Stocks in the news: YES Bank, Wipro, Mindtree, Suzlon, DHFL and Cox & Kings

NEW DELHI: Nifty futures on the Singapore Exchange were trading 22 points, or 0.19 per cent, lower at 11,625, indicating a negative start for Dalal Street. Here are a few stocks which may buzz the most in today’s trade:

YES Bank, Wipro: Mindtree, Wipro, YES Bank, Tata Elxsi, Dhanlakshmi Bank, Aditya Birla Money and DFM Foods are a few companies which will report June quarter results today.

Suzlon Energy: Suzlon Energy said it defaulted on $172 million (Rs 1,200 crore) of foreign currency convertible bonds (FCCBs) that came up for redemption on Tuesday.

Cox and Kings: The company defaulted on a Rs 45-crore commercial paper and interest payment on a NCD to the tune of Rs 41,09,589.

Jet Airways: The lenders to the bankrupt Jet Airways , who met for the first time since the carrier was sent to the NCLT, are understood to have decided to call for expressions of interest to sell the meager assets of the airline by Saturday.

DHFL: Lenders to the NBFC are ready to accept limited haircuts in a restructuring plan being worked out for the troubled firm, sources said. The stock will be excluded from the equity derivatives segment on the National Stock Exchange from September 27.

MCX: Multi Commodity Exchange of India reported a 496 per cent increase in its net profit for the first quarter (Q1) of 2019-20.

MTNL: Group of Ministers led by Home Minister Amit Shah discussed revival of loss making telecom firms BSNL and MTNL.

Mindtree: After acquiring Mindtree in a hostile takeover, Larsen and Toubro (L&T) Tuesday sought to assuage investor concerns, saying it can provide further impetus to the IT company's growth by way of board-level oversight and relevant client connects.

Adani Ports and Special Economic Zone: The company said it will raise up to $650 million by issuing unsecured notes.

DCB Bank: The bank reported a rise of 17 per cent in its net profit to Rs 81 crore for the first quarter ended June 30.The bank's net profit in the April-June 2018 quarter had stood at Rs 70 crore.

ONGC: Moody's Investors Service affirmed state-owned ONGC's Baa1 local and foreign currency issuer ratings, saying it reflect an improvement in the firm's credit metrics because of rise in oil prices.

Oil India: State-owned ONGC and Oil India alongside private sector Vedanta walked away with almost all of the oil blocks auctioned in the latest licensing round as part of the government's effort to raise domestic production.

NTPC: The state-owned power producer said it has commissioned the first unit of 660 MW capacity under Nabinagar Super Thermal Power Project.

Tata Power: The company said it has partnered with NTT Com-Netmagic to build 50 megawatt (MW) solar photovoltaic power plant in Solapur, Maharashtra.The NTT Com-Netmagic is a managed hosting and multi-cloud hybrid IT solution provider.

BHEL: NMDC has sent a termination notice to state-owned firm BHEL for not completing in time a contract to set up a raw material handling system (RMHS) at the miner's under-construction integrated steel plant at Nagarnar, an official said.

TV18 Broadcast: The company reported a consolidated net profit of Rs 23.17 crore in the first quarter ended June 30.

Insider Buys:

• Arihant Superstructures Limited: Ashokkumar Bhanwarlal Chhajer Huf has bought 50,000 shares through Market Purchase on Jul 10, 2019.
• Arihant Superstructures Limited: Sangeeta Ashokumar Chhajer has bought 45,000 shares through Market Purchase on Jul 10, 2019.

Insider Sells:

• No Sell entry for the day.

Note: Disclosure made under Reg 13(4), 13(4a) of SEBI (IT) regulations 1992.

Bulk and Block Deals :
Note: Insider Buy/Sell is as defined by SEBI Insider Trading Regulations, 1992 Bulk Deal is defined as any trade in which quantity transacted is more then 0.5% of the companies equity shares listed on the exchanges. The above mentioned data is not completely Extensive as relatively smaller trades have been excluded. Source: Edelweiss Alternative Research