Ruchi Soya, ICICI Bank, and other Hot Stocks to watch out for Today

These are some of the hot stocks you should watch out for on the Indian bourses today. Patanjali owned F.M.C.G. company, Ruchi Soya is all set to raise Rs. 4,300 crore in its Follow-on Public Offer (FPO). Pharmaceutical giant, Sun Pharmaceuticals and Ranbaxy have inked a $485 million settlement with two plaintiff groups. The RBI has allowed SBI mutual fund and other entities of the group to own a stake of up to 9.99 percent in ICICI bank. Nelco and Omnispace have declared a strategic alliance to enable and distribute 5G non-terrestrial network and direct to device network service. Also, keep a keen watch on SRF, Gujrat Fluorochemicals and Navin Fluorine as the Union Government of India has recently restricted the import of hydrofluorocarbons. Hydrofluorocarbons (HFCs) are used in refrigeration and air conditioning. Food Delivery platform, Zomato has dissolved its Canadian Subsidiary, Zomato Canada Inc. Popular toothpaste company, Colgate-Palmolive India will be holding their Board meeting to discuss interim dividend to its shareholders. The Reserve Bank Of India has approved the appointment of Pralay Mondal as interim MD and CEO of CSB bank. His appointment will be effective from April 1 for a period of three months.