Top stocks in focus: HDFC Life, Axis Bank, Divi’s Labs, Emami, PI Industries, HUL

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

Jul 03, 2020 07:07 IST India Infoline News Service

Stocks In Focus
HDFC Life to be included in the Nifty 50 index from July 31. Vedanta to be excluded from the Nifty 50 on account of its proposed delisting.

KKR to acquire controlling stake in JB Chemicals.

PI Industries launches QIP issue at a floor price of Rs1,534.24per share.

HUL to rename fair and lovely range of products to glow and lovely while the men's range will be renamed as glow and handsome.

Axis Bank to wind down operations of Axis Bank U.K. and target the surrendering of the banking licence by April 2021.

Divi’s Laboratories CFO L Kishore Babu is seeking legal advice and will respond to SEBI’s order for alleged charges of insider trading in securities of the company during July 2017.

GPT Infraprojects bagged an order valued at Rs102.80cr.

Affle India to acquire 8% stake in OSLabs for $2.86 million.

Muthoot Finance to seek shareholders’ approval for share split and to increase borrowing powers of the Board from existing Rs50,000cr to
Rs75,000cr on July 18.

Reliance Industries clarifies on news of nearing a deal to acquire the retail business of the Future Group. Says that it is evaluating opportunities on an ongoing basis.

Jyothy Labs opens a new dish wash manufacturing unit adjacent to the company’s existing plant situated in Madhya Pradesh.

CG Power working on a debt resolution plan with its lenders and certain potential investors have signed non-disclosure agreements with the company to undertake due dilligence.

Excel Industries stopped manufacturing activities of its Roha plant till July 5, due to increase in Covid-19 patients near the area.

IRB Infra allotted NCDs worth Rs200cr on a private placement basis.

Motherson Sumi’s Board of Directors approve reorganisation plan.

Results today: Indiabulls Housing Finance, DCM Financial Services, Duroply Industries, Dhunseri Ventures, Dynamatic Technologies, Gati,
India Gelatine & Chemicals, Indo-Global Enterprises, Indian Wood Products Company, Kama Holdings, Shiva Global Agro Industries and Shiva Granito Export.

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