Overnight Digest – Stocks to look out for on September 6

DSIJ Intelligence / 02 Sep 2016

Overnight Digest – Stocks to look out for on September 6

The stocks which could witness a significant movement on Sept 6 are Welspun India, Jubiliant Foods/Bhushan Steel/MRPL, Alstom India, Cipla  and Parag Milk & Foods.

The stocks which could witness a significant movement on Sept 6 are Welspun India, Jubiliant Foods/Bhushan Steel/MRPL, Alstom India, Cipla  and Parag Milk & Foods.

Welspun India :- The stock is buzzing on reports of stakes purchase by institutional investor and traded in upper circuit on Friday. The momentum is expected to continue in the stock.

Jubiliant Foods/Bhushan Steel/MRPL :- The Q1 FY17 results are expected to be declared for these three stocks on September 3, 2016. 

Alstom India :- The company has come out with it Q1FY17 results on September 2. The company has come out with poor results and the stock can react in tuesday's trading session.

Cipla:- The company has received USFDA approval for Generic Enablex tablet.

Parag Milk & Foods :- The company has reported excellent growth in net profits and estimates good growth in revenues in its statement to media today.

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