M&M, Coal India, Vedanta, RBL Bank among stocks to watch out on June 13

Jun 13, 2022

By: bhakti.makwana@timesinternet.in

Credit: BCCL

Mahindra & Mahindra

The automaker has planned to set-up a new plant in Mohali, Punjab for tractors fuelled by strong demand in the first two months of FY23.

Credit: BCCL


Billionaire Anil Agarwal-owned Vedanta's iron & steel sector has started iron ore mining in Liberia, West Africa.

Credit: Wikipedia

Coal India

The state-owned coal producer has floated two bidding e-tenders of 3 million tonnes each from overseas to secure domestic stocks amid fear of shortage during monsoon.

Credit: Wikipedia

Bank of Baroda

The lender has hiked marginal cost of funds-based lending rates by 10-20 basis points across loan tenures effective June 12.

Credit: BCCL

RBL Bank

The Mumbai-based lender has appointed R Subramaniakumar as the new MD & CEO for three years.

Credit: RBL Bank


Allegedly the government is likely to invite initial bids for strategic sale by July-end, according to CNBC-TV18.

Credit: Lemon Tree Hotels


According to SEBI, the anchor investors are expected to hold the shares for at least one month after the allotment in the IPO. So the 30-day lock-period ends today, which could lead to some selling in the shares.

Credit: Lemon Tree Hotels

Lemon Tree Hotels

The company has signed a license agreement for 44-room property under its ‘Keys Lite brand’ in SreeKanya, Visakhapatnam, Andhra Pradesh.

Credit: Lemon Tree Hotels

Ratnamani Metals & Tubes

The mid-cap company has planned a bonus issue in the ratio of 1:2 along with a dividend of ₹14 per equity share for the FY22.

Credit: Ratnamani Metals & Tubes

Rajesh Exports

The jewellery exporter has planned to set up a ₹24,000-crore display fab facility in Telangana.

Credit: Rajesh Exports

RIL, banks, Bajaj Auto, Dr Reddy’s among stocks to watch out for on June 10