Stocks To Watch Today: Aurobindo Pharma, Cipla, IDFC First, Star Health, Mahindra

Stocks in Asia are off to a soft start on Tuesday amid a rise in crude oil prices and US Treasury yields.

Equities rose in Japan, South Korea and Australia after US futures were volatile following losses for S&P 500 and Nasdaq 100. As of 6:08 am, the Singapore-traded SGX Nifty--an early barometer of India's benchmark Nifty 50--fell 0.12% to 15,815.

The dollar was little changed while crude rose toward $110 a barrel. This rise in crude prices comes even as Libya and Ecuador flagged potential output cuts on political unrest.

Here are the stocks to watch in today's trade:

• Aurobindo Pharma: SEBI has warned the drugmaker for not meeting its disclosure requirements by not providing full details related to observations by the the US Food and Drug Administration.

• Cipla: The company will invest Rs 25.9 crore in associate firm GoApptiv increasing its stake to 22.02%. The investment will enable wider reach of the Cipla’s key brands in Tier-3+ towns through GoApptiv’s solutions.

• Star Health/IDFC First: The companies have entered into a strategic partnership where Star Health will offer its health insurance products to the bank’s customers using bank’s digital platform and distribution network.

• Bank of Baroda: The state-run lender has announced plans to raise long term bonds worth Rs 5,000 crore in FY23.

• Mahindra & Mahindra: The company has unveiled new car model name Scorpio-N; prices Scorpio-N SUV starting at Rs 11.9 lakh.

• Manappuram Finance: The company will consider $100 million bond issuance on Thursday.

• Hindustan Aeronautics: The company's board will consider the recommendation of final dividend.

• Route Mobile: The company will consider proposal of shares buyback today.

Pledge Share Details

• Ajanta Pharma: Promoter Aayush M. Agrawal and trustee Aayush Agrawal Trust created a pledge of 3.1 lakh shares on June 24.

Insider Trades

• Dr Lal Path Labs: Promoter & Director Archana Lal Erdmann sold 68,331 shares between June 23 and June 24.

• Jindal Stainless: Promoter Group JSL Ltd. bought 2.8 lakh shares on June 22.

• Kovai Medical Center And Hospital: Promoter & Director Thavamani Devi Palaniswami bought 2,603 shares between June 23 and June 24.

• Manappuram Finance: Promoter & Director Nandakumar V P bought 1.14 lakh shares on June 24.

• Jagran Prakashan: Promoter Group Tarun Gupta bought 2,000 shares on June 24.

• Orient Cement: Promoters Central India Industries bought 12,039 shares between June 23 and June 24 and Shekhavati Investments And Traders bought 16,000 shares on June 23.

• Lux Industries: Promoter Group Hollyfield Traders bought 6,000 shares on June 21.

• Psp Projects: Promoter Group SPP Family Trust bought 16,399 shares between June 23 and June 24.

• Prataap Snacks: Promoter Mrs. Swati Bapna sold 78,137 shares between June 22 and June 24, Promoter & Director Mr. Amit Kumat bought 22,546 shares between June 22 and June 24 and Mr. Apoorva Kumat bought 37,434 shares between June 22 and June 23.

• MAS Financial Services: Promoter Kamlesh Chimanlal Gandhi bought 4,845 between June 23 and June 24.

Bulk Deals

• Dhani Services: Societe Generale sold 46.87 (0.77%) lakh shares at 29.55 apiece.

Block Deals

• Poonawalla Fincorp: Celica Ventures bought 25.04 lakh (0.32%) shares at 240 apiece. Microfirm Capital bought 18.75 lakh (0.24%) shares at 240 apiece. Mayank Poddar sold 25.04 lakh (0.32%) shares at 240 apiece. Sanjay Chamria sold 18.75 lakh (0.24%) shares at 240 apiece.

Annual General Meetings Today

• Tata Steel

• Britannia

• CEAT

• Devyani International

• Tata Teleserices (Maharashtra)

• Bank of Maharashtra

• Sundaram Clayton

• PCBL

• Elecon Engineering

• Hathway Cable Datacom

Trading Tweaks

• Ex-Date Annual General Meeting/Dividend: Whirlpool Of India

• Ex-Date Annual General Meeting/Dividend: SKF India

• Move Out Of Short-Term ASM Framework: ELGI Equipments

• Research Reports

• Orient Electric - Gaining Market Share Via Innovation: ICICI Securities

• Zomato - Quick Commerce Delays Gratification: Dolat Capital

• Newgen Software - Resilient Business Model In Place: ICICI Direct

• Equitas SFB - Correction Offers Decent Entry Point: Nirmal Bang

• Gujarat Gas - Deftly Negotiating Through Tough Times: Prabhudas