Mid-Day stock watch on April 27

DSIJ Intelligence / 27 Apr 2016

Mid-Day stock watch on April 27

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) Aurobindo Pharma: The company received US Food & Drug Administration (USFDA) approval for Famotidine Tablets (OTC). It will manufacture and market Famotidine Tablets USP, 10 mg and 20 mg (OTC). Aurobindo now has a total of 256 ANDA approvals (219 Final approvals including 10 from Aurolife Pharma LLC and 37 tentative approvals) from USFDA.

b) L&T: L&T Construction won orders worth Rs 1798 crore on April 27. Out of the total order Rs 565 crore comes for water & effluent treatment business; Rs 497 crore for transportation infrastructure business; and remaining Rs 407 crore towards power transmission and distribution .business.

c) Mahindra & Mahindra: Mahindra & Mahindra launched all new Big Bolero Pik-up, its Supreme Workhorse on April 27. The company has launched new vehicle in domestic market only. The share price of the company will be in focus for rest of the trading session.

d) Bharti Airtel: Bharti Airtel’s board is meeting for considering buyback plans on April 27. The company will declare quarterly results too. The share price of the company will be in the limelight for rest of the day.

e) CEAT/Kansai Nerolac Paints/JSW Energy: CEAT/Kansai Nerolac Paints/JSW Energy will declare their fourth quarterly results on April 27. These stocks will be in focus for rest of the day.

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