Top 5 stocks in focus on July 6: Varroc Engineering, SCI to Tata Global Beverages, here are the 5 newsmakers of the day

Domestic markets failed to build up the gains on Thursday after being hit by volatility amid weak global cues. But there were certain stocks, like Varroc Engineering, GM Breweries to Welspun Enterprises, who came in news due to some reasons on the day and its reflections can be seen during trade on July 6, 2018. List of the key stocks that will remain in focus today: 

Varroc Engineering: The auto component maker Varroc Engineering will list its equity shares today after a successful initial public offer that closed last week. The final issue price is fixed at the higher end of the price band. The company's Rs 1,955-crore IPO was subscribed 3.6 times during June 26-28. 

GM Breweries:  The company on Thursday reported a 10 per cent jump in its revenues, which went up to Rs 404 crore from Rs 366 crore. Its profit surged to Rs 22 crore (120 per cent) from Rs 10 crore, while EBITDA margin grew from Rs 15 crore to Rs 34 crore. 

Shiping Corporation of India: The company will get Rs 500 crore under the Sagarmala programme to purchase ships from the international market and lease it out domestically. 

Welspun Enterprises: The infrastructure firm Welspun has said that it has bagged a contract worth over Rs 2,000 crore from National Highways Authority of India (NHAI) for the four laning of Sattanathapuram to Nagapattinam section of NH-45A (New NH -332) in Tamil Nadu under NHDP Phase-IV on Hybrid Annuity Mode.

Watch this Zee Business video here:

Tata Global Beverages: The company on Thursday said that it would exit the loss-making subsidiaries and focus on profitable ones that can be scaled up. The company, however, would have to maintain subsidiaries in certain locations, owing to legal issues, Chairman N Chandrasekaran told shareholders at the 55th annual general meeting here. In addition, the company has lined up investments of Rs150 crore in addition to the ongoing capital expenditure of Rs 300 crore to scale up operations.