Stocks That Were In News On June 2, 2016

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The 30-share benchmark index ended the trade at 26843.14, higher by 129.21 points, while the NSE Nifty was at 8218.95, up by 39.00 points.

Asian peers ended the day on a mixed note, while European counters were trading in green.

Stocks That Were In News On June 2, 2016

Bharat Wire

The Company have been awarded with two rate contracts from the Shipping Corporation of India Limited and  Dredging Corporation of India Limited esteemed orgnisations.

The stock ended the day at Rs 41.95, higher by 3.97 per cent on BSE. It touched an intraday high at Rs 43 during the trade.

Rolta India

Shares of the company were seen trading lower after an international rating agencies lowered credit rating after the company failed to pay dues to banks on time.

The stock ended the day at Rs 67.55, lower by 6.18 per cent on BSE. It touched an intraday high at Rs 70.40 during the trade.

Bank Of Maharashtra

The bank said that it has decided to raise capital through FPO/rights issue/qualified institutional placement (QIP), upto Rs 1000 crore, subject to the necessary approvals.

The stock ended the day at Rs 28.40, higher by 1.97 per cent on BSE. It touched an intraday high at Rs 28.95 during the trade.

Tata Motors

Tata Motors rose after announcing good number of sales for the month of May. The company continued to witness strong year-on-year growth in certain key segments, with the company's M&HCV and LCV sales, in domestic market, growing by 23% and 6% respectively.

The stock ended the day at Rs 453 higher by 0.89 per cent on BSE. It touched an intraday high at Rs 460 during the trade.

Zee learn

Shares of the Zee Learn rose after the company decided to put merger with Tree House Education on hold.

The stock ended the day at Rs 29.30, higher by 1.38 per cent on BSE. It touched an intraday high at Rs 31 during the trade.

Shares of Tree House Education ended the day at Rs 59, lower by 3.75 per cent on BSE. It touched an intraday low and 52-week low at Rs 58 during the trade.

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