IDFC First Bank, Minda Corp, Hardwyn India , Indian Oil among stocks to watch out for today
Stocks to watch out for today: IDFC First Bank, Minda Corp, Indian Overseas Bank, Hardwyn India, IOC and more
- Jun 5, 2023,
- Updated Jun 5, 2023 11:41 AM IST
Domestic equity markets snapped two-day losing streak on Friday. However, profit booking capped the gains for the traders despite the upbeat global cues. Sensex jumped 118.57 points, or 0.19 per cent to settle at 62,547.11 and Nifty gained 46.35 points, or 0.25 per cent to end at 18,534.10. Broader markets outperformed the headline peers as BSE midcap and smallcap indices settled over a half-a-per cent, each. Fear gauge India VIX dropped over 4 per cent to 11.13-level.
Here’s a look at stocks that are likely to remain in news today.
IOC
Indian Oil Corp has incorporated a JV company with NTPC Green Energy to develop renewable energy based power projects.
Muthoot Capital
The Board of Muthoot Capital will consider a fundraising proposal through issuance of NCDs on June 7.
DCB Bank
DCB Bank has approved the appointment of Ravi Kumar as the chief financial officer of the Bank with effect from June 8.
Hardwyn India
Shares of Hardwyn India Ltd will turn ex-bonus and ex-split today. Hardwyn India announced the sub-division of equity shares in a 1:10 ratio. The issue of bonus shares was done in a ratio of 3:1 ratio. The company had announced the corporate action in May.
Indian Overseas Bank
The Reserve Bank of India has imposed a monetary fine on Indian Overseas Bank for non-compliance of income recognition and other deficiencies in regulatory compliance.
Minda Corp
The Board of Minda Corp has cleared the proposal of raising of funds up to Rs 600 crore through issuance of securities via public or private offerings.
IDFC First Bank
Crisil has upgraded the Bank's rating for Tier-II bonds amounting to Rs 5,000 crore.
Watch: Stocks to watch on June 5, 2023: Bank of Baroda, Apollo Hospitals, Minda Corporation, others
Also read: Adani Ports shares rebound 86% from 52-week low; can they hit four-digit mark?
Also read: Paytm shares operating performance for May; disbursements at Rs 5,502 crore
Domestic equity markets snapped two-day losing streak on Friday. However, profit booking capped the gains for the traders despite the upbeat global cues. Sensex jumped 118.57 points, or 0.19 per cent to settle at 62,547.11 and Nifty gained 46.35 points, or 0.25 per cent to end at 18,534.10. Broader markets outperformed the headline peers as BSE midcap and smallcap indices settled over a half-a-per cent, each. Fear gauge India VIX dropped over 4 per cent to 11.13-level.
Here’s a look at stocks that are likely to remain in news today.
IOC
Indian Oil Corp has incorporated a JV company with NTPC Green Energy to develop renewable energy based power projects.
Muthoot Capital
The Board of Muthoot Capital will consider a fundraising proposal through issuance of NCDs on June 7.
DCB Bank
DCB Bank has approved the appointment of Ravi Kumar as the chief financial officer of the Bank with effect from June 8.
Hardwyn India
Shares of Hardwyn India Ltd will turn ex-bonus and ex-split today. Hardwyn India announced the sub-division of equity shares in a 1:10 ratio. The issue of bonus shares was done in a ratio of 3:1 ratio. The company had announced the corporate action in May.
Indian Overseas Bank
The Reserve Bank of India has imposed a monetary fine on Indian Overseas Bank for non-compliance of income recognition and other deficiencies in regulatory compliance.
Minda Corp
The Board of Minda Corp has cleared the proposal of raising of funds up to Rs 600 crore through issuance of securities via public or private offerings.
IDFC First Bank
Crisil has upgraded the Bank's rating for Tier-II bonds amounting to Rs 5,000 crore.
Watch: Stocks to watch on June 5, 2023: Bank of Baroda, Apollo Hospitals, Minda Corporation, others
Also read: Adani Ports shares rebound 86% from 52-week low; can they hit four-digit mark?
Also read: Paytm shares operating performance for May; disbursements at Rs 5,502 crore