RBI Issues Circular On Levying Unfair Interest Charges On Customers

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  • Last Updated : April 30, 2024, 15:00 IST
RBI Issues Circular On Levying Unfair Interest Charges On Customers

Here is the list of top stocks that could be in focus on October 5

Indian markets made a comeback on Monday following four trading sessions of losses, helped by buying across most sectors despite losses in global markets. Today, the start of the session is likely to negative tracking sell-off in the global markets. Also, investors will be eyeing the Services PMI data to be out later in the day for further direction. Here is the list of top stocks that could be in focus on October 5.

JSW Energy: The company has signed a contract with Senvion India, a leading manufacturer of wind turbines, for the procurement of 591 MW of onshore wind turbines for the company’s under-construction pipeline of renewable energy projects

RVNL: Rail Vikas Nigam (RVNL) has entered into an MoU with Tata Steel in connection with the implementation of infrastructure projects either on a nomination basis as a deposit work or through the special purpose vehicle (SPV) route subject to the bankability of the SPV project, execution of definitive agreement and management approval.

ICICI Lombard General Insurance: Shares of ICICI Lombard General Insurance will be in focus. Societe Beaujon, AXA Group’s French investment holding company will reportedly sell 1.75 crore shares representing 3.8%
stake through block deal today, 5 October 2021. The price range is between Rs 1497.92 to Rs 1576.75 per share.

Gokaldas Exports: The company said it has launched its qualified institutional placement issue on October 4.
The floor price is Rs 194.58 per share.

Gufic Biosciences: The company said its board of directors has approved the proposal for increasing Capital Expenditure to the tune of Rs. 200 crore out of which around Rs. 180 crore is proposed to be utilised for setting up of the company’s new manufacturing unit and balance Rs. 20 crore for setting up the Research & Development facility, both in Indore, Madhya Pradesh.

HFCL: HFCL has bagged an order amounting to Rs.287.96 Crores from RailTel Corporation of India for setting up of Secured Optical Packet Switched Network for Defense Forces.

Info Edge: Info Edge (India) has approved the investment of about Rs 15 crore, through its wholly-owned subsidiary, in 4B Networks. This investment is in the exercise of a right available to the company to subscribe to 4,245 additional securities for an amount up to Rs 15 crore. As part of the company’s strategic investments, the investment would help the company to strengthen its offering in the real estate segment by providing a new platform to real estate industry professionals to conduct their business efficiently.

Max Healthcare Institute (MHIL): The company is further fortifying its presence and expanding its bed capacity in the NCR region by the addition of two new hospitals of around 500 beds each in Gurugram. This will significantly ramp up its existing footprint in the NCR region and help serve the healthcare needs of ever-expanding communities in Gurugram. The hospitals, once operational, will also cater to the economically weaker section of the society at concessional rates.

Published: April 30, 2024, 15:00 IST
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