Overnight Digest – Stocks to look out for on June 27

The stocks which could witness significant movement on June 27 are Tata Motors, Godrej Properties, Zuari Agro Chemicals, Bharti Airtel, Bharat Petroleum Corporation/Hindustan Petroleum Corporation/Mangalore Refinery & Petrochemicals.

Tata Motors: Tata Motors has major assets in UK and Euro zone. Because of BREXIT there would be an impact on business of the company. Its share price declined by 7.99 per cent on Friday. Monday, the stock will be watched out.

Godrej Properties: Godrej Properties has entered into a partnership to develop a 100-acre residential township with its sister concern Godrej Agrovet. The share price of the company will be in focus on June 27.

Zuari Agro Chemicals: Zuari Agro Chemicals has availed an unsecured Inter Corporate Deposit (ICD) of Rs 100 crore from Adventz Finance for a period of 12 months. The share price of the company will be in limelight on Monday.

Bharti Airtel: Bharti Airtel and Axiata Group Berhad agreed to further extend the agreement until September 26 or such other date as the parties may agree. The share price of the company will be in focus on June 27.

Bharat Petroleum Corporation/Hindustan Petroleum Corporation/Mangalore Refinery & Petrochemicals: The government announced its plans to set up petrochemical complexes around all 22 refineries across the country. Petrochemical companies and other downstream manufacturers catering to pharma and plastics, need to be set up around refineries as this will help bring down the cost of logistics. The oil & gas refinery sectors’ companies will be watched out on Monday.