Ways2Capital Reviews : Top Stocks In Focus Today: HDFC Bank, Hero MotoCorp, IDBI Bank, ONGC, Dr. Reddy's

FII limit for HDFC Bank open for 4.3cr shares.

Coal India May production at 47.14 million tonne versus target of 51.16 million tonne. Offtake at 52.86 million tonnes versus target of 58.18 million tonne.

HDFC increased its Retail Prime Lending Rate on it Home Loans by 10 basis point with effect from June 2.

CBI registered a case against 13 officials of ONGC, Rajahmundry and Deep Industries.

Government weighs on mega-merger of IDBI Bank, OBC, Central Bank and BoB, as per media reports.

ICICI Bank board begins search for new chairman. MK Sharma’s term expires this month, as per media reports.

USFDA completed an inspection at Dr. Reddy’s Srikakulam Plant with no observations.

Hero MotoCorp sales up 11% year-on-year to 706,365 units in May 2018.

Cadila Healthcare’s Zydus received final approval from the USFDA for Doxycycline Hyclate Capsules.

Mylan and Biocon to present new data at the American Society of Clinical Oncology (ASCO) Annual Meeting reinforcing the Efficacy, Safety and lmmunogenicity of Ogivri, the first biosimilar for Herceptin, approved by USFDA.

Whirlpool approved the acquisition of 49% stake in Elica PB India for Rs180cr in cash.

Dilip Buildcon received a letter of award by NHAI for the project valued at Rs1,313.9cr in Karnataka.

SBI hiked MCLR by 10 basis points across tenors with effect from June 1.

Kotak Mahindra Bank has hiked MCLR by 10-20 bps across tenors effective June 1, one-year MCLR has been hiked by 20 bps to 8.90%.

Punjab National Bank has raised MCLR by 10 bps effective June 1.

ICICI Bank has raised MCLR by 10 bps effective June 1.

Shivam Autotech said that the company has achieved 8% increase in sales in May.

Kajaria Ceramics to acquire 8% equity in Clean Solar Power (Jaipur) for Rs2cr.

Punj Lloyd divested balance shareholding of 51% in three units.

Karnataka Bank raised interest rates on domestic & NRE rupee term deposits to 7.25% from 7.10% from May 31.

MPS through its wholly owned subsidiary company, MPS Interactive Systems, has completed the acquisition of Tata Interactive Systems (a business division of Tata Industries).
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About Bhoomi Desai