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These are some of the stocks that were in focus on a day market touched new highs.

Although all the shares of Adani Group were in focus on Wednesday, but the shares of Adani Enterprises and Adani Green had maximum action. The stock of Adani Enterprises saw a jump of up to 6 per cent in intraday. The stock touched a high of 2418.60 rupees in the first few minutes after a block deal of 1.8 crore shares, and was the top gainer in the Nifty 50 list. This deal was struck at Rs 2300/sh, valuing the deal at Rs 4100 cr. On the contrary, Adani Green Energy, which also saw a block deal of 4.18 cr shares, declined more than 6 percent. At one point the stock had slipped below Rs.900. However, the closing happened with a substantial recovery. The block deal was struck at Rs 930/sh. The value of the deal is estimated at Rs 4,412 crore. It is believed that GQG Partners, IHC and some other investors have bought shares in this block deal. After which the market cap of the entire group has reached around Rs 10 lakh crore.

 Titagarh Rail shares hit 52-week high on new order of Rs 857-cr Gujarat Metro project
Shares of Titagarh Rail touched a record high of Rs 528.75. The share jumped up to 5 percent. The reason behind the rise on Wednesday is the big order received from Gujarat Metro Rail Corporation. The order is valued at Rs 857 crore. In the last 1 year, this stock has increased more than 5 times. The execution of this order will start 76 weeks after the contract is signed and the order is expected to be completed in 132 weeks from the date of commencement. Earlier on June 15, the company and a consortium of Ramkrishna Forgings Limited ie RKFL had received an order for 15,40,000 forged wheels from the Railways.

LTIMindtree may enter Nifty after HDFC exit
Shares of the country’s sixth largest IT company LTIMindtree touched a record high of Rs 5,210 on Wednesday. During the day, the stock saw a jump of up to 1 percent, although there was some profit booking before closing. The uptrend in this stock is linked to the merger of HDFC-HDFC Bank. HDFC will be delisted from markets on July 13 and a slot in Nifty would open up. According to reports LTIMindtree may replace HDFC in the index..If this happens, the stock is expected to attract $15-16 million funds. Jefferies has given an underperform rating on the stock because it believes that weak economic conditions and global Reduction in IT spending will impact the company’s earnings growth.
Sheela Foam jumps 8% on report, may buy Kurlon Enterprise for Rs 3,250 cr
Furnishing company Sheela Foam’s stock saw a jump of more than 8% on Wednesday. The stock also touched a high of 1272.6 rupees during the day. In fact, according to media reports, Sheela Foam may buy its rival Kurlon Enterprise and the deal is said to be worth 3,250 crore rupees.. The deal may double the market share of the company. In the organized sector, the market share of Sheela Foam can increase to 35-40 percent, which is currently between 20-25 percent. According to the report, this deal may be completed in two phases in which 100 percent share of Kurlon will be bought. It is believed that this deal can be completed in the next 2 months.