Day's Digest - Five stocks to watch out on March 2

The five stocks that may witness some kind of significant movement on March 2 in the markets are:  INOX Leisure, SKS Microfinance, Siemens, Adani Ports & Special Economic Zone (APSEZ), and Bharat Heavy Electricals (BHEL)

a)  INOX Leisure :  INOX Leisure has started commercial operations of a Multiplex Cinema theatre located at Mall De Goa, Alto Porvorim, Goa with effect from March 2, 2016. The said Multiplex Cinema theatre has 4 screens and 911 seats. INOX, along with Satyam Cineplexes, is now present in 57 cities with 107 Multiplexes, 420 screens and a total seating capacity of 108931 seats across India.

b) SKS Microfinance : SKS completed its fifth securitisation transaction during FY16 for a pool value of Rs 216.21 crore on March 1. With this transaction, its total sum of securitisation completed during the financial year stands at Rs 1567.21 crore.

c) Siemens: Siemens is going to consider sale of its healthcare undertaking. The company's board will meet on March 4 to consider sale of its healthcare undertaking to a subsidiary of Siemens AG.

d) Adani Ports & Special Economic Zone: The government has approved Adani Ports & Special Economic Zone’s (APSEZ) proposal for clubbing its three new SEZs in Gujarat to form a mega multi –product export zone across an area of over 8500 hectares.

e)   Bharat Heavy Electricals (BHEL):  BHEL bagged thermal power project of Rs 5600 crore in Tamil Nadu. The company will build 2x800 MW (coal-based) Uppur supercritical thermal power project in Chennai. This is the second 800 MW rating supercritical order granted to BHEL by Tamil Nadu Generation and Distribution Corporation during a month's period.