Wednesday, June 12, 2019

Hot Stocks Corner

Stocks Corner:

1. ACC shares ended the day at Rs 1,600.70, a decline of 3.67 per cent on the National Stock Exchange (NSE) after the company reported a lower-than-expected operating performance in the quarter ended March, 2019 or Q1CY19. 

2. Shares of Oil and Natural Gas Corporation (ONGC) hit a 6-month high of Rs 170, up 4 per cent, in intra-day trade on Wednesday, and ended the day at Rs 168.35, a gain of 2.81 per cent, on the expectations of strong earnings in the January-March quarter (Q4FY19). 

3. Indiabulls Real Estate surged 10 per cent to close the day at Rs 115.70 on the NSE on the back of heavy volumes after the company said it has decided to divest Century, the parent company that houses Hanover Square property, London. The company has decided to focus only on Mumbai & National Capital Region (NCR). 

4. A board meeting of Trident will be held on May 13, 2019 to consider and approve the standalone and consolidated results of the company for the financial year ended on March 31, 2019. It will also consider and recommend final dividend, if any and recommend subdivision/split of company's equity share.


STOCKS IN BAN PERIOD 
PC JEWELLERS , DHFL , RELCAPITAL , RELINFRA 

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