Overnight Digest: Stocks to look out on July 2
The stocks to watch out on July 2 include TATA Teleservices (Maharashtra), Alembic Pharmaceuticals, Nitin Spinners Ltd., SML Isuzu, SpiceJet and Zensar Technologies.
Tata Teleservices (Maharashtra) Ltd. (TTML): The consumer mobile businesses Tata Teleservices Limited (TTSL) and TTML merge into Bharti Airtel Limited and Bharti Hexacom Limited (Airtel).
Alembic Pharmaceuticals: The company receives the United States Food and Drug Administration (USFDA) approval for its Clonazepam Orally Disintegrating Tablets USP, 0.125 mg, 0.25 mg, 0.5 mg, 1 mg and 2 mg.
Nitin Spinners Ltd.: The company starts commercial production at Spinning and Weaving Units in Bhanwaria Kalan, Chittorgarh, Rajasthan.
SpiceJet Ltd.: The airline company has started a daily direct flight between Guwahati and Dhaka.
SML Isuzu Limited: The company reported 22.4 per cent fall in June 2019 sales. In June 2019, the company sold 1,214 vehicles against 1,564 in June 2018. Total sales from April to June 2019 were 4,282 units.
Zensar Technologies Ltd.: The company has collaborated with Tomorrow Trust with the aim to support its SHIFT (digital Skills, Holism and Innovation for Tomorrow) programme.