Tata Steel, Bajaj Auto, Bank of Baroda among stocks to watch out for on June 28

Jun 28, 2022

By: Bhakti Makwana

Bajaj Auto

The two-wheeler maker will buy back shares worth ₹2,500 crore consisting of 54.35 lakh shares via open market at ₹4,600 per share.

Credit: BCCL

Tata Steel

The ratings agency Moody's revised the outlook on the company to 'positive' from 'stable' as it expects the firm to reduce its debt by at least $1 billion in FY23.

Credit: BCCL

JSW Steel

The ratings agency Moody's revised the outlook on JSW Steel to 'stable' from 'positive'.

Credit: BCCL

Bank of Baroda

The state-owned bank has announced that it will raise up to ₹5,000 crore in FY23.

Credit: BCCL

Star Health and Allied Insurance Company

The health insurance company has signed an agreement with IDFC FIRST Bank to distribute health insurance solutions to the bank's customers.

Credit: BCCL

Aurobindo Pharma

The company has received a warning letter from SEBI for non-disclosure of details related to an ongoing audit of one of its manufacturing units in Hyderabad and observations made by USFDA.

Credit: BCCL

Cipla

The pharma company has agreed to acquire an additional stake for nearly ₹26 crore in digital tech company GoApptiv.

Credit: BCCL

GMR Infrastructure

Its subsidiary Delhi International Airport said that it had successfully completed the issuance of five-year non-convertible debentures (NCDs) amounting to ₹1,000 crore, which will now partly fund its Phase 3A expansion programme.

Credit: BCCL

Sterling Tools

Sterling Gtake E-mobility, a subsidiary of the firm, ventured into electric light commercial vehicles segment in India.

Credit: Sterling-Tools

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