by Ritmbarah Arora
Hexaware Technologies: The share price of Hexaware Technologies skyrocketed 20% to Rs 311.4 and has hit upper circuit today. Around 4 million shares in volume have been traded so far. The stock price gained 25.2% since the last week and 16.9% since the last month, per Trendlyne data.
Hexaware Technologies is considering a buyout proposal from promoter HT Global IT Solutions Holdings. HT Global IT Solutions holds 62.4% in Hexaware as of March 31 and has offered Rs 285 per share or a 9.8% premium to Thursday’s close to buy the remaining shares of the company, as per regulatory filing. Hexaware Technologies is listed in 33 screeners on Trendlyne.
Jindal Stainless (Hisar): The stock price of Jindal Stainless Hisar surged 13.4% to Rs 49.5 as of now. Around 3.7 lakh shares in volume have been traded so far. The share price is up 32.7% since the last week and 15.3% since the last month.
Jindal Stainless (Hisar) will hold a Board of Directors meeting to consider and approve the audited standalone and consolidated financial results of the company for the quarter and year ended March 31, 2020. The company is listed in 29 screeners on Trendlyne.
Bombay Dyeing & Manufacturing Company: The share price of Bombay Dyeing & Manufacturing Company rallied 11.6% to Rs 64.3. Around 4.9 million shares in volume have been traded so far. The stock price increased 35.8% since the last week and 30.2% since the last month.
The company resumed production at its Patalganga plant with effect from June 4, 2020 in a phased manner after which the share price started rising today. Bombay Dyeing & Manufacturing Company is listed in 36 screeners on Trendlyne.
Reliance Infrastructure: The share price of Reliance Infrastructure jumped 10% to Rs 21 as of this writing. Around 1.6 million shares in volume have been traded so far. The stock price is up 10% since the last week and has fallen 0.7% since the last month.
Reliance Infrastructure disclosed on June 3 that it has defaulted on loans of YES Bank and J&K Bank and has not paid interest of Rs 29.55 crore to YES Bank as on May 1, 2020. The company is listed in 44 screeners on Trendlyne.
Raymond: The stock price of Raymond advanced 9.8% to Rs 288.7 and around 2.1 million shares in volume have been traded so far. The share price soared 28.9% since the last week and 26% since the last month.
A meeting of the Board of Directors will be held on Monday, June 29, 2020 to consider and approve the audited financial statements of the company for the quarter and year ended March 31, 2020 and recommend dividend, if any. Raymond is listed in 42 screeners on Trendlyne.