Stocks in Focus on June 10: Bajaj Auto, Dr. Reddy’s, Butterfly Gandhimathi and more

Investing.com — Bajaj Auto (NS: BAJA): The auto company’s board of directors will meet on June 14 to consider the share buyback proposal.

Dr. Reddy’s Laboratories (NS: REDI): A subsidiary of the pharmaceutical company has entered into an agreement with US-based biotech company Olema Pharmaceuticals (NASDAQ: OLMA) for research and development of novel small molecule inhibitors of unknown oncology targets.

Escorts (NS: ESCO): The tractor maker has got the necessary approval to change its name to Escorts Kubota with effect from June 9, 2022, as Japanese company Kubota Corp (TYO: 6326) has increased its stake in Escorts to 44.8%.

Power Finance (NS: PWFC) Corporation: Power Sector Public NBFC will develop a transmission system for power extraction from the renewable energy sector in Rajasthan.

Butterfly Gandhimati Appliances (NS: BUTT): Major electrical appliance maker Crompton Greaves (NS: CGPO) Consumer Electricals has raised its stake in the company by acquiring a 26% stake through an open offer on June 8, and now holds 81%. Is. equity share.

Read More: Fixed Deposit: Customers’ EMI burden will increase if the repo rate rises, but these three banks have given them the good news.

HFCL (NS: HFCL): The telecom gear maker has received fresh orders from leading private telecom operators and EPC players for the supply of UBRs, accessories, and optical fiber cables, with a total order value of Rs 73.39 crore.

Sona BLW Precision Forgings (NS: SONB): Components Manufacturing Company has re-appointed Vivek Vikram Singh as its MD & Group CEO for a period of 5 years with effect from July 5, 2022, subject to the approval of shareholders.

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