Stocks in news: Stocks in news: Siemens Energy, Jio Financial, Hero MotoCorp, ESAF SFB, Abbott India

Markets traded lackluster and ended marginally in the red, extending the ongoing consolidation phase. In today’s trade, shares of Siemens Energy, Jio Financial, Hero MotoCorp, ESAF SFB, Abbott India among others will be in focus due to various news developments.

Siemens Energy
Shares of Siemens Energy India will list on Thursday following the long-awaited demerger from parent Siemens.

Jio Financial
Jio Financial Services acquired over 7.9 crore equity shares worth Rs 104.54 crore of Jio Payments Bank (JPBL) from SBI following a Reserve Bank’s nod on June 4.

ESAF SFB
ESAF Small Finance Bank has approved the sale of a pool of non-performing and technically written-off loans worth Rs 735.18 crore to an asset reconstruction company (ARC).

Tata Elxsi
Tata Elxsi partnered with Infineon to jointly develop application-ready EV solutions tailored for the Indian market.

Abbott
Abbott signed a agreement with MSD Pharmaceuticals to distribute MSD’s Sitagliptin-based diabetes medicines in India.HDFC Bank
HDFC Bank CEO Sashidhar Jagdishan moved Bombay High Court seeking quashing of FIR filed against him by Lilavati Trust.Zydus Lifesciences
US FDA issued two observations for company’s oncology injectable site situated at SEZ 1, near Matoda, Ahmedabad.

Hero MotoCorp
Hero MotoCorp to introduce VIDA VX2 with ‘Battery-As-A-Service’ model on July 1.