Overnight Digest - Five stocks to watch out on March 15
Mayuresh Deshmukh / 14 Mar 2016
The five stocks that may witness some kind of significant movements on March 15 in the markets are: NIIT, Kridhan Infra, Vakrangee, Palred Technologies, ONGC.
The five stocks that may witness some kind of significant movements on March 15 in the markets are: NIIT, Kridhan Infra, Vakrangee, Palred Technologies, ONGC.
a) NIIT: NIIT.tv- a disruptive innovation by NIIT, enters into a significant partnership with SASTRA university. It will now offer support to students pursuing BTech and MTech degree programmes.
b) Kridhan Infra: Kridhan Infra has informed stock exchanges on Monday that it acquired leading Singapore based Engineering Procurement Construction (EPC) company, Swee Hong, for a total consideration of SGD 8 million.
c) Vakrangee: Vakrangee moves towards its vision 2020. A strategic tie up with Indian Oil Corporation Ltd. (IOCL) across pan India for setting up Vakrangee Kendra at its retail outlets.
d) Palred Technologies: LatestOne.com, which is an e-commerce website selling mobile accessories, is owned by Palred Technologies, and has informed stock exchanges that the average order value has increased by 50 per cent from Rs 500 to Rs 750 per order in the current quarter.
e)Oil and Natural Gas Corporation (ONGC): ONGC is planning to undertake drilling of nine development wells in KG-OSN-2004/1 and GS-49-2 fields besides creation of other infrastructure in KG Basin with an investment outlay of Rs 3,750 crore.
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