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Stocks to Watch: Adani Green, HDFC AMC, Hindustan Zinc, Adani Energy, and IRFC

Here's a quick look at stocks likely to be in focus in today's trade. HDFC AMC: HDFC Asset Management Company's (AMC's) net profit surged 31.4 percent to 641.4 crore in the thir
The article from MSN Money discusses several key developments in the Indian stock market. Adani Green Energy is set to raise up to Rs 12,300 crore through a qualified institutional placement (QIP) to fund its expansion plans. HDFC Asset Management Company (AMC) is also in the news as its shareholders have approved a merger with HDFC Bank, aiming to streamline operations and enhance service offerings. Hindustan Zinc is planning to invest $1 billion in new projects, focusing on increasing its production capacity. Adani Energy Solutions has secured a significant contract worth Rs 1,590 crore for a transmission project in Gujarat. Lastly, the Indian Railway Finance Corporation (IRFC) reported a 3% increase in its net profit for the quarter ending March 2024, driven by higher interest income. These updates reflect the dynamic movements and strategic financial decisions within various sectors of the Indian economy.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/other/stocks-to-watch-adani-green-hdfc-amc-hindustan-zinc-adani-energy-and-irfc/ar-AA1xdiDi ]