Stock Recommendations:
- Bajaj Electricals cut to ‘hold’ from ‘buy’ at price target set at Rs 1,180.
- Havells India raised to ‘buy’ from ‘hold’ at price target set at Rs 1,310.
- HDFC Life raised to ‘buy’ from ‘hold’ at price target set at Rs 650.
Bajaj Electricals
City Union Bank Stock Price Gains On Bonus Announcement
Gold Silver Reports (GSR) – City Union Bank Gains On Bonus Announcement – Shares of the lender extended gains for the second day and rose as much as 2.7 percent, the most in three weeks to Rs 186.5. The bank’s board had proposed a bonus of 1:10 and fixed July 11 as the record date, according to its statement on the exchanges.
Bajaj Electricals Surges To Record High After Order Win
Gold Silver Reports (GSR) – Bajaj Electricals Surges To Record High After Order Win — Bajaj Electricals Surges To Record High After Order Win – Shares of the consumer electrical maker rose as much as 7.6 percent to surge to a record high at Rs 665.95. – The company bagged order worth Rs.3577.93 crore from Madhyanchal Vidyut Vitaran Nigam Ltd. from Uttar Pradesh state, according to its stock exchange notification.
Consumer Durables Index Gains Led By Titan, Bajaj Electricals
Consumer Durables Index Gains Led By Titan, Bajaj Electricals Shares of most of the consumer durable companies were trading higher led by Titan Company and Bajaj Electricals. Gauge of consumer durable stocks — the S&P BSE Consumer Durables index rose nearly 2 percent.