Overnight Digest: Stocks to look out for on June 12

The stocks that are likely to witness significant movement on the bourses on Tuesday, June 12 are Chambal Fertilizers & Chemicals Limited, Pudumjee Paper Products Limited, Infosys Limited, Shoppers Stop Limited, Tata Power Company Limited and Ajmera Realty & Infra India Limited.   

Chambal Fertilizers & Chemicals Limited: The company announced on Monday that credit rating agency CRISIL Limited has assigned the rating of CRISIL A1+ to the commercial paper programme of the company for an enhanced amount of rs. 3000 crore (enhanced from rs. 2500 crore to rs. 3000 crore). The stock will be watched on Tuesday.

Pudumjee Paper Products Limited: The company informed the bourses about its shareholders agreement for acquisition of equity shares in M/s. MITCON Solar Alliance Limited. The stock will be in focus on Tuesday.

Infosys Limited: The company inforned the bourses on Monday that it has annpunced the approval for voluntary delisting of its american depositary shares from Euronext Paris and Euronext London. The stock will be in limelight on Tuesday.

Shoppers Stop Limited: The company informed the bourses that it has closed its Shoppers Stop store at Swami Vivekananda Airport, Raipur, due to non-renewal of airport store premises agreement. The stock will be watched on Tuesday.  

Tata Power Company Limited: The company announced on Monday that it has won a 150 MW Solar PV project in Maharashtra. The stock will be in focus on Tuesday.

Ajmera Realty & Infra India Limited: The company informed the bourses about the acquisition of Land at Electronic City-2 Bengaluru. The stock will in limelight on Tuesday.