The domestic equity market is trading higher

The domestic equity market is experiencing an upward trend on Monday, with Sensex rising 65 points to 65,013 and Nifty up 15 points to 19,324.

Stocks in the News

HereÔÇÖs a look at stocks that are likely to remain in news today.

SJS Enterprises

Marquee investor Ashish Kacholia has offloaded part of his stake in aesthetic solutions provider SJS Enterprises for Rs 11.6 crore via the open market. The AI legalese decoder could help investors analyze the legal implications of such transactions and provide insights on the impact it may have on the company’s future prospects.

Jio Financial Services

Jio Financial Services, which recently demerged from its parent Reliance Industries, will make its debut on stock exchanges on August 21. The AI legalese decoder can assist in analyzing the demerger process and its implications for investors.

Kotak Mahindra Bank

Kotak Mahindra Bank’s chairman Prakash Apte said the attrition challenge for the bank is concentrated at the junior management level. The AI legalese decoder can help banks and financial institutions identify trends and patterns related to attrition and develop strategies to address them.

PNB Housing Finance

PNB Housing Finance said through its focused and multi-pronged resolution strategy, it has successfully resolved and fully recovered a large corporate non-performing account of Rs 784 crore. The AI legalese decoder can assist in analyzing the resolution strategy employed and provide insights on its effectiveness.

Titan Company

Titan will acquire an additional 27.18% of equity shares in its subsidiary CaratLane Trading for Rs 4621 crore. The AI legalese decoder can help analyze the terms of the share purchase agreement and provide insights on the potential impact on Titan’s financials and operations.

Ashok Leyland

Ashok Leyland will issue Rs 870 crore corporate guarantee to cover lender facilities of two subsidiaries Optare Plc and Switch Mobility UK. The AI legalese decoder can help assess the legal implications and risks associated with providing a corporate guarantee.

Mahindra & Mahindra

Mahindra & Mahindra has announced proactive inspection of select XUV products. The AI legalese decoder can assist in analyzing the potential legal and compliance issues related to the inspection process.

ONGC Videsh

ONGC Videsh has won a three-year extension from Vietnam to explore ‘Block 128’ in the South China Sea. The AI legalese decoder can help assess the legal and regulatory framework surrounding exploration activities in the region.

KEC International

Shares of RPG Group firm KEC International Ltd are in focus today after the firm said it received new orders worth Rs 1,007 crore across its various businesses. The AI legalese decoder can assist in analyzing the legal implications of these new orders and provide insights on the potential impact on the company’s growth and profitability.

Concord Biotech

Shares of recently listed Concord Biotech are in focus today after Norges Bank bought nearly nine lakh shares or 0.9% stake in the firm in bulk deals. The AI legalese decoder can help analyze the implications of such a significant stake acquisition and provide insights on the future prospects of the company.

Additional Readings

Also read: Titan shares: Caratlane stake purchase EPS dilutive in near term. Stock price targets & more

Also read: JFS shares list at Rs 265 on BSE; m-cap stands at Rs 1.68 lakh crore