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Stocks in news: Wipro, Motilal Oswal, Jana SFB, Force Motors, Tech Mahindra
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Markets began the week on a positive note, gaining nearly half a percent, extending Friday's rally. In today's trade, shares of Wipro Motilal Oswal , Jana SFB, Force Motors Tech Mahindra among others will be in focus due to various news promoter entity Azim Premji Trust sold 20.23 crore shares worth Rs 5,057 crore in the company via a block market regulator Sebi slapped a Rs 3 lakh fine on brokerage firm Motilal Oswal Financial Services (MOFSL) after finding the company in contravention of rules. Jana Small Finance Bank (Jana SFB) said it has formally submitted an application to the Reserve Bank of India (RBI) seeking approval to transition into a universal Infrastructure reported a 9% YoY rise in its toll revenue to ₹581 crore in May Global launched a qualified institutional placement (QIP) to raise up to Rs 2,000 crore including upsize option of Rs 500 crore, according to a Chidambaram announced his retirement as the President, Tech Mahindra Americas – strategic vertical business with effect from June Gupta resigned as the chief executive officer - Commercial Real Estate division of the company with effect from June Pharma said its Managing Director Sanjeev Kumar Panchal has resigned from his position with effect from the close of business on June Kumar Bohra resigns as CFO of Force Motors with effect from June 9. The company appointed Rishi Luharuka as the new CFO with effect from June 10.
