These stocks are likely to be in focus on February 21
At market close on Friday, the Sensex was at 57,832.97 down by 59.04 points or 0.10% and the Nifty was at 17,276.30 down by 28.30 points or 0.16%.
On the BSE, 1158 shares have advanced, 2196 shares have declined and 117 shares remain unchanged.
These stocks are likely to be in focus for Monday's trading session –
Ambuja Cements Limited: The Board of Directors of the company has approved an in-principle investment of Rs 3,500 crore for a cement grinding expansion plan of potential 7 mtpa across the existing grinding units at Sankrail and Farakka and a greenfield location at Barh in Bihar. Currently, the company has an annual cement production capacity of 31 million tons per annum (mtpa) with six integrated cement manufacturing plants and eight cement grinding units across the country. The scrip of Ambuja Cement was down by 5.87% at Rs 338.30 at market close on the BSE.
Hero Motocorp Limited: Hero Motocorp has inaugurated its new dealership - Surya Hero in Jaipur, Rajasthan. Surya Hero will act as a one-stop-shop for all the sales and customer service requirements, in addition to offering the latest range of Hero-branded merchandise and accessories at the dealership. The new facility is spread over an area of over 30,000 sq. ft. combines a physical and 360-degree digital retail proposition to its customers. The showroom features an Experience Zone featuring Virtual Reality to bring customers face-to-face with the latest updates on Hero MotoCorp's product range. The shares of the company were down by 0.03% at Rs 2776.30, at market close on the BSE.
Reliance Industries Limited: Reliance Industries Ltd (RIL) has listed its existing foreign currency bonds aggregating over USD 7 billion on India INX, making it the largest such listing by a private entity in India INX and GIFT IFSC. The securities include the USD 4 billion worth of jumbo bonds raised in January 2022, which was termed as the largest ever foreign currency bond issuance by an Indian entity. At present, the total bond listings on the exchange are at over USD 41 billion. The scrip of Reliance was 0.85% down on the BSE at Rs 2424.15.
52-week high stocks – From the BSE 500 pack, only the stock of Adani Green Energy has hit its 52-week high on Friday.
About the Author
Start Investing Now!
Open Free Demat Account in 5 mins