Stocks To Watch On Thursday, June 6: Indian equity markets are currently experiencing dynamic movements characterized by substantial swings in both directions. In today’s trade, shares of BHEL, Chetan Rajpara, Kalpataru Projects, Torrent Pharma, Century Textiles among others will be in focus due to various news developments.
Kalpataru Projects: Kalpataru Projects Board to meet on June 10 consider fund raising via non-convertible debentures.
Coal India: State-owned Coal India’s contribution to the government’s exchequer dropped 2.2 per cent to Rs 9,560.28 crore in the April-May period of the ongoing fiscal.
Aimtron Electronics IPO: Aimtron Electronics initial public offering (IPO) is set to list today on NSE SME. This is a book-built issue aiming to raise Rs 87.02 crores comprising entirely a fresh issue of 54.05 lakh shares.
Indian Energy Exchange: Indian Energy Exchange (IEX) disclosed a significant surge in its monthly volume, reaching 10,633 MU, marking a 29 per cent year-on-year increase. Moreover, Renewable Energy Certificate volumes soared by an impressive 640 per cent YoY, while the Green market witnessed a robust growth of 74 per cent YoY.
KPI Green Engineering: It secured Rs 351 crore orders for solar and transmission projects, including railway track fencing.
NBCC India: The company secured 13 orders valued at Rs 491 crore.
Force Motors: The company’s total domestic sales rose 13.9 per cent at 2,412 units in May versus 2,118 units (YoY). While total exports down 63.3 per cent at 180 units as against 491 units (YoY).
Bharat Heavy Electricals Limited (BHEL): BHEL on Wednesdaygot an order worth over Rs 3,500 crore from AdaniPower for setting up a thermal power project at Chhattisgarh.
Maruti Suzuki: The company will invest Rs 450 crore over a span of three years towards commissioning renewable energy projects.
Nazara Tech: Absolute Sports, a subsidiary of publicly listed media and gaming company Nazara Technologies, announced its acquisition of entertainment content provider SoapCentral.com for $1.4 million (approximately Rs 11 crore) in an all-cash transaction.
SPARC: Chetan Rajpara resigned as CFO of Sun Pharma Advanced Research Company w.e.f. June 5, 2024.
Hindustan Zinc: The company registered a 14 per cent drop in greenhouse gas emission intensity in the last four years.
