Stocks in Focus on Jun 24: ONGC, Hero Moto, Thermax, Suyog Telematics & More

  • Stock Market News
Stocks in Focus on Jun 24: ONGC, Hero Moto, Thermax, Suyog Telematics & More

By Malvika Gurung -- ONGC: Subsidiary and overseas arm ONGC (NS: ONGC ) Videsh has discovered oil in a recently drilled well Urraca-IX in Columbia.

Hero MotoCorp (NS: HROM ): The two-wheeler auto manufacturer will raise the prices of motorcycles and scooters by nearly Rs 3,000, starting July 1 to partially offset the rising input cost inflation.

HDFC (NS: HDFC ) Life Insurance: The insurer has partnered with Cardiotrack (Uber Diagnostic)  to develop a unique test for cardiac risk assessment at home for those wanting to apply for its insurance policy.

Tata Power (NS: TTPW ): The company has begun working upon an ambitious project of setting-up EV charging stations across the country over the next 3-5 years, connecting Kashmir to Kanyakumari, and Guwahati to Dwarka and Bikaner.

Thermax (NS: THMX ): Subsidiary First Energy has acquired two companies Jalansar Wind Energy and Jalansar Wind Energy.

Ashiana Housing (NS: AHFN ): The realty company has entered into a JV with Lohia Jain Group for a premium residential project on land of 11.33 acres, with an investment of Rs 300 crore.

Hindusthan National Glass (NS: HNGI ): The container glassmaker’s promoter has Rs 1,380 crore cash and 10% equity to lenders as a settlement in an attempt to exit bankruptcy proceedings.

Suyog Telematics Ltd (BO: SUYO ): Nariman Investment Holdings has sold 4.02 lakh shares of the company on June 22, reducing shareholding from 22.89% to 19.05%.

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