Here is a list of top 10 stocks that are likely to be in focus on Wednesday:
State Bank Of IndiaThe country’s largest lender State Bank of India (SBI) has doubled credit in the infrastructure sector, including roads, ports and power, in FY22, amid renewed demand for loans from private companies.
Cineline IndiaCineline India Ltd., which operates multiplex chain MovieMax, on Tuesday said its promoters would subscribe to convertible warrants. 35.1 crore. Post this preferential issue, the promoters’ stake in Cineline India will increase to 69.6 per cent from the current 67 per cent, a company statement said.
wockhardt: Deepak Madnani was appointed by the company as Chief Financial Officer with immediate effect on June 7.
Secrament: The firm signed a Memorandum of Understanding with a Senegalese railroad company.
zee entertainmentInsurance giant Life Insurance Corporation on June 6 acquired 2 lakh shares in the media company through an open market transaction.
Indian HotelIndian Hotels Company Limited (IHCL) on Tuesday announced the signing of the 88-room Vivanta Hotel in Jammu, Jammu and Kashmir. IHCL said in a statement that the existing hotel located in the heart of the city will be upgraded to the Vivanta brand after the renovation.
Stocks sensitive to RBI rate hikeSectors like banking, financial services, others will be the focus as RBI announces its rate hike decision on June 8.
FMCG StockRural demand is expected to pick up in the second half of this fiscal year, as buoyant monsoon rains, higher food prices and increased remittances from migrant workers ahead of the festive season boosted earnings, companies and analysts said, companies and analysts said. he said.
hotel stockAs per a new report, Hotel occupancy in India crossed 65% mark in April 2022, up 100 basis points from April 2019, Mumbai region continues to be the market leader with record-high hotel occupancy.
NBFC stock: The collection efficiency of non-banking financial companies (NBFCs) and housing finance companies (HFCs) has been healthy in the range of 97% to 101% at the beginning of FY13, as per ICRA’s analysis on retail pools secured by these Is. lenders.