By keeping a close watch on every movement of stocks, your investment can definitely be protected. Here we are telling such stocks which will be in the news today and on which the market will be eyeing.
TATA MOTORS IN NEWS
JLR’s retail sales fell 18.4% in Q2 on a year-on-year basis while retail sales fell to 92710 units from 113569. JLR sales have declined in most regions.
GLAND PHARMA IN NEWS
The approval for Sugammadex Injection has been received from the USFDA.
SOLAR IND IN NEWS
Orders worth Rs 1471 crore have been received from Coal India. Order has been received for supply of explosives for next 2 years.
TCS results were weaker than expected, know the views of brokerages on this giant IT stock
TEXMACO RAIL IN NEWS
The board has approved the rights issue. The rights issue has been approved in the ratio of 2:7 at the rate of 23.
BANDHAN BANK IN FOCUS
In the second quarter, there has been an increase of 24 percent in deposits of Bandhan Bank and more than 6 percent in ADVANCES. The collection capacity has also improved to 90%. On the other hand, Q2 deposits of EQUITAS SMALL FINANCE BANK have seen a growth of 40%.
RELIANCE IN FOCUS
RELIANCE has made huge investments in green energy. Has bought the world’s largest solar cell manufacturer REC Solar Holdings for over $77 million. RIL Chairman Mukesh Ambani said that the acquisition will give the right direction to the growth. The target is to achieve 100 GW of clean energy in this decade.
STERLING-WILSON IN FOCUS
It will also buy a 40% stake in Sterling-Wilson for the new energy platform. RNESL is a subsidiary of RIL. The company has bought 15.45% stake through preferential allotment at a price of Rs 375. Apart from the open offer, the share will also be bought from the promoter.
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