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Business News/ Markets / Stock Markets/  Stocks to Watch: Tata Consumer, Cipla, Bank of Baroda
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Stocks to Watch: Tata Consumer, Cipla, Bank of Baroda

Indian indices on Friday closed higher, posting gains for the third straight day, with technology and metal stocks leading the gains, as easing oil prices tempered inflation fears.

The Sensex gained 457 points, or 0.82%, to close at 53,161.28 on Monday, while Nifty50 jumped 132.80 points to end at 15,832.05. (REUTERS)Premium
The Sensex gained 457 points, or 0.82%, to close at 53,161.28 on Monday, while Nifty50 jumped 132.80 points to end at 15,832.05. (REUTERS)

Here is the list of the top 10 stocks that are likely to be in focus on Tuesday:

Tata Consumer Products: Tata Consumer Products Ltd will continue to look for the right acquisition opportunities in different categories to fuel its growth, the company's chairman N Chandrasekaran said on Monday.

Bank of Baroda: The board of state-owned Bank of Baroda at its meeting held on Monday approved raising of capital up to 5,000 crore through bonds this fiscal.

Aurobindo Pharma: Aurobindo Pharma Ltd on Monday said it has received a warning letter from capital markets regulator Sebi for non-disclosure of details related to an ongoing audit of one of its manufacturing units in Hyderabad and observations made by the US Food and Drug Administration (USFDA).

Poonawalla Fincorp: Two individuals on Monday offloaded shares of Poonawalla Fincorp Ltd worth 105 crore through open market transactions. According to the block deal data available with BSE, Sanjay Chamria and Mayank Poddar sold a total of 43,79,793 shares of Poonawalla Fincorp. The shares were disposed of at an average price of 240 apiece, valuing the transaction size at 105.11 crore.

Cipla: Pharma company Cipla has agreed to acquire an additional stake for nearly 26 crore in digital tech company GoApptiv Private to raise its shareholding to 22.02 per cent, the company said on Monday.

Indian Card Clothing: The board of directors of the company on Monday approved the proposal to acquire 40% equity stake in Garnett Wire Ltd., UK - foreign subsidiary of the Company, from its joint venture partner - Joseph Sellers & Son Limited.

Brigade Enterprises: Realty firm Brigade Group on Monday said it has entered into an agreement to develop a housing project in Chennai with an estimated revenue of 1,500 crore over the next five years. The company has signed a Joint Development Agreement (JDA) to develop around 2.1 million square feet in Chennai, Brigade Group said in a statement.

TTK Prestige: TTK Prestige on Monday said it will acquire a majority 51 per cent stake in Ultrafresh Modular Solutions, a move which will help the leading kitchen appliances company into the fast-growing modular kitchen solutions segment.

Sterling Tools: Sterling Gtake E-mobility, a subsidiary of the firm, ventured into electric light commercial vehicles segment in India.

Star Health and Allied Insurance: The insurance firm and IDFC First Bank signed a corporate agency agreement for providing health insurance solutions to the lender's customers.

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Published: 28 Jun 2022, 07:28 AM IST
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