Overnight Digest – Stocks to look out for on June 23
DSIJ Intelligence / 22 Jun 2016
The stocks which could witness significant movement on June 23 are Lupin, Raymond/Grasim/Bombay Dyeing, NTPC/Tata Power/Torrent Power, Force Motors, GMDC/Coal India.
The stocks which could witness significant movement on June 23 are Lupin, Raymond/Grasim/Bombay Dyeing, NTPC/Tata Power/Torrent Power, Force Motors, GMDC/Coal India.
a) Lupin: The company has informed the stock exchanges that it has received the final approval for its generic Activella tablets from the FDA.
b) Raymond/Grasim/Bombay Dyeing: The centre, post market hours has announced that it will be providing 10 per cent subsidiary package to the textile industry, which will boost job creation in this sector.
c) NTPC/Tata Power/Torrent Power: On Uday (Ujwal Discom Assurance Yojana), the cabinet has extended the time which will allow the distressed power companies to issue bonds and clean up their balance sheets while agreeing to some conditions.
d) Force Motors: Force Motors has opened Rs 100 crores facility in Pune, to supply engines and axles to Mercedes-Benz India. This new plant will help Force Motors to be more flexible in terms of the production capacity demands.
e) GMDC/Coal India: Coal imports will continue to come down with increased availability of domestic coal output, Coal Secretary, Anil Swarup told reporters on June 22. GMDC and Coal India may witness a positive movement.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.