Overnight Digest: Stocks to watch out on June 12

The stocks those are likely to witness significant movement on the bourses on June 12 are Avenue Supermarts, Havells, Bharat Dynamics, Balaji Speciality and Tata Elxsi. 

Avenue Supermarts: The company has raised funds through issuance of Commercial Paper (CP) worth Rs. 100 crore. The company has issued CP on June 11, 2019 and it will mature on September 9, 2019. The rating agency, CRISIL has assigned ‘A1+’ rating to the instrument. 

Havells India: Company has unveiled its impressive array of technologically advanced, best‐in‐class Alkaline RO water purifiers and Active UV in Lucknow in the state of Uttar Pradesh. 

Bharat Dynamics Limited: Company signed a contract worth Rs. 1,187.82 crore for supply of heavy weight torpedoes. The contract has to be executed in next 42 months. 

Balaji Speciality Chemicals Private Limited: Company’s subsidiary has received consent to operate by Maharashtra Pollution Control Board. 

Tata Elxsi Limited: GAC Motor collaborates with Tata Elxsi to develop Smart Gateway Module.