Stocks to Watch: ONGC, Hero MotoCorp, J&K Bank

Here is the list of the top 10 stocks likely to be in focus on Friday:

ONGCONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corporation (ONGC), has made an oil discovery in a bloc in Colombia, the company said Thursday.

Hero MotoCorp: India’s largest two-wheeler manufacturer, Hero MotoCorp, said on Thursday it would lower the prices of its motorcycles and scooters by up to 3,000 per unit across the range from July 1.

Jammu & Kashmir Bank: The bank’s board will meet on June 28 to discuss fundraising.

Dish TV: A division bank of the Bombay Supreme Court on Thursday rejected a request filed by Dish TV’s promoter group to stop Yes Bank from voting at the DTH operator’s extraordinary general meeting.

Tata Motors: The government has ordered an independent investigation into a Nexon electric vehicle that caught fire in Mumbai, a senior official at the Ministry of Road Transport and Traffic said Thursday. Tata Motors said it is also investigating the incident in which its Nexon EV caught fire in Mumbai.

Century Plyboards: The company made an investment of 20.95 crore in its subsidiary Century Panels.

Dalmia Bharat: Shares of cement companies have been knocked down by increasing cost pressures and inadequate price increases. The shares of Dalmia Bharat Ltd are no exception, the stock has fallen 32% so far in CY22. The lagging trend in the stock could continue due to looming near-term margin challenges.

Suyog Telematics: Nariman Investment Holdings sold over 4 lakh shares in Suyog Telematics through open market operations.

Ashiana Housing: Real estate firm Ashiana Housing will invest approx. 350 crore over the next five years to develop a housing project in Pune as part of the expansion plan. The company is affiliated with the Pune-based Lohia Jain Group, which owns 11.33 hectares of land in the Hinjewadi region.

Thermax: Energy and environmental solutions company Thermax bought two companies in the renewable energy sector in India.

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