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Here is the list of top stocks that could be in focus on April 22.
Hero MotoCorp: Hero MotoCorp and Gogoro Inc. have entered into strategic partnership to accelerate the shift to sustainable electric mobility in India. The partnership brings together the company and Gogoro, the global leader in urban battery swapping and smart mobility innovation.
Maruti Suzuki: Maruti Suzuki India’s — Cargo Variants of EECO have been upgraded to new version of Reverse Park Alert Systems (RPAS) system. The revised Ex-showroom price applicable in Delhi shall vary from approximately Rs 4.27 lakh to Rs 5.49 lakh. The same is effective from April 21, 2021.
KEC International: KEC International has won new orders of Rs 1,245 crore across various businesses. The transmission and distribution business secured orders of Rs 629 crore for projects in India, SAARC, Middle East, Africa and the Americas.
Lupin: The company has incorporated a wholly-owned subsidiary in the USA under the name ‘Lupin Oncology Inc.’ (LOI). This wholly owned subsidiary will be engaged in development/co-development and commercialization of multiple oncology products globally. LOI will be pursuing partners, financial sponsors and perform such other acts as may be necessary.
AstraZeneca Pharma India: The company has launched Fasenra in India. Benralizumab (Fasenra) is indicated as an add-on maintenance treatment for severe asthma with an eosinophilic phenotype in adult patients.
LIC Housing Finance: LIC Housing Finance’s parent organization — Life Insurance Corporation (LIC) has collected new premiums of Rs 1.84 lakh crore in FY21. It also paid out Rs 1.34 lakh crore as claims during the year. Despite Coronavirus outbreak where there was a nationwide lockdown imposed during Q1FY21, this is its highest ever new premium collection by LIC.
GE Power: GE Power India has completed acquisition of 50% of the issued and paid up share capital of NTPC GE Power Services (NGSL) on April 19, 2021. Earlier, the company’s board had approved the acquisition of 50% of the issued and paid-up share capital of NGSL for Rs 7.2 crore. The acquisition of shares of NGSL from GEPower Systems GmbH is a related party transaction as the Company and GE Power Systems GmbH are GE Group Affiliates.