Top 5 stocks in focus on June 28: Fortis Healthcare, JK Cement to Varroc Engineering, here are 5 newsmakers of the day
The Asian stocks including the Indian market closed in red on June 27, 2018. The NSE Nifty 50 declined by 31.65 points (0.30%) to end at 10,639.75 but there were certain stocks that made news on the day and their impact will be seen during trade on June 28, 2018.
The Asian stocks including the Indian market closed in red on June 27, 2018. The NSE Nifty 50 declined by 31.65 points (0.30%) to end at 10,639.75 but there were certain stocks that made news on the day and their impact will be seen during trade on June 28, 2018. The stocks that are in news today, Varroc Engineering, JK Cement and Jyothi Laboratories can display some positive or negative impact on the markets. Here are the stocks concerned:
Fortis Healthcare: Today was the last day to bid but there are reports that the healthcare giant will extend the deadline for submission of bidding after the release of audited financial results were delayed.
JK Cement: The company's board will meet today to approve the raising of funds by an issue of equity shares by way of a public or private offering, including a qualified institutions placement (QIP). The shares of JK Cement will remain in focus in the coming days.
Aarti Industries: The company's board will meet today to consider and approve the proposal for the composite scheme of arrangement between Aarti Industries, Arti Surfactants and Nascent Chemical Industries and their respective shareholders.
Jyothi Laboratories: Today is the last day to issue bonus share in the ratio of 1:1. The company on June 22 said that it has got shareholders' nod to issue bonus share in the ration of 1:1.
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Varroc Engineering: The initial public offering (IPO) of Varroc Engineering was fully subscribed on the second day of the bidding process on June 28, 2018.
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