Overnight Digest- Stocks to look out for on June 6
DSIJ Intelligence / 05 Jun 2017
The stocks which are expected to witness significant movements on June 6 are, State Bank of India, DEN Network, Axis Bank, Dr. Reddy's Laboratories, Jet Airways and Mahindra & Mahindra Financial Services.
The stocks which are expected to witness significant movements on June 6 are, State Bank of India, DEN Network, Axis Bank, Dr. Reddy's Laboratories, Jet Airways and Mahindra & Mahindra Financial Services.
State Bank of India: The banking major, State Bank of India issued QIP to raise Rs 11,000 crore as announced by the bank in late market hours of June 5, 2017. The share price of the company will remain in the limelight on Tuesday.
DEN Network: DEN network announced its exit from TV Home shopping channel business on June 5, 2017, to focus on cable TV distribution and broadband. The share prices of these companies will be in focus on June 6.
Axis Bank: Axis Bank informed the exchange on June 5, 2017, regarding the allotment of 52625 equity shares under ESOP. The share price of bank will remain in the limelight on Tuesday.
Dr. Reddy's Laboratories: Dr. Reddy's Laboratories will present at the Jefferies 2017 Global Healthcare Conference, as announced by the company on June 5. The share price of the company will be watched on June 6, 2017.
Jet Airways: Speculations spurred during late market hours on June 5, about Jet Airways to add 75 aircraft to its collection. The share price of company will be remain in the limelight on Tuesday.
Mahindra & Mahindra Financial Services: The company informed about the allotment of 700 securities pursuant to Non Convertible Securities at its meeting on June 5, 2017. The stock is likely to remain in focus on June 6, 2017.
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