SUMMARY
Stocks to Watch: The Dalal Street is expected to open in red tracing negative cues from global and Asian markets. SGX Nifty futures fell 2.1 percent to 15,850 as of 7:13 am on Monday. Shares of RBL Bank, HDFC Bank, Astron Paper, Lemon Tree Hotels among a few others will be in focus today. Here are top stocks to watch out for in trade on June 13 -

Bank of Baroda | The financial services company has hiked 10-20 bps marginal cost of funds-based lending rates across loan tenures effective June 12.

RBL Bank Ltd | The Mumbai headquartered bank has appointed R Subramaniakumar as the new MD & CEO for a period of 3 years.

HDFC Bank Ltd | Bank's board approved AGM on July 16 to decide on dividend and statutory auditors' appointments.

IDBI Bank Ltd | Sources suggest that the government is likely to invite initial bids for strategic sale by July-end.

Ratnamani Metals & Tubes Ltd | The mid-cap company's Board has considered and recommended a bonus issue in the ratio of 1:2. The board also proposed a dividend of Rs 14 per equity share or 700 percent for the fiscal year ended March 31, 2022.

Rajesh Exports Ltd | The jewellery exporter is to set up Rs 24,000-crore display fab facility in Telangana, a first of its kind for the state, for manufacturing advanced AMOLED displays.

Astron Paper & Board Mill Ltd | The company registered a sharp decline in consolidated profit at Rs 0.32 crore for the quarter ended March 2022 against a profit of Rs 6.8 crore in corresponding period last year.

Lemon Tree Hotels Ltd | The company has signed a licence agreement for a 44 -room hotel in Gajuwaka, Andhra Pradesh under its brand "Keys Lite by Lemon Tree Hotels".

Krishna Institute of Medical Sciences Ltd | Mirae Asset Mutual Fund has acquired 1,08,472 equity shares in the company through open market transactions.

The Jammu & Kashmir Bank Ltd | The bank announced its board's approval for the appointment of Pratik D Punjabi as the Chief Financial Officer.