Overnight Digest – Stocks to look out for on Sept 16
DSIJ Intelligence / 15 Sep 2016
The stocks which could witness a significant movement on September 16 are Essel Propack, Bharat Elecronics, Capital First, Tune Investments of India and Yes Bank.
The stocks which could witness a significant movement on September 16 are Essel Propack, Bharat Electronics, Capital First, Tune Investments of India and Yes Bank.
Essel Propack :- Essel Propack Ltd., has informed BSE regarding "Raising of funds through issuance of Commercial Papers for Rs. 25 crore".
Bharat Electronics :- Bharat Electronics will be buying back its shares and consequently has made such announcements on BSE.
Capital First :- Capital First Ltd., has informed BSE that the Debenture Committee constituted by the board of directors of the company vide a Resolution passed via a Circulation on September 15, 2016, inter alia has approved the allotment of Rated, Listed, Secured, Redeemable Non-Convertible Debentures ("NCDs").The Company has raised Rs. 100,00,00,000/- (Rupees Hundred crores) by issue of NCDs on a private placement basis.
Tube Investments of India:- Tube Investments of India Ltd., has informed BSE regarding a Press Release dated September 15, 2016 titled "TII enters into Joint Venture with Absolute Speciality to open Bicycle cafes in India under the Ciclo Cafe brand".
Yes Bank :- As per media reports SEBI might be scrutinizing the Yes bank QIP issue and its consequent failure. The stock might react to the developments on Sep 16.
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