Auto stocks, Magma Fincorp, EPL in spotlight

Auto stocks will be in focus as auto companies will start announcing monthly sales numbers for May starting from 1 June 2021.
Magma Fincorp said that the company's board, has appointed Adar Poonawalla as the Chairman of the company.
Jammu & Kashmir Bank said that the meeting of the Board of Directors of the bank is scheduled on 4 June 2021, to consider/discuss the proposal of capital infusion in the bank by the Govt. of Jammu & Kashmir as its promoter shareholder to the extent of Rs. 500 crore.
EPL (formerly known as Essel Propack), announced that they have been selected as a partner by Unilever, in their journey towards achieving 100% sustainability in the oral care segment. Accordingly, EPL will supply their APR approved, 100% recyclable and fully sustainable Platina Tubes, for the toothpaste category of Unilever.

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