Overnight Digest: Stocks to look out on July 12
The stocks to look out on July 12 include HFCL, BHEL, Bharat Forge, Glenmark Pharmaceuticals and Tata Global Beverages.
Himachal Futuristic Communications Limited (HFCL): HTL which a subsidiary of the company gets an order of Rs. 198.82 crore from Bharat Electronics Limited for supply of optical fibre cables.
Bharat Heavy Electricals Limited (BHEL): Credit rating agency CARE reaffirms CARE A1+ rating for the company's commercial paper of Rs. 8,000 crore.
Bharat Forge: The company's 51 per cent subsidiary Kalyani Rafael Advanced Systems Private Limited receives order of US$100 million to supply 1,000 Barak -8 MRSAM missiles kits for the Indian Army and Air Force.
Glenmark Pharmaceuticals: Fitch Ratings reaffirmed the company's credit rating at 'BB' with outlook 'stable'.
Tata Global Beverages: Tata Starbucks, which is a 50-50 per cent joint venture between Tata Global Beverages and Starbucks Coffee US, is planning to widen its presence in two new cities in India.