Several stocks may remain in focus on fresh orders, regulatory approvals and management changes. Britannia Industries approved the appointment of Rakshit Hargave as CEO and MD, Data Patterns secured a Rs 288 crore order, Seamec’s consortium won a Rs 411 crore contract from ONGC, and Jio Financial Services received IRDAI approval for the Allianz Jio Reinsurance joint venture.
Other names on the watchlist include Nippon Life AMC after DWS agreed to buy a 40% stake in its AIF arm for Rs 733 crore, Ramky Infra after its arm got a Rs 3,000 crore order from MIDC, and VA TECH WABAG and Bajel Projects on fresh order wins. On the downside, Fractal Analytics, Aye Finance and Nephrocare Healthcare Services are set for lock-in expiry, while Salasar Techno, Orient Bell, Aster DM Healthcare, Gillette India, MRPL and Chennai Petroleum may be tracked on company-specific developments.
