Overnight Digest: Stocks to look out on July 5
The stocks to watch out for July 5 include IndiaMart, McLeod Russel, Kolte-Patil Developers, Gravita India, Quess and Thomas Cook.
IndiaMart InterMesh: The company made a spectacular debut on Thursday. The stock closed at Rs. 1,302.55 per share, up by 10.39 per cent from its listing price of Rs. 1,180 and up by 33.87 per cent from its issue price of Rs. 973.
McLeod Russel India: Credit Rating company ICRA downgraded the company’s long-term rating from [ICRA] B- to [ICRA] D. The short-term rating has also been revised from [ICRA]A4 to [ICRA]D.
Kolte-Patil Developers: The company has signed three new projects in Pune under the Development Management Model.
Gravita India Limited: Gravita Netherlands BV which is a subsidiary of the company sold its 100 per cent stake in Met Mauritania Recycling SARL.
Quess Corp and Thomas Cook: Thomas Cook opened a new branch in Delhi at Punjabi Bagh. The two stocks were amongst the top losers on BSE, down by, 13 and 7 per cent each on Thursday at closing.