Here is a list of top 10 stocks that are likely to be in focus on Thursday:
Minda Industries: The firm bought a 5.24% stake in a German company for 15 million euros.
InfosysThe IT major has signed a deal with venture capital firm The House Fund for an investment of $10 million.
TVS MotorsPrivate equity giants TPG Capital and KKR & Co are in talks with TVS Motor Co Ltd to invest at least $300 million to expand their electric vehicle business.
BioconBangalore-based biopharmaceutical company, Biocon Solar Energy to acquire 26% stake in AMPYR Renewable Energy Resources Eleven. Transactions will cost around 7.50 crores. Through the acquisition, Biocon plans to increase its renewable-based power consumption.
Sundaram FastenersAuto component maker Sundaram Fasteners plans investment The company’s chairman Suresh Krishna on Wednesday said its defense business will grow by Rs 100 crore in the next two years.
IIFL Wealth Management: The company on Wednesday announced that Nikunj Kedia has been promoted to the role of Head of Products at the company.
Home First Finance Company: Credit rating agency ICRA has upgraded the long-term credit rating of Home First Finance Company India from [ICRA] A+ ‘positive’ to [ICRA]AA- ‘stable’. The rating covers Rs. 3,500 crore term loan and Rs. 230 crore non-convertible debenture programme.
transport companiesThe GST Council in its two-day meeting that concluded here on Wednesday has decided to give relief to the transport sector by reducing the tax rate.
Panchsheel Organics: The board of the firm approved the issuance of 1.7 million equity shares at the cost of 183.15 per share, and another 1.3 million warrant shares on a preferential basis.
MTAR Technologies: A 0.2% stake in the company was sold through an open market transaction on June 28 by investor Fabmohr Advisors LLP.