viresh Joshi and Deepak Agrawal — and has submitted the report to the Securities and Exchange Board of India (SEBI).
5 / 10Biocon Ltd | The biopharmaceutical company’s subsidiary Biocon Biologics has received EU GMP certification for Ireland’s Health Products Regulatory Authority for its new biologics manufacturing facility in Bengaluru.
6 / 10ICICI Prudential Life Insurance Company Ltd | The company on Tuesday said it will sell 2.02 percent of its stake in fast food restaurant company Westlife Development. The company's shareholding in Westlife will now be down to 5.13 percent.
7 / 10Tejas Networks Ltd | The Tata Group firm has acquired 60,81,946 shares or 62.65 percent stake in Saankhya at a price of Rs 454.19 per equity share. Saankhya has now become a subsidiary of the company.
8 / 10Britannia Industries Ltd | The company’s shareholders have voted against a resolution to authorise the board to make investments, give loans and provide guarantees of up to Rs 5,000 crore in the AGM concluded last week.
9 / 10Equitas Holdings Ltd | The company on Tuesday said it has divested its entire shareholding in Equitas Technologies Pvt Ltd (ETPL) as part of the requirements in accordance with Reserve Bank of India (RBI) norms for its merger with Equitas Small Finance Bank (ESFB).
10 / 10J Kumar Infraprojects Ltd | The company received a Letter of Acceptance from Brihanmumbai Municipal Corporation, for design, build and commissioning of priority sewer tunnel-Phase I from Don Bosco to New Malad IPS in Mumbai.
