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Here is a list of top-tier stocks that could be in the focal point on Monday.
DHFL: Dewan Housing Finance Corporation (DHFL) reported on Sunday, a combine profit of 96.75 crore for the March end. A year ago the company also recorded a net loss of Rs.7,507.01 crore, going down a corporate insolvency.
Emami Ltd: A growing company for consumer product line has raised the good’s prices by 4% in the current fiscal to bring down the current input cost pressure, which will ultimately help the company to retain an overall margin of 66-67%, claimed by a senior company official on Sunday.
Future Retail: The Singapore International Arbitration Centre (SIAC) decides to apprehend the case of Amazon.com NV Investment Holdings LIC and Kishore Biyani can be seen promoting Future Group over the latter’s Rs. 24,713 crore share out with Reliance Industries Ltd.
Tata Steel: A leading steel manufacturing company in India is considering to prepare upto $1 billion (Rs. 7,315 crore) of loans abroad, taking benefit of commodity price super cycle that has augmented its cash position.
Power Grid Corporation: A state owned corporation has acquired Fatehgarh Bhandla Transco (FBTL) and Sikar New Transmission Limited (SNTL) to establish building up the power from solar energy zone in Rajasthan.
Reliance Infrastructure: Anil Ambani’s multinational conglomerate Reliance Infrastructure ltd. has said its board has sanctioned raising Rs.550.56 crore by preferred allotment of up to 88.8 million shares convertible into shares of the company to VFSI Holding and promoter group pte ltd.
RBI Bank: The apex body of all banks, The Reserve Bank of India has sanctioned the re-appointment of Vishwavir Ahuja as CEO and Managing Director of the bank, with effect to 30 June.