Stocks to Watch: DLF, Bharat Forge, Adani Enterprise

The stock market is all set to open up after the weekend break. To all the geared up brokers and enthusiasts, here are ten stocks to eye for in the news today:

Adani Enterprises: An Indian multinational conglomerate ,headquarter at Ahmedabad. In its filings, today, informed that its Authorised-Share Capital stands at Rs.10 lakh and paid-up share capital stands at Rs.5 lakh. However fresh subsidiaries has 50,000 equity shares of Rs.10 each.

Tata Chemicals: An Indian global company segmented in chemicals, crop protection and specialty chemistry products, remains with a recovery in its revenue terms. The rating overview however remains the same as said by Ba1 corporate family rating (CFR), Tata Chemical Limited (TCL)

Sun Pharma: An Indian pharmaceutical multinational company headquartered in Mumbai has no recent plans on entering into vaccine manufacture as it would require a whole new set-up as per top company officials. However, in order to boost up its future growth the company is eyeing for biosimilar.

Power Stocks: According to Payment ratification And analysis in power procurement transparency in invoicing of generators (PRAAPTI), the total outstanding dues owed by electricity distribution utilities fell down 11.2% to Rs.81,628 crore.

Petronet: An Indian oil and gas company counted as on top, is all set to invest Rs.187 billion over 5 years in order to expand its infrastructure and business.  The company has also planned for Rs.67 billion budget to expand 17.5 million tonne per annum on west coast to 22.5 MTPA building a new jetty and LNG, said by the senior officials.

Shriram Transport Finance: The auto finance company through its latest qualified institution placement (QIP) has raised almost to Rs.2,000 crore. The issue opened on June 7 and closed 3 days later on June 11.

Info Edge: In order to acquire 100% of the share capital of Zwayam the operator of the recruitment portal Naukri.com has signed an agreement.

Coal India: A government owned mining and refining corporation, under e-auction has lifted up on coal exports sales policy. However, now the traders, purchaser will be able to export coal brought through this route.

DLF: Country’s largest real estate company has appointed two of its executives as new CEOs namely Ashok Kumar Tyagi and Devinder Singh who will continue to be directors as well.

Bharat Forge: Pune based Indian multinational company in automobiles has received 4.66 million equity shares or 1% of total paid-up equity at Rs.750.80 per share, from Ajinkya investment and trading Co., via an open market transaction.

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