Day's Digest - Five stocks to watch out on March 9

The five stocks that may witness some kind of significant movement on March 9 in the markets are: Nucleus Software Exports, Rajesh Exports, Reliance Infrastructure, Unichem Laboratories and Tata Power Company

a) Nucleus Software Exports: Nucleus Software Exports releases latest version of its integrated transaction banking solution as FinAxia 3.0. The company will be able to grab the global transactional banking service industry.

b) Rajesh Exports :  Rajesh Exports will be in focus as company is included in MSCI INDIA SMALLCAP Index and FTSE MPF ( Mandatory Provident Fund) -ALL WORLD Index.

c) Reliance Infrastructure: Department of Industrial Policy and Promotion (DIPP) approved about 12 industrial licences for Reliance Defence. The name of the company will be changed from Reliance Infrastructure to Reliance Defence. The stock will be in focus throughout the day.

d) Unichem Laboratories: Unichem Laboratories received United States of Food and Drug Administration (USFDA) approval for Quetiapine Fumarate Tablets 25 mg, 50 mg, 100 mg, 200 mg, 300 mg, 400 mg. The company’s approved tablets are therapeutically equivalent to Seroquel tablets of Astrozenca Pharmaceuticals.

e)  Tata Power Company : Tata Power Company’s subsidiary Tata Power Renewable Energy signed a share purchase agreement for acquisition of 30 MW wind farm in Maharashtra. Tata Power’s total generation capacity will increase to 9130 MW and its operational wind power generation capacity to 570 MW.