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    Stocks in the news: TCS, IndiGo, RCom, ​Manpasand and Indiabulls Housing


    Vatika Group has repaid debt worth Rs 500 crore to HDFC and IB Housing Finance.

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    Concor and BHEL ave entered into an agreement to set up rail-based logistics terminal in Haridwar.

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    NEW DELHI: Nifty futures on the Singapore Exchange were trading 13.50 points, or 0.12 per cent, higher at 11,575, indicating a positive start for Dalal Street. Here are a few stocks which may buzz the most in today’s trade:

    TCS: Sequentially, the company’s revenue rose 1.6 per cent, missing analysts’ expectations of more than 2 per cent growth. Revenue from banking and financial services rose 0.4 per cent in dollar terms, far below the company average.

    InterGlobe Aviation: The feud between the IndiGo promoters took a turn for the worse after one of the warring partners complained to Sebi about questionable corporate governance practices, alleging that even a ‘paan ki dukaan’ would have handled things better.

    Reliance Communications: A probe commissioned by SBI has flagged transactions worth ₹5,500 crore in the books of Reliance Communications and two other Anil Ambani-led Reliance Group entities for further investigation, four people with direct knowledge of the matter told ET.

    Manpasand Beverages: Statutory auditors resigned due to developments including investigation by goods and services tax authorities into company.

    Concor: Container Corporation of India and Bharat Heavy Electricals (BHEL) have entered into an agreement to set up rail-based logistics terminal in Haridwar, Uttarakhand.

    Ashok Leyland: Commercial vehicle major Ashok Leyland is ready with its electric vehicle strategy even as it prepares to shift its entire model line to conform to BS VI emission norms from April 1, 2020, chairman Dheeraj G Hinduja said.

    NTPC: India's largest electricity producer has terminated contracts it had awarded to BGR Mining & Infra for development of its coal mines in Jharkhand and Chhattisgarh over allegations of corruption against senior officials of the private mining company.

    HDFC, Indiabulls Housing: Realty developer Vatika Group has repaid debt worth Rs 500 crore to non-banking finance companies Housing Development Finance Corporation (HDFC) and Indiabulls Housing Finance.

    Jaypee Infratech: The National Company Law Appellate Tribunal (NCLAT) on Tuesday reserved its order over the issue of Jaypee Infratech's land mortgaged by Jaiprakash Associates Ltd (JAL) to its lenders.

    Tata Communications: Tata Sons is grappling with what to do with lossmaking Tata Communications and one option being considered is to combine some businesses of the digital infrastructure company with Tata Consultancy Services and sell off the rest, people familiar with the matter said.

    Bharti Airtel: Telecom operator Bharti Airtel said shares of its subsidiary Airtel Africa have been listed and admitted for trading on Nigerian Stock Exchange and the London Stock Exchange (Premium Segment).

    REC: The stock may see further action after it hit its biggest fall since November 2016 on Tuesday after the index maintenance sub-committee of NSE indices decided to exclude the stock from the Nifty CPSE index of state-owned companies.

    Adani Ports and Special Economic Zone (APSEZ): The company said its board later this week will consider raising up to $700 million through foreign currency bonds. The bonds may be issued in various tranches, it said.

    Max Financial Services: The company said it has not approached insurance regulator Irdai with any proposal to sell 10 per cent stake in its insurance subsidiary Max Life to Axis Bank.

    Zee Media: The company said its managing director Ashok Venkatramani has resigned from the company. Venkatramani’s resgination will be effective from July 9.

    Insider Buys:
    • No Buy entry reported for the day.
    Insider Sells:
    • PC Jeweller Limited: Sachin Gupta has sold 28,03,627 shares through Market Sale from Jul 2, 2019 to Jul 4, 2019.
    Note: Disclosure made under Reg 13(4), 13(4a) of SEBI (IT) regulations 1992.

    Bulk and Block Deals :
    Blg Tickers Date Company Name Acquirer/Seller Buy /Sell Qty Traded Price
    BCPC 09-Jul-19 B.C. Power Controls Limited Siddharth Chimanlal Shah Buy 350,500 44.83
    BCPC 09-Jul-19 B.C. Power Controls Limited Deepen Bharat Shah Sell 350,500 44.83
    SHREESH 09-Jul-19 Shreeshay Engineers Limited Emrald Commercial Limited Buy 296,000 16.80
    SHREESH 09-Jul-19 Shreeshay Engineers Limited Mukesh Commotrade Ltd Sell 184,000 16.80
    TALWGYM 09-Jul-19 Talwalkars Healthclubs Limited Kamadgiri Exports Private Limited Buy 212,600 103.85
    VDE 09-Jul-19 Vadilal Enterprises Ltd Sps Finquest Private Limited Buy 6,001 950.00
    VDE 09-Jul-19 Vadilal Enterprises Ltd Kalpana Pramod Shah Sell 6,001 950.00
    Note: Insider Buy/Sell is as defined by SEBI Insider Trading Regulations, 1992 Bulk Deal is defined as any trade in which quantity transacted is more then 0.5% of the companies equity shares listed on the exchanges. The above mentioned data is not completely Extensive as relatively smaller trades have been excluded. Source: Edelweiss Alternative Research
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