On April 1, the stock market had gained over 1% to give a positive ending. The BSE Sensex rose 520.68 points or 1.05% to close at 50,029.83 on Thursday. In parallel, the NSE Nifty hiked 176.65 points or 1.20% to close at 14,867.35. The market stayed close on Friday, on the occasion of Good Friday.
On April 5, Monday the indices are anticipated to give a gloomy opening. The SGX Nifty was trading at 23.30 points or 0.16 percent to lower at 14,912.80 at 7:41 am.
Here’s the list of top stocks in focus for investors:
Maruti Suzuki India: The Suzuki Motor Gujarat which is a 100% subsidiary of Suzuki Motor Corporation, has completed the construction of Plant C. The plant has started the production of automobiles in April 2021.
The company in its BSE filing has said, “With the production starting at the Plant C, which has an annual production ability of 2,50,000 units, together with Plant A and Plant B, the total ability of SMG will be 750,000 units.” On April 1, the stock closed 0.92 percent higher and settled the day at Rs 6,922.60.
Reliance Industries: The company has secured the approval of its shareholders and creditors for the demerger of its oil to chemical business into a separate unit. The shares of the industry were under stress after the oil-to-chemical major announced it is hiving off of its oil-to-chemicals business into a wholly-owned subsidiary.
Britannia Industries: The company has declared an interim dividend at 6200% that is Rs 62 per equity share of the face value of Re 1 each for the Financial year 2020-21. The board of directors of the company has fixed Saturday, April 10 as the record date for determining the eligibility of shareholders for payment of interim dividend.
Adani Enterprises: Along with its wholly-owned subsidiary company Gare Palma II Collieries Pvt. Ltd., Adani Enterprises has signed the coal mining agreement with Maharashtra State Power Generation Company (MAHAGENCO) for the development and operation of the Gare Palma Sector II coal mine. On April 1, the stock closed 7.42 percent higher at Rs 1,107.30
HDFC: According to the company, the individual loan business has continued to see improvements in Q4FY21. The company has assigned loans to HDFC bank worth Rs 7,503 crore against Rs 5,479 crore YoY.
TVS Motor Company: In March 2020 the TVS Motor Company had recorded sales of 1, 44,739 units. However, in March 2021 the company has reported sales of 3, 22,683 units.
Disclaimer: All information is for education purposes only.