Overnight Digest – Stocks to look out for on August 11
DSIJ Intelligence / 10 Aug 2016
The stocks which could witness a significant movement on August 11 are Great Eastern Shipping Company, Linc Pen & Plastics, Va Tech Wabag/ Rural Electrification Corporation and Dilip Buildcon.
The stocks which could witness a significant movement on August 11 are Great Eastern Shipping Company, Linc Pen & Plastics, Va Tech Wabag/ Rural Electrification Corporation and Dilip Buildcon.
Great Eastern Shipping Company: Great Eastern Shipping Company takes delivery of second hand medium range product tankers. The share price of the company will be in limelight on Thursday.
Linc Pen & Plastics: Linc Pen & Plastics has proposed to set up a manufacturing capacity at Umbergaon, Gujarat. The company will invest about Rs 26 crores and the project is expected to be completed by June 2017. The share prices of company will be in focus on August 11.
Ultratech Cement: The board of directors of Ultratech Cement have approved the scheme of arrangement between Jaiprakash Associates (JAL) and Jaypee Cement Corporation (JCCL). The share price of company will be in the limelight.
Va Tech Wabag/ Rural Electrification Corporation: Va Tech Wabag and Rural Electrification Corporation will declare their Q1FY17 results on Thursday. The share prices of these companies will be in focus on August 11.
Dilip Buildcon: The scrip will make its stock market debut on Thursday. The company has attracted massive demand, with the initial public offer of Rs 650 crores getting subscribed by around 21 times. The share price of the company will be watched out throughout the day on August 11.
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