Here is a list of top 10 stocks that are likely to be in focus on Monday:
ICICI Bank: The bank on Saturday registered a jump of 58 percent in the consolidated net of the March quarter 7,719 crore, helped by a sharp reduction in funds set aside for bad loans. On a standalone basis, the second largest private sector lender jumped 59 per cent 7,019 crore for the January-March quarter of 2021-22. It ended the financial year FY22 with a growth of 44 per cent in the bottom line 23,339 crores.
Reliance IndustriesMukesh Ambani-led company said on Saturday The Rs 24,713-crore deal for acquisition of Future Group assets may not be implemented after the secured creditors of Kishor Biyani-led companies voted against the proposal. many listed Future Group Institutions – Future Retail Limited, Future Enterprises Limited (FEL), Future Market Networks Limited, Future Consumer Limited, Future Supply Chain Solutions Ltd. And Future Lifestyle Fashion Ltd. It also said in its respective regulatory filings on Saturday that the overall plan of arrangement with Reliance Group’s entities can no longer be implemented due to the outcome of the voting.
HDFC bankThe bank on Saturday announced a dividend of 1550 per cent or 15.50 per share to its shareholders for the financial year 2021-22. The board has recommended dividend in its meeting HDFC Bank said in a regulatory filing that Rs 1 (1550 per cent) of the net profit for the year ended March 31, 2022 is Rs 15.50 per equity share.
Hindustan ZincVedanta Group firm Hindustan Zinc Ltd on Friday reported 18 per cent rise in consolidated net profit 2,928 crore for the quarter ended March 31, 2022, on account of higher volumes and increase in metal prices.
Aditya Birla CapitalICICI Bank veteran Visakha Mulay will take over as chief executive of Aditya Birla Capital, the non-bank lender said on Saturday. According to Aditya Birla Capital’s announcement to the exchanges, ICICI Bank executive director in charge of the wholesale banking portfolio will assume his role on June 1.
RailTel Corporation of IndiaRailTel Corporation of India, a Mini Ratna Central Government PSU under the Ministry of Railways has received a work order Rail Vikas Nigam Limited (RVNL) Price 11.57 crore for setting up of Multi-Protocol Label Switching (MPLS) Virtual Private Network (VPN) at 33 locations across the country.
torrent powerTorrent Power: Torrent Power has entered into a share purchase agreement to acquire 100% equity in 50 MW solar plant of SkyPower Group at an enterprise value of Rs. 417 crores.
Aurobindo Pharma: Leading pharmaceutical firm Aurobindo Pharma, Sun Pharma And hilarious According to the latest enforcement report from the US Food and Drug Administration (USFDA), various products are being recalled in the US market for various reasons.
Tata MetallicsThe firm reported a 30 percent drop in its net profit on Friday 52.46 crore for the quarter ended March on account of rising expenses. The company saw a Tata Metaliks said in a BSE filing that it reported a net profit of Rs 74.99 crore during the January-March period of the 2020-21 financial year.
heroThe firm on Friday announced its strategic investments in three companies involved in Clean Beauty, Athleisure Nutricosmetics. The company has acquired stake in Earth Rhythm, Nude Wellness and KICA.