Bodal Chemicals| AIA Engineering | Anjani Portland Cement | Kirloskar Brothers | Precision Camshafts | Neuland Laboratories | Tata Steel | Jindal Steel & Power | JSW Steel | SAIL | HCL Technologies | Bharti Airtel
Market Update:
On May 25, SENSEX ended in red by losing 14.37 points or 0.03 percent, whereas NIFTY ended in green by gaining 10.75 points or 0.07 percent. The SENSEX closed at 50,637.53 and NIFTY closed at 15,208.45.
Stocks under F&O ban on May 26, 2021 :
1. Canara Bank
2. Punjab National Bank
3.Amararaja Batteries
Stock out of ban on May 26, 2021:
1. Bharat Heavy Electricals Limited, The closing price of BHEL on May 25 was at 74.60.
Stocks To Focus:
1. Bodal Chemicals Limited [NSE : BODALCHEM] : Bodal chemicals has incorporated a subsidiary company in Indonesia.
2. AIA Engineering Limited [NSE: AIAENG] : AIA Engineering Limited company decided a dividend of rupees 9 per equity share.
3. Anjani Portland Cement Limited [NSE: APCL] : Anjani Portland Cement's board decided a dividend of rupees 5 per equity share.
4.Kirloskar Brothers Limited [NSE: KIRLOSBROS] Kirloskar brothers company board meeting was held on May 25 ( yesterday) and decided a dividend of 3 rupees per equity share.
5.Precision Camshafts Limited [NSE: PRECAM] : Precision Camshafts company decided dividend of 1 rupee per equity share.
6. Neuland Laboratories Ltd [NSE: NEULANDLAB] : Neuland Laboratories has received approval for CEP from EDQM ( European Directorate for the Quality of Medicines & HealthCare). Neuland is the first CEP (Certificate of Suitability) holder for this API.
7. Tata Steel: Credit suisse downgraded tatasteel to neutral and given a target of 1250 rupees.
8. Jindal Steel & Power Limited [NSE: JINDALSTEL] : Credit Suisse downgraded Jindal Steel and Power to neutral from outperform and the revised target was at 450 rupees.
9. JSW Steel [NSE: JSWSTEEL] : Credit Suisse downgraded jsw steel to underperform from neutral and also given a target of 550 rupees.
10. Steel Authority of India Limited [NSE: SAIL] : Credit Suisse rated Steel Authority Of India as Neutral and given a target of 140 rupees.
11. Hcl Technologies Limited [NSE: HCLTECH] : CLSA ( Credit Lyonnais Securities Asia) removed Hcl Technologies from india focus portfolio. CLSA replaced hcl tech with Axis bank.
12. Bharti Airtel Limited [NSE: BHARTIARTL]: Macquarie said Bharati airtel is performing better than JIO in ARPU (Average revenue per user).
