Wednesday, October 20

Stocks to Focus Today – HDFC, Tata Motors, Adani Enterprises, Maruti, Hero MotoCorp, Britannia Industries

Stocks to focus on today - Indian stock markets can see extreme volatility
Stocks to focus on today – Indian stock markets can see extreme volatility

HDFC

  • Stocks to focus of HDFC Individual loan business continued to improve during the quarter ended 31 March 2021.

Tata Motors

  • Tata Motors has shifted its defense business to Tata Advanced Systems for an upstream consideration of ₹ 227.7 crores.
  • The transfer has been completed through the sale of a recession as per the scheme of arrangement approved by the National Company Law Tribunal in Mumbai and Hyderabad.

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Adani Enterprises

  • Adani Road Transport (ARTL), a wholly-owned subsidiary of Adani Enterprises, has received an award letter for the development of the six-lane Badkumari – Karki section of NH-130-CD Road under the Raipur-Visakhapatnam Economic Corridor in Odisha.
  • Adani Enterprises, along with its wholly-owned subsidiary, Gare Palma II Collieries Private Limited, has signed a coal mining agreement with Maharashtra State Power Generation Company (Mahenco) for the development and operation of the Gare Palma Sector II coal mine.

Maruti

  • Suzuki Motor Gujarat (SMG), a 100 percent subsidiary of Suzuki Motor Corporation for the production of automobiles in India.
  • Maruti Has completed the construction of Plant C and commenced production from April 2021.

Hero Moto Corporation

  • Hero MotoCorp sold 576,957 units of motorcycles and scooters in March 2021, registering a 72% increase on the same month of the previous year.
  • The company sold 334,647 units in March 2020.

Britannia Industries

  • Britannia Industries has declared an interim dividend at 6,200 percent i.e. 62 per equity share for the financial year 2020-21.
  • However, the record date for determining shareholders’ eligibility for payment of an interim dividend has been set as 10 April.

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