Shares of the following companies are expected to buzz in trade, on Thursday, 6th June, 2019, based on latest updates and developments:
Oriental Bank of Commerce, IndianBank & CorporationBank: Government considers merging these public sector banks, and these stocks will be looked out in today’s session. On Tuesday, OBC and Corporation Bank shares rose by 3.41% and 1.61% respectively, while Indian Bank ended lover by 5pc at Rs273.35-per share.
Tata Motors Limited: Tata Motor’s subsidiary Jaguar Land Rover (JLR) joins forces with BMW Group to invest in research & development for production of electric vehicles.
HEG Limited: Shares of Carbon&Graphite product manufacturing company, HEG Ltd on Tuesday itself gained 0.38pc or Rs.6.40 at Rs.1700.80 on after the Company has increased its stake from 29.48pc to 49pc in Bhilwara Energy. In today’s session, furthermore stock rising action is expected.
Mahindra and Mahindra: The M&M posted its sales report for May month making a sale of 42,930 units which is 1.82pc lower than the sales, a year ago. On Tuesday, M&M’s stock was down by Rs.2.40 at Rs.651per share. The stock will be monitored in todays’s session.