Stocks to Watch on June 10: Mphasis, Tata Motors, Adani Green, Samvardhana

Stocks to Watch on June 10: Mphasis, Tata Motors, Adani Green, Samvardhana

As the Indian markets prepare for a new trading session on June 10, traders and investors will be closely monitoring the following stocks:

Mphasis (NSE: MPHASIS)

Mphasis reported strong Q4 results, beating market expectations.
The company’s revenue grew by 21.5% year-over-year, while net profit jumped by 33.1%.
Investors will be looking for the company’s outlook for the current quarter and the impact of the ongoing IT hiring spree.

Tata Motors (NSE: TATAMOTORS)

Tata Motors is set to unveil its new electric car, the Tiago EV, on June 10.
The launch of the Tiago EV is expected to boost the company’s electrification efforts.
Investors will be keen to see the features, specifications, and pricing of the new car.

Adani Green Energy (NSE: ADANIGREEN)

Adani Green Energy has announced a strategic partnership with TotalEnergies to invest $50 billion in renewable energy projects in India over the next 10 years.
The partnership is expected to accelerate Adani Green Energy’s growth in the renewable energy sector.
Investors will be watching for updates on the progress of the partnership.

Samvardhana Motherson International (NSE: SAMVARDHA)

Samvardhana Motherson International has recently acquired a stake in AEP Industries, a leading manufacturer of precision components.
The acquisition strengthens the company’s position in the automotive component industry.
Investors will be monitoring the impact of the acquisition on Samvardhana Motherson’s financial performance.

Conclusion

These stocks are likely to attract significant attention on June 10 and could present interesting opportunities for traders and investors. It is important to note that the market is highly dynamic, and it is always advisable to conduct thorough research and consult with financial advisors before making any investment decisions.