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Business News » India News

Top 5 stocks in focus on July 5: Biocon, Yes Bank to Bharat Road, here are the 5 newsmakers of the day

Religare Finvest Limited has filed an insolvency application against Bharat Road for initiation of Corporate Insolvency Resolution process against the Company, claiming a default of about Rs 51.30 crore. 

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Top 5 stocks in focus on July 5: Biocon, Yes Bank to Bharat Road, here are the 5 newsmakers of the day
Indian markets closed in the green on Wednesday but there were certain stocks that made news on the day. Image source: PTI
Written By: ZeeBiz WebTeam
Updated: Thu, Jul 05, 2018
09:18 am
ZeeBiz WebDesk
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Indian markets closed in the green on Wednesday but there were certain stocks that made news on the day. Their impact on the market will be visible on Thursday, .i.e., on July 5, 2018. Here is a list of those 5 stocks:

Biocon: The Biopharmaceutical company in its filing to BSE on July 4, 2018, said that it has received EU GMP certification for its sterile drug product manufacturing facility in Bengaluru. The facility was inspected by the European agencies in March 2018. This facility is used for the manufacture of Biocon's portfolio of biosimilars. 

Yes Bank: The private lender on Wednesday said that it has received final regulatory approval from the Securities & Exchange Board of India (Sebi) to start mutual fund business. The fund house will be called Yes Asset Management (India) Limited (YAMIL) and it is going to be a wholly owned subsidiary of YES Bank.

Bharat Road Network Limited: Religare Finvest Limited has filed an insolvency application against Bharat Road for initiation of Corporate Insolvency Resolution process against the Company, claiming a default of about Rs 51.30 crore. 

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Future Lifestyle: The company on Wednesday said that it will acquire 29.9 per cent stake in London-listed e-commerce fashion firm Koovs for approximately Rs 140 crore (GBP 15.3 million ). Future Lifestyle Fashions is part of Kishore Biyani-led Future group. 

Force Motors: The company on Wednesday presented its production and sale (Domestic & Export) data for June 2018. The company's June 2018 production stood at 2,484 units. And it sold 2545 units in the domestic markets, while its exported 124 units. 

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TAGS:
Yes BankBioconForce Motors
RELATED NEWS
BOOSTER dose for Yes Bank! CDP rates ‘A-' (Leadership Band); achieves Environmental Management System certification for eighth year BOOSTER dose for Yes Bank! CDP rates ‘A-' (Leadership Band); achieves Environmental Management System certification for eighth year
Yes Bank Share price - Anand Rathi maintains Sell rating with price target of Rs 14 Yes Bank Share price - Anand Rathi maintains Sell rating with price target of Rs 14
Yes Bank target price cut to Rs 14, SBI target Rs 470; what investors must do now Yes Bank target price cut to Rs 14, SBI target Rs 470; what investors must do now
Yes Bank Share price today: Investec cuts target price to Rs 19 Yes Bank Share price today: Investec cuts target price to Rs 19
Yes Bank Share price: Anand Rathi maintains Sell rating with price target of Rs 14 Yes Bank Share price: Anand Rathi maintains Sell rating with price target of Rs 14

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