Wednesday, 7 June 2017

Five Stocks to watch out for on Thursday

Piramal Enterprises: Piramal Finance is the financial services arm of Piramal Group. The company has given a loan of Rs 650 crore to realty developer Embassy Group as growth capital, reported a national news portal.

Reliance Capital: The company has announced plans to come out with IPO of Reliance Nippon Life Asset Management (RNAM), according to a BSE filing.

Coal India: The company is exploring opportunities to diversify its business operations due to uncertainty over coal as the government is pushing for renewable energy.

Tata Communications: The company is reportedly working on a safety device to alert a company when its women employees reach home using the company cars.

Reliance Communications: The leading telecom company on Wednesday refuted the ratings downgrade by Moody’s and Fitch done a day earlier. The stock fell nearly 4% at the closing time.

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