Here is a list of top 10 stocks that are likely to be in focus on Monday:
zomatoIndia’s online food delivery platform Zomato Ltd said it will acquire instant grocery delivery service company Blink Commerce Pvt. 44.47 billion rupees ($568 million), to expand its business for quick delivery of groceries and essential items.
Adani EnterprisesPorts-to-energy conglomerate Adani Group has forayed into copper manufacturing by signing finance agreements with public sector lenders for a 1 million tonne per annum unit at Mundra in Gujarat. “Kutch Copper Limited (KCL), a subsidiary of Adani Enterprises Limited (AEL), is setting up a greenfield copper refinery project for production of refined copper with one million tonnes per annum in two phases,” the company said in a statement.
Dr Reddy’s LabDomestic pharma major Dr Reddy’s Laboratories Ltd on Friday said it has entered into an agreement with Indivir Inc and Acquisive Therapeutics, which will result in a total payment of USD 72 million (more). 560 crore) by 31 March 2024.
axis BankAxis Bank on Friday said the Reserve Bank has approved the reappointment of Rajiv Anand as Deputy MD for a period of three years till August 2025.
dish tvDish TV India Ltd on Friday faced a severe rebuke from shareholders as most of them rejected all the three proposals proposed by the company in its Extraordinary General Meeting (EGM). Special resolutions submitted by Dish TV require 75% of minority shareholders to vote in their favor. For the first time since the inception of Dish TV, the promoter group headed by Jawahar Goel will not be under the control of its management.
welspun corp: The firm said it has received new orders 600 crores.
Indian Overseas BankState-owned Indian Overseas Bank plans to increase its growth in the current fiscal year 2013 with secular growth in sectors such as retail, micro, small and medium enterprises, and corporate and agricultural credit. The Management of the Bank is not expecting any significant impact on the liquidity or profitability of the Bank going forward.
Hindustan CopperThe firm’s board will meet on June 30 to consider the proposal to raise funds by issue of equity shares through qualified institutional placement.
I: The board of the firm will meet on June 29 and consider the proposal for buyback of equity shares.
csb bank: The board of the bank appointed Bhama Krishnamurthy as part-time chairman, the bank said in its BSE filing.