Overnight Digest: Stocks to look out for on June 23

DSIJ Intelligence / 22 Jun 2017

Overnight Digest: Stocks to look out for on June 23

The stocks which are expected to witness significant movement on June 23 are CMI Limited, Vivimed Labs Limited, Repco Home Finance, Cipla Limited and Wockhardt Limited.

The stocks which are expected to witness significant movement on June 23 are CMI Limited, Vivimed Labs Limited, Repco Home Finance, Cipla Limited and Wockhardt Limited.

CMI Ltd- The company reported that it has received orders from East Central Railway valued at Rs 20.69 crore for supply of railway signalling cable and from BHEL worth Rs 9.97 crore for supply of 3.3KV & 11KV power cable for its Baddi plant. The share price of the company will be in focus on June 23.

Vivimed Labs Ltd- The company has announced completion of agreement with Strides Shasun Ltd to set up ventures in India and Singapore. The share price of the company will remain in the limelight on Friday.

Repco Home Finance- The company has informed that it proposes to raise Rs 100 crore by issue of secured, redeemable, non-convertible debentures. The share price of the company will be watched on Friday, June 23.

Cipla Ltd- The company has reported that it has withdrawn itself  from the patent dispute with Roche related to anti-cancer medicine Elontinib Hydrochloride. The share price of the company will be in focus on June 23

Wockhardt Ltd – The company has announced that it has, along with its two subsidiaries, namely, Wockhardt UK Holding Limited and CP Pharmaceuticals Limited, settled an ongoing commercial litigation before the High Court in London, U.K. for a drug named Trisenox. The share price of the company will be watched on Friday, June 23.

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