Here is a list of top 10 stocks that are likely to be in focus on Friday:
UltraTech CementIndia’s largest cement producer UltraTech Cement on Thursday said it would invest in 12,886 crore to increase its production capacity to 22.6 million tonnes per annum (MTPA). The board of directors of the company in its meeting held on Thursday approved the necessary capital expenditure for increasing the expansion capacity.
Salasar Techno EngineeringSalasar Techno Engineering Limited, an engineering and construction company, has announced its results for the period ended March 31, 2022. The company saw a jump of 20.5 per cent in total income from operations. 718.87 crore in the year ended March 31, 2022. Operating income in the previous financial year was 596.59 crores.
Yes BankYes Bank on Thursday got approval for the buyback of $200 million notes issued under the lender’s medium-term note programme. The capital raising committee has approved the scheme and recommended the bank to offer tender for buyback of foreign bonds.
Coal IndiaCoal Ministry has issued a draft cabinet note seeking inter-ministerial views on the proposal to list 25 per cent shares of Coal India’s unit BCCL. As a part of the restructuring of Coal India (CIL), the government has decided to initial listing of 25 per cent shares of Bharat Coking Coal Limited (BCCL).
Wardwizard InnovationsGujarat-based electric two-wheeler maker WardWizard Innovations on Thursday said it has registered a three-fold jump in sales in May, driven by growth in the low speed category.
pharmads pharmaThe promoter of the firm, Sadhanala Venkata Rao, sold 7.75% stake in the company through an open market transaction on June 2.
MTAR TechnologiesDefense firm to acquire 100% stake in GEE PEE Aerospace & Defense at a cost of Rs. 8.82 crores.
Ather Industries: This firm will debut in the stock market on June 3.
HDFCHDFC on Thursday announced a collaboration with global information technology services and consulting firm, Accenture, to digitally transform its lending business. This tie-up will improve HDFC’s customer experience and business processes to deliver greater operational efficiencies and efficiencies and accelerate business growth.
Fiam Industries: A 2.16% stake in the company was sold by Elevation Capital V FII Holdings through an open market transaction on 1 June.