Top Stocks to Keep an Eye on: Bajaj Finance, Yes Bank, Wipro, Coforge, Titan, Adani Green Energy

The Reserve Bank of India has lifted restrictions on two key products of Bajaj Finance, namely eCOM and the online digital ‘Insta EMI Card’. This decision, effective immediately, was announced by the company on May 2. As a result, Bajaj Finance will resume sanctioning and disbursing loans, including the issuance of EMI cards, in these two business segments.

In other financial news, Carlyle Group is planning to sell a 2% stake in Yes Bank, valued at ₹1,500 crore, through a block deal. The deal is set to be launched soon, with Goldman Sachs acting as the broker. This move comes after Carlyle sold an equity stake worth ₹1,056 crore in Yes Bank earlier this year.

Wipro has been selected by Independent Health, Western New York’s Medicare Advantage Plan, to implement its Medicare Prescription Payment Plan platform for the upcoming open enrollment period. This platform will help streamline the payment process and simplify prescription cost management for Medicare recipients in the region.

Meanwhile, Titan Company is expected to report a double-digit revenue growth in Q4FY24, despite a potential moderation in demand in the jewellery segment. The company’s Q4 results are eagerly awaited and set to be released on Friday, May 2. Stay tuned for more updates on these and other financial developments.