Mid-Day stock watch on April 26

DSIJ Intelligence / 26 Apr 2016

Mid-Day stock watch on April 26
Hours since the markets opened today, after a careful observation of stocks' movements and analysis, we find these below mentioned stocks worth watching during rest half of the day.

Hours since the markets opened today, after a careful observation of stocks' movements and analysis, we find these below mentioned stocks worth watching during rest half of the day.

a) Shoppers Stop: Shoppers Stop has opened its store at Logix City Centre Mall, Noida. The company’s share price declined by just 0.53 per cent on bourses in early trades and is trading at Rs 375 on an intraday basis. The stock will be watched out for rest of the trading session.

b) Great Eastern Shipping Company: Great Eastern Shipping Company has entered into a  contract to sell its Aframax ‘Jag Laxmi’. The company’s share price will be in limelight for rest of the day.

c) Sun Pharmaceutical Industries: The company has signed a Public-Private-Partnership (PPP) agreement with Indian Council of Medical Research (ICMR) for 'Malaria Free India' initiative and other innovation in preventive health. The share price of the company will be in focus for rest of the trading session.

d) Hindalco Industries: Hindalco Industries has agreed to accept a takeover bid from MetalsX for its Australian subsidiary Aditya Birla Minerals (ABML). The share price of the company has increased by 4.12 per cent on bourses; and is trading at Rs 102.35 on an intraday basis.

e) Axis Bank/Biocon: Axis Bank and Biocon will declare their fourth quarterly results on April 26. These stocks will be in focus for rest of the day.

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