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SUMMARY
Shares to Watch: Dalal Avenue is anticipated to make a muted begin on Friday. SGX Nifty futures had been 0.2 p.c or 29 factors down at 17,975. Shares of Reliance Industries, JSW Metal, Tata Funding, HDFC Financial institution amongst others will likely be in focus right now. Listed below are prime shares to be careful for in commerce on August 19 –

Reliance Industries Ltd | The conglomerate’s shares traded ex-dividend on Thursday, a day forward of its report date, which might decide eligible shareholders for the payout. The oil-to-telecom conglomerate pays a dividend of Rs 8 per fairness share for the monetary 12 months ending on March 2022.

Tata Funding Company Ltd | The Pension Fund Regulatory and Growth Authority has appointed Tata Pension Administration to handle Nationwide Pension Scheme funds.

HDFC Financial institution Ltd | The non-public sector lender has hiked its mounted deposits (FDs) charges throughout a spread of tenors by as a lot as 40 bps.

Mahanagar Phone Nigam Ltd | Authorities’s committee will resolve on the teleco’s merger with state owned BSNL. A govt panel will take a name on the asset monetisation, AGR dues. Authorities will present Rs 1,600 crore for telecom PSUs’ operational merger, and to challenge sovereign assure bonds price Rs 17,570 crore.

The Federal Financial institution Ltd | The non-public sector financial institution, below its growth drive, has inaugurated 15 new branches throughout the nation, the Kerala-based financial institution stated on Thursday. Among the many 15 branches, seven are in Tamil Nadu taking the general presence to 171 branches within the State.

Metropolis Healthcare Ltd | The diagnostic chain on August 18 stated its CEO Vijender Singh’s final working day was August 17, 2022.Additional, the corporate has appointed a Expertise Search Company and has begun the method of discovering an acceptable candidate for the place of CEO.

Punjab Nationwide Financial institution | The general public sector lender has raised rates of interest on mounted deposits with maturities of 1 12 months to a few years, and 5 years and extra, and as much as ten years.

RBL Financial institution Ltd | The financial institution has bought further 2.77 p.c stake in Kilburn Engineering Ltd.

JSW Metal Ltd | Truthful commerce regulator Competitors Fee of India (CCI) has authorised the proposed merger of Creixent Particular Steels and JSW Ispat into JSW Metal.

NHPC Ltd | The Ministry of Energy owned hydropower board has signed an memorandum of understanding with the Authorities of Nepal for preparation of Detailed Undertaking Report (DPR) and growth of two hydropower tasks [West Seti (750 MW) and Seti River 6 project (450 MW)] within the nation.