Tuesday 4 July 2017

Top six stocks to watch out for on Wednesday

Following are the top six stocks to watch out for on Wednesday.

ICICI Prudential Life Insurance Company: The company has confirmed its interest in buying the struggling Sahara Life insurance.

Amtek Auto: Proxy advisor Stakeholders Empowerment Services (SES) has questioned the infusion of loans to Amtek Auto by promoter firms.

Lanco Infratech: Hindustan Powerprojects has begun to raise Rs 500 crore bank guarantees of Lanco Infratech, quoting non-fulfilment of a work contract, triggering a bitter row between the companies.

ICICI Bank: ICICI Bank’s joint venture agreement withFairfax Financial Holdings has been terminated ahead of the IPO of ICICI Lombard General Insurance Company.

Mahindra & Mahindra: The company has reduced prices by 6.9% on Large UV's, SUV's and small car segment by 1.4%. At the same time, prices of Hybrid vehicles increased post-GST.

NMDC: The company has fixed prices of Fines at Rs 1,985 per MT and Lump Ore at Rs 2,225 per MT.

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