Overnight Digest - Stocks to look out for on June 5
DSIJ Intelligence / 02 Jun 2017
The stocks which are expected to witness significant movement on June 5 are Dwarikesh Sugar Industries, GVK Power and Infrastructure, GMR Infrastructure and Reliance Communications.
The stocks which are expected to witness significant movement on June 5 are Dwarikesh Sugar Industries, GVK Power and Infrastructure, GMR Infrastructure and Reliance Communications.
Dwarikesh Sugar Industries: Dwarikesh Sugar Industries announced the decision of its board to split its equity shares in 10:1 ratio on Friday, in order to enhance liquidity and investor base. The share price of the company will remain in the limelight on June 5.
GVK Power and Infrastructure: GVK sold its residual 10 per cent stake in Bengaluru airport to Fairfax India on Friday. The share prices of these companies will be in focus on June 5.
GMR Infrastructure: GMR Infrastructure posted a turnaround in the FY17 with a PAT of Rs 9 crore against Rs 2664 crore loss in FY16, on June 2, 2017. The share price of the company will remain in the limelight on Monday.
Reliance Communications: Reliance Communication announced its merger with Aircel on Friday primarily to resolve its mounting debt issue. The share price of the company will be watched on June 5.
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