Overnight Digest – Stocks to look out for on September 1

The stocks which could witness significant movement on September 1 are Bharat Wire Ropes, Credit Analysis and Research, Tata Power, TV Today Network/ Navkar Corporation/ Mahanagar Gas and Punjab National Bank.

Bharat Wire Ropes: Bharat Wire Ropes has started booking orders to be executed from on-going project at Chalisgaon, Maharashtra. The company has booked order worth approximately Rs 10 crores recently.

Credit Analysis and Research: Credit Analysis and Research has signed MoU to establish Credit Rating Agency in Nepal. The share price of Credit Analysis and Research will be in focus on Thursday.

Tata Power: Tata Power and the Javelin joint venture has signed a letter of intent (LOI) operating through its strategic engineering division to explore co-development and production of the Javelin anti-armour missile system. The share price of Tata Power will be watched out on September 1.

TV Today Network/Navkar Corporation/ Mahanagar Gas: TV Today Network, Navkar Corporation and Mahanagar Gas will declare their Q1FY17 results on Thursday. The share price of these companies will be in the limelight on September 1.

Punjab National Bank: Punjab National Bank (PNB) has introduced new Marginal Cost of Funds Based Lending Rate (MCLR) on Wednesday after market hours. MCLR of 9.1 per cent for overnight, 9.15 per cent for one month. The share price of PNB will be in focus on Thursday.