Investors should pay attention to the value of these 3 trending stocks – 3 trending stocks to watch out for today
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Apollo Hospital : Share prices of Apollo Hospitals rose over 4% during the opening session on June 1 due to the company’s growth strategy. After a profitable performance in the March quarter, the management has planned to prepare for further growth. Sunita Reddy, managing director of Apollo Hospitals, said at the conclusion that the company has set a target of achieving 70% bed occupancy for its core hospital business by the end of financial year 2023-24. In the fourth quarter, this level is 64%.
Bajaj Auto : Bajaj Auto’s share price rose around 2 percent in the opening session on June 1 after the company announced revised sales figures for May 2023. Bajaj Auto reported a significant increase in overall sales, reaching 29% growth. Total sales increased by 29 percent to 3.55 lakh in May 2022. Domestic sales increased by 103 percent to 2.28 lakh.
Laurus Lab: The company’s decision to buy more stake in the advanced cell and gene therapy company led to a 3% increase in share price during June 1. Laurus Labs has finalized an agreement to purchase an additional 7.24% stake in ImmunoAdaptive Cell Therapy Pvt Ltd (lmmunoACT) for a cash consideration of Rs 80 crore.
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