DSIJ Mindshare

Overnight Digest – Stocks to look out for on June 30

The stocks which could witness a significant movement on June 30 are Larsen & Toubro, Gati, Sanghvi Movers, Tiger Logistics (India) and GAIL (India).

Larsen & Toubro: L&T Infotech has declared its price band between Rs 705 to Rs 710 per equity share. A discount of Rs 10 per equity share will be offered to retail individual bidders. The company’s share price will be in focus on June 30.

Gati: Gati Kausar launches a state-of-the-art temperature controlled warehouse near Delhi. The facility is spread across 4 acres. The facility is to have chambers catering to -25 degrees with capacity of 5000 pallets.

Sanghvi Movers: Sanghvi Movers received Sales Tax Demand from Asst. Commissioner of Sales Tax Pune for FY09 under MVAT Act. The stock will be in the limelight on Thursday.

Tiger Logistics (India): Tiger Logistics (India) has given out  information pertaining to incorporation of subsidiary company with the name of Tiger Logistics Pte. Ltd in Singapore. The share price of the company will be in focus on June 30.

GAIL (India): GAIL (India) has begun supplying gas to the India unit of the world's largest automotive aluminium wheel producer Wanfeng Group. Gas supplies to Wanfeng Aluminimum Wheels (India) plant at Rewari in Haryana commenced on June 27. The share price of the company will be watched out on June 30.

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