Overnight Digest: Stocks to look out for on July 13

DSIJ Intelligence / 12 Jul 2017

Overnight Digest: Stocks to look out for on July 13

The stocks which are expected to witness significant movement on the stock exchanges on July 13 are Tata Motors, Speciality Restaurants Limited, Shriram Transport Finance Company Limited, HPCL and ONGC.

The stocks which are expected to witness significant movement on the stock exchanges on July 13 are Tata Motors, Speciality Restaurants Limited, Shriram Transport Finance Company Limited, HPCL and ONGC.  
 
Tata Motors: The company posted global sales including JLR at 90,966 for June 2017, lower by 2 per cent in comparison to the global sales in June 2016. The share price of the company will remain in limelight on July 13.

Speciality Restaurants Limited: Speciality Restaurants Limited announced that the company has entered into a franchise agreement with Resolute Restaurant Management LLC granting right to the franchisee to open three franchise restaurants under its brand Mainland China Asia Kitchen in United Arab Emirates. The share price of the company is expected to remain in focus on Thursday.  
 
Shriram Transport Finance Company Limited: The company informed the exchange that S&P Global Ratings has revised its credit rating from BB+/Stable/B to BB+/Watch Dev/B. The stock price of the company is likely to remain in focus on July 13.
 
HPCL/ONGC: The share prices of HPCL and ONGC were in focus in Wednesday’s trading session on reports of a merger between the companies. The stocks are expected to continue to remain in the limelight on July 13.

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