Stocks to Watch today | Tuesday, June 7: Adani Green, Mazagon Dock, Torrent
At 7:30 AM, SGX Nifty was at 18,707, up 28 points. Meanwhile, Asia-Pacific markets were trading mixed as the region looks to China’s May trade data and a speech from Reserve Bank of Australia governor Philip Lowe.
Overnight, the S&P 500 index notched its highest level in ten months, up 0.2 per cent. Meanwhile, Dow Jones, and NASDAQ Composite indices surged up to 0.3 per cent.
Adani stocks: The exchanges have increased circuit limit for three of the 10 Adani group companies to 10 per cent from 5 per cent earlier with immediate effect. These include Adani Green Energy, Adani Wilmar, and Adani Transmission.
Tata Power, Uniparts India, Seshasayee Paper, Marksans Pharma: These companies will turn ex-dividend on Wednesday.
Deepak Fertilisers and Petrochemicals: Performance Chemiserve Limited, a wholly-owned subsidiary of the Company, has raised Rs 900 crore by issue and allotment of non-convertible debentures (NCDs) on a private placement basis to qualified institutional buyers (QIBs).
JSW Ispat Special Products: Kiran Menon has resigned as the Chief Financial Officer (CFO) of the Company with effect from close of business hours of June 5, 2023.
Varun Beverages: Varun Beverages’ board of directors has fixed June 15 as the record date to determine eligible shareholders entitled to the stock split.
Mazagon Dock Shipbuilders: Germany and India are closing in on a deal to build diesel submarines for Indian waters. According to a Bloomberg report, Thyssenkrupp AG’s marine arm and India’s Mazagon Dock Shipbuilders Limited are likely to jointly bid for an estimated $5.2 billion project to build six submarines for the Indian navy.
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