Stocks in focus today: HAL, Hero MotoCorp, IGL, PFC, Metro Brands, HG Infra and other shares worth tracking
Indraprastha Gas, Power Finance Corporation, Metro Brands, Andhra Cements, HAL, HF Infra, Hero MotoCorp, and Tata Motors among others are in focus on the back of either stock-related news or various corporate actions on Wednesday, March 23, 2023.
From various corporate actions to Global Surfaces listing, several stocks are in focus on Thursday, March 22, 2023. These stocks are Indraprastha Gas, Power Finance Corporation, Metro Brands, Andhra Cements, HAL, Hero MotoCorp, HG Infra, Tata Motors, and others.
Here are some of the stocks to be in focus on Dalal Street on March 23:
Hindustan Aeronautics (HAL): The government will sell up to 3.5 per cent stake in Hindustan Aeronautics Ltd (HAL) at a floor price of Rs 2,450 a share, if fully subscribed, which would fetch about Rs 2,800 crore to the exchequer. The two-day Offer For Sale (OFS) will open for institutional investors on Thursday and for retail buyers on Friday.
Hero MotoCorp on March 22, said it will increase prices of its model range by around 2 per cent from next month in order to offset the impact of rise in production cost in order to conform to stricter emission norms.
Global Surfaces shares to make market debut on Thursday at 10 am. The initial share sale of Global Surfaces Ltd was subscribed 12.21 times on the final day of the offer on March 15.
Reliance Industries: Reliance Consumer Products Limited (RCPL), a wholly-owned subsidiary of Reliance Retail Ventures Limited, on Wednesday said it has expanded its play in the FMCG segment by launching its range of home and personal care products.
Max Financial Services: A promoter entity of Max Financial Services Ltd (MFSL) offloaded the company's shares worth Rs 94 crore through an open market transaction.
Coromandel International Ltd, which is into fertilisers and crop protection chemicals businesses, said it will diversify into speciality and industrial chemicals.
Andhra Cements board to consider allotment of shares to Sagar Cement post-merger
Indraprastha Gas and Power Finance Corporation boards to consider interim dividends on March 23, 2023
NBCC: Company gets LoA of Rs 625 crore for construction of a medical college in Maharashtra.
HG Infra: Company is lowest bidder for a NHAI project worth Rs 925 crore.
Metro Brands board to discuss business
Tata Motors wins order of 1000 Xpres T EVs from OHM E Tech
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09:54 AM IST