DSIJ Mindshare

Overnight Digest – Stocks to look out for on June 28

The stocks which could witness significant movement on June 28 are MBL Infra, BHEL, Shoppers Stop, IFCI, Lancer Container Lines.

a) MBL Infra: The company has informed the stock exchanges that it has bagged a Rs 779 crores road project from National Highways Authority of India (NHAI).

b) BHEL: State-run Bharat Heavy Electricals Ltd., (BHEL) Monday (June 27) in the BSE filing said, that it has commissioned two units of 14 Megawatts each at Salma Hydro Electric Project in Afghanistan.

c) Shoppers Stop: Shoppers Stop Ltd., has informed BSE that the company has opened one M.A.C door and one Clinique door at Mumbai International Airport at T2-Domestic Departures. With the opening of these doors, the company has now 39 M.A.C doors and 26 Clinique doors.

d) IFCI: IFCI plans to offload its stake in NSE by June 30. The stock may witness a movement in June 28 trade. Meanwhile NSE which has a valuation of Rs 17500 crores plans to come up with the IPO by Jan 17.

e) Lancer Container Lines: Lancer Container Lines Ltd., has informed BSE that the company has opened a branch office at Kuala Lumpur, Malaysia. This office will help the company to tap business opportunities in the India - South East Asia Corridor, improving company's foot print in this sector and help deliver superior client experience locally.



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