Stocks in news: Gland Pharma, Axis Bank, Tata Motors, UCO Bank, Jana SFB
Two entities – Nicomac Machinery and RP Advisory Services – are likely to sell upto 4.4% stake in Gland Pharma through block deals on Tuesday, according to news reports.
Benchmark indices reached their fresh record highs on Monday, amid optimism in global markets. In today's trade, shares of , , , , among others will be in focus due to various news developments.Axis Bank
Private equity firm Bain Capital is likely to sell 33.4 million shares of Axis Bank through a block deal on Tuesday, according to reports.
Gland Pharma
Two entities – Nicomac Machinery and RP Advisory Services – are likely to sell upto 4.4% stake in Gland Pharma through block deals on Tuesday, according to news reports.
Read more: Here's the trade setup for today's session
UCO Bank
UCO Bank's total deposits rose 5% to Rs 2.6 lakh crore, while advances increased 16% to Rs 1.87 lakh crore in the quarter ended March 2024.
Jana SFB
Rajesh Rao has resigned as the Chief Operating Officer (COO) of Jana Small Finance Bank with effect from July 5.
Dilip Buildcon has been declared lowest bidder for a project worth Rs 1,092.46 crore by Haryana Rail Infrastructure Development Corp.
Dwigesh B Joshi has resigned as the Executive Director and Chief Financial Officer of the company with effect from April 8.
Tata Motors
Tata Motors arm JLR reported that its full year sales are up over 20% year-on-year reflecting improved production and sustained global demand. Wholesale volumes of 110,190 units in the fourth quarter (excluding the Chery Jaguar LandRover China JV) were up 16%.
Source: Stocks-Markets-Economic Times
