Stocks in focus as the week begins on a green note!

Lupin, IGL and JSPL have been delivering positive returns since the market opened.

IGL (Indraprastha Gas Ltd) is a midcap company that supplies natural gas for cooking and as vehicular fuel to residents of areas of NCT of Delhi. The company announced an increase in CNG prices from April 4, 2022. Since the market opened the stock has gone up by 9.30 points and is trading at 389.95 at 1:25 pm (2.5 per cent higher). 

 Jindal Steel and Power Ltd is a midcap company steel and power-producing company. JSPL has won 3 out of 5 coal blocks under the fourth tranche of the commercial auction organized by the central government, the Ministry of Coal. JSPL is also planning to set up the largest green steel plant in India in Odisha. Since the market opened the stock has gone up by 15.65 points and is trading at 546 at 1:25 pm ( 2.93 per cent higher). 

 Lupin Ltd is a largecap leading global pharmaceutical company based in Mumbai. Lupin recently signed a definitive agreement with Anglo-French Drugs & Industries for acquiring a portfolio of brands. This agreement will strengthen the company’s presence in vitamins, minerals and supplements and CNS segments. Since the market opened the stock has gone up by 15 points and is trading at 780.40 at 1:25 pm (2 per cent higher).