Ahead of the earnings season, the market continues to trade with volatility amid fears of inflation, weak rupee among other factors. After slipping in the red on Tuesday, the cues from Asian markets were broadly negative on Wednesday. Meanwhile, based on the news and corporate actions, there will be certain stocks that will remain in focus. Zee Business research analyst Arman Nahar presents you the list of such stocks:
Powerg Grid: The Board of Directors of the company will discuss to raise Rs 11,000 crore on Wednesday.
Paisalo Digital Ltd: The board of the company will discuss to raise fund via placement basis.
Setco Automotive: The Automobile company will present its Q4FY22 results today.
Great Easter Shipping: There will be action in GE Shipping too as the buyback of the company will conclude today.
EKI Energy: The power stock will see a change in price band from 20% to 10%
Bajaj Finance: The NBFC company will also be in focus after its Q1FY23 update. The deposits of the company have grown to Rs 34,100 crore and AUM has seen a 31% growth yoy to Rs 2.04 lakh crore.
Marico: The company in its update said inflation has affected demand, which has resulted in fall in domestic demand.
Tata Motors: This Tata Group auto stock will be in focus after BEST cancelled tender of 2100 electric buses
Satia Industries: The company has received order worth Rs 105 crore for publishing books with 11,000 tonnes of paper.
Biocon’s new plant in Bengaluru has got EU GMP certification.
Tejas Network is in news after buying 60.81 lakhs shares of Saankhya Lab at Rs 454.19
SpieceJet will be in focus after one of the aircraft made an emergency landing after the windshield of Q400 aircraft was detected broken
Westlife Development: The stock will be in focus after ICICI Prudential sold 2.02% stake in the company