Stocks to watch- Small Finance Banks: The RBI has invited ap | Neeraj Joshi

Stocks to watch-

Small Finance Banks: The RBI has invited applications from small finance banks meeting specified criteria, including a minimum net worth of Rs 1,000 crore, for becoming regular or universal banks. There are about a dozen SFBs, including AU Small Finance Bank, Equitas Small Finance Bank, and Ujjivan Small Finance Bank.

HCL Technologies: HCL Software, the software business unit of HCL Tech announced that it has been selected by the State Bank of India for their Mar Tech solution as part of SBI's digital transformation program.

Apollo Hospitals Enterprise: The company's arm Apollo HealthCo to raise Rs 2,475 crore from Advent International and integrate Keimed over the next 24-30 months.

Adani Enterprises: The company's Mauritius- based arm completed the acquisition of a 49% stake in Abu Dhabi-based Adani Esyasoft Smart Solutions for $24,500.

Patanjali Foods: The company received a proposal to acquire a non-food business from Patanjali Ayurved.

NDTV: The company reported a 59% growth in revenue YoY in the fourth quarter. Its digital arm witnessed a significant increase of 39% in global traffic in March 2024.

AMI Organics: The company approved raising to Rs 99 crore via preferential issue of shares.

Cipla: The company arm Cipla Health completed the purchase of cosmetics and personal care business from Ivia Beaute.

Hinduja Global Solutions: The company arm acquired a 51% stake in Seven Star Balaji Broadband. Seven Star Balaji Broadband is now the step-down arm of the company.

Macrotech Developers: NCLT has approved a resolution plan for V Hotels in which the company will pay Rs 900 crore under the resolution plan for V Hotels over 270 days; the First tranche of Rs 90 crore has already been remitted.

Lloyds Enterprises: The company has invested a 26% stake in Adithya Power.