Share Market News June 21: HDFC Life, Tata Motors, JM Financial, HPCL, BPCL, other stocks to track on Friday
Stocks to Track on June 21, Stocks in News: Here is a list of stocks that are set to be in the spotlight during Friday's session.
Stocks to Track on June 21, Stocks in News: At around 8:10 am, GIFT Nifty futures traded higher by 0.02 per cent or 4 points at 23,586.5, indicating a muted opening on the D-Street. Domestic equity benchmarks finished a session full of choppy moves on a mildly positive note on Thursday, led by rapid buying in financial and energy shares though selling in auto stocks kept the upside in check.
As the focus shifts to the next session on Dalal Street, here is a list of stocks that are likely to be in focus.
HDFC Life stock to trade ex-dividend
HDFC Life Insurance Company shares are all set to trade ex-dividend on Friday.
PNB Housing Finance in focus
Foreign investors General Atlantic and Asia Opportunities V (Mauritius) have offloaded 4.9 per cent in PNB Housing Finance for Rs 1,004 crore through open market transactions.
HPCL, BPCL stocks to trade ex-bonus
State-run oil marketing companies BPCL and HPCL's shares are scheduled to trade ex-bonus on Friday.
Bajaj twins to go ex-dividend
Bajaj Finserv and Bajaj Finance - together popularly known as the Bajaj twins on Dalal Street - are slated to trade ex-dividend on Friday.
Torrent Pharma stock to trade ex-dividend
Torrent Pharma shares are slated to trade ex-dividend on Friday.
Tata Steel stock to trade ex-dividend
The stock of the Tata group steel giant is scheduled to trade ex-dividend on Friday.
HDFC Life stock to trade ex-dividend
HDFC Life shares are scheduled to trade ex-dividend on Friday.
PNB shares in the spotlight
Punjab National Bank shares are slated to trade ex-dividend on Friday.
Kansai Nerolac Paints stock in focus
Kansai Nerolac Paints shares are scheduled to trade ex-dividend on Friday.
Other stocks to trade ex-dividend
Cyient, Care Ratings and Concord Biotech are among the stocks slated to trade ex-dividend on Friday.
Amara Raja Energy & Mobility raises stake in InoBat
Amara Raja Energy & Mobility has acquired an additional 4.5 per cent stake in electric vehicle battery maker InoBat for 20 million euros (nearly Rs 180 crore), taking its total holding to around 9.32 per cent.
Sebi bans JM Financial from managing debt public issues till March 2025
Sebi has confirmed its interim directions to bar JM Financial from acting as a lead manager for public issues of debt securities until March 31, 2025, in a case of alleged irregularities in a public issue of non-convertible debentures (NCDs).
In a confirmatory order, the market regulator has clarified that the restriction only applies to public issues of debt securities and does not affect JM Financial's other activities, including equity issues.
Tata Comm raises $250 million sustainability loan
Tata Communications has raised $250 million sustainability loan from DBS Bank, ANZ and Export Development Canada (EDC).
Tata Motors rolls out Fleet Verse
Tata Motors has launched Tata Motors Fleet Verse, a digital marketplace catering to its comprehensive range of commercial vehicles. Read more
Nestle India board to meet on July 8 to consider dividend
Nestle India's board is scheduled to meet on July 8 to consider a dividend.
It has set a record date of July 16 for any such dividend, if materialised.
ONGC board approves CFO appointment
ONGC's board has approved the appointment of Devendra Kumar as Chief Financial Officer (CFO), with immediate effect.
Bank of Baroda appoints CFO
Bank of Baroda has appointed Chayani Manoj Sundar as CFO with effect from June 21.
New CEO takes charge at Dhanlaxmi Bank
Dhanlaxmi Bank MD and CEO Ajith Kumar has taken charge.