Top 5 stocks in focus on June 7: From HCL Infosystems to United Spirits, here are the newsmakers

From HCL Infosystems to United Spirits a number of stocks have come in the news on Thursday and they may go through some positive or negative impact in the market today. Here are the stocks that are in news on June 7, 2018: 

• HCL Infosystems Limited (HCL-INSYS): HCL Infosystems' agreement with Apple India for distribution of Apple iPhones and other products will end on March 30, 2019. Both the companies had entered into a distribution tie-up in July 2017. 
• United Spirits Limited (MCDOWELL-N): The company has set June 18, 2018, as the record date for splitting each share of face value of Rs 10 into five shares of face value of Rs 2 each. Earlier, the proposal of splitting the shares was approved by shareholders of the company. 
• Arvind Limited (ARVIND): The company has decided to invest Rs 1,500 crore for its expansion and to increase its garment-making capacity to meet the rising demand. Arrow and US Polo Assn. are some branded apparel the company distributes. 
• Lemon Tree Hotels Limited (LEMONTREE): The company has signed a license agreement for a 104 room property at Gwalior, Madhya Pradesh. The hotel is expected to be operational by June 2020. 

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• Mcleod Russel India Limited (MCLEODRUSS): The company has finalised the sale of eight tea estates to MK Shah Exports Ltd for a consideration of nearly Rs 331 crore, according to a stock market disclosure. Kolkata-based McLeod Russel is the largest tea producing company in the world.