IDFC Bank, HDFC Bank, Titan among trending stocks to watch out for on April 7

Apr 7, 2022

By: Bhakti Makwana

IDFC

A consortium led by Bandhan Financial Holdings along with private equity firm ChrysCapital and Singapore’s sovereign fund GIC will acquire IDFC AMC.

Credit: IDFC

HDFC Bank

The bank has proposed to raise up to ₹50,000 crore through bonds on April 16.

Credit: BCCL

Titan Company

The company's jewellery business slipped 4 percent year-on-year in Q4FY22 while the watches and wearables business grew 12 percent year-on-year.

Credit: Godrej-Consumer-Products

Motherson Sumi Systems

The company has completed the acquisition of a 55 percent stake in CIM Tools, one of the leading suppliers in the aerospace supply chain based in Bengaluru.

Credit: Godrej-Consumer-Products

Macrotech Developers

Realty firm that works as Lodha brand reported 51 percent growth in its sales booking at ₹9,024 crore in FY22, which is their best annual sales ever.

Credit: Godrej-Consumer-Products

Maruti Suzuki

The automaker has announced to proactively and voluntarily recall 19,731 units of its EECO model. The recall is being undertaken to inspect and rectify ‘incorrect marking of wheel rim size’, if any, on the wheel in some of these vehicles.

Credit: Godrej-Consumer-Products

Godrej Consumer Products

The company expects to deliver close to double-digit sales growth in Q4FY22, driven entirely by pricing. However, some of the short-term challenges such as unprecedented global commodity inflation and the performance of our Indonesia business, continued to play out during the quarter, impacting consumption and margins.

Credit: Godrej-Consumer-Products

DCB Bank

Murali Natrajan has been reappointed as managing director and CEO for 2 more years till April 28, 2024.

Credit: DCB-Bank

Coffee Day Enterprises

The company has defaulted on ₹479.68 crore loan repayment and unlisted debt securities in the quarter ended March 31, 2022.

Credit: Cafe-Coffee-Day

Bank of Baroda

The lender has executed a share purchase agreement to sell the entire stake of 14 percent in India SME Asset Reconstruction Company.

Credit: BCCL

As AI takes hold of your smartphone, the end of the app era could be in sight