Overnight Digest – Stocks to look out for on September 21
DSIJ Intelligence / 20 Sep 2016
The stocks which could witness a significant movement on September 21 are-Welspun India, Wonderla Holidays, Adani Ports and Special Economic Zones, Ashok Leyland and Kolte Patil Developers.
The stocks which could witness a significant movement on September 21 are-Welspun India, Wonderla Holidays, Adani Ports and Special Economic Zones, Ashok Leyland and Kolte Patil Developers.
Welspun India: - Marred by US lawsuits, the company is facing fresh allegations and the stock is expected to react in tomorrow's trading session.
Wonderla Holidays: - According to the BSE announcement, Wonderla Holidays has installed 500Kw solar plants.
Adani Ports and Special economic Zone (APSEZ):- APSEZ today said its arm APO has inked a pact to acquire Australian firm APB, which operates and maintains Abbot Point Coal Terminal in Queensland, for an estimated AUD 19.25 million (about Rs 97.5 crore).
Ashok Leyland: - The stock is expected to trade volatile based on views from several analysts on the Ashok Leyland – Hinduja Foundries merger.
Kolte Patil Developers: - The Company is expecting to achieve 20 per cent growth in volume terms and 18-20 per cent uptick in topline in FY17. During an earnings conference call, the management said that it is on track for debt repayment target of Rs 100 crore.
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