Some stocks are ready to show action in the market due to positive trigger. If you are looking for better stocks in intraday, then you can keep an eye on them.
Stocks in Focus Today: High volatility is being seen in the stock market. After the weakness of last week, this week also started with a sharp decline in the market. On Monday, the Sensex had weakened by 1500 points in intraday. Even today, the global sentiments for the market are mixed. Volatility is expected to continue further due to corporate earnings, geopolitical tensions, inflation and rate hike cycles. However, in the meantime some stocks are ready to show action in the market due to positive trigger. If you are looking for better stocks in intraday, then you can keep an eye on them. Today’s list includes names like TVS Motor Company, Wipro, Mindtree, ACC, Larsen & Toubro Infotech, Mastek, PCBL, Godavari Drugs, Eveready Industries India, Ujjivan Financial Services, Rail Vikas Nigam, SJVN and Sanofi India.
TVS Motor Company
Jwalamukhi Investment Holdings has sold 32,62,840 equity shares in TVS Motor Company through an open market transaction. These shares were sold on NSE at an average price of Rs 650 per share.
The large-cap IT services company has appointed Satya Easwaran as the country head of India.
Midcap segment IT company Mindtree’s profit has increased by more than 8 percent to Rs 473 crore during January to March 2022 on a quarterly basis. At the same time, revenue increased by 5.4 percent to Rs 2897.4 crore. Revenue in dollar terms grew 4.8 per cent on a quarterly basis to $383.8 million. However, the EBIT margin declined to 18.9 percent from 19.2 percent in the previous quarter. The company has recommended an interim dividend of Rs 27 per equity share for the entire financial year.
Results of these companies including ACC
Today i.e. on April 19, ACC is going to release its quarterly results. Apart from this, Larsen & Toubro Infotech, Mastek, Tata Steel Long Products, PCBL, Benares Hotels, Godavari Drugs and Longview Tea Company will also release their quarterly results.
Eveready Industries India
Puran Associates Pvt Ltd and others acquired 76,534 equity shares in the company through an open market transaction on April 18. With this, his stake in the company increased to 20.07 per cent from 19.96 per cent earlier.
Ujjivan Financial Services
Ujjivan Financial Services said in a BSE filing that the board has appointed Radhakrishnan Ravi as the chief executive officer (CEO) and chief financial officer (CFO) of the company.
Rail Vikas Nigam
Rail Vikas Nigam has signed a Memorandum of Understanding (MoU) with Mahanadi Coalfields (MCL), a subsidiary of Coal India. MCL has given project management consultancy contract to Rail Vikas Nigam for rail infrastructure works.
SJVN has achieved financial closure by signing a loan agreement of Rs 494 crore with Himachal Pradesh State Cooperative Bank for development of 66 MW Dhaulasidh HEP (DSHEP) in Himachal Pradesh. Under this, the construction activity has started from May 2021. The total project cost of DSHEP Rs 688 crore is to be financed through a debt equity ratio of 80:20.
Sanofi India has appointed Rodolfo Hrosz as Additional Director and Managing Director of the company. It is effective from June 1 for a period of 3 years.