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

Jun 10, 2022

By: bhakti.makwana@timesinternet.in

Credit: BCCL

Reliance Industries

A consortium of RIL and Apollo Global Management Inc. emerged as the strongest contender to acquire Walgreens Boots Alliance international arm in the UK, whose assets are valued at $7-8 billion.

Credit: BCCL

Bajaj Auto

The two wheeler company’s board plans to consider share buyback on June 14.

Credit: BCCL

HDFC, ICICI Bank, Bank of Baroda, PNB, Bank of India

These banks have increased their retail prime lending rate (RPLR) after RBI hiked interest rates for the second time.

Credit: BCCL

Dr. Reddy's Laboratories

The company’s subsidiary has inked a pact with US-based Olema Pharmaceuticals for $8 million to discover and develop novel cancer therapies.

Credit: BCCL

IIFL Finance

Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) will buy a 20 percent stake in the company subsidiary IIFL Home Finance for ₹2,200 crore.

Credit: Escorts

Shriram Transport Finance Company

The NBFC has raised $250 million from US International Development Finance Corporation.

Credit: Escorts

HFCL

The company has bagged orders for supply of UBRs (unlicensed band radio) and optical fibre cables worth ₹73.39 crore.

Credit: Escorts

Escorts

The company informed BSE that it has formally changed its name from Escorts to Escorts Kubota.

Credit: Escorts

Sona BLW Precision Forgings

The automotive part manufacturer has reappointed Vivek Vikram Singh as the MD and Group CEO.

Credit: BCCL

Wipro, Yes Bank, Tata Power among stocks to watch out for on June 9