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Stocks To Watch Today: Delhivery, Hero MotoCorp, Hindustan Zinc, HUL, ONGC

Here are the stocks to watch going into trade today.

<div class="paragraphs"><p>A trader using a laptop. (Source:&nbsp; <a href="https://unsplash.com/@jsnbrsc?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Jason Briscoe</a>/&nbsp;<a href="https://unsplash.com/s/photos/trading?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Unsplash</a>)</p></div>
A trader using a laptop. (Source:  Jason BriscoeUnsplash)

Stocks rose in Asia Friday amid a global bond rally, as investors reassessed expectations for inflation and interest-rate hikes on escalating fears of an economic downturn.

Equities gained in Japan and South Korea but fell in Australia after US shares closed near session highs, adding more than 3% over three days.

As of 6:30 am, the Singapore-traded SGX Nifty--an early barometer of India's benchmark Nifty 50--rose 0.18% to 15,593.

Oil rebounded to about $105 a barrel. Elsewhere, Bitcoin scaled $21,000.

Here's a look at the stocks to watch today:

  • Hindustan Zinc: The Ministry of Finance is in the process of hiring financial advisors for divestment of Hindustan Zinc Ltd. and aims to invite bids by the end of August, according to two government officials.

  • Delhivery: Morgan Stanley has initiated coverage of the stock with "equal-weight/in-line". The target price is set at Rs 540, an implied upside ot 7.85%.

  • Hindustan Unilever (HUL): The chairman of India's largest fast-moving consumer goods maker sees demand coming in from all quarters, aiding the company's growth in the long term, even as inflation weakens the pace in the near term.

  • Hero MotoCorp: India's largest two-wheeler maker has increased ex-showroom prices of its scooters and motorcycles by up to Rs 3,000, effective from July 1.

  • Tata Steel: Tata Steel Mining Ltd., a wholly owned subsidiary, has completed acquisition of 10% stake in Rohit Ferro-Tech for Rs 20.6 crore.

  • ONGC: ONGC Videsh, a wholly owned subsidiary, has made an oil discovery in a recently drilled well in Llanos Basin, Colombia.

  • HCL Technologies: The company has announced the opening of its new delivery centre in Vancouver, Canada.

  • DCM Shriram: The company has approved equity investment of Rs 65 crore for a 26% stake in a special purpose vehicle to be created for setting up a wind-solar hybrid renewable power project.

  • Jammu & Kashmir Bank: To consider capital raising on June 28.

  • Thermax: First Energy, a wholly owned subsidiary, has acquired Jalansar Wind Energy and Kanakal Wind Energy for Rs 1 lakh each.

  • Systematix Corporate Services: Promoter Chandra Prakash Khandelwal was arrested under Section 3 and 4 of the Prevention of Money Laundering Act, 2002. It would have no impact on the company as the matter does not pertain to it.

  • Unitech: The Enforcement Directorate has attached the company's real estate properties worth Rs 257 crore.

Pledged Shares Details:

  • Chambal Fertilisers & Chemicals: Promoter Group Simon India created a pledge of 1.2 lakh shares on June 21, and Promoter Zuari Industries created a pledge of 12.75 lakh shares between June 17 and June 20.

Insider Trades

  • Kovai Medical Centre: Promoter Director Dr. Thavamani Devi Palaniswami bought 612 shares between June 20 and June 21.

  • Mastek: Promoter & Director Ashank Desai bought 5,035 shares on June 17.

  • Page Industries: Promoters Ramesh Genomal sold 4,175 shares, Sunder Genomal sold 4,234 shares and Nari Genomal sold 4,241 shares between June 20 and June 21.

  • KNR Constructions: Promoters bought 2.2 lakh shares on June 22.

  • Valiant Organics: Promoter Group Dhanvant Hemchand Gala sold 8,000 shares on June 20.

  • Psp Projects: Promoter Group SPP Family Trust bought 20,000 shares between June 21 and June 22.

  • India Pesticides: Promoter Anand Swarup Agarwal bought 66,023 shares on June 22.

  • Vijaya Diagnostic Centre: Promoter Sura Surendranath Reddy bought 2.66 lakh shares between June 14 and June 22.

  • KCP: Promoter Dr. V.L. Indira Dutt bought 4,726 shares on June 21.

Bulk Deals

  • SMC Global Securities: Mansingh Hotels and Resorts bought 6 lakh (0.53%) shares at Rs 88.88 apiece and Signature Global India sold 6 lakh (0.53%) shares at Rs 88.88 apiece.

Annual General Meetings Today

  • UCO Bank

  • Voltas

  • Sonata Software

  • Chemplast Sanmar

  • Rallis India

  • Steel Exchange India

Trading Tweaks

  • Record Date Dividend: Computer Age Management Services, BSE

  • Ex-Date Dividend: Balkrishna Industries

  • Ex-Date Bonus: Nazara Technologies