Stock Talk! 5 stocks brokerages and traders are watching out for

Updated : Jun 07, 2021 08:55
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Editorji News Desk

Here are the 5 stocks you need to watch in Monday's trade-:

  • DHFL: Reported a consolidated net profit of Rs 96.75 crore for the last quarter of fiscal ended in March 2021. 
  • Bajaj Finance: The company has cut it's guidance outlook due to the severity of wave-2. It has lowered its growth guidance by 3% (Rs 4000 - 5000 cr) and increased credit cost guidance by Rs1100-1300 cr.
  • Religare Enterprises: Stock continues to be in traders' radar even after a 30% rally last week as buzz of a Care Health IPO is keeping interest active. Care Health is 70% owed by Religare as in reportedly planning an IPO of around Rs 1,200-1,500 crore.
  • Spandana Sphoorty: This stock in the spotlight as the buzz continues around Axis Bank likley to acquire stake in this MFI lender. Spandana is the second-largest non-banking financial company in India with AUM > Rs 8200 cr.
  •  Dr Reddy's Lab: Pharma major is recalling 2,980 bottles of cholestrol drug Atorvastatin Calcium tablets in the US due to quality issues.
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