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

$92.8 million

Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

Published

3 weeks ago

on

January 30, 2025

By

Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

Akshay Kumar and Priyadarshan, the acclaimed Indian director, celebrated their 68th birthday on Instagram. Kumar, who has worked with Priyadarshan on several cult comedies of the early 2000s, wished him a happy birthday and called him a mentor. The duo is now back together for their upcoming horror-comedy, Bhooth Bangla.

The first poster of the movie has been released, and it is expected to hit theaters in 2025. Akshay Kumar wore a black fedora and a green jacket, layered over a black tee, and fans have expressed their excitement for their new movie.

Advertisement

The duo’s dynamic and deep bonding have been praised by fans, who have expressed high anticipation for their new movie. The first poster of Bhooth Bangla has already been released, and the movie is expected to hit theaters in 2025.

Akshay Kumar, the versatile Bollywood actor, recently celebrated director Priyadarshan’s birthday by sharing a behind-the-scenes (BTS) photograph from their upcoming film, “Bhooth Bangla.” In the image, Akshay humorously captioned, “Surrounded by ghosts…” The photo features Akshay alongside Priyadarshan and co-actor Paresh Rawal, all dressed in traditional attire, with a black cat perched on Akshay’s shoulder, adding a whimsical touch to the scene.

Reunion After 14 Years

This collaboration marks a significant reunion between Akshay Kumar and Priyadarshan, who last worked together on the film “Bhool Bhulaiyaa” in 2007. Their partnership has been celebrated in the past for delivering successful comedies like “Hera Pheri” and “Garam Masala.” Fans have eagerly anticipated their return to the big screen together, and “Bhooth Bangla” promises to be a delightful addition to their repertoire.

Advertisement

About ‘Bhooth Bangla’

“Bhooth Bangla” is a horror-comedy that blends elements of suspense with humor, a genre in which both Akshay Kumar and Priyadarshan have excelled. The film is produced by Balaji Telefilms Ltd in association with Cape of Good Films. The motion poster released earlier this year features Akshay Kumar in a suit, with a cat on his shoulder, licking milk slyly, setting the tone for the film’s intriguing and humorous premise.

instantbollywood.com

Anticipation and Fan Reactions

Advertisement

The BTS photo shared by Akshay Kumar has generated excitement among fans, who are eager to see the trio back together on screen. The playful caption and the presence of the black cat suggest that “Bhooth Bangla” will offer a mix of thrills and laughs, staying true to the successful formula of their previous collaborations.

As the release date for “Bhooth Bangla be a significant highlight in the upcoming entertainment lineup. The reunion of Akshay Kumar, Priyadarshan, and Paresh Rawal, combined with the intriguing premise and the playful BTS moments, has set high expectations among audiences. Fans can look forward to a cinematic experience that promises both chills and chuckles.

For a visual glimpse into the making of “Bhooth Bangla,” you can watch the following video Akshay Kumar expressed his gratitude as they once again united for their upcoming movie Bhooth Bangla. This marks a new chapter in their long-standing collaboration since the 2000s. He shared a picture from behind the scenes of their new movie, where it seems like they are laughing about something.

Akshay wrote,”Happy Birthday, Priyan Sir! What better way to celebrate than by spending the day on a haunted set, surrounded by ghosts…both real and unpaid extras? Thank you for being a mentor, and the only person who can make chaos look like a masterpiece. May your day be filled with fewer retakes. Wishing you a fantastic year ahead!”

Advertisement

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

Continue Reading
Anyskill-ads

Facebook

Trending