Here are stocks that are in the focus today:
Cox & Kings: CARE revised its credit rating to BB with a stable outlook from AA- with a stable outlook.
Hero Motocorp: Total sales in June 2019 declined to 6,16,526 units against 6,52,028 units sold in June 2018.
DHFL: Lenders decide to sign inter-creditor agreement to implement resolution plan by July 5. Company is in SMA-0 category for a few banks and delayed payment to few lenders on bank loans in June – CNBC-TV18 sources.
HCL Technologies: Acquisition of select IBM Software Products has been completed.
JSW Energy: Company’s deal to buy 1000 MW thermal power plant in Chhattisgarh from JSPL terminated.
Cox & Kings: Company defaulted on Rs 50 crore payment.
GAIL India: Fitch affirmed the company’s foreign issuer rating at BBB- with a stable outlook.
MOIL: Company hiked manganese ore prices on silico grades by 5 percent.
Oil India: Fitch affirmed the company’s IDR at ‘BBB-‘ with a stable outlook.
SBI: Bank and NIIF signed MoU to boost capital availability for infra projects.
ICRA: Company placed Naresh Takkar on leave, effective immediately, until further notice, and decided to appoint Vipul Agarwal as interim chief operating officer.
Tata Motors: Commercial and passenger vehicle sales in the domestic market down 14 percent to 49,073 units versus 56,773 units YoY.
TVS Motor Company: Two-wheeler sales fell to 2,83,461 units versus 3,01,201 units YoY.
Eicher Motors: Total motorcycle sales declined to 58,339 units against 74,477 units YoY.
Bharti Airtel: Merger of consumer mobile businesses of TTSL, TTML into Bharti Airtel completed. The company sets July 12 as the record date for issuance of shares w.r.t. TTML merger.