Coal India, Adani Group, Easy Trip Planners and other stocks to watch out for on June 15

Jun 15, 2021

By: Rounak Jain

Credit: BCCL

Adani Group

After all six of its stocks registered a massive fall on June 14, the Adani Group shares will once again be in focus today.

Credit: BCCL

...contd

Notably, the Adani Group, NSDL and one of the foreign investment funds, Albula Investment have clarified that their accounts were not frozen, contrary to media reports.

Credit: Adani Enterprises

Adani Group shares continue to decline

As of 11 am, five out of six listed Adani Group shares were in the red. Adani Enterprises was the only share in the green.

Credit: BCCL

Future Retail locked in upper circuit

Shares of the beleaguered retail company continued to be locked in the upper circuit yet again.

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Coal India

It reported a marginal decline of 1.1 percent in its net profit to ₹4,587 crore in the March 2021 quarter. Revenue declined to ₹24,511 crore from ₹25,597 crore a year ago.

Credit: BCCL

Easy Trip Planners

The online travel company will announce its March 2021 quarter results today.

Credit: Easy Trip Planners

Earnings today

Easy Trip Planners, Jubilant Foodworks, LIC Housing Finance, Lemon Tree Hotels, Spencers Retail, Power Finance Corporation, Whirlpool of India.

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Strides Pharma Science

It has partnered with US-based Ennaid Therapeutics to produce an oral medication for the treatment of mild and asymptomatic COVID-19 infection.

Credit: Strides

JSW Ispat Special Products

One of its promoters, AION Investments will sell 9.94 crore shares, which is 21.18 percent of the company’s total equity, at a price of ₹27 per share. This will be done via offer for sale.

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SBI Cards and Payment Services

It has allotted 5,000 non-convertible debentures of ₹10 lakh each, totaling to ₹500 crore, on a private placement basis.

Credit: SBI Cards

Banking stocks

Banking company stocks will be in action after retail inflation numbers surged to 6.3 percent in May from 4.23 percent in April.

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Zuari Agro Chemicals

It has resumed production at its Zuarinagar plants in Goa after shutting them down due to damage caused by cyclone Taukte.

Credit: Zuari Agro Chemicals

Why Adani Group shares are tumbling down⁠ — details here