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Top stocks in focus today: Fortis Healthcare, M&M Financial Services, Kwality, GE Power, Dena Bank


Fortis Healthcare will evaluate the binding bids it received with advisors.

IFC invested $100mn in M&M Financial Services.

GE Power India received order worth Rs468cr from BHEL.

ISGEC Heavy Engineering emerged as lowest bidder for Rs700cr thermal power project.

VST Tillers June total sales down 24% to 3,819 units versus 5,053 units.

Sadbhav Infra achieved financial closure for Rajasthan project.

Kwality said board deferred proposed share buyback and bonus issue.

Dena Bank proposed to sell 60.5 lakh shares in NSDL E-Governance Infrastructure, NSDL and SIDBI shares.

United Bank of India hiked MCLR by 10 basis points across all tenors from July 5.

GVK Group may sell its nearly 50% stake in TAJGVK Hotels and Resorts—a joint venture with Tata Group’s Indian Hotels Company—to Fairfax Holdings, as per media reports.

Federal Bank in talks to acquire Madura Microfinance for Rs720-750cr, as per media reports.

Ashoka Buildcon received Rs22.4cr in a settlement agreement with NHAI.

Vijay Jadhao appointed as non-official, part-time (Independent) Director on the Board of the Shipping Corporation of India.

ICICI Prudential’s board approves appointment and remuneration of NS Kannan as MD and CEO.

Tata Coffee receives shareholder nod to reappoint Sanjiv Sarin as MD and CEO and Chacko Purackal Thomas as Deputy CEO.

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