Overnight Digest: Stocks to watch out on July 7

Overnight Digest: Stocks to watch out on July 7

Shreya Chaware
/ Categories: Trending, DSIJ News

Stocks to watch out on July 7 include Force Motors, JK Lakshmi Cement, V.I.P Industries, Ashok Leyland, Bajaj Finance, Tata Motors, Tata Consultancy Services and Tanla Platforms.

Stocks to watch out on July 7 include Force Motors, JK Lakshmi Cement, V.I.P Industries, Ashok Leyland, Bajaj Finance, Tata Motors, Tata Consultancy Services and Tanla Platforms.

Buzzing Stocks - Force Motors, JK Lakshmi Cement and V.I.P Industries have been in limelight in today's trading session as the share prices of these stocks rose by 18.44 per cent, 8.52 per cent and 8.15 per cent respectively. These stocks may be on the watchlist of investors for tomorrow's trading session

Ashok Leyland - The company announced that its manufacturing plants across the country would be operational between 6-25 days in July. Also, the company witnessed that the overall market demand in July 2021 is better than in June 2021 this year.

Bajaj Finance -The company has reported strong growth in Q1FY22. The company's liquidity position stood strong as a consolidated liquidity surplus was reported at approximately Rs 10,900 crore as of June 2021. This stock is likely to be on investors' radar in tomorrow's trading session.

Tata Motors - The company has shown concerns regarding chip shortages which are very dynamic and hard to forecast. The chip shortages are expected in Q2FY22 as compared to Q1FY22, thus resulting in wholesale volumes about 50 percent lower than planned. In tomorrow's trading session, investors may remain cautious over this stock.

Tata Consultancy Services - The company has launched  Jile™ 5.0, a major release of its SaaS-based
enterprise agile tool, with enhanced portfolio capabilities. This delivery tool enables enterprises to meet the large-scale development needs of multiple distributed teams.

Tanla Platforms - Karix Mobile, which is a wholly-owned subsidiary of Tanla Platforms Limited, today announced the deployment of a conversational solution for Panasonic India Limited using the WhatsApp Business Solution Platform. This solution will facilitate one-to-one conversations between Panasonic’s customers and the brand.

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