Overnight Digest – Stocks to look out for on June 19, 2017

The stocks which are expected to witness significant movement on June 19 are Indiabulls Housing Finance Limited, Wheels India Limited, Shriram Transport Finance Co. Ltd., Indsil Hydro Power and Manganese Ltd
 
Indiabulls Housing Finance Ltd – The company informed the bourses on June 16, 2017 on the allotment of secured, redeemable, non-convertible debentures on a private placement basis. The share price of the company will be in focus on June 19,2017.

Wheels India Ltd – Wheels India Ltd and Topy Industries Ltd have entered into an agreement on June 16, 2017, for a strategic partnership in the passenger car steel wheels business in India, whereby Topy will acquire 26 per cent stake in WIL Car Wheels Ltd (WCWL). The share price of the company will be watched on Monday.
 
Shriram Transport Finance Co. Ltd. – The company at its meeting of the board of directors on June 16,2017 approved and allotted 1000 secured redeemable rated listed non-convertible debenture of face value of Rs 10,00,000 each, aggregating to Rs 100 crore on private placement basis. The share price of the company will remain in the limelight on June 19,2017.
 
Indsil Hydro Power and Manganese Ltd – The company at its board of directors' meeting held on June 16,2017, approved the scheme of amalgamation of Indsil Energy and Electrochemicals Private Ltd with Indsil Hydro Power and Manganese Limited. The share price of the company will be in focus on June 19.