Overnight Digest – Stocks to look out for on June 2
DSIJ Intelligence / 01 Jun 2017
The stocks which are expected to witness significant movement on June 2 are Vakrangee Ltd, Hero MotoCorp Ltd, Bharti Airtel Ltd, Renaissance Jewellery Ltd, Kitex Garment Ltd
The stocks which are expected to witness significant movement on June 2 are Vakrangee Ltd, Hero MotoCorp Ltd, Bharti Airtel Ltd, Renaissance Jewellery Ltd, Kitex Garment Ltd
Vakrangee Ltd- The stock soared 7% on Thursday after the company announced that it has achieved debt-free status during the March quarter.The share price of the company will remain in the limelight on Friday.
Hero MotoCorp Ltd – The company has informed the exchange that the company has sold 633,884 units in May 2017. The share price of these companies will be watched on June 2.
Bharti Airtel Limited – The company has received approvals of SEBI and stock exchanges for the proposed merger with Telenor India on Thursday.The share price will remain in focus on Friday.
Renaissance Jewellery Ltd - The company has informed the exchanges that it has fixed record date as June 12, 2017 for the purpose of buyback of shares.The share price of the company will remain in focus on Friday.
Kitex Garment Ltd- The company has revised the record date from June 19 to June 23 for the purpose of issuance of bonus shares in the ratio of 2:5. The share price of the company will be watched on Friday.