Stocks To Watch: ONGC, GIC Housing Finance, JM Financial, Amara Raja

Shares of ONGC, GIC Housing Finance, JM Financial and Amara Raja will be in focus on Friday.

A malware attack at GIC Housing Finance Ltd. has affected some of the company's end user systems, it informed exchanges on Thursday.

No operations of the housing finance company, which has a net worth of Rs 1,828.83 crore as on March 31, have been disrupted. But, GIC Housing Finance has "isolated the affected systems from the network to stop further impact", it said.

Markets regulator SEBI said that JM Financial Ltd. will continue to face restrictions on acting as lead manager for public debt issues until March 31, 2025. This confirmatory order follows earlier limitations imposed on the firm, stemming from an interim order issued on March 7, which JM Financial did not contest.

Benchmarks in Asia-Pacific region declined in early trade Friday, taking cues from overnight stock moves on Wall Street before Eurozone PMI data, and Federal Reserve official's speech.

The Nikkei 225 was 6.49 points or 0.02% higher 38,639.51 and the KOSPI was 21.62 points or 0.77% lower at 2,786.01 as of 06:48 a.m.

US Tech stocks had been lifted by the continued AI frenzy and resilient economic growth that should continue to support corporate earnings. However, the S&P 500 lost traction after briefly topping the 5,500 mark to set new record.

The S&P 500 Index and Nasdaq Composite fell 0.25% and 0.79%, respectively, as of Thursday. The Dow Jones Industrial Average rose 0.77%.

Brent crude was trading 0.09% lower at $85.62 a barrel. Gold rose 0.02% to $2,360.62 an ounce.

The GIFT Nifty was trading 34.5 points or 0.15% lower at 23,593.00 as of 06:49 a.m.

The NSE Nifty 50 recovered from the previous session's fall and the S&P BSE Sensex logged its best winning streak in four months to close at their highest levels as Reliance Industries Ltd. and private banks led the gains.

The Nifty ended 51 points, or 0.22%, up at 23,567, while the Sensex closed 141.34 points, or 0.18%, higher at 77,478.93. During the day, both indices gained over 0.4%.

Overseas investors continued their buying streak for the fourth straight day on Thursday. Foreign portfolio investors mopped up stocks worth Rs 415.30 crore, while domestic institutional investors turned net sellers after three days of buying and sold equities worth Rs 325.81 crore, according to provisional data from the National Stock Exchange.

The Indian currency weakened 20 paise to close at an all-time low of Rs 83.65 against the US dollar.

• Oil and Natural Gas Corporation: The company appointed Devendra Kumar as Chief Financial Officer and Key Managerial Personnel of the company with immediate effect.

• GIC Housing Finance: The company has become aware of a malware attack affecting some of its end-user systems and isolated the affected systems from the network to stop its further impact. 

• Bank of Baroda: The company appointed Chayani Manoj Sundar as CFO effective tomorrow.

• Voltas: The company executed a share purchase agreement with Singapore-based step-down arm Universal MEP.

• IndiaMART InterMESH: The company reappointed Dinesh Chandra Agarwal as MD & CEO for 5 years effective Jan 8, 2025.

• JM Financial: SEBI said that the company will continue to face restrictions on acting as lead manager for public debt issues until March 31, 2025.

• Triveni Engineering And Industries: The company acquired an additional 36.34% stake in Sir Shadi Lal Enterprises for Rs 44.83 crore.

• Amara Raja Energy And Mobility: The company invested Euro 20 million to raise a stake in Norway-based InoBat to 9.32%.

• DEE Development Engineers: The public issue was subscribed to 9 times on day 2. The bids were led by institutional investors (0.16 times), non-institutional investors (21.73 times), retail investors (8.43 times), Portion for employee reserved (18.79 times).

• Akme Fintrade India: The public issue was subscribed to 11.63 times on day 2. The bids were led by institutional investors (0.17 times), non-institutional investors (22.22 times), retail investors (15.16 times), Portion reserved for Employees (1.56 times).

• Stanley Lifestyles: The company will offer its shares for bidding on Friday. The price band is set from Rs 351 to Rs 369 per share apiece. The Rs 537 crore IPO is combination of fresh issue of Rs 200 crore and rest offer for sale. The company has raised Rs 161 crore from anchor investors.

• Piramal Enterprises: Anutham Realty Private bought 1.07 crore shares (4.51%) at Rs 906 apiece, while The Srikrishna Trust sold 1.07 crore shares (4.51%) at Rs 906 apiece.

• Rategain Travel Technologies: Avataar Holdings sold 21.56 lakh shares (1.98%) at Rs 745 apiece. On the other hand, Axis Mutual Fund bought 9.48 lakh shares (0.87%) at Rs 745 apiece and ICICI Prudential Mutual Fund bought 6.04 lakh shares (0.55%) at Rs 745 apiece. Morgan Stanley Asia Singapore amidst other buyers bought 2.68 lakh shares (0.24%) at Rs 745 apiece.

• Heubach Colorants India: Quant Mutual Fund bought 1.2 lakh shares (0.51%) at Rs 453.57 apiece.

• Indiabulls Real Estate: BOFA Securities Europe Sa bought 34.37 lakh shares (0.63%) at Rs 154.92 apiece and Equity Intelligence India bought 33 lakh shares (0.6%) at Rs 151.28 apiece.

• PNB Housing Finance: Asia Opportunities V (Mauritius) and General Atlantic Singapore Fund FII PTE sold 63.79 lakh shares (2.45%) each at Rs 786.46 apiece. BNP Paribas Financial Markets bought 28.62 lakh shares (1.1%) at Rs 785 apiece and Morgan Stanley Asia Singapore Pte – ODI bought 22.85 lakh shares (0.88%) at Rs 785 apiece.

• TCNS Clothing: TA FDI Investors sold 18 lakh shares (2.84%) at Rs 530.06 apiece, while Khazana Tradelinks Private bought 10 lakh shares (1.58%) at Rs 530 apiece.

• Greenply Industries: Promoter Karuna Investment bought 15,750 shares on June 18.

• Paisalo Digital: Promoter Equilibrated Venture Cflow bought 6.60 lakh shares between June 19 and 20.

• Omaxe: Promoter Guild Builders revoked a pledge for 6.85 lakh shares, Promoter Dream Home Developers (Revised) revoked a pledge for 19.75 lakh shares, Promoter Rohtas Goel (Revised) revoked a pledge for 12.14 lakh shares, Promoter Mohit Goel (Revised) revoked a pledge for 15.33 lakh shares, Promoter Jatin Goel (Revised) revoked a pledge for 15.33 lakh shares.

• Quick Heal Technologies: Promoter Anupama Kailash Katkar created a pledge for 34.5 lakh shares on June 14.

• Price Band revised from 20% to 10%: Fertilizers and Chemicals Travancore.

• Ex/record Dividend: Supreme Industries, Torrent Pharma, Greenlam Industries, Tata Steel, Punjab National Bank, Cyient, Kansai Nerolac Paints, Concord Biotech, CARE Ratings, Bajaj Finance, Archean Chemical Industries, Bajaj Finserv, Bhansali Engineering Polymers.

• Ex/record AGM: Supreme Industries, Wockhardt, Cyient, Punjab National Bank, Bhansali Engineering Polymers, Dwarikesh Sugar Industries.

• Ex/record Bonus: Bharat Petroleum Corp, Hindustan Petroleum Corp.

• Ex/record Stock Split: Premier Explosives.

• Moved out short-term Framework: IFB Industries.

• Deepak Fertilizers And Petrochemicals: To meet analyst and Investors on June 27 ,28.

• Container Corporation Of India: To meet analyst and Investors on June 25, 26.

• Rhi Magnesita India: To meet analyst and Investors on June 24.

• Computer Age Management Services: To meet analyst and Investors on June 28.

• Chalet Hotels: To meet analysts and Investors on June 26.

• Astral: To meet analyst and Investors on June 25,26.

• V.S.T Industries: To meet analyst and Investors on June 25.

• Crompton Greaves Consumer Electricals: To meet analyst and Investors on June 27.

• Nifty June futures up by 0.4% to 23,582.5 at a premium of 15.5 points.

• Nifty June futures open interest up by 0.35%.

• Nifty Bank June futures up by 0.82% to 51,755.1 at a discount of 28.15 points.

• Nifty Bank June futures open interest down by 7.2%.

• Nifty Options June 27 Expiry: Maximum Call open interest at 24,000 and Maximum Put open interest at 23,000.

• Bank Nifty Options June 26 Expiry: Maximum Call Open Interest at 55,000 and Maximum Put open interest at 50,000.

• Securities in ban period: Balrampur Chini Mills, Birlasoft, GNFC, Hindustan Aeronautics, Hindustan Copper, Indus Tower, PEL.

• DCB Bank - Business Growth Steady; Valuations Reasonable: Motilal Oswal

• Indian PSUs – Back With A Vengeance: Motilal Oswal

• Capital Small Finance Bank - Well Capitalised To Accelerate Growth: Systematix

• Raymond - Pioneers Of Fabric - Stitching Up ‘The Complete Brand: Nirmal Bang

• SRF - Recovery In Sight During FY25: Motilal Oswal