Paytm, Lupin, Aegis Logistics: Stocks to watch on Wednesday
Stocks to watch on Wednesday, April 10: As per reports, Surinder Chawla, MD & CEO of Paytm Payments Bank resigned from his position with effect from June 26.
Stocks to watch on Wednesday, April 10: Benchmark equity indices hit new peaks on Tuesday with Sensex breaching the historic 75,000 mark for the first time during intra-day before ending the session marginally lower on profit-booking at higher levels. Putting a break on its record-breaking rally, the 30-share BSE Sensex declined 58.80 points or 0.08 per cent to settle at 74,683.70. The NSE Nifty closed 23.55 points or 0.10 per cent lower at 22,642.75.
Here are some stocks that will be in focus on Wednesday, April 10:
Paytm: As per the regulatory filing, Surinder Chawla, MD & CEO of Paytm Payments Bank resigned from his position with effect from June 26.
Lupin: The company will launch its first generic version of Oracea (Doxycycline Capsules, 40 mg), in the United States, after having received approval from the United States Food and Drug Administration (U.S. FDA).
Krystal Integrated Services: The company will announce its Q4FY24 results on Wednesday.
Aegis Logistics: The company's board will discuss dividend in a meeting on April 10.
Interglobe Aviation: The company's shares will be in focus as airfares have seen a sharp increase of 20-25 per cent. The hike has come in the wake of cancellation of Vistara flights as well as robust demand for air travel.
Protean eGov: 360 ONE Funds will pare 21.5 lakh shares in the company in a block deal estimated to be worth Rs 245 crore.
Lupin: The company after the USFDA approval launched the Doxycycline capsule which is used in the treatment of inflammatory lesions.
Finolex Industries: The company has sold a land worth around Rs 471 crore to Adani Grou.
IRB Infra: IRB Ahmedabad's claim of 1032 cr from NHAI rejected by Arbitral Tribunal.
Axis Bank: The PE player has sold its stake in the company, while buyers in the lender are Mirae Asset MF as well as Goldman Sachs.
Five Star Business: TPG ASIA VII SF sold 56.54 lakh (1.9%) shares at an average price of Rs 752.02 per share in the company via bulk deal.
Vedanta: CLSA upgraded the diversified metals company to 'buy' from the earlier underperform call and target has been raised to Rs 390 per share.
Godrej Properties: Jefferies maintained its buy stance on the company with an upgraded target of Rs 3175 from the earlier Rs 2700 per share.
(With inputs from agencies.)
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