HDFC Bank, PVR, Inox Leisure among stocks to watch out for on June 22

Jun 22, 2022

By: Bhakti Makwana

HDFC Bank

The lender proposes to double its branch network in the next three to five years by adding 1,500 to 2,000 branches annually, according to Mint.

Credit: BCCL

PVR, Inox Leisure

Both multiples majors have received approval from the BSE and the NSE for the merger.

Credit: BCCL

Hero MotoCorp

The two-wheeler maker has launched three of its Euro-5 compliant variants in Turkey and expanded its offerings there, where it started operations in 2014.

Credit: BCCL

Coal India

Adani Enterprises and 10 other coal importers have shown interest in the bidding for coal import tenders led by Coal India.

Credit: BCCL

Yes Bank

The lender announced the introduction of floating-rate fixed deposits for the bank’s domestic customers with the rate of interest linked to the benchmark repo rate.

Credit: BCCL

HDFC Life Insurance

The company has declared the highest ever bonus on its participating plans with a bonus of ₹2,465 crore and 15.87 lakh policyholders are eligible for it.

Credit: BCCL

Ansal Properties & Infrastructure

The Central Pollution Control Board has imposed a fine of ₹100 crore on the real estate conglomerate for violating environmental laws at a residential project in Gurugram.

Credit: BCCL

Filatex India

CARE has revised its credit rating on the company's long-term bank facilities to A , from 'A', with a stable outlook.

Credit: BCCL

Som Distilleries & Breweries

In May, its mainline beer brand 'Hunter' had a market share of 55 percent in the premium beer segment in Madhya Pradesh, which is the highest among all the premium beer manufacturers in the State.

Credit: Som-Distilleries-Breweries

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