Hero MotoCorp, Tata Motors, ONGC among stocks to watch out for on June 24

Jun 24, 2022

By: Bhakti Makwana

Hero MotoCorp

The two-wheeler maker said it will increase the prices of its motorcycles and scooters by up to ₹3,000 per unit across the entire range effective from July 1.

Credit: BCCL

ONGC

ONGC Videsh, the overseas investment arm of the firm, has made an oil discovery in an onshore block in Colombia.

Credit: ONGC

Tata Motors

The government ordered an independent enquiry into a Nexon electric vehicle catching fire in Mumbai.

Credit: DCM-Shriram

Axis Bank

Viresh Joshi, a former fund manager and chief trader of Axis Mutual Fund, has filed a lawsuit against the asset management company accusing unfairly terminating his employment in a suspected front-running case.

Credit: DCM-Shriram

Jammu & Kashmir Bank

The bank's board will meet on 28 June to consider fundraising.

Credit: DCM-Shriram

Ashiana Housing

The realty firm will invest around ₹350 crore over the next five years to develop a housing project in Pune as part of its expansion plan.

Credit: DCM-Shriram

Century Plyboards

The firm made an investment of ₹20.95 crore in its subsidiary Century Panels.

Credit: DCM-Shriram

DCM Shriram

The company will invest ₹65 crore in a special purpose vehicle (SPV) for wind-solar hybrid renewable power projects.

Credit: DCM-Shriram

Srei Infrastructure Finance

The RBI has appointed Venkat Nageswar Chalasani as a member of the advisory committee of debt ridden Srei Infrastructure Finance and Srei Equipment Finance.

Credit: BCCL

Rupee could slide to 82 as a strengthening dollar is nullifying RBI efforts