Stocks to watch on October 7: Over a dozen companies, rate-sensitive sectors in focus
Stocks across banking, realty and automobile sectors will be watched ahead of the RBI rate decision, while companies report capacity expansions, acquisitions, orders, leadership changes, facility commissioning and other key developments
The RBI is set to announce its interest rate decision on October 7, with a focus on rate-sensitive sectors such as banking, NBFCs, realty, and automobiles. JSW Cement Ltd has commissioned an additional 1 MTPA cement grinding unit, bringing its total capacity to 25.1 MTPA. PTC Industries has launched a QIP to raise up to ₹1,800 crore, with the indicative floor price set at ₹21,060 per share.
Krishna Institute of Medical Sciences Limited plans to acquire a 51% equity stake in Insignia Healthcare Private Limited over a 12-24 month period. Endurance Technologies has announced the acquisition of Anna Milena SpA and Fondalpress SpA for €2.24 million. Ashok Leyland's subsidiary, Hinduja Tech, has appointed new CEO Faiz Ahmad.
Axis Solutions Limited secured a €4.03 million project from John Cockerill Hydrogen - Belgium SA for gas analyser installation. Container Corporation received an order worth ₹87.15 crores from Southern Railway. Gujarat Apollo Industries has completed the sale of its entire shareholding.
Brief written by urgent.news from Hindu BusinessLine's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
