Monday, August 5, 2024

Stock to Watch Today - Rupeedesk Reports - 06.08.2024

Stock to Watch Today - Rupeedesk Reports - 06.08.2024


Stock to Watch Today - Rupeedesk Reports - 06.08.2024
Stock to Watch Today - Rupeedesk Reports - 06.08.2024
Stock to Watch Today - Rupeedesk Reports - 06.08.2024

Buzzing Stocks : Bharti Airtel, Tata Chemicals, Akums Drugs, Deepak Nitrite, Biocon in focus on Tuesday.

Reliance Industries : The forty-seventh Annual General Meeting (post-IPO) of the company’s members will be held on August 29.

Aster DM Healthcare : Nitish Shetty has resigned as Chief Executive Officer and Senior Management Personnel of the company to pursue an entrepreneurial opportunity.

Lupin : The company has announced the incorporation of Lupin Lanka (Private) Ltd in Sri Lanka as its wholly-owned subsidiary. Additionally, it has received a centralized Show Cause Notice from the Maharashtra GST Authority, seeking recovery of Rs 336.2 crore in taxes, along with applicable interest and an equivalent penalty of Rs 336.2 crore for the period from July 2017 to March 2022.

Mahindra Lifespace Developers : Viral Oza has resigned as Chief Marketing Officer of the company, effective September 30.

Adani Energy Solutions : The Adani Group company has raised Rs 8,373 crore through a qualified institutional placement (QIP).

Biocon : The biopharma company has received an Establishment Inspection Report (EIR) with Voluntary Action Indicated (VAI) from the US Food and Drug Administration (USFDA) for its API facility in Visakhapatnam, Andhra Pradesh. The USFDA conducted a GMP inspection of the facility between June 17 and June 21.

Aavas Financiers : Smallcap World Fund Inc has bought a 0.63% stake in the housing finance company at an average price of Rs 1,630 per share.

Bajaj Consumer Care : Quant Mutual Fund has bought a 1.89% stake in the company at an average price of Rs 256 per share. However, Goldman Sachs Funds - Goldman Sachs India Equity Portfolio sold a 1.69% stake in the company at an average price of Rs 256.02 per share.

Huhtamaki India : Plutus Wealth Management LLP has purchased a 0.66% stake in the company at an average price of Rs 416.49 per share.

Stocks Under F&O Ban : Hindustan Copper, Aditya Birla Capital, Birlasoft, Chambal Fertilisers and Chemicals, GNFC, Granules India, India Cements, IndiaMART InterMESH, RBL Bank

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