Stocks in News: Today these stocks including Infosys, Kalpataru Projects, ZEEL, Kotak Bank will be in focus, action will be seen in intraday

Stocks in Focus Today : Today i.e. on 19 June 2024, some stocks (stocks in news) are ready to show action. Due to positive triggers, these stocks can remain in focus in the market today (stocks to watch). If you are looking for better stocks in intraday, then you can keep an eye on these (Stocks in Focus). Today’s list includes stocks like Infosys, Kalpataru Projects, PTC India, Indus Tower, ZEEL, HUDCO, Kotak Mahindra Bank, Gland Pharma, Tata Technology, Rama Paper Mills, Mrs Bectors, Bharat Forge, Craftsman Automation, Newteb Technologies, Prestige Estates.

Infosys

IT giant Infosys has announced the launch of ‘Infosys Aster’, a suite of AI-powered marketing services that will help enhance brand experience, efficiency and effectiveness for business growth. The company said in a statement that with over 400 marketing assets, over 50 partners and over 20 design studios, ‘Aster’ is accelerating experience, efficiency and effectiveness for business-to-business (B2B) and business-to-customer (B2C) marketers globally.

Kalpataru Projects

Kalpataru Construction, one of the promoters of Kalpataru Projects International, sold 5.3 percent stake in the company. The deal was done through open market transactions for Rs 1003 crore. According to big deals data available on BSE, Kalpataru Construction sold 86,95,653 shares equivalent to 5.3 percent stake in Kalpataru Projects International Limited (KPIL) at an average price of Rs 1153.99 per share.

PTC India

Former Chairman and Managing Director of PTC India Rajib Kumar Mishra will approach the Securities Appellate Tribunal (SAT) against an order of the Securities and Exchange Board of India (SEBI). In this order, SEBI has barred him from becoming a director in any listed entity for six months. Mishra had to resign from the post of Chairman of PTC India Financial Services Limited (PFS) and CMD of PTC India Limited after SEBI’s order last week.

Zeel

Zee Entertainment Enterprises Chief Financial Officer (CFO) Rohit Kumar Gupta has resigned from the company. Zee Entertainment said in a notice to the stock exchange that after Gupta’s resignation, Mukund Galgali has been promoted as the company’s acting Chief Financial Officer. This change will be effective from June 19, 2024. The company’s board of directors has approved Galgali’s promotion.

Kotak Mahindra Bank

Zurich Insurance Company has completed the acquisition of 70% of the share capital of Kotak General Insurance Company. As a result, Kotak General Insurance Company has ceased to be a wholly-owned subsidiary, and Kotak Mahindra Bank now holds 30% stake in Kotak General Insurance Company.

Gland Pharma

Fosun Pharma will sell 5 percent stake in the company through block deal. Fosun Pharma has offered 8.2 million shares in the company, the floor price of which has been fixed at Rs 1750/share.