Ahead of the earnings season, the market continues to trade with volatility amid inflation fears, among other factors of a weak rupee. After slipping into the red on Tuesday, signals from Asian markets were mostly negative on Wednesday. Meanwhile, based on news and corporate actions, there will be certain stocks that will remain in focus. Zee Business Research Analyst Arman Nahar presents you with a list of such stocks:
Powerg Grid: The company’s board will discuss raising Rs 11,000 crore on Wednesday.
Paisalo Digital Ltd: The company’s board will discuss raising funds through a placement.
Setco Automotive: The automotive company will present its Q4FY22 results today.
Big Easter Shipping: There will also be action at GE Shipping as the buyout of the company closes today.
EKI Energy: Electricity supplies to see price range change from 20% to 10%
Bajaj Finance: The NBFC company will also be in focus after the Q1FY23 update. The company’s deposits grew to Rs 34,100 crore and AUM registered a growth of 31% year-on-year to Rs 2.04 lakh crore.
Which stocks will be in focus today including Bajaj Finance, Marico, Tata Motors, Satia Industries, BIOCON, SpiceJet?
On the basis of which news will there be action in the market?
What are the key drivers for the market?
— Zee Business (@ZeeBusiness) July 6, 2022
Marico: The company said in its update that inflation has affected demand, resulting in a drop in domestic demand.
Tata Motors: This stock of Tata Group cars will be in focus after BEST cancels tender for 2100 electric buses
Satia Industries: The company won an order worth Rs 105 crore for publishing books with 11,000 tonnes of paper.
Biocon’s new plant in Bengaluru has received EU GMP certification.
Tejas Network is in news after it bought 60.81 lakh shares of Saankhya Lab for Rs 454.19
SpieceJet will be in the spotlight after one of the aircraft made an emergency landing after it was discovered that the Q400’s windscreen was broken
Westlife Development: Stock to be in focus after ICICI Prudential sells 2.02% stake in the company