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Stocks in Focus: Reliance Industries, BHEL, Wockhardt Hospitals, and Others

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The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.22% higher by 53.50 points at 24,189.50 indicating that the domestic benchmark indices are likely to make a positive start on Friday.

On Thursday, 27 June, Domestic benchmark indices S&P BSE Sensex gained 568.93 points or 0.80%, to end at 79,243.18, while the Nifty50 traded 175.70 points or 0.74% up and settled at 24,044.50.

Here are some stocks that are likely to remain in focus on 28 June.

Reliance Industries: The company’s telecom arm, Reliance Jio, announced a tariff hike of 12% to 25% on its prepaid and postpaid plans.stocks

BHEL: The company has announced securing a Rs 13,300 crore order from Damodar Valley Corporation for establishing a 1,6000 megawatt (MW) thermal power plant in Koderma, Jharkhand. 

Wockhardt Hospitals: The company’s Mira Road hospital has received accreditation for its Advanced Stroke Centre from the Quality and Accreditation Institute Centre for Accreditation of Health and Social Care. 

JSW Infrastructure: The company has announced its plans to acquire a 70.37% stake in Navkar Corporation or a total consideration of Rs 1,012 crore to enter into the logistics industry. 

Ambuja Cement: The Board of Directors of the company have approved the merger of the company with Adani Cementation Ltd. 

RBL Bank: The company’s board have approved plans to raise funds amounting to Rs 3,500 crore in one or more tranches 

India Cements: Radhakishan Damani and his associates have paired with a 23% equity stake in the company for Rs 1,889 crore. The shares were sold at an average price of Rs 267.74 per equity share on BSE. 

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