Major Stocks In Focus Behind News Flow | NMDC, DCX Systems, Raymond, IOL Chemicals | Stocks In News

Good morning. Well, yes, here's a list of all those stocks that will be in focus in today's trading session. Let's take a look at all of these talks on the back of their individual news flow. Gandhar Oil refinery will be in focus. The companies unit has received a contract worth 375 crores for three years each from the AD NOC distribution and the contract quantity is estimated to be 30 million liters per year. Positive news. So coming in. So what are for Gandhar Oil in today's trading session? Moving on, let's talk about NMDC now. Its AET now source based news break confirmed yesterday we told you about the cut that is expected in iron ore lump prices and fine prices and that has been implemented. And production has gone down by 3.2% on a year on year basis for the month of June and sales have also gone down by 9 percent on a year on year basis for the month of June. Moving on, let's take a look at DCS DCX Systems. The company has received a contract of 1250 crores from LNT to manufacture and supply electronic modules. So watch out for that. It's a positive news flow coming in for this company. Next up, Raymond will be in focus. The record date for the purpose of the merger or the hive off has been declared as 11 July. And each equity shareholder of Raymond Limited on the record date will be issued and allotted for shares of Raymond Lifestyle of rupees two each for every five fully paid up shares of rupees 10 each that they hold of Raymond Limited. Moving on, let's talk about some news coming from agencies. IOL Chemical and Pharma will be in focus today. The NMPA China has approved the fenofibrate manufactured by the company. Now on the back of this approval, this will enable the company to export this fenofibrate API to Chinese markets and gain access to the entire China market. So very positive news flow coming in for IOL Chemical and Pharma as well. So keep a very close eye on all of these stocks in today's trading session. Alright, thanks very much, Snehi for giving us those details. In fact. If you like this video then like, share and subscribe to ET Now.