Bharat Petroleum, Hindalco, Coal India, HDFC: Top stocks to watch on May 27
SUMMARY
Stocks in news: US stocks opened on a positive note on Friday while Asian stocks had a mixed start. SGX Nifty futures were up by 0.55 percent to 16,265 indicating a gap-up start for the Indian market. Stocks such as Bharat Petroleum, Hindalco, Coal India, HDFC among others will be in focus today. Here are top stocks to watch out for today-
By CNBCTV18.com May 27, 2022 7:28:45 AM IST (Published)
Paradeep Phosphates Ltd | Country’s second largest manufacturer of non-urea fertilisers and DAP ((diammonium phosphate) is expected to make its debut on the bourses today.
Bharat Petroleum Corporation Limited | The government, on Thursday, withdrew its offer to sell its entire 52.98 percent stake in the oil and gas explorer and producer.
Hindalco Industries Limited | The aluminium and copper manufacturing company reported its highest-ever quarterly net profit of Rs 3,851 crore for the quarter ended March 2022.
HDFC | The country’s largest mortgage lender has sold 10 percent of its stake in HDFC Capital Advisors Ltd (HCAL) to Abu Dhabi Investment Authority for Rs 184 crore.
Muthoot Finance Ltd | The company reported a 3.6 percent drop in standalone net profit at Rs 960 crore for the fourth quarter ended March 2022. The company reported a net profit of Rs 995.66 crore year-on-year.
Union Bank | Post Board’s approval, the state-owned lender will raise up to Rs 8,100 crore through equity shares, additional tier I capital and tier II bonds.
