Here are the stocks gaining traction and have the potential to move the markets today:
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Hero Motocorp:
In Turkey, the company introduced Euro-5-compliant versions of its three products, the Xpulse 200 4V motorcycle, the Dash 110 and Dash 125 scooters.
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Astral:
The firm has subscribed to Rs194 crore in Optionally Convertible Debentures issued by Gem Paints, and has appointed majority directors to the Gem Paints and Esha Paints boards of directors. As a result, Gem Paints and Esha Paints have been designated as the company’s subsidiary and step-down subsidiary, respectively.
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Som Distilleries & Breweries:
In May, its mainline beer brand ‘Hunter’ held a 55% market share in Madhya Pradesh’s premium beer segment. This was the highest among all of the state’s premium beer producers.
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Filatex India:
CARE has upgraded the company’s long-term bank facilities from an ‘A’ to an A+, with a stable outlook.
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Greenlam Industries:
The firm has entered into a share subscription agreement with Smiti Holding and Trading Company for up to 63.1 lakh equity shares at a price of Rs309 per share. Smiti Holding is a shareholder who will receive preferential shares.
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BHEL:
After the news came out yesterday about the deal with GE steam power the stock saw growth of 6.53%. Positivity may continue today as well.
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TCS:
The company’s stock saw decent increase yesterday of 3.3%, and the IT sector, in general, seems bullish. The stock should be on one’s radar.
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SIEL Financial Services:
Deepak Kumar Rustagi has been appointed as the chief financial officer (CFO) and key managerial personnel (KMP) of the company with effect from March 17. Ram Jeevan Chaudhary will be relieved from his responsibilities as CFO of the company.
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Biocon Biologics:
CBI has arrested the Associate Vice president and drug controller of the company on charges of bribery. Biocon Ltd is the parent company of this firm and is bound to see some action.
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Reliance Industries:
Yesterday the news came that Sebi has fined the firm and 2 executives in the Facebook investment case.