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CNBC-TV18's top stocks to watch out for on July 8

Updated : 2020-07-08 07:56:21

The Indian market is likely to open on a cautious note Wednesday following mixed trend in Asian peers as concerns over rising coronavirus cases continue to linger. At 7:25 am, the SGX Nifty was trading 6.25 points or 0.06 percent lower at 10,807.80, indicating a flat start for the Sensex and Nifty50.

 Cipla:  The company is expected to launch its version of the drug Remdesivir in 1-2 days. The first batch of Cipla's Remdesivir has left the manufacturing site of Sovereign Pharma, the Daman-based company that was contracted to make finished dosages of Remdesivir.
Cipla: The company is expected to launch its version of the drug Remdesivir in 1-2 days. The first batch of Cipla's Remdesivir has left the manufacturing site of Sovereign Pharma, the Daman-based company that was contracted to make finished dosages of Remdesivir.
 Yes Bank:  The bank’s Capital Raising Committee has approved fund raising via Further Public Offering (FPO). The bank is expected to raise around Rs 10,000 - 15,000 crore, depending on investor appetite, sources told CNBC-TV18. (Image: Reuters)
Yes Bank: The bank’s Capital Raising Committee has approved fund raising via Further Public Offering (FPO). The bank is expected to raise around Rs 10,000 - 15,000 crore, depending on investor appetite, sources told CNBC-TV18. (Image: Reuters)
 Maruti Suzuki India:  The company’s production in June declined to 50,742 units as against 111,917 units, YoY. (Image: Reuters)
Maruti Suzuki India: The company’s production in June declined to 50,742 units as against 111,917 units, YoY. (Image: Reuters)
 Titan Company:  The company’s jewelry business revenue in May and June months was at slightly below 20 percent and around 70 percent compared to the corresponding months of the previous year. As at the end of June 2020, the company has re-opened around 83 percent of its stores across all businesses.
Titan Company: The company’s jewelry business revenue in May and June months was at slightly below 20 percent and around 70 percent compared to the corresponding months of the previous year. As at the end of June 2020, the company has re-opened around 83 percent of its stores across all businesses.
 Adani Ports & SEZ:  The company’s board has approved rising up to $1.25 billion via dollar denominated foreign currency bonds.
Adani Ports & SEZ: The company’s board has approved rising up to $1.25 billion via dollar denominated foreign currency bonds.
 Coal India:  The company said that the unions resorted to strike from the first shift of July 2 to the third shift of July 4. The strike was peaceful without any untoward incidence. Normalcy has been resorted from July 5. (Image: Reuters)
Coal India: The company said that the unions resorted to strike from the first shift of July 2 to the third shift of July 4. The strike was peaceful without any untoward incidence. Normalcy has been resorted from July 5. (Image: Reuters)
 NLC India:  The company’s cement production in Q1FY21 fell 16 percent to 4.65 lakh ton and cement boards production declined 26 percent to 12,570 ton.
NLC India: The company’s cement production in Q1FY21 fell 16 percent to 4.65 lakh ton and cement boards production declined 26 percent to 12,570 ton.
 BEML:  The company’s board has approved the closure of its loss making arm Vignyan Industries.
BEML: The company’s board has approved the closure of its loss making arm Vignyan Industries.
 Zuari Agro Chemicals:  The company has shut down a plant due to the non-availability of workers owing to COVID-19.
Zuari Agro Chemicals: The company has shut down a plant due to the non-availability of workers owing to COVID-19.
 Shalimar Paints:  Porinju Veliyath-owned Equity Intelligence India has reduced stake in the company to 1.66 percent in the June quarter as against 1.84 percent in the March quarter.
Shalimar Paints: Porinju Veliyath-owned Equity Intelligence India has reduced stake in the company to 1.66 percent in the June quarter as against 1.84 percent in the March quarter.
 Jammu & Kashmir Bank:  The Reserve Bank of India extended the term of its Chairman and Managing Director RK Chhibber by another three months or till the appointment of MD and CEO, whichever is earlier.
Jammu & Kashmir Bank: The Reserve Bank of India extended the term of its Chairman and Managing Director RK Chhibber by another three months or till the appointment of MD and CEO, whichever is earlier.
 Birlasoft:  The company has partnered with Innoveo to fast-track the journey to digital excellence.
Birlasoft: The company has partnered with Innoveo to fast-track the journey to digital excellence.
 Magma Fincorp:  The company has partnered with Wadhwani Foundation to provide pro-bono business consulting to SME customers.
Magma Fincorp: The company has partnered with Wadhwani Foundation to provide pro-bono business consulting to SME customers.
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