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Stocks to watch: Coffee Day Enterprises, Cox & Kings, Mindtree, SBI

Here's a list of some of the companies whose shares are expected to trade actively in today's session

SI Reporter  |  New Delhi 

Markets, Investors, Indices, Stocks

At 08:43 am, Nifty futures on the Singapore Exchange (SGX) were trading 10 points or 0.08 per cent higher at 11,878, indicating a flat to positive start for the domestic stocks back home.

Here's a list of some of the companies whose shares are expected to trade actively in today's session -

Coffee Day Enterprises: Coca-Cola, has begun preliminary talks for a substantial stake buy in Cafe Coffee Day. The discussion with the Bengaluru-based company is being led by the Atlanta office of the beverage major, as per this Business Standard report.

Sunteck Realty: The Mumbai-based luxury real estate company said it was gearing to create a portfolio of commercial and retail properties with an investment of Rs 5,000 crore over the next four years.

State Bank of India: The SBI board, on July 1, will consider raising capital via Basel-III compliant debt instruments during FY 20.

Greaves Cotton: The board has fixed July 12 as the record date for the share buyback

Emami: The company is in talks to sell stake in cement business, as per reports.

Cox & Kings: Brickwork Ratings India reaffirmed its credit rating for the company's commercial paper issues at A1+.

Shriram Transport Finance: Crisil assigned AA+ rating with stable outlook for non-convertible debentures of Rs 10,000 crore.

MindTree: Mindtree CEO Rostow Ravanan is likely to resign in a few weeks after infrastructure company Larsen and Toubro (L&T) acquired a majority stake in the IT company, as per this Business Standard report

Welspun India: The company signed a JV agreement with Germany’s Sense Organics and acquired 51 per cent stake in its Myanmar arm.

First Published: Thu, June 27 2019. 08:44 IST
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