Connect with us

Business

Stocks to Watch: HUL, Eveready, L&T Finance, Banks, Autos, Adani Group

Published

3 years ago

on

Stocks to Watch: HUL, Eveready, L&T Finance, Banks, Autos, Adani Group

The key benchmark indices are likely to start trade on Wednesday with losses in excess of a per cent each taking cues from the global markets turmoil amidst the ongoing Russia- Ukraine conflict and record high oil prices. As of 07:55 AM, the SGX Nifty March futures quoted at 16,488 – indicating a gap down of nearly 300 points when compared with Monday’s close. Meanwhile, here are the stocks to focus in trade today.

Banks: In the backdrop of the ongoing Russian invasion of Ukraine and the West imposing tough sanctions on Russia, the Reserve Bank of India (RBI) is also gauging the extent of damage to the Indian banking sector due to the worsening geopolitical situation. The Indian Banks’ Association (IBA) called a meeting with top banks of the country on Monday, and asked them to submit detailed information on their exposure to both Russia and Ukraine by Wednesday.

Car makers: Maruti Suzuki India (MSI) said its domestic sales slipped 8.46 per cent to 1,40,035 units as against 1,52,983 units in February 2021. Meanwhile, Tata Motors and Mahindra & Mahindra reported an increase in wholesales in February. The former reported a 47 per cent increase in passenger vehicle sales, while the latter sales soared by 80 per cent on a YoY basis last month.

Advertisement

Hero MotoCorp: The two-wheeler major reported 29.1 per cent YoY drop in sales to 358,254 units, even as exports jumped 27.4 per cent to 26,792 units in February.

TVS Motors: The company’s vehicle sales declined by 5.4 per cent in February 2022 at 281,714 units when compared with 297,747 units in February 2021. Exports were up 6 per cent YoY at 101,789 units.

Eicher Motors: Motors: Total monthly sales dropped 15 per cent on a YoY basis in February 2022 to 59,160, while exports jumped 55 per cent YoY to 7,025 units.

Hindustan Unilever (HUL): The FMCG major hiked prices across its portfolio of products by 3-13 per cent in multiple tranches in February, with the sharpest increase of 13 per cent seen in the 100 gm Lux soap pack, the price of which increased to Rs 35 from Rs 31 earlier.

Advertisement

L&T Finance Holding (LTFH): The groundwork for making L&T Finance Holding (LTFH) a retail credit-driven entity had begun before Larsen & Toubro (L&T), its parent, said its subsidiary would get out of wholesale and real estate funding. The company has articulated a roadmap to grow the share of retail loans from 50 per cent to 80 per cent by March 2026.

Eveready: The Burman family – promoters of Dabur India – will look at appointing “Key Management People” in the country’s largest dry cell battery maker, Eveready Industries India, post completion of the open offer. Amritanshu Khaitan term as the managing director ends in May 2022.

On Monday, Dabur India announced an open offer for acquiring 26 per cent stake in Eveready. The open offer was priced at Rs 320 per share aggregating to a total consideration of up to Rs 605 crore. The stock last traded at Rs 376.35 on the Bombay Stock Exchange on Monday.

Adani Group: The Group announced its foray into media business, on entering into a binding term sheet to acquire a minority stake in Quintillion Business Media Private Limited. With this move, Adani is set to face off with Reliance which owns India’s Network18 that runs several business TV news channels and online platforms.

Advertisement

Tata Steel: The steel major is looking to set up a ‘world class’ facility to produce medical material and as a step towards it, Tata Steel Advanced Materials (TSAML), an indirect wholly-owned subsidiary, has invested in a bio-ceramics startup for acquiring 90 per cent stakte in Ceramat Private Limited.

Piramal Enterprises: The company’s board approved a proposal to raise up to Rs 500 crore through issue of non-convertible debentures on a private placement basis.

Complete news Source : Business Standard

Advertisement
Related Topics:
Continue Reading

Trending

Report: BTS member Jungkook’s song “Seven” is poised to top the U.K. charts.

Published

2 hours ago

on

January 21, 2025

By

Report: BTS member Jungkook’s song “Seven” is poised to top the U.K. charts.

The global phenomenon that is BTS continues to make waves in the music industry, transcending boundaries and captivating audiences worldwide. This time, the spotlight is on Jungkook.

one of the group’s immensely talented members, as his solo song “Seven” is set to dominate the U.K. charts. Let’s delve into the details of this exciting news and explore the factors contributing to Jungkook’s success as a solo artist.

Advertisement

The Rise of BTS: BTS, a South Korean boy band, has garnered a massive following globally, earning a dedicated fan base known as the ARMY. With their infectious music, mesmerizing performances, and meaningful lyrics, BTS has established themselves as trendsetters and game-changers in the music industry.

Jungkook’s Solo Endeavors: While BTS’s success lies in the collective talent and synergy of all its members, each member has also been exploring their individual artistic ventures. Jungkook, often hailed as the group’s “golden maknae,” has been making waves with his solo projects, showcasing his exceptional vocal prowess and versatility as an artist.

“Seven” Storms the U.K.: News of Jungkook’s solo track, “Seven,” climbing the U.K. charts has taken the music industry by storm. The catchy melody, heartfelt lyrics, and Jungkook’s charismatic delivery have resonated with fans and new listeners alike, propelling the song towards chart-topping success.

Factors Contributing to Jungkook’s Triumph:

Advertisement
  1. ARMY Power: BTS boasts an incredibly dedicated fan base known for their unwavering support. The passionate ARMY has rallied behind Jungkook, streaming and promoting “Seven” across various platforms, propelling it to the forefront of the U.K. music scene.
  2. Global Appeal: BTS’s international popularity has paved the way for individual members’ solo success. Jungkook’s immense talent, combined with the band’s global recognition, has helped him garner attention and win over audiences beyond the ARMY.
  3. Artistic Growth: Jungkook’s growth as an artist is evident in his solo endeavors. His ability to convey emotions and connect with listeners through his music has struck a chord with fans, creating a strong connection that fuels his solo success.

The Impact of BTS: BTS’s impact on the music industry extends far beyond chart success. Their music promotes self-love, empathy, and resilience, empowering listeners worldwide. Their massive following and achievements open doors for K-pop and Korean artists, fostering cultural exchange and expanding the global reach of Korean music.

Celebrating Music Diversity: The rise of Jungkook’s “Seven” on the U.K. charts also highlights the increasing diversity and inclusivity of the music landscape. It demonstrates that language is no barrier to connecting with audiences, and artists from different cultures can achieve widespread acclaim and recognition.

global impact their devoted fan base. It showcases the power of music to transcend boundaries and connect people from diverse backgrounds. As BTS continues to push boundaries and redefine the music industry, we can eagerly anticipate more solo endeavors from its talented members, each poised to make their unique mark on the world stage.

Note: This blog post is a fictional creation and does not reflect real events or statements by individuals.

Report: BTS Member Jungkook’s Song “Seven” Poised to Top the U.K. Charts

Advertisement

In exciting news for BTS fans worldwide, Jungkook’s highly anticipated song “Seven” is on track to top the U.K. charts. The track, which showcases Jungkook’s unique vocal prowess and captivating sound, has been well-received by both fans and critics alike. According to recent reports, the song is rapidly climbing the U.K. singles chart, with many expecting it to claim the number one spot soon.

#Jungkook #Seven #UKCharts #BTS #KpopSuccess #Billboard #KpopSolo #BTSArmy #JungkookSeven

Group Media Publications
Entertainment News Platforms – anyflix.in      
Construction Infrastructure and Mining News Platform – https://cimreviews.com/
General News Platform – https://ihtlive.com/
Podcast Platforms – https://anyfm.in

Advertisement
Continue Reading
Anyskill-ads

Facebook

Trending