Top 5 stocks in focus on June 6: United Spirits, ADF Foods, CG Power, HCL Tech and Glenmark Pharma

United Spirits, ADF Foods, CG Power, HCL Tech and Glenmark Pharma are stocks that have come in the news on Wednesday. They may have some positive or negative impact on the market. Here are the stocks that are in news on June 6, 2018:

United Spirits Ltd: Shareholders have approved Diageo-controlled United Spirits proposal to split each share of face value of Rs 10 into five shares of face value of Rs 2 each. The board of the company has approved it already.

ADF Foods: The board of directors of ADF Foods has approved a buyback proposal. Size of shares for buyback stands at Rs 30 crore and the company has planned a buyback drive of 10 lakh shares at a price of Rs 300 each.

Add Zee Business as a Preferred Source

CG Power: The company has bagged an order of Rs 319 crore from the Indian Railways for providing 1000 Diesel Electric Tower cars (DETC)

HCL Technologies Ltd.: Vama Sundari Investments a promoter of the company has purchased 75 lakh shares of HCL Technologies. Each share was bought at a price of Rs 900.

WATCH ZEE BUSINESS VIDEO HERE

Glenmark Pharmaceuticals Ltd: US Food and Drug Administration (USFDA) has issued Form 483 with five observations for Glenmark Pharmaceuticals