Day's Digest - Five stocks to watch out on March 3

DSIJ Intelligence / 03 Mar 2016

Day's Digest - Five stocks to watch out on March 3

The five stocks that may witness some kind of significant movement on March 3 in the markets are: Tata Motors, Infosys, Exide Industries, PC Jeweller and Talwalkars Better Value Fitness

The five stocks that may witness some kind of significant movement on March 3 in the markets are: Tata Motors, Infosys, Exide Industries, PC Jeweller and Talwalkars Better Value Fitness

a)  Tata Motors :  Total sales of Tata Motors passenger and commercial vehicles stands at 46674 vehicles in February 2016, which rose by 6 per cent in February 2016. The company's medium & heavy commercial vehicle segment increased by 22 per cent on an yearly basis.

b) Infosys : Infosys declared that it will collaborate with Microsoft to deploy advanced analytics solutions to support healthcare organizations in their digital transformation.The company has developed healthcare analytics solutions to augment the current processes and make them more efficient using Microsoft Cortana Analytics Suite.

c) Exide Industries: Exide Industries’ wholly owned subsidiary Chloride Alloys India is amalgamated with Chloride Metals (CML) with effect from March 01, 2016. The stock will be in focus throughout the day.

d) PC Jeweller: Jewellers started their three day pan-India strike to protest proposed re-imposition of 1 per cent excise duty on gold and diamond jewellery. There is also mandatory quoting of PAN by consumers for transaction of Rs 2 lakh and above. Therefore PC Jeweller will remain in focus for the day.

e)   Talwalkars Better Value Fitness: Talwalkars Better Value Fitness (Talwalkars) inaugrated 10 gyms in Sri Lanka. The company has plans to inaugurate about 100 gyms across the length and breadth of Sri Lanka.

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