Bajaj Auto, Vodafone Idea, Delhivery, GAIL among stocks to watch out for on June 23

Jun 23, 2022

By: Bhakti Makwana

Bajaj Auto

The automobile company informed exchanges that the board of directors will meet on June 27 to consider buyback of shares of the company.

Credit: BCCL

Vodafone Idea

The telecom major will raise ₹436 crore from its UK parent Vodafone Group by issuing equity shares through various modes..

Credit: BCCL

GAIL

The company plans to liquify natural gas for easy transportation and sale in areas that are not connected with the pipeline grid and help the nation boost use of the cleaner fuel.

Credit: BCCL

IRB Infra

The company received an arbitration award of ₹419 crore from IRB Pathankot Amritsar Toll Road.

Credit: BCCL

Imagicaaworld Entertainment

The company has completed its debt resolution and appointed new promoters on the board of directors.

Credit: BCCL

Delhivery

The logistics services firm said it plans to expand its infrastructure in the two key cities of Bhiwandi (Greater Mumbai) and Bengaluru.

Credit: BCCL

Glenmark Pharmaceuticals

The USFDA has issued Form 483 with six observations for the Baddi Unit, which was inspected from June 13 to June 22.

Credit: Quess-Corp

Quess Corp

The technology-enabled staffing and outsourcing services firm has approved a merger with business process outsourcing firm, Allsec Technologies.

Credit: Quess-Corp

DCB Bank

The lender has appointed Satish Gundewar as its chief financial officer and key managerial personnel after the retirement of Bharat Laxmidas Sampat from the position.

Credit: DCB-Bank

It could be slowflation not stagflation – and it’s better for the equity markets