RVNL, Bajaj Finance, Lupin: Stocks to track on Monday
Stocks to watch on Monday, June 10: At 8:06 am, Gift Nifty futures traded with a minor cut of 0.1 per cent at 23,302.5, indicating a subdued opening for the markets today. Benchmark equity indices Sensex and Nifty climbed over 2 per cent to settle at record high levels on Friday after the Reserve Bank of India (RBI) revised upwards the GDP growth projection to 7.2 per cent for 2024-25 from 7 per cent earlier. The 30-share BSE Sensex jumped 1,720.8 points, or 2.29 per cent, to hit a new record peak of 76,795.31 in day trade. The benchmark ended at a record high of 76,693.36, up 1,618.85 points, or 2.16 per cent.The NSE Nifty climbed 498.8 points, or 2.18 per cent, to 23,320.20 during the day and is just 18.5 points from the record intraday high. The index settled with a jump of 468.75 points, or 2.05 per cent, at an all-time closing high of 23,290.15. Here are some stocks that will be in focus on Monday, June 10:
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(With inputs from agencies.)
Bajaj Finance
Bajaj Finance:
Bajaj Housing Finance, a subsidiary of Bajaj Finance, has filed preliminary papers with capital markets regulator SEBI to raise funds through an initial share sale. The company aims to raise about ₹7,000 crore through the issue.
RailTel
RailTel
State-run company received work order worth up to Rs 81.6 crore from National Informatics Centre Services Incorporated (NICSI) for the ICT Infrastructure.
Dr Reddy's Labortatories
Dr Reddy's Labortatories:
Dr Reddy's manufacturing unit in Andhra Pradesh got four observations from the US Food and Drugs Administration (USFDA).
IDBI Bank
IDBI Bank:
The private sector lender received an income tax refund order worth Rs 2,702 crore.
KEC International
KEC International:
The company received orders worth Rs 1,061 crore across its various businesses.
Jubilant Pharmova
Jubilant Pharmova:
With the conclusion of an eight-day audit by the USFDA, Jubilant HollisterStier LLC’s contract manufacturing facility located in Spokane, Washington (USA) received three observations.
Lupin
Lupin:
The company recalled 51k bottles of generic antibiotic drugs in the US.
RVNL
RVNL:
The company emerged as the lowest bidder for a project of Southern Railways worth Rs 156.47 crore.
Borosil Renewables
Borosil Renewables:
The company is to raise up to Rs 450 crore via the rights issue of shares.
Wardwizard Innovations & Mobility
Wardwizard Innovations & Mobility:
The company bagged an order worth $1.29 billion from Beulah International Development Corporation to revolutionise Philippine's public transport with electric vehicles.