trending stocks for today, Trending stocks: Apollo Hospital, Bajaj Auto including these shares are rocking today – 3 trending stocks to watch out for today

trending stocks for today, Trending stocks: Apollo Hospital, Bajaj Auto including these shares are rocking today – 3 trending stocks to watch out for today

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New Delhi: The stock market is a market full of ups and downs. Sometimes someone rises and sometimes someone falls. The major indices of the stock market have been able to recover from the early losses and there are some positive signs in the morning trading session. The Nifty index was trading above the 18,550 level, while IT stocks continued to rally for the third consecutive session. As of 11:28 am, the S&P BSE Sensex was up 52.47 points, or 0.13%, at 62,674.71. The Nifty 50 index rose 23.25 points, or 0.16%, to 18,558.65. In the broader market, the S&P BSE Mid-Cap index rose 0.42%, while the S&P BSE Small-Cap index rose 0.81%.

Investors should keep an eye on these trending stocks today.

Apollo Hospitals: Shares of Apollo Hospital have seen a gain of more than 4 per cent. At the beginning of trading on June 1, the stock of Apollo Hospitals has seen a gain of 4%. The result of the growth of the company has been seen on the shares. The impact of the company’s good performance in the March quarter is visible on the shares. Apollo Hospitals MD Suneeta Reddy has said that her company aims to achieve a bed occupancy level of 70% for its hospital business by the end of FY2024. The bed occupancy level in the fourth quarter stood at 64%. Which is being expanded continuously.

Bajaj Auto: Bajaj Auto’s stock has seen a gain of about 2% in the market today. The impact of the company’s results has been seen on the stock market. There has been a tremendous increase in the sale of Bajaj Auto. In May 2023, its sales increased by 29% and reached 3,55,148 units. Whereas in May 2022 this cell was 2,75,868 units. This growth in domestic sales increased by 103% to 2,28,401 units as compared to 1,12,308 units on a year-on-year basis.

Laurus Labs:
Laurus’s stock has seen a gain of 3%. On June 1, there has been a rise of 3 per cent in the share price of the company. Acquired stake in Advance Cell and Gene Therapy Company. Laurus Labs has bought an additional 7.24% stake in ImmunoAdaptive Cell Therapy Pvt Ltd (lmmunoACT) for a cash consideration of Rs 80 crore. These news have accelerated the stock of the company.

This article is powered by Dalal Street Investment Journal, India’s No. 1 Investment Magazine. Click here to get regular updates about Winning Stocks and Recommendations.

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