Stocks to watch: The domestic equity market is expected to see a negative start to trading on Tuesday, June 20. At 8:27 am, the Nifty futures on the Singapore Exchange (SGX) traded 63.5 points, or 0.34 per cent lower at 18,811.0. Stocks in Asia fell in the morning trade as investors worried China's latest rate cut was not enough to boost confidence in the weakening economy and awaited a wider stimulus package by Beijing.

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Let's take a look at the top stocks that are expected to remain in focus today.

IndiGo, Air India: IndiGo and Air India have together placed orders for a total of 970 planes in less than five months this year, a reflection of the two airlines’ ambitious expansion plans and the growth potential of the Indian aviation market. IndiGo announced placing a firm order for 500 narrow-body planes with Airbus.

IIFL Securities: Capital markets regulator Sebi on Monday barred brokerage house IIFL Securities, earlier known as India Infoline Ltd, from onboarding new clients for two years for misutilisation of client funds. The order came after the Securities and Exchange Board of India (Sebi) conducted multiple inspections of the books of account of IIFL for the period April 2011 to January 2017.

HDFC: HDFC has agreed to sell 90 per cent of its stake in its education loan arm, HDFC Credila, to Barings Private Equity and ChrysCapital Group for Rs 9,060 crore. The deal values the firm at Rs 10,066 crore.

Shriram Finance: Shriram Finance said US private equity firm TPG sold its 2.65 per cent stake in the non-banking financial company to some investors in an open market transaction.

Sun Pharma: Sun Pharma Canada Inc., a wholly-owned subsidiary of Sun Pharmaceutical Industries Limited, announced Health Canada's approval of WINLEVI (clascoterone cream 1%). WINLEVI is the first and only androgen receptor inhibitor indicated for the topical treatment of acne vulgaris (acne) in patients 12 years of age and older, and the newest Health Canada-approved formulation to target the hormonal component of acne for Canadian patients in 40 years.

Coforge: Nirmal Bang Securities has maintained a "Sell" rating on the stock with a target price of Rs 3,281, post the Analyst Meet. "While it will grow faster than the Tier-1 IT set over the next five years, we are not in the camp that it will go back to growing at 20% plus," the brokerage added.

HDFC AMC: The company's promoter Aberdeen Investment Management may exit through block deals (10.2% stake).

Tata Power has planned to double its capital expenditure to Rs 12,000 crore in the current fiscal, with a focus on renewables, distribution, transmission and solar equipment manufacturing capacity. "To meet the growth targets, your company (Tata Power) plans to invest about Rs 12,000 crore, which is double the capex spent in FY23," Tata Power Chairman Natarajan Chandrasekaran said while addressing the 104th annual general meeting on Monday.

Adani Transmission has got shareholders' approval to raise up to Rs 8,500 crore through the issuance of equity shares on a qualified institutional placement basis. The company had sought shareholders' approval through a postal ballot to raise up to Rs 8,500 crore by way of qualified institutional placement through the issuance of equity shares and/or other eligible securities to eligible investors on May 15, 2023.

Can Fin Homes will raise up to Rs 4,000 crore via bonds.

Coal India: The Government of India will sell 92.44 lakh shares or 0.15 per cent equity stake in Coal India through an Offer for Sale (OFS), the state-owned coal major said on 19 June, the second such move by the company this month. The employee OFS shall remain open from June 21 to June 23.