Overnight Digest - Stocks to look out for on July 5

The stocks which are expected to witness significant movement on July 5 are Vardhman Special Steels Ltd, Future Enterprises Ltd, Wockhardt Ltd, Welspun Enterprises Ltd and Infosys Ltd.   

Vardhman Special Steels Ltd: The company has informed the exchanges that the outlook of long term rating on total bank loan facilities of the company has been revised from Stable to Positive by CRISIL. The share price of the company will remain in the limelight on July 5.

Future Enterprises Ltd: The company filed on the exchange regarding the incorporation of wholly-owned subsidiary company. The share price of the company will be in focus on July 5.

Wockhardt Ltd: The company confirmed to the bourses that Credit Analysis & Research Limited (CARE Ratings) re-affirmed a ‘CARE A1+’ rating for short term bank facilities (non-fund based working capital limit) and revised the ratings from ‘CARE AA’ to ‘CARE AA-’ for long-term bank facilities (fund-based working capital limit). The share price of the company will remain in the limelight on Wednesday.

Welspun Enterprises Ltd: The company informed the bourses that the I-T department had conducted a search under section 132 of Income Tax Act, 1961 at various locations of the company. The share price of the company will be watched on July 5.
 
Infosys Ltd: The company announced on July 4 that Active Al joined Infosys Finacle’s growing FinTech ecosystem. The share price of the company will remain under limelight on July 5.