Overnight Digest – Stocks to look out for on July 10, 2017

The stocks which are expected to witness significant movement on July 10, 2017 are Firstsource Solutions Limited, Steel Strips Wheels Limited, Alok Industries Limited, JM Financial Limited and Shree Renuka Sugar Limited.
 
Firstsource Solutions Limited –  The Firstsource Solutions has reported it has signed definitive agreements to sell a portion of its domestic business to Vertex Customer Management India Private Limited. The stock price will be in focus on Monday.
 
Steel Strips Wheels Limited – The company has informed that it has bagged an additional order for caravan wheels from Europe. This order covers supplies of approx 40,000 nos of 13” & 14” caravan wheels in a period of four months. The stock price will be in the limelight on July 10.
 
Alok Industries Limited - The company has informed that it has been supplied with a copy of the application for resolution proceeding filed by SBI before the NCLT, Ahmedabad on June 29, 2017. The share price will be watched on Monday.

JM Financial Limited – The company has informed that its subsidiary namely JM Financial Asset Management Limited  has approved the buyback of up to 10 per cent of the outstanding equity capital. Th stock price will remain in focus on July 10

Shree Renuka Sugar Limited – On Friday trading session, the stock prices surged up to 20 per cent as sugar prices touched one-year high. The share price will remain in the limelight on Monday's trading session.