Here are stocks that are in the focus today:
Listing: IndiaMART to list shares on exchanges on July 5.
Maharashtra Scooters: Madhur Bajaj resigned as Chairman and Sanjiv Bajaj took over as Chairman.
Mindtree: L&T categorized as a promoter of the company with 60.06 percent stake in the company.
Vedanta awarded 10 exploration Blocks in India at a total bid cost of USD 245 million
KPI Global Infrastructure: Company has successfully added new capacity of 8.827 MW under ‘Independent Power Producer (IPP)’ category and with this addition, the total cumulative capacity of a solar power plant in operation has gone up to 26.25 MW.
Indian Hume Pipe: CARE revised long term bank facilities rating to A from A+ with a stable outlook.
Bharti Airtel – NCLT approved the transfer of the Optical Fibre Cable business undertaking of Airtel and vesting of the same with Telesonic, on a going concern basis by way of a slump sale
Jindal Steel & Power: JSPL Angul Odisha has produced its highest ever hot metal production of 10845 MT for a single day on July 2.
IVRCL: R Balarami Reddy, Chief Financial Officer has superannuated from the services of the company on June 30, 2019.
Creative Eye: Company to enter into digital space by creating a new web series ‘Ishq Aaj Kal’ for OTT Platform ZEE 5 which is being produced by Dheeraj Kumar Kochhar, Zuby Kochhar, and Sunil Gupta.
PSP Projects: CARE reaffirmed rating on the company’s long term bank facilities at A+ with a stable outlook.
Steel Strips Wheels: June 2019 total wheel rim sales fell to 11.28 lakh versus 12.66 lakh in June 2018, representing a de-growth of 10 percent YoY.
Axis Bank: Enforcement Directorate attached Rs 4.58 crore in a bank fraud case.
Uniply Industries – Markab made an open offer to acquire 4.94 crore shares or 26% of the emerging voting share capital at Rs 82 per share, aggregating to Rs 405.62 crores
PSU Banks: Govt likely to have readied a large recapitalization plan for PSU banks – CNBC-TV18 sources.
NBFCs, HFCs: Proposal for additional regulatory powers for RBI over NBFCs likely in Budget – CNBC-TV18 sources.
Cox & Kings: Company defaulted Rs 7.2 crore NCD interest payment due June 30.
McLeod Russel: ICRA cuts the company’s long-term rating to D from B-, citing non-co-operation by company.
Cabinet approves minimum support price for Kharif crops.