Stocks in news: Jio Financial, Titan, SJS Enterprises, PNB Housing Finance, M&M

Nifty futures traded 17.5 points, or 0.09 per cent, lower at 19,312, signaling that Dalal Street was headed for a negative start on Monday. Here’s a slew of stocks that will be in focus today for various reasons.

SJS Enterprises
Marquee investor Ashish Kacholia sold part of his stake in aesthetic solutions provider SJS Enterprises for Rs 11.6 crore through the open market on Friday.

Jio Financial
Jio Financial Services, which recently demerged from parent Reliance Industries, will get listed on stock exchanges on August 21.

Kotak Mahindra Bank
Kotak Mahindra Bank’s chairman Prakash Apte said the attrition challenge for the bank is concentrated at the junior management level.

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PNB Housing Finance
PNB Housing Finance said through its focussed and multi-pronged resolution strategy, it has successfully resolved and fully recovered a large corporate non-performing account of Rs 784 crore.

Titan
Titan will acquire an additional 27.18% of equity shares in its subsidiary CaratLane Trading for Rs 4621 crore.

Ashok Leyland
Ashok Leyland will issue Rs 870 crore corporate guarantee to cover lender facilities of two subsidiaries Optare Plc and Switch Mobility UK

M&M
Mahindra & Mahindra announced proactive inspection of select XUV products.

KEC International
KEC International, an RPG Group Company, has secured new orders of Rs 1,007 crore across its various businesses.

ONGC
ONGC Videsh has secured a three-year extension from Vietnam to explore ‘Block 128’ in the South China Sea.