Stocks To Watch: Tata Motors, PNB Housing, Sun Pharma, Vedanta, Indian Oil, And Others
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Stocks To Watch On June 20: Domestic markets experienced volatility on Wednesday and closed nearly unchanged amidst mixed signals. In today’s trade, shares of Vedanta, PNB Housing, Best Agrolife, Mas Financial, Brigade Enterprises among others will be in focus due to various news developments.
Tata Motors: The automobile giant announced that it will increase prices of its commercial vehicles by 2 per cent from July 1.
PNB Housing: Asia Opportunities Fund and General Atlantic plan to sell 4.2 per cent stake in PNB Housing via block deals on June 20, according to reports.
Brigade Enterprises: Brigade Enterprises secures Rs 150 crore agreement to develop the third tower at World Trade Center (WTC) in Infopark, Kochi.
MAS Financial: The company has launched Rs 400 crore QIP, with an option for an additional Rs 100 crore.
Sun Pharma: The pharma company has received a warning letter from United States Food and Drug Adminsitration (USFDA) for cGMP violations at its Dadra facility.
Som Distilleries: Madhya Pradesh Excise Department cancels Som Distilleries’ licence over child labour concerns.
Vedanta: Vedanta Ltd is planning to spend $5 billion over the next decade as it looks to cut its carbon emissions by a fourth by 2030.
Indian Oil: Indian Oil has entered into a joint venture agreement with GPS Renewables for sustainable energy solutions.
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