Day's Digest - Five stocks to watch out on March 15
DSIJ Intelligence / 15 Mar 2016

The five stocks that may witness some kind of significant movement on March 15 in the markets are: Larsen & Toubro; Procter & Gamble Hygiene & Health Care; Aurobindo Pharma; Indian Hume Pipe; and Crompton Greaves.
The five stocks that may witness some kind of significant movement on March 15 in the markets are: Larsen & Toubro; Procter & Gamble Hygiene & Health Care; Aurobindo Pharma; Indian Hume Pipe; and Crompton Greaves.
a) Larsen & Toubro: The construction arm of Larsen & Toubro (L&T) has won orders worth Rs 1672 crore for buildings & factories; and power transmission & distribution businesses. Considering the latest order, L&T's total order inflow for the current quarter stands at Rs 16185 crore.
b) Procter & Gamble Hygiene & Health Care: Procter & Gamble Hygiene & Health Care (P&G) has stopped sale of 'Vicks Action 500 Extra' after government ban. The company has discontinued manufacture and sale of the product with immediate effect.
c) Aurobindo Pharma: Aurobindo Pharma received USFDA approval for Ibandronate sodium tablets. The company will manufacture and market Ibandronate Sodium Tablets, 150 mg. The approved product is expected to be launched in Q1FY17.
d) Indian Hume Pipe: Indian Hume Pipe bagged order worth Rs 147 crore. The order is for executing comprehensive water supply service improvements in Anantapuramu Municipal Corporation under Andhra Pradesh Municipal Development Project (APMDP).
e) Crompton Greaves: Crompton Greaves dropped about 75 per cent after demerger of its consumer products business into separate entity. The shareholders of Crompton Greaves will get one share of consumer products business for every one share held in the company.
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